M&M, Escorts may see good tractor sales in May: Tulsian

SP Tulsian, sptulsian.com is of the view that M&M and Escorts may see good tractor sales number in the month May.

Tulsian told CNBC-TV18, “Generally, ahead of the monsoon because we have the presence of the Kharif season always contribute 55 percent. Ahead of that, we always see the good sales numbers coming in for the tractors. But on the anticipation of the good monsoon, probably we will be seeing the better number for May as well. Generally, the better numbers of tractors sales are seen for the month of May but this time strangely better numbers have come for the month of April also. So yes, the positive stance can be taken on the hopes that better tractor sales number will be seen for the month of May also by both these companies (Mahindra and Mahindra and Escorts)