Mahindra Mahindra Limited is part of the US $6.7 billion Mahindra Group, an automotive, farm equipment, financial services, trade and logistics, automotive components, after-market, IT and infrastructure conglomerate. The company was set up in 1945 as Mahindra Mohammed. Later, after the partition of India, Ghulam Mohammad returned to Pakistan and became that nation\s first finance minister. Hence, the name was changed from Mahindra Mohammed to Mahindra Mahindra in 1948. Initially set up to manufacture general-purpose utility vehicles, Mahindra Mahindra (MM) was first known for assembly under licence of the iconic Willys Jeep in India. The company later branched out into manufacture of light commercial vehicles (LCVs) and agricultural tractors, rapidly growing from being a manufacturer of army vehicles and tractors to an automobile major with a growing global market. At
Which is a better Cement stock to invest in?