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Auto shares rally; Maruti Suzuki, Hero MotoCorp, Tata Motors up 5%

Homegrown auto major Mahindra and Mahindra today reported 19% increase in tractor sales to 13,574 units in February.

The company had sold 11,437 units in the same month of the last year.

Domestic tractor sales rose 24% to 12,702 units in February as against 10,267 units in the year-ago month, the company said in a statement.

Exports during the month declined by 25% to 872 units compared with 1,170 units in the same month of last year, it added.