English
Specials
    Upgrade
    MoneycontrolBe a PRO
    Moneycontrol PRO
    you are here: HomeNewsBusinessMoneycontrol Research

    Raw material price shadow on M&M’s Q4; outlook positive

    M&M is looking to launch an EV model of XUV 300 in Q3/Q4 of FY23

    Nitin Agrawal
    May 31, 2022 / 10:26 AM IST
    Raw material price shadow on M&M’s Q4; outlook positive

    The next-gen Mahindra Scorpio has been in development for a long, long time now and the company has fnally taken the wraps off the SUV, but only for the exteriors. Fortunately, Mahindra has also told us when the Scorpio is set to be commercially launched, so we have something to finally look forward to. Initially codenamed Z101, Mahindra has now christened the new SUV the Scorpio-N. Mahindra has also announced that the Scorpio will go on sale alongside the current-gen Scorpio which will then be called Scorpio Classic. This would essentially position the Scorpio-N just above the Scorpio Classic and below the XUV700 which means lower trim levels could overlap with the higher trim levels current-gen Scorpio while higher trim levels could be in line with the lower trim levels of the XUV700. (Image: auto.mahindra.com)

    PRO Only Highlights
    -      Quarterly performance largely backed by improved realisations
    -      Medium-term triggers China plus and protectionist measures for tyre industry
    -      Valuations not inexpensive; but improved medium-term outlook

    Commodity-linked inflation pressure and the shortage of semiconductor chips have impacted the financial performance of Mahindra & Mahindra (M&M) (CMP: Rs 1,000; M cap: Rs 1.20 lakh crore) in Q4FY22. However, what has come to its rescue is the strong performance by the automobile segment, driven by product launches in the fiscal gone by. Order booking and demand continue to be buoyant from the medium- to long-term perspective. This, coupled with the company’s strong leadership in farm equipment, positive rural sentiment,...

    • PRO Panorama

      Moneycontrol Pro Panorama | Return of the FIIs

      May 30, 2023 / 02:48 PM IST

      In today’s edition of Moneycontrol Pro Panorama: SEBI to widen net for insider trading, projecting market trends are next to imp...

      Read Now
    • PRO Weekender

      Moneycontrol Pro Weekender: Things fall apart

      Apr 22, 2023 / 11:16 AM IST

      The mainstream is coming around to the view that geopolitics will result in a fragmented global economy and we will not go back to...

      Read Now

    To read the full story, Subscribe to Moneycontrol PRO

    Access the exclusive stories, weekly investment ideas and daily technical calls in an Ad free experience

    View Plans

    Already a member? Sign in

    Limited Period offer on Moneycontrol PRO. Subscribe to PRO and get up to

    50% OFF

    What Do You Get

    • Ad free experience

      Experience a non-intrusive navigation and faster response in the ad free mode

    • Sharpest Opinions

      Access to 230+ exclusive stories per month from our editorial and Experts

    • +

      Have a Global edge with access to content from world renowned experts and journalist

    • Actionable Insights

      Access to 40+ weekly investment ideas including 4 daily technical calls

    • Virtual Events

      Exclusive access to live webinars from market experts on trading and investment strategies

    • Newsletters

      Daily and weekly insights bundled and sent to your inbox to keep you ahead in the race.

    View Offers

    Get upto 50% discount on limited period offers