May 01, 2021 03:40 PM IST
Hemant Sikka of M&M expects that tractor demand will bounce back as farmers start preparing their land for Kharif crops in the ensuing weeks.
- Apr 08, 2021 12:03 PM IST
Mahindra has been known for its SUVs - legendary cars like the Mahindra Thar and the more modern but long-running vehicles like the Bolero and Scorpio dominate Mahindra’s lineup.
- Apr 07, 2021 12:28 PM IST
The move comes on the back of the new scrappage policy announced by the Ministry of Road, Transport and Highways.
- Apr 05, 2021 09:07 AM IST
Anish Shah took over as the head of M&M on April 2, 2021, succeeding Pawan Goenka.
- Apr 01, 2021 03:16 PM IST
11 of the 14 carmakers who control 99 percent of India's domestic car market recorded a 126 percent jump in March sales to 315,946 units compared to 139,761 in March, 2020 when the lockdown had begun to hit production.
- Mar 31, 2021 04:38 PM IST
The consolidation of the step-down subsidiary will aim at categorising EV operations into two distinct verticals – Last Mile Mobility and Electric Vehicle Tech Centre.
- Mar 18, 2021 10:02 AM IST
CLSA has forecast FY22/23 tractor industry growth of 8 percent/2 percent on an FY21 base of 25 percent. It is of the view that SUV launches and a cyclical recovery in light commercial vehicles should drive the auto segment margin.
- Mar 09, 2021 11:48 AM IST
Meru’s EV plans include creating infrastructure to operate 300 EVs across India with goal of expanding to 10,000
- Mar 02, 2021 10:39 AM IST
Global research firm CLSA has Mahindra & Mahindra as one of the top picks in the auto space. It is of the view that recovery in auto space continues off a low base. Tractor is the only segment which is growing strongly on a high base.
- Feb 08, 2021 10:18 AM IST
M&M's strong leadership in farm equipment, positive rural sentiment and a slew of new products in the auto segment make it a candidate for the long-term portfolio
- Feb 08, 2021 09:51 AM IST
The auto major reported a massive 39.6 percent YoY growth in profit to Rs 530 crore for the quarter ended December 2020. Revenue from operations grew by 16 percent YoY to Rs 14,056.5 crore in Q3 FY21 with strong tractor volumes.
- Feb 06, 2021 05:05 PM IST
For Mahindra, the coming financial year is an important one, considering its plans of launching new-gen variants of the Scorpio and the XUV500.
- Feb 05, 2021 02:31 PM IST
Revenue from operations grew by 16 percent year-on-year to Rs 14,056.5 crore in Q3FY21, with strong tractor volumes.
- Feb 05, 2021 02:22 PM IST
- Feb 05, 2021 07:48 AM IST
Overall volumes increased by 3 percent year-on-year in Q3FY21 led by 20 percent YoY increase in tractor volumes, though automobile volumes fell by 8 percent YoY.
- Feb 01, 2021 12:59 PM IST
The company had sold 52,546 units in the same month last year, M&M said in a statement.
- Jan 25, 2021 07:00 PM IST
Mahindra and Mahindra (M&M) is currently focusing on larger sports utility vehicles and pickup trucks, which is a reasonably large segment to drive sales
- Jan 08, 2021 11:00 AM IST
The share touched its 52-week high Rs 764.10 and 52-week low Rs 245.80 on 08 December, 2020 and 25 March, 2020, respectively.
- Jan 06, 2021 01:04 PM IST
Prabhudas Lilladher is bullish on Mahindra and Mahindra has recommended buy rating on the stock with a target price of Rs 851 in its research report dated January 04, 2021.
- Jan 06, 2021 12:35 PM IST
ICICI Direct is bullish on Mahindra and Mahindra recommended buy rating on the stock with a target price of Rs 870 in its research report dated January 04, 2021.
- Jan 05, 2021 02:41 PM IST
Sharekhan is bullish on Mahindra and Mahindra has recommended buy rating on the stock with a target price of Rs 872 in its research report dated January 01, 2021.
- Jan 04, 2021 03:22 PM IST
Emkay Global Financial is bullish on Mahindra and Mahindra has recommended buy rating on the stock with a target price of Rs 824 in its research report dated January 01, 2021.
- Jan 02, 2021 09:16 AM IST
The troubled automaker has also applied for an autonomous restructuring support (ARS) programme which is a court-designed process.
- Jan 01, 2021 12:47 PM IST
The passenger vehicles segment (which includes UVs, Cars and Vans) sold 16,182 vehicles in December 2020, a growth of 3% over same period last year.
- Dec 31, 2020 11:22 AM IST
South Korean automaker SsangYong Motor filed for receivership in a Seoul court on December 22.