Tractors

Mahindra: GST tailwinds to power earnings across businesses segments

PV industry had gone through a rough patch between FY2022 and FY2023 when PV sales softened on the back of a surge in costs and vehicle prices

December ’24 auto sales: PVs in fast lane; CVs, tractors pick up momentum

The encouraging numbers came on the back of continuing demand momentum in rural areas and a pick-up in infrastructure spends. Year-end discounts also helped

Bengaluru rains: School buses stranded on flooded road, students rescued in tractors near tech hub ORR

Buses from multiple schools were stuck on Balagere Road on Tuesday evening due to flooding caused by heavy rain.

Vehicle retail sales soar 19% to 37.93 lakh units during 42-day festive period: FADA

Record-breaking sales were reported in several categories, with rural areas particularly contributing to the surge in two-wheeler purchases

A weakening tractor cycle may crimp M&M’s profitability

While there is no complaining about M&M’s utility vehicle segment, the anticipated weakness in tractor sales may be a drag on profitability

Cruise control, no gears: How battery-powered tractors can change farming

Cruise control technology, which has long been a staple in the automotive industry, is now making its way into the agricultural sector.

Escorts Kubota to increase tractor prices from September 16

The increase in prices would vary across models and geographies, Escorts Kubota informed the stock exchanges.

M&M aims to double tractor exports by FY26, hitches ride on OJA range

Connectivity and technology form the core of the lightweight OJA range that was launched in Cape Town. After India, these tractors will be launched in North America, ASEAN region, Brazil, Australia, South Africa, Europe and SAARC countries

Mahindra launches new range of lightweight tractors

Mahindra & Mahindra has introduced seven new tractor models for the Indian market on the compact and small utility platforms, all equipped with standard 4WD

Tata Motors, Ashok Leyland top picks as Motilal Oswal backs CVs on stable outlook

Freight rates have generally remained steady without significant fluctuations.

Swaraj Tractors launches new range of compact lightweight tractors; price starts from Rs 5.35 lakh

The company said it will roll out two models -- Target 630 and Target 625 -- in 20-30 HP category under the new Target range.

Mahindra to bring 40 tractor models under new OJA brand

The Mahindra OJA tractors will focus on both domestic and international markets including the US, Japan and South-East Asia, the company said in a statement.

Nelcast: Well-placed to ride the demand from CV, export markets

The company is on track on the back of an upturn in CV cycle, higher export demand and improvement in EBITDA

Discovery series: This micro cap idea is set to ride the CV cycle

This stock is well placed on the back of an upturn in CV cycle, higher export demand and improvement in EBITDA

M&M zips past Tata Motors to be India's second most-valued automaker

Shares of Mahindra & Mahindra Ltd has overtaken Tata Motors Ltd in terms of market capitalisation to become second most valued auto firm of India.

Escorts Q4 Result | Firm's net profit falls 29% YoY to Rs 190 crore

Revenue for the quarter fell 16% year-on-year to Rs 1,879 crore. EBITDA margins slumped by 252 basis points to 13.1% from 15.6% a year ago.

Why this agri equipment company should find a place in your portfolio

Auto slowdown | Retail and wholesale auto sales growth trends show divergence, what that means for investors

Registrations data show a trend that differs from the dismal data that company sales data is showing. And, September may have a surprise up its sleeve

See 12% tractor margins in FY18, 13-14% in FY19; mkt share at 11-11.5%: Escorts

Bharat Madan, CFO, Escorts is confident that H2 would be better than H1 on back of strong demand witnessed on the ground.

ITL domestic tractor sales up 31% in August at 4,887 units

The company had sold 3,730 tractors in the same month last year, ITL said in a statement.

Tractor makers disappointed over GST rate cut on 'token' parts

Tractor Manufacturers' Association (TMA) said out of the 66 items on which GST rates were reduced on Sunday, a large chunk of major components used in making tractors have been left out and the reduction must be extended to across all tractor parts.

M&M Financial rules out waiver for tractor loans; bets on cars for growth

SBI recently announced one time settlement for tractor loans but M&M Financial chief Ramesh Iyer says that they will not follow suit as such schemes depends on customer to customer. However, he said that such settlements protect the resale price of the tractor and avoids customers to sell the tractors in the market for a lesser price.