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43 Results Found
  • Motilal Oswal upgrades M&M to buy, monsoon & rural big triggers Jul 05, 2016 08:45 AM IST

    Motilal Oswal upgrades M&M to buy, monsoon & rural big triggers

    It says that that the worst is over for M&M not only in its core businesses of tractors and utility vehicles (UVs) but also in key subsidiaries. The brokerage firm hopes that after a four-year gap both the businesses tractors and UVs will deliver 14.5 percent volume CAGR over FY16-18.

  • Maruti, Hyundai, M&M domestic sales jump around 10% in May Jun 01, 2016 06:54 PM IST

    Maruti, Hyundai, M&M domestic sales jump around 10% in May

    Automobile majors Maruti Suzuki, Hyundai and Mahindra & Mahindra reported double digit growth in their passenger vehicles sales in May riding on new models and better consumer sentiments in expectations of a good monsoon

  • M&M to launch sports vehicle NuvoSport early April Mar 22, 2016 06:16 PM IST

    M&M to launch sports vehicle NuvoSport early April

    NuvoSport is based on the same new generation platform as the Scorpio but sport a bold and aggressive styling, the company said, adding the new vehicle is targeted at those leading an active, outdoorsy lifestyle.

  • Don't see anything impacting profitability ahead: M&M Aug 10, 2015 01:19 PM IST

    Don't see anything impacting profitability ahead: M&M

    Mahindra and Mahindra reported stronger-than-expected numbers for the quarter. Pawan Goenka, executive director, M&M, spoke about the company's performance in the first quarter.

  • Expect passenger vehicle sales to grow 5-6% this year: ICRA Jun 24, 2015 12:55 PM IST

    Expect passenger vehicle sales to grow 5-6% this year: ICRA

    In an interview with CNBC-TV18's Anuj Singhal and Ekta Batra, Subrata Ray, Senior Vice President, Co-Head Corporate Sector Rating, ICRA, outlined trends the ratings firm has captured in its recent report on the auto sector.

  • TaMo young pros get investment advice from NSE Fin Wiz Dec 09, 2013 02:06 PM IST

    TaMo young pros get investment advice from NSE Fin Wiz

    Established in 1945, Tata Motors is India‘s largest automobile company with its presence in every nook and corner of the country. The company manufactures a vast range of automobile consisting of trucks, utility vehicles, buses and passenger cars.

  • Maruti production dips marginally in Sep to 92,140 units Oct 04, 2013 03:00 PM IST

    Maruti production dips marginally in Sep to 92,140 units

    The reduction in production in September was mainly on account of the company cutting output of utility vehicles, comprising Gypsy and Ertiga, which stood at 1,807 units as compared to 7,347 units a year earlier, down four-fold.

  • M&M to shut production for up to 6 days in coming months Aug 01, 2013 05:08 PM IST

    M&M to shut production for up to 6 days in coming months

    M&M's announcement to observe no production days at its automotive plants comes on the back of sluggish demand for utility vehicles and pickup trucks.

  • Mahindra & Mahindra to cut output as SUV demand slows Jul 11, 2013 09:38 AM IST

    Mahindra & Mahindra to cut output as SUV demand slows

    The India's largest utility vehicle maker said that it will observe 'no production days' at its automotive plants for 1-8 days in July. Its subsidiary Mahindra Vehicle Manufacturers will also see no output for 8 days.

  • India Ratings cuts auto sector outlook Jul 10, 2013 05:28 PM IST

    India Ratings cuts auto sector outlook

    The Fitch Group company expects passenger vehicle production in India to rise to 65-67 lakh units by FY16, up 33-37 percent over FY13.

  • India Ratings revises auto sector outlook to down Jul 10, 2013 03:32 PM IST

    India Ratings revises auto sector outlook to down

    India Ratings & Research (Ind-Ra) has revised its outlook for the automobile industry to stable to negative from stable. This is the first time in six years that the agency has revised its outlook for the sector.

  • Mahindra launches compact car Verito Vibe at Rs 5.63 lakh Jun 05, 2013 06:02 PM IST

    Mahindra launches compact car Verito Vibe at Rs 5.63 lakh

    The Verito Vibe will compete with the likes of Maruti Suzuki Swift, DZire and Honda Amaze. But apart from the Verito platform and the electric car E2O, the company has no plans to launch any other passenger car.

  • Mahindra & Mahindra beats street; Q4 net up 2% to Rs 889cr May 30, 2013 03:16 PM IST

    Mahindra & Mahindra beats street; Q4 net up 2% to Rs 889cr

    Mahindra & Mahindra beat street on Thursday as fourth quarter net profit rose 2 percent year-on-year to Rs 889 crore and net sales were up 12 percent to Rs 10,353 crore.

  • Mahindra & Mahindra Q4 net seen at Rs 723cr; sales up 7% May 30, 2013 12:04 PM IST

    Mahindra & Mahindra Q4 net seen at Rs 723cr; sales up 7%

    Mahindra & Mahindra will report its Q4 results later on Thursday. Analysts expect net profit at Rs 723 crore, on revenue of Rs 9,990 crore, according to a CNBC-TV18 poll.

  • M&M market shr in UVs may dip; Kotak cuts growth forecast Apr 23, 2013 06:46 PM IST

    M&M market shr in UVs may dip; Kotak cuts growth forecast

    Brokerage house Kotak Securities has trimmed its earnings estimates for Mahindra & Mahindra, while retaining its ‘add‘ rating on the stock, saying upcoming utility vehicle launches could eat into its market share.

  • Mahindra March total auto sales rise 11% to 51,904 units Apr 01, 2013 02:32 PM IST

    Mahindra March total auto sales rise 11% to 51,904 units

    Utility vehicle maker Mahindra & Mahindra's total automobile sales in March rose 11 percent year-on-year to 51,904 units.

  • Hike in excise duty could hurt UV sales, says M&M's Goenka Mar 22, 2013 11:33 AM IST

    Hike in excise duty could hurt UV sales, says M&M's Goenka

    The 3 percent hike in excise duty hike on sports utility vehicles proposed in the Union Budget could hurt UV sales and lead to a possible shift in demand to other passenger vehicle segments, Pawan Goenka, president, automotive and farm equipment sector, Mahindra & Mahindra, said on Friday.

  • FY14 also likely to be difficult for auto industry: SIAM Mar 12, 2013 11:25 AM IST

    FY14 also likely to be difficult for auto industry: SIAM

    Its been a dismal year for India's automobile industry, but their woes are likely to continue well into next year, feels industry body Society of Indian Auto Manufacturers.

  • Domestic passenger car sales plunge 26% in Feb: SIAM Mar 11, 2013 04:51 PM IST

    Domestic passenger car sales plunge 26% in Feb: SIAM

    There seems to be no end to the speed bumps encountered by passenger car makers in India. Domestic car sales in Feb plunged 26 percent year-on-year, the most in 12 years, according to data released by Society Indian Automobile Manufacturers (SIAM). Total passenger vehicle sales (cars + utility vehicles) last month declined 17 percent.

  • M&M Nashik plant workers end strike after co strikes deal Mar 07, 2013 04:28 PM IST

    M&M Nashik plant workers end strike after co strikes deal

    The tool down strike at Mahindra & Mahindra's automotive plant at Nashik in Maharashtra, which began on Tuesday, has ended, the utility vehicle maker said on Thursday.

  • Tata Motors to slash Indica, Indigo prices as sales plunge Mar 02, 2013 02:41 PM IST

    Tata Motors to slash Indica, Indigo prices as sales plunge

    Tata Motors is set to slash prices of its Indica hatchback and Indigo sedan as its battles falling sales in the domestic market.

  • Strong UV sales drive M&M Q3 net profit up 26% at Rs 836cr Feb 08, 2013 02:38 PM IST

    Strong UV sales drive M&M Q3 net profit up 26% at Rs 836cr

    Utility vehicle maker Mahindra & Mahindra on Friday said standalone net profit for the third quarter rose 26 percent from a year ago to Rs 836 crore.

  • M&M Q3 net profit seen up 24% YoY at Rs 823cr Feb 08, 2013 10:33 AM IST

    M&M Q3 net profit seen up 24% YoY at Rs 823cr

    India's largest utility vehicle and tractor maker Mahindra & Mahindra will report its third quarter earnings later on Friday. While passenger vehicle sales have been sluggish over the last one year, the maker of Scorpio, Bolero and XUV500 will be boosted by a strong shift in demand to utility vehicles.

  • Here's what to expect from M&M Q3 results Feb 07, 2013 05:45 PM IST

    Here's what to expect from M&M Q3 results

    Utility vehicles have continued to accelerate, bucking the overall slowdown in the automobile industry this financial year, and that is expected to boost Mahindra & Mahindra's third quarter earnings. The maker of UVs like Scorpio, Bolero and XUV500 will report its results for the Oct-Dec quarter on Friday.

  • Mahindra Jan auto sales up 11% at 49,503 units Feb 01, 2013 02:08 PM IST

    Mahindra Jan auto sales up 11% at 49,503 units

    Mahindra & Mahindra's total automotive sales in January rose 11 percent year-on-year to 49,503 units, driven by utililty vehicle demand, while exports and medium & heavy truck sales slumped.

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