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Mahindra and Mahindra

M&M's growth story gains traction: Brokerages revise targets amid strong demand, bullish outlook

M&M's growth story gains traction: Brokerages revise targets amid strong demand, bullish outlook

Fri, Nov 08, 2024

Morgan Stanley raised its target to Rs 3,336 and kept its 'Overweight' rating, citing strong fundamentals and growth potential in M&M's core areas.

M&M Q2 Results: Consolidated PAT jumps 35%; stock slips by nearly 1%

M&M Q2 Results: Consolidated PAT jumps 35%; stock slips by nearly 1%

Thu, Nov 07, 2024

Mahindra and Mahindra reported its Q2 earnings during market hours on Thursday. For the reporting quarter, the company's revenue increased 10 per cent on-year.

Mahindra last mile mobility launches electric 4W SCV 'ZEO,' starting at Rs 7.52 lakh

Mahindra last mile mobility launches electric 4W SCV 'ZEO,' starting at Rs 7.52 lakh

Thu, Oct 03, 2024

Range & Charging With a real-world driving range of 160 km, enhanced by a regenerative braking system, the ZEO offers two driving modes—Eco and Power—to optimize range and minimize downtime. The DC fast charging system provides a 100 km range in just 60 minutes. An onboard 3.3 kW charger is standard, with other configurations available.

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Mahindra Auto sales up 9% in August at 76,755 units

Mahindra Auto sales up 9% in August at 76,755 units

Mon, Sep 02, 2024

The Mumbai-based auto major's passenger vehicle sales in the domestic market rose 16 per cent to 43,277 units last month against 37,270 units in August last year, the auto major said in a statement.

Taking the Mahindra Thar Roxx for a Spin: Test Drive Review

Taking the Mahindra Thar Roxx for a Spin: Test Drive Review

Wed, Aug 21, 2024

Test drive of Mahindra Thar Roxx. How different is Mahindra Thar Roxx from the old Thar? Know when the booking will start, what is the price and other features.

Mahindra and Mahindra Q1: PAT logs 20% YoY growth;RoE at strong 19.4%

Mahindra and Mahindra Q1: PAT logs 20% YoY growth;RoE at strong 19.4%

Wed, Jul 31, 2024

In Q1, the company recorded its highest-ever tractor volumes.

M&M Q1 preview: Margins expected to remain steady; demand outlook for tractors a key factor to watch out for

M&M Q1 preview: Margins expected to remain steady; demand outlook for tractors a key factor to watch out for

Tue, Jul 30, 2024

M&M- the auto stock is slated to come up with its June quarter earnings on Wednesday.

D-Street Newsmakers: Asian Paints, M&M and RVNL among 7 stocks that made headlines today

D-Street Newsmakers: Asian Paints, M&M and RVNL among 7 stocks that made headlines today

Wed, Jul 10, 2024

Led by gains in the pharma and FMCG stocks, benchmark indices recovered sharply from the day's low.

FirstCry's parent firm Brainbees Solutions gets Sebi's go ahead to float IPO

FirstCry's parent firm Brainbees Solutions gets Sebi's go ahead to float IPO

Mon, Jul 01, 2024

Apart from this, three more companies -- SaaS platform Unicommerce eSolutions, Maharashtra-based Gala Precision Engineering and Interarch Building Products -- obtained the regulator's nod to float the initial share sale.

M&M share price target: Automaker shares hit record high on D-Street after brokerages raise targets; Jefferies sees 20% upside

M&M share price target: Automaker shares hit record high on D-Street after brokerages raise targets; Jefferies sees 20% upside

Tue, Jun 18, 2024

M&M share price: Mahindra & Mahindra (M&M) shares clocked an all-time high on Tuesday, June 18 after global brokerages revised their targets on the counter post in Mumbai-based automobile manufacturer's Investor Day presentation.

M&M shares jump 4 % ; mcap climbs Rs 8,742 crore post earnings

M&M shares jump 4 % ; mcap climbs Rs 8,742 crore post earnings

Thu, May 16, 2024

The company had posted a consolidated PAT of Rs 2,637 crore in the January-March quarter of the 2022-23 fiscal, M&M said in a regulatory filing.

Mahindra & Mahindra to invest Rs 12,000 crore in its EV unit

Mahindra & Mahindra to invest Rs 12,000 crore in its EV unit

Thu, May 16, 2024

The revenue from operations of MEAL for FY24 was nil, the company informed.

Mahindra & Mahindra Q4FY24 results: Consolidated PAT grows 4%; stock trades 1% higher

Mahindra & Mahindra Q4FY24 results: Consolidated PAT grows 4%; stock trades 1% higher

Thu, May 16, 2024

Mahindra & Mahindra (M&M) for the quarter-ended March reported a 4 per cent increase in consolidated profit after tax (PAT) at Rs 2,754 crore, led by strong performance of its automotive and farm sector segments.

M&M Finance Uncovers Rs 150 Crore Fraud, Delays Q4 Results Announcement

M&M Finance Uncovers Rs 150 Crore Fraud, Delays Q4 Results Announcement

Tue, Apr 23, 2024

Mahindra and Mahindra Financial Services Ltd exposes a significant fraud scheme involving forged KYC documents at one of its North East branches, leading to the postponement of financial meetings. Investigations are underway, with corrective measures being taken and arrests made.

M&M Fin shares falls as company delays Q4 results after ₹150 cr fraud at North East branch

M&M Fin shares falls as company delays Q4 results after ₹150 cr fraud at North East branch

Tue, Apr 23, 2024

Fraud in M&M Finance, results postponed, fraud of ₹150 Cr, about 20-22% of the total profit of the company. M&M Finance shares fell after fraud. Know complete details from Varun Dubey

Anand Mahindra Applauds Bhopal Startup's Self-Driving Cars

Anand Mahindra Applauds Bhopal Startup's Self-Driving Cars

Wed, Apr 03, 2024

Anand Mahindra, the renowned business tycoon, lauds a Bhopal-based startup for their innovative development of self-driving cars. The startup, led by IIT graduate Sanjeev Sharma, showcased a modified Mahindra Bolero SUV equipped with advanced self-driving technology, garnering widespread attention across the industry.

Committed to UVs amid expansion in EV space, says M&M

Committed to UVs amid expansion in EV space, says M&M

Mon, Mar 11, 2024

"In the last 11 months, we have sold 7.56 lakh units in passenger, commercial including three-wheelers. The trend indicates we are crossing the eight lakh mark by March 2024," M&M's national sales head Baneswar Banerjee told PTI on the sidelines of the launch of a dealership by Landmark group.

M&M's Latest Partnership with Volkswagen Revealed! Know Details Here

M&M's Latest Partnership with Volkswagen Revealed! Know Details Here

Fri, Feb 16, 2024

Big deal of M&M.. Agreement with Volkswagen.. Deal of e-components supply.. Know complete details from Nupur

M&M Q3 Results: Standalone profit jumps 61%, auto major clocks revenue of Rs 25,229 crore

M&M Q3 Results: Standalone profit jumps 61%, auto major clocks revenue of Rs 25,229 crore

Wed, Feb 14, 2024

The automaker's profit after tax soared by 60.59 per cent on a year-on-year (YoY) basis to Rs 2,453.98 crore in the December quarter from Rs 1,528.06 crore.

M&M Q3 Results Preview: Automaker expected to report positive set of numbers in December quarter

M&M Q3 Results Preview: Automaker expected to report positive set of numbers in December quarter

Tue, Feb 13, 2024

Zee Business research estimates the automaker's EBITDA to rise to Rs 3230 crore in the December quarter from Rs 2814 crore YoY, which will be an upside of 14.8 per cent. The company's margin, meanwhile, is expected to be slightly lower at 12.70 per cent in the quarter under review compared to 13 per cent the company reported in the same quarter last fiscal.

Maruti, Mahindra, Audi extend support to customers in cyclone-hit areas of Tamil Nadu, Andhra

Maruti, Mahindra, Audi extend support to customers in cyclone-hit areas of Tamil Nadu, Andhra

Wed, Dec 06, 2023

Mahindra & Mahindra said it has initiated complimentary roadside assistance, no-cost inspection and damage assessment and financial relief through special discount to its customers in the affected areas.

M&M total sales up 17% at 75,604 units in September

M&M total sales up 17% at 75,604 units in September

Sun, Oct 01, 2023

The company further said its utility vehicles sales were at 41,267 units as against 34,262 units in the year-ago month, up 20 per cent. M&M had nil sales of cars and vans last month although it sold 246 units in the category in September 2022.

NPA Reduction Masterplan By 2025: Insights from Ramesh Iyer, MD & VC, Mahindra Finance

NPA Reduction Masterplan By 2025: Insights from Ramesh Iyer, MD & VC, Mahindra Finance

Thu, Sep 21, 2023

Target to reduce NPA by 2025, plan to take it below 4%... Company's eye on General Insurance business... Eye on new products and growth companies for acquisition: Ramesh Iyer, MD & VC, M&M Finance ( Mahindra Finance

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