Mahindra & Mahindra

Mahindra unveils ₹15,000 cr decade-long investment plan for Maharashtra

Mahindra Group on Friday said it will invest Rs 15,000 crore in Maharashtra over the next ten years, which includes setting up an automobile and tractor manufacturing facility in Nagpur. In addition, Mahindra will acquire land in the Igatpuri-Nashik region to expand current product and engine capacities, as well as to support the growth of its Advanced Technology business, the statement said. The Nagpur facility, which will be the group's largest integrated manufacturing facility for automobiles and tractors, will start production in 2028, the group said in a statement. "With these initiatives, Mahindra is committing a comprehensive investment of Rs 15,000 crore over a ten-year period in Maharashtra and will acquire over 2,000 acres across three locations to further strengthen its manufacturing footprint," it added. Once fully operational, the facility will have an annual production capacity of over 5 lakh vehicles and 1 lakh tractors, making it Mahindra's largest integrated ...

Updated On: 06 Feb 2026 | 2:38 PM IST

M&M bags order to supply 35,000 Scorpio Pik Ups to Indonesia's Agrinas

Mahindra & Mahindra Ltd (M&M) on Wednesday said it has secured an order to supply 35,000 units of its light commercial vehicle Scorpio Pik Up to Indonesian state-owned firm Agrinas Pangan Nusantara. The vehicles will be supplied in 2026 as part of a cooperative project in the South-east Asian country. These pick-up vehicles for the Koperasi Desa/Kelurahan Merah Putih (KDKMP) project will play a crucial role in enhancing logistics for Koperasi (cooperatives) being set up across the country. It also said that the latest vehicle order surpasses the company's total export volumes achieved in FY25. Under the partnership, Mahindra and Agrinas Pangan Nusantara will work together to equip Koperasi with these vehicles to ensure effective and seamless flow of fresh supplies from farmers directly to the marketplace, thereby bridging the gap between producer and consumer. This collaboration aims to enhance rural logistics and enable villages to become independent centres of economic ...

Updated On: 04 Feb 2026 | 10:35 AM IST

M&M, Maruti Suzuki fall another 4%; what's making the Street nervous?

The stock price of Maruti Suzuki India was quoting lower for the seventh straight trading session, falling 12 per cent during the same period.

Updated On: 29 Jan 2026 | 2:49 PM IST

Mahindra bets on SUVs, new launches to sustain sales growth in 2026

Mahindra & Mahindra expects sales momentum to continue this year on the back of new product actions and a differentiated SUV portfolio created over the past four years, a top company executive said on Tuesday. Last year, the Mumbai-based auto major leapfrogged to second position in passenger vehicle sales, ahead of Tata Motors Passenger Vehicles and Hyundai Motor India Ltd. In an interaction with PTI, Mahindra & Mahindra Executive Director and CEO (Auto & Farm Sectors) Rajesh Jejurikar said the company's success in 2025 was driven by differentiated products like Thar Roxx and 3XO. He noted that the newly introduced XUV 7XO and the electric model XEV 9S are going to help the company continue on the growth path. "Last year, we also introduced new versions of Bolero and Bolero Neo. So, we believe that we have enough at play to keep our momentum going because the customers are looking for newness and every year, we are able to create one or two things (products), which really .

Updated On: 06 Jan 2026 | 7:07 PM IST

Motilal Oswal's sector of the week: Auto; check top bet and target price

Lean inventory levels at the end of calendar year 2025 indicate better demand-supply alignment and set the stage for continuous momentum into the coming quarters, according to Motilal Oswal

Updated On: 06 Jan 2026 | 11:03 AM IST

Maruti, Mahindra & Mahindra log Dec sales jump as tax cuts fuel demand

Jan 1 (Reuters) - India's top two carmakers, Maruti Suzuki and Mahindra & Mahindra, reported a strong rise in December ‍sales to dealers, ​company data showed on Thursday, with tax cuts from earlier in the year fuelling demand into the final month of 2025.

Updated On: 01 Jan 2026 | 1:54 PM IST

M&M auto sales rise 25% in December, SUVs and LCVs hit record highs

Mahindra & Mahindra Ltd on Thursday reported a 25 per cent year-on-year growth in automobile sales at 86,090 units, including exports, in December 2025. Domestic passenger vehicle sales were up 23 per cent at 50,946 units in December 2025, as compared to 41,424 units in the same month of 2024, Mahindra & Mahindra (M&M) said in a regulatory filing. Sales of commercial vehicles in the domestic market stood at 24,786, a growth of 34 per cent year-on-year, it added. "The calendar year 2025 ended on a positive note, with Mahindra clocking its highest-ever volumes in both SUVs and LCVs (over 3.5T) segments, a significant milestone for the company," M&M CEO, Automotive Division, Nalinikanth Gollagunta said. In the farm equipment business, M&M said its total tractor sales during December 2025 were at 31,859 units, as against 22,943 units for the same period in 2024. Domestic tractor sales were at 30,210 units last month, as against 22,019 units in December 2024, reflecting

Updated On: 01 Jan 2026 | 11:31 AM IST

Sensex to end higher for 10th straight CY; decade's biggest winners emerge

Over the last ten calendar years (2016-2025), the Sensex has delivered annual returns consistently, albeit uneven. The strongest year of the decade was 2017, when the index surged 27.9 per cent.

Updated On: 31 Dec 2025 | 10:14 AM IST

Auto stocks in demand: Maruti hits new high; Hero Moto, Ashok Leyland up 2%

Thus far in the calendar year 2025, the BSE Auto index has rallied 18 per cent, as against 8 per cent rise in the BSE Sensex.

Updated On: 30 Dec 2025 | 12:24 PM IST

Motilal Oswal favours Maruti, M&M, TVS Motor as auto sector momentum holds

Entry-level vehicles across 2Ws and PVs are seeing a notable pickup in demand, while discounts are expected to gradually reduce, reflecting normalisation in market dynamics.

Updated On: 22 Dec 2025 | 1:19 PM IST

Stocks to watch, December 9: L&T, Physicswallah, ICICI Bank, IndiGo, M&M

Stocks to watch on December 9, 2025: TCC Concept, VTM, Bajaj Finserv and Welspun Corp are other key stocks on investors' radar today.

Updated On: 09 Dec 2025 | 8:01 AM IST

Mahindra looks to bolster play in core SUV, electric vehicle segments

Mahindra & Mahindra plans to stick to its strategy of offering premium and differentiated vehicles, comprising internal combustion engine-powered SUVs and electric vehicles, in order to further strengthen its presence in the domestic passenger vehicle segment, according to a top company executive. The Mumbai-based auto major has no immediate plans to introduce CNG and other alternate fuel technologies in its product range as it wants to stick to its core brand identity and cater to a customer base which seeks differentiated products. "Our focus has been ICE and electric, and we are fairly growing in these areas. In our personal vehicle portfolio, the customers want to have differentiated products; they do not want to be in the mass market," Mahindra & Mahindra President - Automotive Business R Velusamy told PTI in an interaction. He noted that the company remains firmly focussed on the SUV segments with plans to drive in multiple models over the next four years. The automaker,

Updated On: 30 Nov 2025 | 11:40 AM IST

Nomura maintains 'Buy' on M&M, identifies the automaker as its top OEM pick

M&M, Nomura believes, is well-positioned to take electric vehicles (EVs) mainstream in the 7-seater segment

Updated On: 28 Nov 2025 | 9:41 AM IST

Mahindra launches XEV 9S electric SUV at a starting price of ₹20 lakh

BENGALURU (Reuters) -Indian automaker Mahindra & Mahindra launched a seven-seater electric SUV XEV 9S on Thursday with a starting price of around 2 million rupees ($22,409.97), pushing into a segment dominated by Tata Motors Passenger Vehicles.

Updated On: 27 Nov 2025 | 5:10 PM IST

Auto shares in fast lane; TVS, Maruti Suzuki, Ashok Leyland gain up to 2%

Thus far in the month of November, the Nifty Auto index has outperformed the market by gaining 3.3 per cent, as against 1.5 per cent rise in the Nifty 50.

Updated On: 26 Nov 2025 | 2:02 PM IST

M&M 'firing on all cylinders' as analysts project strong multi-year growth

EVs remain central to the company's long-term roadmap, with M&M aiming for 20-30 per cent EV contribution by FY30, compared to 8 per cent currently.

Updated On: 21 Nov 2025 | 8:51 AM IST

M&M, Manulife to form life insurance JV with ₹7,200 crore investment

Each partner commits to invest Rs 1,250 cr in the first five years of new venture

Updated On: 13 Nov 2025 | 11:33 PM IST

Mahindra, Manulife to set up 50:50 JV for life insurance in India

The JV aims to offer long-term savings and protection solutions tailored to the diverse and growing needs of India's population, in line with India's 'insurance for all' vision by 2047

Updated On: 13 Nov 2025 | 9:18 AM IST

TaMo CV lists today. How to trade commercial vehicle makers' stocks?

Technical charts suggest that commercial vehicles stocks such as Mahindra & Mahindra, Ashok Leyland, Escorts Kubota, Force Motors and VST Tillers are favourably placed and can rally up to 16%.

Updated On: 12 Nov 2025 | 10:13 AM IST

M&M, Ashok Leyland hit record highs; zoom up to 58% from April lows

The management of Ashok Leyland expects demand to improve post-monsoon, led by strong traction in heavy-duty trucks for mining, construction, and logistics.

Updated On: 11 Nov 2025 | 2:49 PM IST