Passenger vehicles continued to outperform, posting an 11 per cent year-on-year (Y-o-Y) rise in wholesales among leading players.
Most brokerages anticipate healthy operating performance, with revenues rising between 17 per cent and 25 per cent Y-o-Y and profits improving modestly.
Mahindra Group on Saturday named its seven-seater electric SUV as XEV 9S. Built on Mahindra's advanced purpose-built INGLO platform, the latest electric SUV from the home-grown automobile major is set for world premier at the 'Scream Electric' event in Bengaluru on November 27, which also will mark one year of Mahindra's all-electric journey and its growing INGLO portfolio, the company said. "Mahindra has officially unveiled the name of its next all-electric SUV-XEV 9S designed to bring together power, presence, and pure electric performance, the XEV 9S marks a new chapter in Mahindra's all-electric evolution," it said in a statement.
Mahindra & Mahindra Ltd on Saturday reported a 26 per cent growth in its overall auto sales at 1,20,142 units in October this year. Domestic passenger vehicle sales grew by 31 per cent to 71,624 units in October as compared to 54,504 units in the same month last year, Mahindra & Mahindra Ltd (M&M) said in a regulatory filing. Commercial vehicle sales in the domestic market stood at 31,741 units, registering a growth of 14 per cent, it added. "In October, we achieved SUV sales of 71,624 units, a growth of 31 per cent, which is the highest SUV sales we have clocked ever in a month," M&M CEO, Automotive Division, Nalinikanth Gollagunta said. On the farm equipment business front, M&M said total tractor sales in October were at 73,660 units, as against 65,453 units for the same period last year, up 13 per cent. Domestic tractor sales were at 72,071 units, as against 64,326 units in October 2024, up 12 per cent, it added. Exports for the month stood at 1,589 units, ...
Mahindra & Mahindra and Samsung have collaborated to develop digital keys for electric SUVs, integrated with Samsung Wallet, thereby eliminating the need for physical keys, a senior official of the Korean electronics giant said on Wednesday. Samsung India, senior director for services and apps business, Madhur Chaturvedi said Mahindra is the first Indian automobile firm to have taken the initiative, while Samsung Wallet supports the digital keys feature of foreign companies like BMW, BYD, and Mercedes-Benz in India. The service will be available for Samsung Wallet users on Galaxy Z and S series devices. Mahindra became the first Indian automobile company to collaborate with Samsung for digital keys. "We are very delighted that Mahindra is the first Indian auto OEM brand where we are integrating the digital car key feature with Samsung Wallet. Also, we have support for digital home keys with brands like Yale, as well as Samsung's own lock solution that's available in multiple ...
HDFC Bank (HDFCB) reported a steady Q2FY26, with profit rising 11 per cent Y-o-Y to ₹186.4 billion, aided by healthy NII of ₹315.5 billion and strong treasury gains of ₹23.9 billion
Tariff uncertainty, analysts believe, continues to cloud the outlook for auto ancillaries, affecting CV components and non-auto exports.
Technical charts suggest that auto stocks can potentially rally up to 17% from here, with the likes of Hyundai India and Tata Motors leading the way. Here are the key levels to watch out for.
Leading the list is GNG Electronics (Target: ₹482 | Upside: 52%), named by Nirmal Bang, which expects robust growth as the company benefits from the govt's 'Make in India' thrust on electronics mfg.
At 10:19 AM; BSE Auto index and Nifty Auto index, the top gainers among sectoral indices, were up 1.3 per cent each, as compared to 0.5 per cent rise in the BSE Sensex and Nifty 50.
Stocks to Watch today, October 10, 2025: From TCS, Tata Elxsi to NTPC Green Energy, here is a list of stocks that will be in focus
Mahindra & Mahindra denied reports of a possible demerger, stating that it has no plans to separate its auto and tractor divisions
Ambit analysts see HDFC Bank benefiting from accelerating credit growth, normalisation in cost of funds, and focus on high-yield segments like MSME, gold, and unsecured retail loans.
Mahindra & Mahindra expands Bolero production under the NU iQ platform and reduces prices across variants, bringing the entire SUV range below ₹10 lakh
Turbulent times offer India a chance to pursue technological self-reliance and achieve global leadership in manufacturing, Mahindra Group Chairman Anand Mahindra said on Thursday, commemorating the conglomerate's 80th anniversary. Founded in 1945, the Mahindra Group is one of the largest and most admired multinational federations of companies with over 3,24,000 employees in over 100 countries. Eighty years ago, the Mahindra Group was born with a crystal-clear purpose to help build our nascent nation," the chairman said. The company's founders pledged to develop industry, create livelihoods, and enable communities to rise from the violent throes of the struggle for independence into a brighter future, he noted. "Today, we once again are in turbulent times, and we have the opportunity to renew that pledge to strive together to propel India towards technological self-reliance and global respect," Mahindra said on the 80th Founders Day. The current geopolitical and economic landscape
Maruti, Tata, Mahindra log record growth as Navratri demand lifts car sales; logistics bottlenecks emerge amid surge
Boosted by GST 2.0 cuts and festive demand, Mahindra overtook Hyundai in September PV wholesale, however, Hyundai's Creta set a new record with 18,861 units, its best-ever monthly sales
RBI Policy Impact: At 10:34 AM; Nifty Auto, Nifty Realty, Nifty Financial Services and Nifty Bank indices were up nearly 1 per cent, as compared to 0.3 per cent rise in the Nifty 50.
Stocks to Watch today, September 30, 2025: From IRFC, Tata Steel to Mahindra & Mahindra, here is a list of stocks that will be in focus
Mahindra & Mahindra will divest its Finnish arm Sampo Rosenlew Oy, maker of combine harvesters and forestry machines, to TERA for Rs 52 crore under a share purchase agreement