Automaker to invest ₹196 crore in expanding Mahindra Research Valley in Chennai, adding advanced R&D and testing facilities and creating 2,000 jobs this year
Mahindra & Mahindra on Thursday said it will invest around Rs 196 crore to expand its Chennai-based research and development facility. The Mumbai-based auto major said it is committing the investment which is aimed at augmenting Mahindra Research Valley's (MRV) capabilities to support advanced vehicle design, product engineering and future technology developments. "This marks a significant step in its allegiance towards enhancing R&D and focusing on Make In India. The commitment of fresh investments at the facility will strengthen the company's engineering and testing capabilities in the region and it will reinforce Chennai's role as a strategic hub for research and innovation," the automaker said in a statement. The facility will be up and running within this calendar year, it added. The Advanced Research & Development Centre and new testing infrastructure are expected to provide enhanced capabilities for next-generation platforms across multiple vehicle segments, it ...
The selling pressure on the counter came after brokerages remained cautiously optimistic on M&M post its Q3FY26 numbers released on Tuesday, during market hours
Mahindra & Mahindra reports 47 per cent rise in Q3FY26 net profit to Rs 4,675 crore on record revenue; gains market share in SUVs and LCVs, tractor share steady
Mahindra & Mahindra Ltd on Wednesday reported a 38.54 jump in consolidated profit after tax at Rs 5,021.47 crore for the third quarter ended December 31, 2025 propelled mainly by strong performance of the auto and farm sector. The company had posted a profit after tax (PAT) of Rs 3,624.48 crore a year ago, Mahindra & Mahindra Ltd (M&M) said in a regulatory filing. Consolidated revenue from operations in the third quarter stood at Rs 51,579.95 crore as compared to Rs 41,464.98 crore in the year-ago period, it added. This is the first time M&M has crossed Rs 50,000 crore revenue on a consolidated basis. Total expenses in the quarter under review were higher at Rs 41,464.98 crore as compared to Rs 37,096.65 crore in the same period a year ago, the company said. In the quarter the group incurred an exceptional outgo of Rs 292.94 crore on account of the new Labour Codes, the filing said. Auto segment posted quarterly volume of 3.02 lakh units, up 23 per cent from the same ..
At 10:51 AM; the BSE Auto index was the top gainer among sectoral indices, up 2 per cent, as compared to 0.07 per cent rise in the BSE Sensex.
Nomura said the combination of lower duties and a weaker Indian rupee increases global competitiveness for auto suppliers such as Bharat Forge, Sansera, Sonacoms, Belrise Industries, and Motherson
According to Axis Securities, the moderation in reciprocal tariffs to 18 per cent represents a meaningful tailwind for Indian automobile exporters, particularly auto component manufacturers
Shrikant Chouhan of Kotak Securities recommends Mahindra & Mahindra and Delhivery as stocks to buy today. Check CMP, targets, support-resistance levels, and key growth triggers
According to MOFSL, the demand for vehicles has picked up across segments, buoyed by GST rationalisation, and remains strong even post the festive season
A technical scan on Nifty 500 stocks reveals that 6 shares were trading in overbought territory based on the RSI parameter, while 66 languished in the oversold zone a day ahead of the Union Budget.
The stock price of Maruti Suzuki India was quoting lower for the seventh straight trading session, falling 12 per cent during the same period.
India-EU FTA may lift export potential for Indian automakers with limited import risk, analysts say
The trade deal, which is being called the 'mother of all deals', will strengthen economic and political ties between the world's second and fourth largest economies
Auto stocks in focus: ICICI Securities see limited impact of likely lower EU import tariffs on Indian Auto OEM space which is steadily progressing to clock ~45 lakh units' sales volume in FY26E.
Mahindra's newly launched XEV 9S and XUV 7XO SUVs drew strong initial demand, with nearly 94,000 bookings on the first day, translating into orders worth over Rs 20,500 crore
Motilal Oswal expects M&M to deliver a 14 per cent underlying volume (UV) compound annual growth rate (CAGR) over FY25-FY28E.
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 .
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
In the past one week, the Nifty Auto index has outperformed the market by surging 5.4 per cent, as against 1.7 per cent gain in the Nifty 50.