HSBC had earlier upgraded Indian equities to "Neutral" from "Underweight" and raised its 2026-end target for the BSE Sensex index to 84,000 levels.
Revenue rises 77% YoY; PBIT margin improves 860 bps as XEV 9S drives volumes, EV penetration
Mahindra & Mahindra Ltd on Saturday reported a 26 per cent rise in total auto sales at 1,03,860 units in July 2026. Utility vehicle sales in the domestic market stood at 60,048 units last month as against 49,871 units in July 2025, registering a growth of 20 per cent. Domestic sales for commercial vehicles stood at 25,204, a growth of 23 per cent, it added. Total exports in July stood at 4,070 units as against 2,774 units in the same month last year, up 47 per cent, the company said. The overall growth reflects all-round demand traction across the portfolio, M&M Ltd CEO, Automotive Division, Nalinikanth Gollagunta, said.
Brokerages remain positive on Mahindra & Mahindra as robust SUV demand, market share gains and capacity expansion offset near-term pressure on operating margins
Auto and farm profits rise 18%; services PAT jumps 80% on improved performance at MMFSL and Tech Mahindra
Mahindra Group chairman says prolonged global uncertainty offers prepared companies an edge, with India poised to emerge as a multi-aligned 'connector economy'
Automotive revenue rose 32.3 per cent and farm equipment revenue grew 14.8 per cent, while a ₹641 crore associate-investment sale gain supported consolidated profit growth
Board approves Rs 525 crore acquisition of Mahindra Truck and Bus Division, bringing all commercial vehicle operations above 3.5 tonnes under one listed entity
M&M, which manufactures SUVs and modern electric vehicles like the Scorpio-N, XUV700, and Thar, will post its Q1 FY27 results on Thursday, July 30.
Dividend stocks: Among the announcements, Swaraj Engines has declared the highest final dividend of ₹110 per share, with July 3, 2026, as the ex-dividend date
Amol Athawale of Kotak Securities believes Chambal Fertilisers and M&M are favourably placed, while Coromandel looks weak on charts. The analyst flags key levels for these 3 monsoon-related stocks.
M&M Q4 results analysis: Brokerages stay bullish on M&M amid strong SUV growth and earnings outlook. They see up to 43 per cent upside in M&M share price despite margin pressure, tractor sales' risks
Mahindra & Mahindra reports a 42% rise in Q4 PAT to Rs 4,668 crore, driven by strong performance in auto, farm and services businesses, alongside steady growth in EVs
Mahindra & Mahindra Ltd on Tuesday reported a 48.5 per cent jump in consolidated profit after tax at Rs 5,259.91 crore for the fourth quarter ended March 31, 2026, primarily driven by its auto and farm sectors. The company had posted a consolidated profit after tax (PAT) of Rs 3,541.85 crore in the corresponding period of the previous fiscal year, Mahindra & Mahindra Ltd (M&M) said in a regulatory filing. Consolidated revenue from operations in the fourth quarter stood at Rs 54,891.55 crore, as against Rs 42,585.67 crore in the year-ago period, it added. Total expenses in the quarter under review were higher at Rs 49,615.48 crore, as compared to Rs 39,113.61 crore in the corresponding period of the previous financial year, the company said. For FY26, consolidated PAT was at Rs 18,621.71 crore as compared to Rs 14,073.17 crore in FY25, up 32.32 per cent. Consolidated revenue from operations in FY26 stood at Rs 1,97,792.78 crore as against Rs 1,58,749.75 crore in FY25, the ..
Q4FY26 company results: Firms including Ajanta Pharma, Emcure Pharmaceuticals, SRF, United Breweries, Shoppers Stop and Raymond are also to release their January-March earnings today
Stocks to Watch today, May 5, 2026: Marico, SRF, United Breweries, Poonawalla Fincorp, Ather Energy, and Punjab National Bank are among the top stocks to watch during today's trading session
Mahindra & Mahindra Ltd on Friday reported a 14 per cent year-on-year growth in total vehicle sales at 94,627 units in April. Domestic passenger vehicle sales last month stood at 56,331 units as against 52,330 units in April 2025, up 8 per cent, Mahindra & Mahindra (M&M) said in a regulatory filing. Commercial vehicle sales in the domestic market stood at 23,427 units last month, it added. M&M CEO, Automotive Division, Nalinikanth Gollagunta said the company has started the new fiscal year 2026-27 "on a positive note in April". The company further said its total tractor sales were up 21 per cent at 48,411 units last month, as against 40,054 units in April 2025. Domestic tractor sales in April 2026 were at 46,404 units, as against 38,516 units in the same month last year, a growth of 20 per cent. "This strong performance was delivered despite the absence of Chaitra Navratri in April this year, unlike last year when April included seven Navratri days," M&M President,
The index climbed as much as 2.69 per cent to hit an intraday high of 26,484, with buying fuelled by favourable management commentary from the country's largest carmaker, Maruti Suzuki India
M&M and Waaree Energies shares show strong bullish technical setups. Osho Krishan of Angel One recommend 'Buy' with defined stop losses and target prices.
Brokerage analysis suggests that auto pack delivered a strong performance in March 2026; however, they flagged demand risks going ahead