Page 11 - M&m

Auto shares: Tepid Nov sales may put M&M, Maruti, TaMo in accumulation mode

Stocks bearing breakout on moving averages, price strength and technical indicators are ready to see steady upside of up to 9 per cent

Sensex dips 80pts, Nifty holds 18K; Nykaa ends 96% higher over issue price

Debutant Nykaa almost doubled from its issue price of Rs 1,125 at the day's high of Rs 2,248, and finally ended with a 96 per cent premium over its issue price

M&M Q2 standalone net surges over 8-fold to Rs 1,432 cr; revenue rises 15%

Homegrown auto major Mahindra & Mahindra (M&M) on Tuesday reported an over eight-fold increase in its standalone profit after tax (PAT) at Rs 1,432 crore for the second quarter ended September 30, 2021, riding on the back of robust sales. The Mumbai-based company had posted a standalone PAT of Rs 162 crore in the July-September period of previous fiscal. Revenue for the second quarter rose by 15 per cent to Rs 13,305 crore as against Rs 11,590 crore in the year-ago period, M&M said in a regulatory filing. The company said it sold 99,334 vehicles during the period under review, up 9 per cent from 91,536 units in the second quarter of last fiscal. M&M tractor sales however declined by 5 per cent to 88,920 units in the second quarter as against 93,246 units in the year-ago period. On a consolidated basis, the Mahindra Group reported a PAT of Rs 1,929 crore as compared with Rs 615 crore in the Q2 of 2020-21. Revenue rose to Rs 21,470 crore in the second quarter as ...

BSE, M&M flash bullish signals on tech charts; stay long: Osho Krishan

On the daily time frame, the stock of BSE is on the verge of providing an 'Inverted Head & Shoulder' pattern breakout affirming the bullishness

After Maruti, Mahindra warns of 20-25% production loss due to chip shortage

Most other auto firms in India including Tata Motors, Hyundai Motors, Kia Motors, Nissan, Renault and Honda Cars have either already curbed production or will do so soon

Investors richer by Rs 4 trn as Sensex zooms 765 pts, ends near 56,900

Investor wealth rose by Rs 3.6 trillion on the BSE today, taking m-cap of all listed BSE companies to Rs 247.34 trillion

Stocks to watch: Airtel, RIL, M&M, Nazara Tech, IDBI Bank, Burger King

Amit Banerjee took over as Chairman and Managing Director of BEML on Friday

Mahindra to have fewer brands, more extensions in its comeback trail

The XUV700, its latest SUV offering that broke cover on Saturday, is the first model that marks the shift in the strategy

Trading strategies for M&M, Info Edge and Tata Motors by Ajit Mishra

Tata Motors has formed a fresh shorting pivot and is likely to resume the corrective phase.

Mahindra & Mahindra unveils brand new logo for SUV Portfolio

The new XUV700 will be the first vehicle to wear the Twin Peaks logo, followed by other SUV products in a phased manner

Auto major M&M unveils new visual identity ahead of SUV, XUV700 launch

Home-grown auto major Mahindra and Mahindra on Monday unveiled a new visual identity, including a brand-new logo, exclusively for its SUV portfolio, ahead of the launch of its much awaited SUV, XUV700

M&M eyes pole position in the 'core SUV' segment in three years

As part of a plan to make a strong comeback in a segment it ruled till recently, M&M plans to launch nine models by 2025-26

Stocks to watch: M&M, Glenmark Life Sciences, Cipla, Adani Power, Tata Chem

Stocks from the banking, real estate and auto sectors will be in focus amid the RBI policy outcome later today

Two auto stocks that Vaishali Parekh believes can be good bets

Parekh suggests buying and accumulating M&M stock for an upside target of Rs 820-850, keeping the stop loss of Rs 710

Stocks to watch: M&M, PNB, Bharat Forge, Lupin, rate sensitive stocks

ABB Power Products on Thursday said it has resumed operations at its manufacturing facility in Bengaluru from May 28

After a washed-out May, can auto sales rebound anytime soon?

Analysts expect the 'pent-up demand' story to play out from the second quarter of the financial year 2021-22 (Q2FY22) as states unlock

Stocks to watch: HDFC Bank, M&M, BoB, Affle (India), Aurobindo Pharma, PNB

Bank of Baroda (BoB) reported a standalone net loss of Rs 1,047 crore in the quarter ended March 2021, as it shifted to a new tax regime

M&M Q4 results: Impairment charge shrinks net profit to Rs 162 crore

Revenues beat estimates, company chalks out a Rs 17K crore plan to aid growth

Top headlines: Canara Bank to raise Rs 9,000 cr; M&M posts profit in Q4

Nadda accuses Mamata Banerjee of 'murder' of constitutional ethos, Covaxin manufacturing to vaccination takes 4 months, says Bharat Biotech, and other top news of the day

India's Mahindra sees demand rebound but chip crunch, pandemic hurt

BENGALURU (Reuters) -Indian automaker Mahindra and Mahindra said on Friday it expected a demand rebound as India emerges from lockdowns to curb a severe second wave of the COVID-19 pandemic, but the company would remain under pressure from a global chip shortage.