Page 3 - M&m

M&M Q3 results: Profit climbs 20% to Rs 3,181 cr, driven by SUV demand

M&M Q3 FY25 results: Revenue up 18% to Rs 41,464.98 crore, led by demand for SUVs and tractors

Q3 results today: LIC, M&M, and Mazagon Dock to post earnings on Feb 7

Q3FY25 company results, February 7: Edelweiss Financial, Delhivery, Sun TV, Ola Electric Mobility, and Dreamfolks Services will be among 234 companies releasing report for the Oct-Dec quarter

Markets Today: RBI MPC outcome; FIIs; M&M, ITC Q3; Chamunda IPO allotment

The Reserve Bank of India may cut the benchmark repo rate by 25 basis points to 6.25 per cent later in the day

M&M Q3 Preview: Profit may zoom up to 22% YoY to Rs 2,981 cr; Ebitda 39%

M&M is expected to report strong performance for Q3FY25, driven by solid growth across its automotive and tractor segments

M&M rallies 9% in 3 days on healthy outlook; market cap crosses Rs 4 trn

Backed by the positive farm sector sentiment and better terms of trade, the tractor segment is expected to report healthy volume prints, according to analysts

Mahindra Finance Q3FY25 results: Net profit increases 63% to Rs 899 cr

Mahindra & Mahindra Financial Services on Tuesday reported a 63 per cent year-on-year increase in standalone profit after tax to Rs 899 crore in the third quarter of the current fiscal. Its profit was Rs 553 crore in the October-December quarter of 2023-24. Mahindra Finance's total income was Rs 4,144 crore during the December 2024 quarter, up 19 per cent year-on-year, according to a statement. The company said it leveraged the buoyancy of the festive season demand in Q3 with disbursements of Rs 16,467 crore reflecting a year-on-year growth of 7 per cent. The disbursement for the first nine months stands at approximately Rs 42,370 crore, which is 4 per cent over the previous year. The gross assets under management increased by 19 per cent compared to the previous year, reaching Rs 1,15,126 crore. "The collection efficiency remained stable at 95 per cent, consistent with the same quarter of the previous year. With a continued focus on maintaining underwriting standards and ...

Will Bharat Mobility Expo 2025 rev up auto stocks? Analysts don't think so

Bharat Mobility Expo 2025, Auto Expo 2025: Analysts believe the automobile vehicle demand has been impacted by higher inflation and interest rates

Lessons learned from the pandemic: M&M chip-ready for BE 6, XEV 9e EVs

Starting with 5000 pm sales and annual 90k capacity, M&M says it can expand it by adding shifts

M&M aims to sell 5,000 units of new electric vehicle models per month

Pricing the new variants aggressively at Rs 26.9 lakh (BE6) and Rs 30.5 lakh (XEV 9e), the company compared them with global EVs such as Tesla, BMW, and others

Govt clears PLI incentive of Rs 246 cr sought by M&M, Tata Motors

According to sources, Tata Motors submitted an incentive claim of approximately Rs 142.13 crore based on determined sales in FY 2023-24

Ruchit Jain of Motilal Oswal recommends buying M&M, BEL stocks today

Stocks to Buy Today: M&M stock has shown a relative outperformance to other auto stocks in the recent past and is now on the verge of a breakout from the consolidation phase

Religare Broking's Ajit Mishra says buy these pharma, QSR and auto stocks

Nifty Today, Stocks to Buy Today: The Nifty50 index has now entered its second week of consolidation, and current indicators suggest that this trend is likely to persist

Mahindra hits new highs: 77% share surge, leads NIFTY50 on CAGR front

Mahindra & Mahindra achieved a 77% share price surge, leading the NIFTY50 with the highest CAGR since 2002. The company also prioritised sustainability and launched two premium electric SUVs in 2024

M&M, TVS & Uno Minda among top picks by Nuvama ahead of December auto sales

Nuvama analysts said December is expected to bring encouraging results for the industry. PVs are predicted to achieve double-digit growth, propelled by strong performances from M&M, Maruti & Toyota

M&M gains 2% after clarifying reports on imposition of penalty untrue

The company cited the article under the header "Hyundai, Mahindra, 6 others likely to face emission penalties of Rs 7,300 crore."

Mahindra & Mahindra unit launches two new electric SUVs; share rises 3%

The uptick in the M&M share price came after the company announced that its subsidiary, Mahindra Electric Automobile Limited (MEAL), has launched two new electric Sports Utility Vehicles (SUVs)

Record SUV sales in October pushes M&M shares 5% higher on Nov 4; details

The rise in M&M share price came after the company saw record monthly SUV sales in October, which rose 25 per cent year-on-year (Y-o-Y) to 54,504 units, from 43,708 units in October 2023

Stock market crash, M&M Thar ROXX, SC on Isha Foundation

Sensex and Nifty ended in the red, with investors losing Rs 9.7 trillion in BSE market capitalisation. The government launched an internship programme offering Rs 60,000 per annum to 1 crore youth ov

Nifty Auto skids 3% as Sept passenger vehicle sales slow, CV sales fall

Nifty Auto index declined 2.7 per cent in trade today amid a slowdown in PV sales and fall in CV sales

Mahindra & Mahindra and Skoda Volkswagen to sign joint venture soon

The JV will include sharing of costs, technologies, and vehicle platforms but will not include sedans, SUVs, and premium brands like Audi, Porsche, and Lamborghini sold by Volkswagen and Skoda