Page 8 - M&m
Sensex ends choppy day 108 pts up; Adani group stocks tumble, defence rally
CLOSING BELL: The S&P BSE Sensex is now just 265 points shy from its all-time 62,245 registered on October 19, 2021.
 "Sensex ends choppy day 108 pts up; Adani group stocks tumble, defence rally")
Union Agriculture Minister inaugurates M&M's Farm Machinery Plant in MP
Union Agriculture Minister Narendra Singh Tomar on Tuesday inaugurated the first greenfield farm machinery plant of Mahindra & Mahindra at Pithampur in Madhya Pradesh. According to an official statement, the minister said that the India has reached a point where the world looks at us with hopeful eyes. The minister emphasised on being fully equipped with technology for the country's development. Tomar said the mechanisation and technology are very much needed today. Tomar stressed on the need to increase production-productivity in order to meet the domestic requirement as well as other countries. The minister also spoke about the challenge of climate change. Tomar said the trend of testing quality has been increasing.
Strong SUV sales bump up M&M's Q2 net by 46% YoY to Rs 2,090 crore
Revenue during the period rose 57% to Rs 20,839 crore from Rs 13,314 crore
 "Strong SUV sales bump up M&M's Q2 net by 46% YoY to Rs 2,090 crore")
Mahindra & Mahindra posts Rs 2,089 crore Q2 PAT, revenue at Rs 20,839 cr
Automobile major Mahindra & Mahindra Ltd on Friday said it had closed Q2FY23 with a net profit of Rs 2,089.92 crore.
Sensex leaps 1,181 pts, Nifty holds 18350 amid global rally; HDFC duo up 6%
CLOSING BELL: Barring minor downtick in the Nifty Auto, FMCG, and PSU Bank indices, all other sectoral indices advanced on the bourses. The Nifty IT index led from the front with around 4% surge
 "Sensex leaps 1,181 pts, Nifty holds 18350 amid global rally; HDFC duo up 6%")
Stocks to watch: M&M, Eicher Motors, Zomato, Adani Green, Alkem Labs, JSPL
Stocks to watch today: LIC, M&M, Adani Power, Hindalco Industries will report the July-September (Q2FY23) quarter results on Friday, November 11
 "Stocks to watch: M&M, Eicher Motors, Zomato, Adani Green, Alkem Labs, JSPL")
F&O strategy: Bull Call Spread Strategy on M&M by HDFC Securities
The stock price of M&M has broken out on the daily chart where it closed at highest level since 22-Sept 2022
Analysts remain bullish on Tata Motors as company drives in Tiago EV
Analysts at Nomura expect the Tiago EV to sell 3,000 - 5,000 units per month, and its overall EV sales to touch 60,000/ 96,000 in FY23/24
 "Analysts remain bullish on Tata Motors as company drives in Tiago EV")
'Can't outsource recovery agents': RBI cracks the whip on M&M Financial
This is probably the first time the regulator has cracked down on lenders on recovery by coercive methods, which is typically a hallmark of outsourced recovery agents
 "'Can't outsource recovery agents': RBI cracks the whip on M&M Financial")
M&M in talks to raise up to $500 mn for EV push, says report
Mahindra is in early talks with global green funds and private equity firms, says a source with direct knowledge of the matter
M&M, Central Bank, Solara: Trading strategies for buzzing stocks of the day
These five stocks were are trading with strong gains on Wednesday despite the nervouss undertone in the broader market ahead of US Fed rate decision later tonight.
 "M&M, Central Bank, Solara: Trading strategies for buzzing stocks of the day")
Swaraj Engines surges 15% as M&M plans to buy additional 17.41% stake
With this, M&M's stake in SEL would increase from 34.72 per cent to 52.13 per cent
 "Swaraj Engines surges 15% as M&M plans to buy additional 17.41% stake")
Electric vehicle launch success key to further gains for M&M stock
SUV launches getting traction, weak rural demand a headwind for tractors
M&M looks to create a new segment in e-SUV market with XUV400
Mahindra will declare the pricing of the model closer to its launch in January
 "M&M looks to create a new segment in e-SUV market with XUV400")
M&M unveils its first electric sports utility vehicle 'XUV400' in India
The deliveries of XUV400 are scheduled to begin from the end of January next year
M&M gains 3% to touch new high; overtakes Tata Motors' market cap
In past three months, the market price of M&M has appreciated by 27 per cent, while Tata Motors recorded 2 per cent gain in its stock price.
Vinay Rajani of HDFC Securities is positive on M&M, Timken India; check why
M&M closed with a bullish engulfing pattern on the daily chart with a jump in volumes
 "Vinay Rajani of HDFC Securities is positive on M&M, Timken India; check why")
Stocks to Watch: LIC, ONGC, Max Health, Hero Moto, Zee Entertainment, M&M
State-owned insurance behemoth Life Insurance Corporation (LIC) reported a net profit of Rs 682.88 crore in the April-June quarter (Q1) of FY23, driven by its non-par business.
 "Stocks to Watch: LIC, ONGC, Max Health, Hero Moto, Zee Entertainment, M&M")
On 75th I-Day, M&M unveils e-mobility plan with five new electric SUVs
The brands will be manifested through five e-SUVs under XUV.e8, XUV.e9, BE.05, BE.07 and BE.09
 "On 75th I-Day, M&M unveils e-mobility plan with five new electric SUVs")
India at 75: These pre-independence companies thrived in independent India
These companies that operated under the constraints of British rule before 1947 helped India become self-sufficient in various sectors after independence
 "India at 75: These pre-independence companies thrived in independent India")
