The BE 6 electric SUV marked the milestone as Mahindra's Chakan plant produced its latest one million vehicles in 27 months, compared with 107 months for the first million
Analysts said the impact of a weak monsoon would depend more on the distribution of rainfall across key agricultural regions rather than the overall national rainfall figure.
The average trading volumes at the Landmark Cars counter jumped over 10-fold, with a combined 5.6 million equity shares changing hands on the NSE and BSE till 09:29 AM on Wednesday.
Mahindra Tractors, India's No. 1 tractor brand, on Monday announced the pan-India launch of its multi-purpose tractor YuvoTech+ 585 DI V1, and said it will launch seven new tractors and 12 new features, including products from Mahindra's New Tractor range and the Swaraj Protek this fiscal year. "We are launching the YuvoTech+ 585 DI V1 across India following its successful introduction in select markets. Built on our fast-growing YuvoTech platform, this tractor combines advanced technology with robust performance and practical features," Mahindra Tractors Chief Executive Officer Harsh Rai said. The tractor comes with an industry-leading six-year warranty and will be available across Mahindra dealerships nationwide, the company said.
While retaining HDFC Bank, Bernstein has added Axis Bank to its portfolio amid hopes of an improvement in asset quality and a more favourable trajectory for credit costs.
Mahindra & Mahindra (M&M) Ltd on Wednesday reported a 37 per cent increase in total sales, including exports, to 1,06,207 units in June, compared with 77,742 units in the same month last year. The company's domestic SUV sales rose 28 per cent year-on-year to 60,393 units during the month from 47,306 units in June 2025, M&M said in a statement. Commercial vehicle domestic sales stood at 26,076 units in June, registering a 35 per cent year-on-year growth, the statement added. Meanwhile, in a separate statement, the Farm Equipment Business (FEB) of the Mahindra Group reported total tractor sales of 59,935 units in June 2026, up 12 per cent from 53,392 units in the corresponding month last year. Within this, domestic sales logged 12 per cent growth year-on-year to 58,177 units from 51,769 tractors in June 2025, it said. "While it is early to assess the full impact of emerging El Nino conditions, strong government interventions like sustained fertiliser subsidies and targeted ..
Key trigger: Brent Crude prices have declined to $73/barrel, to almost its lowest since start of the US Iran war on February 28, 2026.
Govt waived the licence requirement for 77-81 GHz radar sensors, allowing faster deployment of automotive sensing tech without separate spectrum allocation approvals
Having tied up with a Chinese company to produce cars, can JSW snag another such deal to make lithium-ion batteries?
Expands focus beyond tractors into harvesters, seed drills and telematics-led services
Mahindra & Mahindra Ltd on Monday reported a 20 per cent year-on-year growth in total vehicle sales to 99,636 units in May, including exports. In the utility vehicle segment, the company sold 58,021 units in the domestic market, up 11 per cent from the year-ago period. Total UV sales, including exports, stood at 59,573 units. Domestic sales of commercial vehicles rose 19 per cent to 24,079 units, the company said in a regulatory filing. Nalinikanth Gollagunta, CEO, Automotive Division, M&M Ltd, said, "In May, we achieved SUV sales of 58,021 units, a growth of 11 per cent and total vehicle sales stood at 99,636, a 20 per cent YoY growth. The sustained demand across our portfolio continues, constrained by supply chain challenges due to manpower shortages at select suppliers.
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.
Among sectoral names, analysts continue to prefer Mahindra & Mahindra due to its diversified earnings profile
India's electric vehicle market recorded strong annual growth in April 2026, led by a sharp rise in passenger vehicle sales and broader consumer adoption
Mahindra & Mahindra is strengthening localisation, multi-sourcing and platform flexibility to counter geopolitical disruptions and secure growth in its auto business
Death Cross alert: Technical analyst at Choice Broking expects Nifty Auto and Bank Nifty to underperform in the near-term as shorter-term moving average has slipped below the long-term 200-DMA.
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
M&M dividend 2026: The board of M&M has recommended a final dividend of Rs 33 per share, with a face value of Rs 5 each for FY26 and set July 3 as the record date.
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 ..
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,