Mahindra & Mahindra

Mahindra eyes over 50% share in small pickups in FY27, bets on Veero

Mahindra & Mahindra is targeting more than 50 per cent market share in the small pickup segment in the current fiscal year, with the expanded Veero range expected to help the automaker gain further momentum, a senior company executive said on Tuesday. The company, which currently commands a 46 per cent share in the small pickup segment year-to-date through July, expects the addition of the 1.1-tonne CNG Veero to help it cross the 50 per cent mark in FY27. Its market share in the segment stood at 49.1 per cent in FY26, Velusamy R, President, Automotive Business, Mahindra & Mahindra, told PTI in an interview. "In the small pickup segment in FY26, we were at 49.1 per cent, while in FY27 we are at 46 per cent. In the short term, Veero is expected to help Mahindra gain momentum and cross 50 per cent market share in FY27 once we launch this 1.1-tonne CNG," Veluswamy shared. Mahindra on Tuesday expanded the Veero range with the launch of the 1.1-tonne XXL CNG variant and upgraded its

M&M tractor sales rise 5% to 27,595 units in August on better rainfall

Mahindra & Mahindra on Tuesday said its farm equipment business registered domestic tractor sales of 27,595 units in August, achieving a 5 per cent year-on-year growth. The company had sold 26,201 units in August 2025. The total tractor sales, including domestic and exports during August 2026, were at 29,507 units, as against 28,117 units for the same period last year. Exports for the month stood at 1,912 units. Veejay Nakra, President - Farm Equipment Business, Mahindra & Mahindra Ltd said, "We sold 27,595 tractors in the domestic market during August 2026, a growth of 5 per cent over last year. Steady improvement in rainfall has helped near-normal Kharif sowing". Besides, he said, continued support of various government schemes and the upcoming festive season should bolster rural sentiment. Moreover, Mahindra & Mahindra's trucks and buses business sold 2,495 vehicles in August 2026, registering a growth of 47 per cent year-on-year. Mahindra's trucks & buses business .

M&M vehicle sales jump 42% to 108K units in August on high SUV demand

Mahindra & Mahindra Ltd on Tuesday reported a 42 per cent jump in total vehicle sales to 1,07,648 units in August compared with the same month last year, driven by SUV sales, which grew 50 per cent year-on-year in the domestic market. The overall auto sales for August 2026 stood at 1,07,648 vehicles, a growth of 42 per cent, including exports, the company said in a statement. In the Utility Vehicles segment, the company said it sold 59,257 vehicles in the domestic market, registering a growth of 50 per cent year-on-year. Overall, it sold 61,167 utility vehicles, including exports. It said domestic sales of commercial vehicles stood at 27,415 units, registering a year-on-year growth of 22 per cent. "Demand continues to remain strong across our portfolio, with the updated Scorpio-N and BE 6 SPORTEQ receiving strong market response from customers. We look forward to building on this momentum during the festive season," the company said.

Mahindra & Mahindra to intensify exports with new pickup 'Lifestyler'

Homegrown auto major Mahindra & Mahindra is gearing up to intensify exports with its newly unveiled pickup targeting markets like South Africa, Australia, the Middle East, and Latin America, according to company ED & CEO, Auto & Farm Sectors, Rajesh Jejurikar. The company, which has witnessed a multi-fold increase in its electric passenger vehicles sales last fiscal, is also confident of maintaining the growth trajectory with new products hitting the market, Jejurikar told PTI. Recently, the company unveiled its pickup 'Mahindra Scorpio Lifestyler' which will hit the market in India in April 2027 and it will be launched as the 'Mahindra Lifestyler' in global markets. "The Lifestyler pickup was developed as a global platform for access for mainly leveraging a global opportunity...It is an important part of our global growth strategy. We have been outlining that the 'Lifestyler' will be an important part of our global growth strategy," he said. Sharing which global markets ..

Jio Fin, M&M, Shriram Finance: Mirae Asset Sharekhan analyst decodes charts

Muthuselvaraj M, technical research analyst at Mirae Asset Sharekhan says Mahindra & Mahindra, Jio Financial Services and Shriram Finance stocks look favourably placed on the technical charts.

Britannia, HUL, M&M: UBS picks stocks to play the rural recovery theme

Shriram Finance (up 28 per cent), Eicher Motors (up 22 per cent), Cholamandalam Financial Holdings (up 19 per cent) and M&M (up 19 per cent) have outperformed Nifty 50 this far in FY27, data shows.

M&M eSUV biz shifts gear from ₹101 cr loss to ₹288 cr profit in a year

Revenue rises 77% YoY; PBIT margin improves 860 bps as XEV 9S drives volumes, EV penetration

M&M's July auto sales rise 26% to nearly 104K units; tractor sales up 20%

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.

How reforms revved up India's auto industry over the past 35 years

The reforms of 1991 not only enhanced car buyers' choices but also helped put Indian manufacturing on the global map

Auto segment to power Mahindra & Mahindra's gains in the near term

Brokerages remain positive on Mahindra & Mahindra as robust SUV demand, market share gains and capacity expansion offset near-term pressure on operating margins

M&M gains 5% after Q1; analysts remain bullish, see over 20% upside

M&M today reported a 33.6 per cent year-on-year growth in consolidated net profit at ₹5,454.54 crore for the quarter ended June 30, 2026.

M&M Q1 PAT rises 34% to ₹5,455 crore; revenue grows 28% to ₹58,188 cr

Auto and farm profits rise 18%; services PAT jumps 80% on improved performance at MMFSL and Tech Mahindra

Mahindra & Mahindra stock gains 4% from day's low post Q1 results

Mahindra & Mahindra on Thursday reported 33.6% YoY growth in consolidated net profit, backed by 26.6% increase in revenue from operations for Q1FY27.

Mahindra & Mahindra Q1 profit rises 33.6% to ₹5,455 crore; revenue up 26.6%

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

SML Mahindra zooms 41% in 2 days, hits new high; what's driving auto stock?

SML Mahindra's board on Wednesday approved the acquisition of the Mahindra Truck and Bus Division from parent Mahindra & Mahindra.

SML Mahindra eyes new heavy trucks after M&M transfers CV business

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

SML Mahindra zooms 20% on acquisition of Mahindra Truck & Bus Division

SML Mahindra has a strong heritage and pan-India presence in the trucks & buses segment. The company has a market capitalisation of more than ₹6,600 crore.

Mahindra's Chakan plant crosses 3 million vehicle production milestone

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

El Niño, weak monsoon cloud tractor, two-wheeler sales; analysts weigh risk

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.

Landmark Cars zooms 35% in 2 days; what's driving auto dealer stock?

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.