Page 10 - Mahindra & Mahindra

Stocks to Watch, Jan 8, 2025: Tata Steel, Sobha, M&M, REC, SBI, RVNL, CESC

Stocks to Watch, Jan 8, 2025: From Tata Steel to Dr. Reddy's Labs, here is a list of stocks that will remain in focus today

Stocks to Watch, Jan 3, 2025: TaMo, M&M, Airtel, Avenue Supermarts, IOC

Stocks to Watch, Jan 3, 2025: From Avenue Supermarts to Tata Motors, here are few stocks that will be on investors' radar today

Eicher Motors to Maruti Suzuki: Auto stocks race on December sales boost

Eicher Motors said it has launched some category-defining motorcycles through the year and it is encouraging to see the response to its recently launched motorcycles both in India and int'l markets.

Tata Motors, M&M to get incentives worth Rs 246 crore under PLI scheme

The budgetary allocation for this scheme is Rs 25,938 crore

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

Looking forward with hope to achieve growth at scale: Mahindra CEO

Mahindra Group is looking forward to the new year with hope and confidence, driven by its aspiration to achieve growth at scale, according to its CEO & Managing Director Anish Shah . In his new year message to employees of the group, Shah said over the past year the group has accelerated its growth trajectory and its businesses are on an ambitious growth path and are firing on all cylinders. "We look ahead with hope and confidence, driven by our aspiration to achieve growth at scale. We will continue to lead with purpose, to set audacious goals and work with discipline and determination to achieve them," he said. Reflecting on 2024, Shah said, "It has been an incredible year in all dimensions, our performance far surpassed our audacious goals." Crediting the team Mahindra for turning "challenges into opportunities and aspirations into aspirations", he said, "We span sectors that cover nearly 70 per cent of India's GDP, and we are establishing a meaningful presence in each of these

Maruti, Eicher Motors: Can auto stocks sustain the rally? Chart check here

Technical charts show the Nifty Auto index can potentially rally another 10% to 26,180 levels; while select stocks such as M&M, Tata Motors and Ashok Leyland can surge up to 15%.

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 logs 18% jump in Dec car sales to dealers on strong SUV demand

(Reuters) - Indian automaker Mahindra & Mahindra said on Wednesday it clocked an 18% jump in sport utility vehicle sales to dealers in December due to strong demand.

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 stocks post sharpest yearly rally in 15 years; zoom 73% in CY 2024

An above normal monsoon, healthy water reservoir levels and increase in government spending in the rural space are expected to benefit the domestic tractor industry

BII to make Rs 650 cr in final tranche of investment on M&M's EV arm

Automaker Mahindra & Mahindra Ltd on Monday said British International Investment Plc will make a final tranche investment of Rs 650 crore, as against earlier planned investment of Rs 725 crore, in its electric vehicles arm. Earlier this year in May, the company had intimated that it and British International Investment Plc (BII) have mutually agreed to extend the timeframe for the final tranche of BII's planned investment of Rs 725 crore in Mahindra Electric Automobile Ltd (MEAL) and would jointly assess whether additional investment is required by December 31, 2024, M&M said in a regulatory filing. In this connection, M&M said the company and BII have jointly assessed the funding requirement for MEAL on the basis of which it has been "mutually agreed that the final tranche of BII Group's (i.e. BII and/or BII India EV LLP) investment would be Rs 650 crore to be completed by March 31, 2025, as against earlier planned investment of Rs 725 crore". "Consequently, the total ...

Why is Tata Motors thirsting for competition despite losing EV market share

Chandra says when the market expands, one benefits from a wider portfolio, but when the market is not growing, products start cannibalising among themselves

Stocks to Watch, Dec 9: GCPL, IndiGo, M&M, CEAT, Bajaj Auto, Paytm, SBI

Stocks to Watch, Dec 9: Here is a list of stocks from Adani group shares to GCPL that will remain in focus today

Mahindra to contest 'BE 6e' brand rights dispute against IndiGo in court

Mahindra says it would rebrand the name of its upcoming electric SUV "BE 6e" as "BE 6" to avoid unnecessary distractions

M&M to use existing sales network for EVs, offer all choices under one roof

Mahindra & Mahindra will utilise its existing sales network to sell its electric vehicle range as the automaker looks to offer all the choices to customers under one roof, according to a top company executive. The Mumbai-based automajor, which sells models like Thar and Scorpio, has now expanded its electric vehicle range with the launch of two all-new ground up models -- BE 6e and XEV 9e. "One of the reasons, why we want to keep the sales channel the same, is because we want to give the customer the choice between ICE (internal combustion engine cars) and EVs," Mahindra & Mahindra (M&M) Executive Director and CEO for auto and farm sectors Rajesh Jejurikar told PTI in an interaction. He was replying to a query if the company would also look at establishing a separate sales network for its EV range. Rival Tata Motors has set up a separate sales channel to sell EV models. The deliveries of newly-introduced EV models -- BE 6e and XEV 9e are expected to begin in ...

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)

Mahindra teases BE 6e, XEV 9e electric SUVs ahead of debut on November 26

Mahindra reveals teaser sketches of BE 6e, XEV 9e Electric Origin SUVs, set for global debut on November 26; built on INGLO platform, they promise bold designs, and spacious interiors

Mahindra & Mahindra, Skoda-Volkswagen clash over joint venture terms

M&M, with a stronger position in the domestic market, is reluctant to compromise with the two sides facing disagreements over issues related to development costs and sourcing