Page 34 - Mahindra & Mahindra

Car makers rejig product portfolios as diesel, petrol prices near parity

Car manufacturers are rejigging their product portfolios as diesel and petrol prices near parity

Riding out the Covid-19 crisis: Auto shows pick-up signs in rural India

Maruti Suzuki India, the country's largest carmaker, on Wednesday reported a 53.8 per cent year-on-year decline in domestic passenger vehicle sales to 51,274 units in June due to Covid-19 crisis

M&M posts record 55% fall in total sales in June, 72% decline in exports

The commercial vehicle sales slumped 36 per cent to 10,417 units in June 2020 as against 16,394 units in the year-ago month

Brands chant the affordability mantra as they chase thrifty customers

The familiar playbook of flexible payment schemes, value packs and discounted sales dons a post-pandemic avatar as brands chase thrifty customers

M&M to develop four new platforms for tractors along with Mitsubishi

The partners are looking to start from 13 horsepower going up all the way to 70 horsepower, for markets like the US, Southeast Asia, India and Japan

M&M plans to exit loss-making international subsidiaries in a year

The move is prompted by the steep impairment loss reported by the consolidated entity as SsangYong Motor (SYMC), its Korean subsidiary, and Genzee, its two-wheeler entity in the US, turned in losses.

Mahindra reports first quarterly loss in 19 years amid Covid-19 crisis

Net loss stood at Rs 1,761 cr in Q4

M&M: Rural demand, normal monsoons and higher MSP to support volumes

Capital allocation, urban volumes, new regime key factors to be seen

Mahindra to give up control of struggling South Korean unit amid Covid-19

Mahindra earlier reported a consolidated net loss of Rs 19.55 billion ($258 million), compared with a net profit a year ago, as it booked a writedown on its investment

MARKET WRAP: Sensex recovers 1,433 pts from day's low, ends 243 pts higher

All that happened in the markets today

M&M reports Rs 3,255 crore loss in Q4FY20 on one-time impairment provisions

The company's revenue also declined 35 per cent on a YoY basis to Rs 9,004.72 crore

Mahindra & Mahindra Q4 preview: Volume decline, lower ASPs to dent earnings

According to the monthly sales update provided by the company, Mahindra & Mahindra sold 15.1 lakh units during the quarter

India Inc takes cautious approach to Covid disclosures mandated by Sebi

Most firms not indicating financial impact

Automakers warn of up to 45% sales drop as economy slumps amid pandemic

SIAM, an industry trade body, says that if the economy contracts by 2% in the year starting April 1, sales of cars, trucks and motorbikes could decline.

Stock ideas from Anand Rathi: Sell Bajaj Finserv, Mahindra & Mahindra

Mahindra & Mahindra's stock has provided a breakdown from a rising wedge pattern on the daily chart

Logging in with facemasks: Offices look different as staff returns to work

Office life in these cities resumed on Monday, albeit cautiously and with full knowledge of the need to maintain social distancing.

Market Wrap, May 15: Here's all that happened in the markets today

Of 30 constituents, 20 declined and 10 advanced. Mahindra & Mahindra ended as the top loser on the index while telecom major Bharti Airtel was the biggest gainer

Struggling before lockdown, copper manufacturers stare at meltdown

The anticipated economic slump is likely to weaken their prospects

Auto shares skid as companies report zero domestic sales in April

The Nifty Auto index fell 7.33 per cent as compared to 5.1 per cent decline in the Nifty50 index

Auto stocks in focus; Nifty Auto index up 5%, Tata Motors surges 15%

Ashok Leyland and Hero MotoCorp surged over 10 per cent each