Page 42 - Mahindra & Mahindra

Mahindra to relook into bus business strategy in future

Company currently operates in the 15-42 seater small bus space, which has about 8% marketshare

Mahindra auto sales grow 11% in May

Company sold 501 units of medium and heavy commercial vehicles in month under review

Mahindra tractor sales up 19.53% in May

Company reported total tractor sales at 23,018 units in May

Mahindra profit up 6%, misses Street estimates

The company's growth is likely to be muted due the absence of any new platform launches in FY17

Mahindra sales rise 14% to 41,863 units in April

Domestic sales up 14% at 39,357 units; Exports surge 11% to 2,506 units

Rural sector stocks extend rally after IMD predicts above normal monsoon

M&M, VST Tillers Tractors, Insecticides, Kaveri Seed, PI Ind, Coromandel Int'l, Tata Chem and Rallis up over 4%.

Mahindra launches new range of tractors

The company said the YUVO range was built on a new platform with industry first 12F+3R full constant-mesh gearbox

Mahindra to hike prices by up to Rs 47,000 from April 1

Prices of recently launched KUV100, however, have been hiked with immediate effect

M&M dips over 5% as excise duty benefit at Haridwar plant ends

The stock dipped 6% to Rs 1,190 after the company said Q4FY16 margins could be impacted by around 100 bps, due to expiry of excise duty exemption at its Haridwar plant.

Mahindra & Mahindra sales soar 16% in February

Passenger vehicle sales was up 26% at 22,612 units

Mahindra tractor sales pace up 19% in Feb

Domestic tractor sales rose 24% to 12,702 units in February