Page 5 - Mahindra & Mahindra

Stocks to buy today, June 5: Glenmark Pharma, M&M among analyst top picks

Stocks to buy today, June 5: Analyst at Religare Broking has recommended buying Glenmark Pharma, M&M and one more stock with upside potential

'Business as usual': Indian firms brush off Türkiye tensions

None of the Indian firms - including Jubilant FoodWorks, Mahindra & Mahindra, and Dabur India - responded to emailed requests for comment

Mahindra & Mahindra's vehicle sales rise 17% to 84,110 units in May

Mahindra & Mahindra on Sunday reported a 17 per cent year-on-year increase in total sales at 84,110 units in May. In the utility vehicles segment, the Mumbai-based automaker sold 52,431 vehicles in the domestic market, a growth of 21 per cent, as compared to 43,218 units in May last year. "Thanks to continued demand for our products, we were able to deliver industry-leading growth across our ICE and BEV portfolio," Mahindra & Mahindra (M&M) CEO Automotive Division Nalinikanth Gollagunta said. The company said its tractor sales in the domestic market stood at 38,914 units last month, as against 35,237 units in May 2024. Total tractor sales (domestic and exports) last month were at 40,643 units, as against 37,109 units for the same period last year. Early advancement of above-normal Southwest monsoon should bode well for kharif sowing, M&M President - Farm Equipment Business Veejay Nakra said. "Approval of hike in MSP for Paddy and other kharif crops will bring positive .

Mahindra Bolero, Bolero Neo 'Bold Edition' in India: Price, features & more

Both the Mahindra Bolero and the Bolero Neo Bold Edition have been reintroduced with new looks. Interested customers can book the upgraded version in advance on the Mahindra official website

LIC portfolio recovers ₹1.8 trillion amid market rebound from April lows

LIC's top equity holding in terms of value, Reliance Industries (RIL), has been one of the biggest contributors in its portfolio, with the stock's 25 per cent surge adding ₹26,515 crore in value

Mahindra seeks CCI approval to acquire 59% stake in SML Isuzu for ₹555 cr

Mahindra & Mahindra (M&M) has sought approval from the Competition Commission of India to acquire majority stake in commercial vehicle maker SML Isuzu. The company had earlier announced that it would acquire 58.96 per cent stake in SML Isuzu for Rs 555 crore. "The proposed combination relates to acquisition of shareholding by the acquirer (M&M) in the target (SML Isuzu Ltd)," a notice filed with the Competition Commission of India (CCI) said on May 5. The proposed combination is notified under section 5(a)(i)(A) of the Competition Act, 2002, it added. M&M is the flagship company of the Mahindra group, which is engaged in various sectors such as automotive, farm equipment, financial services, IT aerospace, real estate & infrastructure, logistics and hospitality. For the assessment of CCI, the parties said "the proposed combination will not lead to any change in the competitive dynamics, let alone cause any appreciable adverse effect on competition in India, ...

Markets a casualty in India-Pak geopolitical flare up; Sensex dips 412 pts

The market breadth remained negative as 2,552 out of 4,032 traded stocks on the BSE ended in the red, while 1,345 ended higher, and 135 remained unchanged

Robust volume growth and margin gains likely to put M&M in top gear

Riding on strong operating performance in the farm equipment sector (FES) business, the company delivered better than expected margin performance at the consolidated level

M&M rallies 8% in 2 days, nears record high. Should you buy, hold or sell?

M&M reported a better-than-expected operating performance in Q4FY25, led by a strong margin beat in the farm equipment sector segment.

SUV, tractor fire up M&M earnings, Q4 PAT up 20% at Rs 3,295 crore

Company plans greenfield PV plant by FY28 as SUV capacity runs past 90%

Stock Market Close Highlights: Sensex gains 294 pts, Nifty at 24,461; Adani shares shine, banks slip

Sensex Today | Stock Market Close Highlights: Broader indices rallied up to 1.5% each thus outperforming the benchmark indices in trade on Monday.

M&M gains 4% post Q4 nos; surges 22% in 4 weeks. Analysts see more upside

The board of directors of M&M has recommended a dividend of ₹25.3 (506 per cent) per ordinary equity share of the face value of ₹5 each.

M&M Q4 result: Net profit rises 21% to ₹2,437 crore, dividend declared

Mahindra & Mahindra Q4 FY25 result: A dividend of ₹25.30 has been recommended for each equity share, which has a face value of ₹5

Q4 results today: Mahindra & Mahindra, Coforge, Indian Hotels, Zee on May 5

Q4 FY25 company results today: M&M, Coforge, Computer Age Management Services will be among 47 companies to post earnings reports for the January-March quarter on May 5

Stocks to Watch, May 5: SBI, AU Small Finance Bank, M&M, Marico, Ircon

Stocks to Watch Today, May 5: GIFT Nifty indicates a positive start for the Indian equity markets. Here are the top stocks to watch during Monday, May 5, trading session

Tech Mahindra to acquire 100% stake in Mahindra Racing UK for Rs 13.5 cr

Tech Mahindra on Friday said its wholly owned subsidiary, Tech Mahindra London Ltd (TMLL), has entered into a definitive agreement to acquire Mahindra Racing UK Ltd (MRUK) from Mahindra Overseas Investment Company (Mauritius) Ltd (MOICML). MOICML is a wholly owned subsidiary of Mahindra & Mahindra Ltd (M&M). This deal, executed through a share purchase agreement, involves TMLL acquiring 100 per cent shareholding in MRUK for a cash consideration of GBP 1.2 million (approximately Rs 13.5 crore). Upon completion, MRUK will become a wholly owned subsidiary of TMLL and, by extension, of Tech Mahindra Ltd. Tech Mahindra said it sees the acquisition as an opportunity to diversify into new business avenues such as sporting events, professional leagues, and data-driven engineering applications, while also enhancing its brand visibility. MRUK, incorporated in the UK in 2014, is engaged in the Formula Electric World Championship Racing industry, participating in events organised by the ..

M&M Q4 preview: Analysts eye double digit growth in PAT, revenue; details

The key focus during M&M's Q4FY25 results, analysts believe, will be the demand outlook and new product timeline

Domestic PV wholesales rose by 4.4% to around 353,000 units in April

Mahindra & Mahindra (M&M) emerged as the second-largest carmaker in terms of domestic PV wholesales in April, overtaking Hyundai and Tata Motors, which had ranked ahead of it in March

Stake in SML Isuzu, M&M eyes e-bus foray soon, 21% share in LCV bus segment

M&M has entered into an agreement to acquire 58.96% in SML Isuzu for Rs 555 crore

Why this smallcap auto stock fell 10% in trade on Apr 28? Check details

M&M's board has approved acquiring Sumitomo Corporation's 44 per cent stake in the company at a price of ₹650 per share along with Isuzu Motors 15 per cent stake at the same price of ₹650 per share.