Page 5 - Mahindra & Mahindra

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.

Mahindra to acquire controlling stake in SML Isuzu for ₹555 crore

M&M has a 52 per cent share in the sub-3.5T light commercial vehicle (LCV) market. With this transaction, M&M expects to double its market share in the >3.5T segment to 6 per cent initially

Hindalco forays into EV parts making, delivers 10,000 battery cases to M&M

Hindalco Industries on Friday unveiled its Rs 500-crore EV component manufacturing facility at Chakan, in Pune, designed to cater to the growing demand for lightweight, crash-resistant battery solutions. The facility, built with a capital investment of Rs 500 crore and spread across 5 acres within an industrial park, represents Hindalco's foray into EV component manufacturing, a company statement said. "Our Chakan facility represents a strategic shift in India's EV ecosystem from import dependence to high-performance, localised aluminium solutions," said Satish Pai, Managing Director, Hindalco Industries Ltd. The company also announced the delivery of 10,000 aluminium battery enclosures to M&M Ltd. "Mahindra has partnered with Hindalco in the creation of the EV journey. Their expertise in developing materials and strong engineering capabilities to offer new solutions have played a key role in developing efficient and sustainable battery enclosure solutions," said Rajesh Jejurikar,

M&M shares rally 10% in 4 days on healthy outlook. Buy, Sell, Hold?

Tractor delivery momentum is expected to continue in Q1FY26 on expectation of very good Rabi crop harvest and improved cash flow in the hands of the farmers.

M&M rejigs leadership team as Mahindra Logistics CEO Ram Swaminathan quits

Hemant Sikka to head Mahindra Logistics, Veejay Nakra to head farm biz, R Veluswamy to head auto division

Mahindra Logistics Q4 PAT jumps 67% YoY to ₹13.1 cr, revenue at ₹1,293 cr

Mahindra Logistics on Monday reported 67 per cent year-on-year jump in standalone profit after tax (PAT) to Rs 13.12 crore in three months to March over the same period last year. The standalone PAT for the March quarter of 2023-24 was recorded at Rs 7.86 crore, Mahindra Logistics Ltd said in a statement. Standalone revenue for the quarter under review stood at Rs 1,293 crore as compared to Rs 1,183 crore in the March quarter of FY 24. For the full fiscal 2024-25, standalone PAT declined 30 per cent to Rs 43.50 crore from Rs 61.98 crore in FY24 while revenue for the April-March period of last fiscal stood at Rs 5,013 crore from Rs 4,530 crore, a growth of 10 per cent year-on-year, in the same period year-ago, the company said. "During the quarter, we saw a positive trend of revenue growth, with YoY growth of 8 per cent driven by growth in 3PL logistics contract logistics and Express. For the full year, revenue grew by 11 per cent driven by account additions, new offerings and new .

Mahindra Aerostructures to make fuselage for Airbus H130 choppers in India

Mahindra Aerostructures, part of the diversified Mahindra & Mahindra group, will manufacture the fuselage for Airbus H130 helicopters in India. The company and Airbus have entered into a contract for making the fuselage for H130 helicopters, and the first fuselage is expected to be delivered in the first quarter of 2027. At a function to mark the signing of the contract in the national capital on Wednesday, Rmi Maillard as President of Airbus India and Managing Director of the South Asia region, said Airbus will continue to invest in India. Civil Aviation Minister K Rammohan Naidu said there is a huge demand in the sector and emphasised the need for boosting the country's manufacturing ecosystem in order to start making aircraft in India. "India is destined to become global aviation hub," he said.

BFSI, telecom, healthcare: Ideal portfolio for a volatile stock market

Kotak has added ABB to the recommended model portfolio after the 36 per cent correction in the past six months. Its valuations, the brokerage said, look reasonable at 54X FY2026E EPS

Mahindra & Mahindra share price rises 2% on releasing March sales data

M&M's total prodution for March stood at 8,8701 units as compared to 7,1814 units ayear ago. Its sales for the month stood at 79,751 units as compared to 66,840 units

Mahindra & Mahindra's tractor sales surge 34% to 34,934 unit in March

Mahindra & Mahindra Ltd on Tuesday said its total tractor sales, including exports, rose 34 per cent year-on-year to 34,934 units in March. The company had sold 26,024 tractors in March 2024, according to a statement. Domestic sales for March 2025 stood at 32,582 units as against 24,276 tractors sold in the same month of last year, registering a year-on-year growth of 34 per cent, M&M Ltd said. Exports during the previous period were recorded at 2,325 units, the company said. "The tractor industry has been witnessing good momentum on account of favorable weather conditions, good reservoir levels, strong rabi outlook and positive terms of trade for farmers," said Hemant Sikka, President for Farm Equipment Sector, at Mahindra & Mahindra Ltd. said According to him, the harvest season has commenced in the northern regions and is expected to progress smoothly across the country. Delivery momentum picked up in the last week of March on account of festivities, and momentum is ...