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
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 reported a better-than-expected operating performance in Q4FY25, led by a strong margin beat in the farm equipment sector segment.
Company plans greenfield PV plant by FY28 as SUV capacity runs past 90%
Sensex Today | Stock Market Close Highlights: Broader indices rallied up to 1.5% each thus outperforming the benchmark indices in trade on Monday.
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.
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 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 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 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 ..
The key focus during M&M's Q4FY25 results, analysts believe, will be the demand outlook and new product timeline
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
M&M has entered into an agreement to acquire 58.96% in SML Isuzu for Rs 555 crore
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.
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 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,
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.
Hemant Sikka to head Mahindra Logistics, Veejay Nakra to head farm biz, R Veluswamy to head auto division
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, 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.