Page 7 - Mahindra & Mahindra

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 ...

Auto stocks can defy Trump tariff woes, may rally up to 24%; suggest charts

Technical charts suggest that the Nifty Auto index can potentially rise up to 11 per cent; Tata Motors which is oversold can bounce back up to 24 per cent from present levels. M&M, however, looks weak

Uno Minda, Motherson Sumi, M&M: Top bets by Nuvama ahead of March'25 sales

According to analysts at Nuvama, the tractor industry volumes are expected to grow in double digits, with an approximately 16 per cent Y-o-Y increase in the domestic market

M&M in talks to acquire Sumitomo Corporation's stake in SML Isuzu

Sumitomo holds 44% in SML Isuzu; current stake valued at Rs 1,100 cr; deal may happen at a discount to current trading price

Mahindra & Mahindra in talks to acquire Sumitomo's stake in SML Isuzu

The potential acquisition could mark M&M's strategic entry into the trucks and buses segment, allowing it to expand beyond its current portfolio of passenger and light commercial vehicles

ICICI Bank, M&M charts flag Death Cross; here's what happened in the past

ICICI Bank and M&M are seeing 'Death Cross' on daily chart for the 4th time in last 5 years; both stocks managed to negate the bearish implications in the last 3 instances, will history be repeated?

Mahindra XUV700 Ebony Edition launched: Top features of new Mahindra SUV

The new Ebony Edition XUV700 from Mahindra is priced between Rs 19.64 lakh and Rs 24.14 lakh (both ex-showroom). It has an all-black exterior and interior, as the name suggests

Mahindra Agri Solutions eyes new global markets for Indian grapes

The company collaborates with over 500 farmers in Nashik, Baramati, and Sangli (Maharashtra), equipping them with farming techniques that enhance exportable yields

Mahindra at number two: Tech development, EV plans to drive its future

125-acre campus of Mahindra Research Valley in Tamil Nadu fuelling company's innovations

M&M ranks in top 1% of S&P Global's corporate sustainability assessment

Mahindra & Mahindra is the only global carmaker in the top 1% of S&P Global's 2025 Sustainability Yearbook, achieving a perfect 100 percentile in business ethics, risk management, and transparency

Auto maker stocks climb on upbeat Feb sales; M&M, TVS, Eicher gain over 2%

Shares of vehicle manufacturers were climbing on Monday's session, after a number of automaker companies reported higher sales numbers for February 2025

Stocks to watch, Mar 3: Auto stocks, Coal India, Hindustan Zinc, ACME Solar

Stock market today: Glenmark Pharma is recalling close to 15 lakh bottles of a generic medication used in treating attention deficit hyperactivity disorder in the US market, as reported by the US FDA

Mahindra sales rise 15% to 83,702 units in February, exports at 1,647 units

Mahindra & Mahindra on Saturday said its total sales increased 15 per cent year-on-year to 83,702 units in February. The automaker had sold 72,923 units in February last year. In the utility vehicles segment, the company said it sold 50,420 vehicles in the domestic market, a growth of 19 per cent as compared with 42,401 units in February last year. Exports increased to 3,061 units last month, an increase of 99 per cent over 1,539 units in February 2024. "This strong performance is a result of a continued positive momentum for our SUV portfolio," Mahindra & Mahindra (M&M) Automotive Division President Veejay Nakra said in a statement. The company said its total tractor sales last month stood at 25,527 units, as against 21,672 units for the same period last year. Exports for February stood at 1,647 units. "After a good Kharif crop, Rabi crop outlook is also looking positive due to favourable weather conditions," M&M Farm Equipment Sector President Hemant Sikka ...

M&M to explore feasibility of setting up CKD plant in South Africa

Mahindra & Mahindra on Friday said it will undertake a feasibility study to explore potential of setting up a completely knocked down vehicle assembly facility in South Africa. The company has inked a MoU with South Africa's Industrial Development Corporation (IDC) for a feasibility study on the potential of setting up a completely knocked down (CKD) vehicle assembly plant, the Mumbai-based auto major said in a statement. The Memorandum of Understanding (MoU) marks a significant step in evaluating the potential for expanded local manufacturing, with a detailed study set to examine key factors such as South Africa's automotive industry incentives, export market potential, workforce development, and supply chain infrastructure, it added. Additionally, the study will assess logistics and supply chain feasibility, including potential locations, to determine how Mahindra can further integrate into the country's industrial landscape, including New Energy Vehicles (NEV), the auto major ..

Stocks to Watch, Feb 28: PFC, Paytm, JSW Infra, M&M, Tata Power, LIC

Share market today: Indian stock markets are likely to be influenced by the persistent selling of Indian equities by FIIs, Trump tariffs, and the country's Q3 GDP data set for release later today

Mahindra & Mahindra climbs 4% in 2 days as bargain hunters make a beeline

At 10:55 AM, Mahindra & Mahindra share price was 2.86 per cent higher, at Rs 2,792, on the BSE. In comparison, the 30-stock BSE Sensex index was trading 175 points, or 0.24 per cent higher, at 74,620

Stocks to watch, Feb 25: M&M, Ireda, Nestle India, Airtel, Biocon

Stocks to watch today: Mahindra and Mahindra has increased its market share to 43.8 pr cent in the domestic tractor market despite a challenging year

Our farm machinery sales to hit Rs 1,000 cr in FY25: M&M's Hemant Sikka

We are clearly seeing this macro trend play out over the last 15-20 years