Mahindra & Mahindra

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

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

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

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

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 & 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 ...

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 ..

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

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

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

M&M shares slipped 6 per cent to Rs 2,666.45 in intra-day trade, its sharpest fall since July 10, 2024, when the stock had plunged 7.8 per cent in intra-day deal, BSE data shows

The US tractor market has been witnessing a decline for the last 12-13 quarters, and as a result, the market size has become almost 50-60 per cent of what it was two years back, the company said

The M&M share price has jumped about 4.36 per cent in 2 days, including today's gain, on the back of strong Q3 results and outlook

At 6:36 AM, GIFT Nifty Futures were trading 47 points lower at 23,568, indicating a negative start for the Indian bourses

Growth takes root: Automaker cultivates volume momentum as farm and auto segments harvest gains

The company also posted a strong revenue growth of 17 per cent at Rs 41,470 crore

M&M is expected to report strong performance for Q3FY25, driven by solid growth across its automotive and tractor segments

Backed by the positive farm sector sentiment and better terms of trade, the tractor segment is expected to report healthy volume prints, according to analysts

Hero Moto, Tata Motors and Bharat Forge are the worst hit as shares trade at over 20% discount against the long-term moving average. Maruti, Bosch, Bajaj Auto stock could dip another 11%.