Page 6 - M&m

M&M unveils its first electric sports utility vehicle 'XUV400' in India

The deliveries of XUV400 are scheduled to begin from the end of January next year

M&M gains 3% to touch new high; overtakes Tata Motors' market cap

In past three months, the market price of M&M has appreciated by 27 per cent, while Tata Motors recorded 2 per cent gain in its stock price.

Vinay Rajani of HDFC Securities is positive on M&M, Timken India; check why

M&M closed with a bullish engulfing pattern on the daily chart with a jump in volumes

Stocks to Watch: LIC, ONGC, Max Health, Hero Moto, Zee Entertainment, M&M

State-owned insurance behemoth Life Insurance Corporation (LIC) reported a net profit of Rs 682.88 crore in the April-June quarter (Q1) of FY23, driven by its non-par business.

On 75th I-Day, M&M unveils e-mobility plan with five new electric SUVs

The brands will be manifested through five e-SUVs under XUV.e8, XUV.e9, BE.05, BE.07 and BE.09

India at 75: These pre-independence companies thrived in independent India

These companies that operated under the constraints of British rule before 1947 helped India become self-sufficient in various sectors after independence

M&M, Ola Electric to unfurl e-car strategies on 75th Independence Day

On August 15, two companies - Mahindra & Mahindra and Ola Electric are set to take the wraps off their individual e-car strategies as they seek to stake their claim in India's nascent e-car market

ITC, Bajaj twins: 3 in 4 Nifty50 stocks conquer 200-DMA; more upside likely

Among individual stocks, Adani Ports, Axis Bank, Bajaj Auto, Mahindra & Mahindra, Reliance Industries, State Bank of India, Larsen & Toubro and Maruti Suzuki have conquered their 200-DMAs

Q1 results: M&M's consolidated net profit jumps more than 5 times

Mahindra said it received more than 100,000 orders within 30 minutes of opening books for its Scorpio-N SUV, worth around Rs 18,000 crore in sales value

Mahindra & Mahindra Q1 consolidated profit jumps to Rs 2,360.70 cr

Mahindra & Mahindra Ltd on Friday reported a consolidated profit after tax of Rs 2,360.70 crore in the first quarter ended June 30, driven by strong performance of its automotive and farm sector segments. The company had posted a consolidated loss after tax of Rs 331.74 crore in the year-ago period, M&M said in a regulatory filing. Revenue from operations increased to Rs 28,412.38 crore in the first quarter this fiscal, as compared to Rs 19,171.91 crore in the corresponding period a year ago, it added. Total expenses during the quarter were higher at Rs 26,195.01 crore, as against Rs 20,286.24 crore in the same period a year ago, the company said. The automotive segment clocked revenue of Rs 12,740.94 crore in the quarter, up from Rs 6,316.79 crore in the same period last fiscal. In volume terms, the company said it sold 1,49,803 vehicles in the quarter under review, as compared to 85,858 vehicles in the year-ago period, a growth of 74 per cent. The farm equipment vertical had

M&M books 100K Scorpio-N within 30 min of booking commencement; stock up 7%

The company, on Saturday, recorded 100,000 bookings for the All-New Scorpio-N within 30 minutes of the booking commencement, translating into an ex-showroom value of nearly Rs 18,000 crore

M&M hits new historic high; may hit Rs 1,500 levels soon, charts show

M&M stock has formed a "Golden Cross" pattern, exhibiting a healthy up move

Mahindra & Mahindra records 100,000 bookings for Scorpio-N within 30 mins

The company said that the bookings translated into an ex-showroom value of $2.3 billion

M&M hikes stake in combine harvester maker Sampo Rosenlew Oy to 100%

Mahindra & Mahindra on Monday said it has hiked its stake in its Finland-based arm Sampo Rosenlew Oy to 100 per cent with the acquisition of residual shares for over Rs 35 crore. In December 2020, the company increased its stake in combine harvester maker Sampo Rosenlew Oy to 79.13 per cent with the acquisition of additional 1,050 shares for Rs 31.15 crore. In a regulatory filing, Mahindra & Mahindra (M&M) said it executed an option exercise share purchase agreement on Monday to acquire 1,317 equity shares of Sampo Rosenlew Oy, pursuant to the exercise of a call option by it on the other shareholder of Sampo. Subsequently, the shareholding and consequent voting rights of M&M in Sampo would increase from 79.13 per cent to 100 per cent of the equity share capital of Sampo and it would become a wholly-owned subsidiary of the company, it added. The consideration will be paid in cash and the 1,317 equity shares of Sampo are being acquired at a price of euro 3,333 per share .

M&M, British Int'l Investment to build portfolio of five e-SUVs by 2027

At $9.1 billion valuation, BII will have a stake of 2.75-4.76% in the new EV company

M&M rallies 5% as UK's BII to invest up to Rs 1,925 crore in new EV arm

The funds will be utilized primarily to create and market a world-class electric SUV portfolio with advanced technologies

Stocks to watch: TCS, M&M, Vedanta, Tata Power, Dr Reddy's, Tata Motors

Stocks to watch today: IT behemoth Tata Consultancy Services (TCS) is slated to report June quarter 2022 numbers (Q1FY23); Dr Reddy's received two observations from USFDA for its Andhra plant

Mahindra group: M&M, Mahindra Holidays may jump up to 25%, charts show

The Mahindra Group stocks, barring Tech Mahindra, have outperformed the benchmark indices considerably so far in 2022, and look fairly strong on the charts poised for more gains ahead.

Want to buy a Mahindra XUV700? Your waiting time might be 22 months

The Mumbai-based $15.8 billion cars-to-factory equipment conglomerate took the wraps off its Scorpio-N late Monday, an automobile it bills as the "Big Daddy of SUVs"

M&M drives in Scorpio-N, hopes to stay in top gear with 'disruptor SUV'

Company expects car will impress buyers considering premium offers like Toyota Fortuner, Jeep Meridian and MG Gloster