On the daily time frame, the stock of BSE is on the verge of providing an 'Inverted Head & Shoulder' pattern breakout affirming the bullishness
Most other auto firms in India including Tata Motors, Hyundai Motors, Kia Motors, Nissan, Renault and Honda Cars have either already curbed production or will do so soon
Investor wealth rose by Rs 3.6 trillion on the BSE today, taking m-cap of all listed BSE companies to Rs 247.34 trillion
Amit Banerjee took over as Chairman and Managing Director of BEML on Friday
The XUV700, its latest SUV offering that broke cover on Saturday, is the first model that marks the shift in the strategy
Tata Motors has formed a fresh shorting pivot and is likely to resume the corrective phase.
The new XUV700 will be the first vehicle to wear the Twin Peaks logo, followed by other SUV products in a phased manner
Home-grown auto major Mahindra and Mahindra on Monday unveiled a new visual identity, including a brand-new logo, exclusively for its SUV portfolio, ahead of the launch of its much awaited SUV, XUV700
As part of a plan to make a strong comeback in a segment it ruled till recently, M&M plans to launch nine models by 2025-26
Stocks from the banking, real estate and auto sectors will be in focus amid the RBI policy outcome later today
Parekh suggests buying and accumulating M&M stock for an upside target of Rs 820-850, keeping the stop loss of Rs 710
ABB Power Products on Thursday said it has resumed operations at its manufacturing facility in Bengaluru from May 28
Analysts expect the 'pent-up demand' story to play out from the second quarter of the financial year 2021-22 (Q2FY22) as states unlock
Bank of Baroda (BoB) reported a standalone net loss of Rs 1,047 crore in the quarter ended March 2021, as it shifted to a new tax regime
Revenues beat estimates, company chalks out a Rs 17K crore plan to aid growth
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BENGALURU (Reuters) -Indian automaker Mahindra and Mahindra said on Friday it expected a demand rebound as India emerges from lockdowns to curb a severe second wave of the COVID-19 pandemic, but the company would remain under pressure from a global chip shortage.
Apart from the chip shortage triggered by factors including pandemic-driven supply-chain disruptions, the Indian auto industry is under pressure from a severe second wave of Covid-19 infections
The company's revenue grew 48 per cent on a year-on-year (YoY) basis to Rs 13,338 crore from Rs 9,005 crore reported in the corresponding quarter last year
According to the monthly sales update provided by the company, Mahindra & Mahindra sold a total of 202,223 units in Q4FY21, up 33.3 per cent from the 151,713 units sold in the year-ago quarter