Mahindra & Mahindra

Stocks to Watch, Dec 9: GCPL, IndiGo, M&M, CEAT, Bajaj Auto, Paytm, SBI

Stocks to Watch, Dec 9: Here is a list of stocks from Adani group shares to GCPL that will remain in focus today

Mahindra to contest 'BE 6e' brand rights dispute against IndiGo in court

Mahindra says it would rebrand the name of its upcoming electric SUV "BE 6e" as "BE 6" to avoid unnecessary distractions

M&M to use existing sales network for EVs, offer all choices under one roof

Mahindra & Mahindra will utilise its existing sales network to sell its electric vehicle range as the automaker looks to offer all the choices to customers under one roof, according to a top company executive. The Mumbai-based automajor, which sells models like Thar and Scorpio, has now expanded its electric vehicle range with the launch of two all-new ground up models -- BE 6e and XEV 9e. "One of the reasons, why we want to keep the sales channel the same, is because we want to give the customer the choice between ICE (internal combustion engine cars) and EVs," Mahindra & Mahindra (M&M) Executive Director and CEO for auto and farm sectors Rajesh Jejurikar told PTI in an interaction. He was replying to a query if the company would also look at establishing a separate sales network for its EV range. Rival Tata Motors has set up a separate sales channel to sell EV models. The deliveries of newly-introduced EV models -- BE 6e and XEV 9e are expected to begin in ...

Mahindra & Mahindra unit launches two new electric SUVs; share rises 3%

The uptick in the M&M share price came after the company announced that its subsidiary, Mahindra Electric Automobile Limited (MEAL), has launched two new electric Sports Utility Vehicles (SUVs)

Mahindra teases BE 6e, XEV 9e electric SUVs ahead of debut on November 26

Mahindra reveals teaser sketches of BE 6e, XEV 9e Electric Origin SUVs, set for global debut on November 26; built on INGLO platform, they promise bold designs, and spacious interiors

Mahindra & Mahindra, Skoda-Volkswagen clash over joint venture terms

M&M, with a stronger position in the domestic market, is reluctant to compromise with the two sides facing disagreements over issues related to development costs and sourcing

Mahindra hopes express biz to turn profitable amid focus on cost efficiency

Mahindra Group on Thursday said it is expecting its express business to turn profitable amid its focus on getting back volumes to achieve cost efficiency. It also said the turnaround in the express business will bring the overall profitability in the logistics business. The group's arm Mahindra Logistics Ltd (MLL) acquired the B2B express business of Rivigo in September 2022 and brought it under the MLL Express Services. MLL saw its consolidated profit after tax declining 33 per cent to Rs 10.7 crore in the September quarter from Rs 15.9 crore in the same quarter of the last year. The losses for the Express business were reduced by 32 per cent on a year-on-year basis, driven by continuous cost optimisation, while EBITDA losses came down by 10 per cent on a sequential basis, the company said. The growth in volumes continues to be a key priority for the business as it progresses towards an EBITDA breakeven, it had stated in the statement at the time of the Q2 earnings announcement.

M&M Q2FY25 results: PAT up 35% at Rs 3,171 crore on strong auto sales

The company stated that its auto and farm divisions delivered strong operating results, with profits up 23 per cent, while the financial services assets under management grew by 20 per cent

M&M Q2 results: Profit rises 13% to Rs 3,841 cr on higher SUV sales

(Reuters) -Indian automaker Mahindra & Mahindra reported a surprise rise in second-quarter profit on Thursday, helped by higher sales of its sport utility vehicles (SUV) and a recovery in tractor demand.

Q2 results today: M&M, Lupin, NHPC, and RVNL among 166 to post earnings

Q2 results today, November 7: Trent, Abbott India, Aditya Birla Fashion and Retail, and more will release their Q2FY25 performance report

M&M Q2 Preview: Operating profit may climb up to 31% YoY; revenue eyed

Brokerages anticipate robust revenue growth driven by improved volumes and realisations, with mixed expectations on margin performance across segments

Record SUV sales in October pushes M&M shares 5% higher on Nov 4; details

The rise in M&M share price came after the company saw record monthly SUV sales in October, which rose 25 per cent year-on-year (Y-o-Y) to 54,504 units, from 43,708 units in October 2023

All about new Mahindra Thar Roxx: On road price, features, themes and more

All about new Mahindra Thar Roxx: On road price, features, themes and more

M&M leads carmakers' sales rebound ahead of festive season; Tata lags

(Reuters) - Mahindra & Mahindra led Indian carmakers' resurgence in sales in September, after a two-month lull, data showed on Tuesday, as dealers stocked up ahead of the festive season, although Tata Motors suffered as a tax change hurt EV sales.

TechM's opening move with Global Chess League to popularise chess

Fan Nxt, TechM's platform, will provide answers to these questions by offering fans an interactive experience through AI, augmented reality, and even virtual reality

M&M stock hits new high as m-cap nears Rs 4 trillion; zooms 100% in 10 mths

In three days, the stock of the Mahindra group automaker has rallied 11 per cent on reports of the top management of Skoda Volkswagen India looking to sell up to 50 per cent stake in the co to M&M.

No new EV facility planned beyond Chakan plant: Mahindra & Mahindra

Company will roll out Born EVs from Chakan plant by 2025

Divi's Lab, AEL, M&M among top movers & shakers in FY25; trading guide here

Among existing gainers, Divi's Lab and Shriram Finance seem poised for further gains, whereas losers IndusInd Bank and Nestle too look promising on technical charts; check key levels.

Auto major M&M debuts small commercial vehicle to bridge intracity gap

Priced at Rs 7.99 lakh for the entry-level product, M&M launched the diesel and CNG variants, and an electric version will come in the future

Service outlets not stressed; utilisation full in big cities: Gollagunta

To tackle the growing load on its service outlets, M&M is increasing productivity, expanding bay capacity, and rolling out remote software updates