Page 6 - M&m

M&M rallies 10%, nears record high on strong operational performance in Q3

M&M expects the industry to log around 20 per cent YoY volume growth in the tractor segment for FY21E

Stocks to watch: Stove Kraft, Hero Moto, Britannia, M&M, Biocon, Tata Power

IRFC has sold $750 million worth of dollar-denominated bonds to overseas investors priced at a coupon of just 2.80 per cent per annum

M&M rallies 19% in four days, hits fresh 52-wk high on strong tractor sales

The tractor demand continues to be strong with expansion in Rabi acreage, very high reservoir levels and higher liquidity in the hands of farmers with timely Kharif procurement

Top stocks that are likely to benefit from FM's Budget proposals

According to Phillip Capital increased allocation for capital expenditure will bode well for large banks, namely ICICI Bank, Axis Bank, HDFC Bank and State Bank of India

Automobile Q3 results preview: Strong volume recovery to drive earnings

The sharp increase in prices of major commodities such as steel, aluminum, copper and rubber may dent auto industry's Q3 results

Maruti Suzuki, Tata Motors, M&M: Price hike puts auto stocks in fast lane

On Monday, Maruti Suzuki increased the price for select models by up to Rs 34,000 to offset adverse impact of rising input costs

M&M hits 52-week high on price hike of personal, commercial vehicles

The price will increase by around 1.9 per cent, resulting in an increase of Rs 4,500 - Rs 40,000, depending on the model and variant

M&M says likely to conclude deal to sell stake in Ssangyong by Feb end

Company says may sign term sheet next week, deal is more or less agreed; Post sale, Mahindra will hold less than 30% in the firm

Escorts, M&M: Tractor stocks could see 20-30% upside, charts suggest

Tractor stocks such as M&M and Escorts are indicating a bullish outlook for coming sessions

Stocks to watch: Antony Waste, M&M, JSPL, Infibeam Avenues, IDBI Bank

The shares of auto companies will remain in focus today after a host of companies are scheduled to release auto sales figures for December 2020

M&M, Eicher Motors: Technical charts show further upside in auto stocks

A strong close above Rs 770 in M&M may trigger a rally Rs 825 levels

M&M gains 4% as Company to increase prices of PVs, CVs from January 1

M&M said the price hike has been necessitated due to the increase in commodity prices and various other input costs.

M&M to hike prices of passenger, commercial vehicles from January

his has been necessitated due to the increase in commodity prices and various other input costs, the company said

November CV sales ride high on strong demand for lower tonnage vehicles

Cumulative dispatches at top four manufacturers including advanced 1.21 per cent year-on-year

M&M hits 52-week high, Escorts nears record high on strong tractor sales

In November, total volumes at M&M and Escorts rose 56 per cent and 33 per cent YoY, respectively.

Mahindra & Mahindra to make new K2 series tractors; stock hits 52-week high

The company said its Farm Equipment Sector will manufacture a new tractor series called the 'K2', exclusively at the company's tractor manufacturing facility at Zaheerabad in the state of Telangana.

M&M Q2 net plunges 88% to Rs 162 cr on sharp contraction in auto segment

Robust tractor sales cushion impact of lower volumes in automotive segment, help firm beat street estimates

M&M offers discount, other benefits to govt employees on vehicle purchase

Auto maker Mahindra & Mahindra on Thursday announced various benefits, including an additional cash discount of up to Rs 11,500, lower interest rates and easy EMIs, for government employees on its vehicle purchases. Under the 'Sarcar 2.0' programme, all government employees are eligible for additional cash discounts of up to Rs 11,500, zero processing and foreclosure fee, and lower interest rates starting from 7.25 per cent, the company said in a release. The festive season sale benefits also include the highest tenure of up to eight years with multiple finance partners and monthly EMIs starting as low as Rs 799 per lakh for personal utility vehicles, it added. Some of these schemes are offered through various financial institutions, and customers will need to get in touch with the nearest dealer to avail of these offers, said the release. The company has also arranged contactless payment convenience along with instant EMI facilities, partnering with financial technology ...

Mahindra & Mahindra's total sales fall 14.52% to 44,359 units in Oct

Mahindra & Mahindra (M&M) on Sunday reported a 14.52 per cent decline in total sales to 44,359 units in October. The company had sold 51,896 units in the same month last year, M&M said in a statement. In the domestic market, passenger vehicle sales were up 1 per cent to 18,622 units last month compared to 18,460 units in October 2019. In the commercial vehicles segment, the company sold 3,118 vehicles last month in the domestic market as against 7,151 units in October 2019, a drop of 56 per cent. Exports dropped by 25 per cent to 2,021 units as against 2,703 units in the year-ago month. "We are happy to achieve a growth of 4 per cent in utility vehicles, despite certain supply constraints. Our brands Scorpio, Bolero and XUV 300 continue to do well, while the bookings for the all-new Thar has set new records within just a month of its launch," M&M Chief Executive Officer, Automotive Division, Veejay Ram Nakra said. For Mahindra, the festive season has started on a ...

Electric shared mobility vehicles to take a backseat: M&M's Pawan Goenka

E-vehicles used in last mile delivery of goods expected to grow at a fast clip