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Hero MotoCorp, Maruti Suzuki and M&M are the top preferred bets of Sharekhan
Mon, Mar 29, 2021
Sharekhan expects March 2021 to be yet another strong month for the automobile industry, with demand improving across all segments, except subdued growth in three-wheeler (3W) sales and growth moderation in entry-level bikes. Sharekhan expect tractors and commercial vehicle (CV) sales to drive growth in March 2021, with passenger vehicles (PV) and two-wheelers (2W) segments reporting strong numbers, aided by robust momentum in exports
Mahindra and Mahindra (M&M) share price: Sharekhan retains Buy rating with revised price target of Rs 1000
Mon, Feb 08, 2021
Mahindra and Mahindra’s (M&M) Q3 FY21 results were broadly in-line with our estimates. M & M reported another quarter of strong operating performance. M&M + MVML reported a revenue of Rs 14057 cr, up 16% yoy in Q3 FY21 driven by richer product mix, 20% growth in tractors, partially offset by a decline of 7% in automotive volumes.
We are preparing for slow coming back to Normalcy: Rajesh Jejurikar, M&M
Sat, May 09, 2020
Rajesh Jejurikar, Executive Director (Auto & Farm Equipments Sector), Mahindra & Mahindra (M&M) talks about sales in farm equipment and expectations, tailwinds and headwinds that may impact the sector.
M&M is trying its best to assist the government in its fight against COVID-19: Pawan Goenka
Thu, Apr 09, 2020
Corporate India must come out and assist the central government at this difficult time. I am happy to see the way corporate India is trying to do whatsoever it can do to help the government. Even Mahindra is trying to do what it can do at its end.
Auto Sector will see Sequential Growth; It will start with pre-owned Vehicle Segment: Ramesh Iyer, M&M Financial
Thu, Feb 20, 2020
NBFCs plays an important role in retail financing. Secondly, they, the NBFCs, are not just working in urban areas but they go dipper into villages and rural India. I have a feeling that NBFC will always have its importance. As far as growth is concerned then it will first start from pre-owned vehicles segment.
Government should create a refinancing body for NBFCs: Ramesh Iyer, M&M Financial
Tue, Dec 24, 2019
As far as capital is concerned, then, our adequacy level is quite good and stands around 18-19%, tier-1 is above 16% and I don't think that we will raise any more fund in next two years but it will depend upon the way the volumes will open, the growth rate, growth of the subsidiary companies among others.
No need to buy car! Get a Mahindra vehicle at just Rs 19,720; here is how
Fri, Sep 13, 2019
Mahindra & Mahindra (M&M), part of the $20.7 billion Mahindra Group, has introduced a subscription-based initiative, in partnership with Revv, for customers of Mahindra's personal vehicles, which the company claims is an all-new way of using a brand new vehicle, without actually having to buy or own one.
Mahindra and Mahindra report 26 pct decline in domestic sales in August
Sun, Sep 01, 2019
Automobile major Mahindra and Mahindra (M&M) on Sunday reported a 26 per cent decline in domestic sales in August on a year-on-year (YoY) basis.
Mahindra share price slides over 5% on Tuesday; Expert says buy it now, likely to give near 26% returns
Tue, Aug 13, 2019
An expert has put target price of Mahindra and Mahindra shares at Rs 650, which indicates a potential of nearly 26% returns ahead if compared with current market price.
Hot stock alert! Buy Mahindra & Mahindra shares now, say experts, Ssangyong and Detroit links are big reasons why
Tue, Jul 16, 2019
Expert at Edelweiss Securities have put a buy rating on Mahindra & Mahindra shares with a target price of Rs 732 in short term.
Hot stocks! Which auto stocks should you buy after RBI rate cut, monsoon booster shots?
Thu, Jun 13, 2019
Looks like the days of weak to muted auto sales are getting over, and now carmakers are set to turn positive.
Mahindra & Mahindra Benefit Trust sells M&M shares worth Rs 1,244 cr to Canada's CDPQ
Mon, Jun 03, 2019
The trust held 10.36 crore shares of Mahindra & Mahindra," M&M said in a regulatory filing. The company said, according to the trust deed, the proceeds of the sale would be transferred to M&M, and be used by the company for its various operational requirements.
Multibagger alert! This auto stock is a money making machine; seen rising 44% ahead
Fri, May 31, 2019
Experts put given a buy rating on the stock. In fact, investors can expect nearly 44% returns from M&M, if bought shares at lower levels.
Maruti & Mahindra commercial cars' sales drop again
Mon, Apr 01, 2019
Sale of Ashok Leyland in March falls 4%. Where M&M commercial cars sale falls as well. Watch complete video to know more.
Mahindra to increase price of vehicles from April
Thu, Mar 28, 2019
Auto major Mahindra & Mahindra (M&M) Thursday said it will increase the price of its passenger and commercial vehicles by Rs 5,000 to Rs 73,000 from April to partially offset the impact of rising input costs.
Mahindra & Mahindra sold 56,005 cars in February 2019; passenger vehicles, exports perform best
Fri, Mar 01, 2019
In the month of February 2019, the passenger car maker Mahindra & Mahindra (M&M) saw 10% growth in their sales.
Mahindra launches e-mobility service
Mon, Feb 25, 2019
This is the company's unique step to drive positive change towards a smart, sustainable and experiential daily commute.
Mahindra launches e-mobility service in Mumbai
Mon, Feb 25, 2019
Glyd will offer a premium in-commute experience to office going executives, powered by several connected car features such as web-conferencing, curated entertainment and music content from selective partners.
Passenger car sales weak for 7 months in a row - Should you buy auto stocks?
Mon, Feb 04, 2019
Every first and second of a month, the auto companies like Mahindra & Mahindra, Maruti Suzuki, Hero Motocorp, Eicher Motors, Exide Industries, Tata Motors, Bajaj Auto, TVS Motors and Eicher Motors announce their sales details.
Power Breakfast: Major triggers that should matter for market today Jan 22nd, 2019
Tue, Jan 22, 2019
This segment of Zee Business gives you an outlook on how the market is expected to perform today. Also, know major triggers that should matter for the market today and stocks that are likely to outperform. Watch the full video to know more.