M&M
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
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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