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Wednesday, June 29, 2022

Mahindra and Mahindra


Love of big cars, chip dearth pushes out wait times for Mahindra

June 28, 2022 12:29 pm

Mahindra is hoping consumers in India will continue their embrace of larger, gas guzzling vehicles even as Prime Minister Narendra Modi commits to making the South Asian nation a net-zero carbon emitting one by 2070.

Mahindra sales jumps 25% to 45,640 units in April

May 02, 2022 1:03 pm

The Mumbai-based auto major's passenger vehicle sales in the domestic market rose by 23 per cent to 22,526 units last month against 18,285 in April last year, the auto major said in a statement.

From HDFC Bank to Infosys: Here are top stocks to watch on April 18

April 18, 2022 10:41 am

Stocks to watch: From ICICI Prudential Life Insurance Company to InterGlobe Aviation, here are the key stocks to look out for on Monday's trade.

M&M reports over two-fold increase in Q3 PAT at Rs 1,353 crore

February 10, 2022 4:49 pm

Revenue for the third quarter rose by 8 per cent to Rs 15,239 crore, as against Rs 14,057 crore in the year-ago period, M&M said in a regulatory filing.

Mahindra sees auto sales rebounding strongly as supply woes ease

January 21, 2022 4:15 pm

“The auto industry is poised for a very strong rebound because it has been buffeted by a number of factors over the last two to three years,” Anish Shah, managing director and chief executive officer of the Mahindra Group, said.

Mahindra-owned SsangYong Motor sold for $255 million to Edison Motors-led consortium

January 10, 2022 4:43 pm

SsangYong is burdened with high debt and its vehicle sales last year fell to 84,496, down about 21% from a year earlier, a regulatory filing from the automaker showed.

India Inc earnings: Upgrades aplenty, but margins a concern

November 15, 2021 12:47 am

The concerns are the shortage of key components plaguing the auto sector, the rising cost of energy, input inflation in general and the high attrition at IT firms.

Mahindra & Mahindra reports over 8-fold increase in Q2 profit at Rs 1,432 crore

November 09, 2021 2:59 pm

Revenue for the second quarter rose by 15 per cent to Rs 13,305 crore as against Rs 11,590 crore in the year-ago period, Mahindra & Mahindra (M&M) said in a regulatory filing.

Mahindra expects September car production to drop by 25% on chip shortage

September 02, 2021 1:41 pm

The company will have about seven "no production days" at its automotive division plants this month

M&M July tractor sales rise 7 per cent to 27,229 units

August 02, 2021 2:17 pm

Domestic tractor sales were at 25,769 units last month, as against 24,463 in July last year, a growth of 5 per cent, Mahindra & Mahindra said in a statement.