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Saturday, April 10, 2021

Mahindra and Mahindra

MAHINDRA AND MAHINDRA NEWS

Mahindra & Mahindra total sales dip over 11% in February

March 01, 2021 3:49 pm

In the commercial vehicles segment, the company sold 11,559 vehicles in the domestic market last month, as against 19,699 units in February 2020, a drop of 70.42 per cent.

M&M shares hit 10% upper circuit, stock rises to 52-week high post December quarter results

February 08, 2021 11:18 am

Mahindra share price: After opening at Rs 888 per share on the BSE, the Mahindra & Mahindra (M&M) scrip jumped to its 52-week high of Rs 952.15 apiece. On the National Stock Exchange (NSE), it hit Rs 952.05.

Mahindra & Mahindra Q3 consolidated PAT down 6% at Rs 159.6 crore

February 05, 2021 3:59 pm

On a standalone basis, M&M posted a 90 per cent decline in profit after tax at Rs 30.93 crore as against Rs 306.55 crore in the year-ago quarter, the filing said.

M&M ends JV talks with Ford

January 02, 2021 6:18 am

Speaking about the matter Pawan Goenka, managing director, M&M said, “Given the fundamental changes in the global economic and business conditions, caused in part by the pandemic, both partners decided that we should not extend the date of the business transfer agreement.

Ford and Mahindra to scrap previously announced automotive joint venture

January 01, 2021 10:56 am

The decision follows the passing of the December 31, 2020 'longstop' or expiration date of a definitive agreement the organisations entered into in October 2019, Ford Motor Company said in a statement.

Mahindra & Mahindra arm SsangYong Motor files for bankruptcy

December 22, 2020 10:19 am

The SYMC has filed an application for commencement of rehabilitation procedure with the Seoul Bankruptcy Court under the Debtor Rehabilitation and Bankruptcy Act of South Korea, M&M said in a regulatory filing.

Mahindra & Mahindra expects drop in production and sales volume at auto division and MVML in last quarter

December 10, 2020 10:52 am

Mahindra and Mahindra (M&M) said it is engaging closely with its auto components supplier Bosch and assessing likely production loss.

Mahindra & Mahindra Q2 net dips 88% at Rs 162 crore

November 10, 2020 6:12 pm

Revenues of the company, however, increased to Rs 11,590 crore in the second quarter, as against Rs 10,935 crore in the same period previous fiscal, M&M said in a regulatory filing.

Mahindra & Mahindra drives in new Thar; price starts at Rs 9.8 lakh

October 02, 2020 5:59 pm

The company has introduced the model in two trims AX and LX with both petrol and diesel powertrain options.

Mahindra & Mahindra's August sales dip 16% to 30,426 units

September 01, 2020 6:40 pm

In the domestic market, sales were down 13 per cent to 29,257 units last month, compared to 33,564 units in August 2019.