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Mahindra and Mahindra Ltd (MAHM.BO)

MAHM.BO on Bombay Stock Exchange

663.90INR
24 May 2019
Change (% chg)

Rs24.40 (+3.82%)
Prev Close
Rs639.50
Open
Rs645.00
Day's High
Rs666.00
Day's Low
Rs639.50
Volume
178,192
Avg. Vol
255,690
52-wk High
Rs992.00
52-wk Low
Rs598.00

Latest Key Developments (Source: Significant Developments)

India's Mahindra And Mahindra April Total Sales Down 9 Pct
Thursday, 2 May 2019 

May 2 (Reuters) - Mahindra and Mahindra Ltd ::APRIL TOTAL SALES OF 43,721 UNITS VERSUS 48,097 UNITS LAST YEAR.SAYS APRIL PASSENGER VEHICLE SALES OF 19,966 UNITS VERSUS 21,927 UNITS LAST YEAR.SAYS APRIL TOTAL DOMESTIC SALES OF 41,603 UNITS VERSUS 45,217 UNITS LAST YEAR.APRIL EXPORTS OF 2,118 UNITS VERSUS 2,880 UNITS LAST YEAR.SAYS APRIL DOMESTIC TRACTOR SALES OF 27,495 UNITS VERSUS 29,884 UNITS LAST YEAR.SAYS APRIL TOTAL TRACTOR SALES OF 28,552 UNITS VERSUS 30,925 UNITS LAST YEAR.  Full Article

Mahindra & Mahindra Financial Services Approves Share Acquisition Of MRHFL Worth 2.87 Bln Rupees
Wednesday, 27 Mar 2019 

March 27 (Reuters) - MAHINDRA & MAHINDRA FINANCIAL SERVICES::APPROVES BUYING 11.9 MILLION SHARES OF MAHINDRA RURAL HOUSING FINANCE WORTH INR 2.87 BILLION FROM NATIONAL HOUSING BANK.  Full Article

India's Mahindra And Mahindra Dec-qtr PAT Down 11.4 Pct
Friday, 8 Feb 2019 

Feb 8 (Reuters) - Mahindra and Mahindra Ltd ::DEC QUARTER PAT 10.77 BILLION RUPEES VERSUS PAT OF 12.16 BILLION RUPEES LAST YEAR.DEC QUARTER REVENUE FROM OPERATIONS 130.70 BILLION RUPEES VERSUS 115.78 BILLION RUPEES LAST YEAR.CONSENSUS FORECAST FOR DEC QUARTER PROFIT WAS 10.04 BILLION RUPEES.DEC QUARTER EXCEPTIONAL ITEM 800 MILLION RUPEES.  Full Article

India's Mahindra And Mahindra Sept Quarter PAT Rises 23.9 Pct
Wednesday, 14 Nov 2018 

Nov 14 (Reuters) - Mahindra and Mahindra Ltd ::SEPT QUARTER PAT 16.49 BILLION RUPEES VERSUS PAT OF 13.32 BILLION RUPEES LAST YEAR.CONSENSUS FORECAST FOR SEPT QUARTER PROFIT WAS 13.08 BILLION RUPEES.SEPT QUARTER REVENUE FROM OPERATIONS 129.89 BILLION RUPEES VERSUS 121.84 BILLION RUPEES LAST YEAR.SEPT QUARTER EXCEPTIONAL ITEM 1.34 BILLION RUPEES.  Full Article

Mahindra And Mahindra Acquires Mahindra Automotive Mauritius
Tuesday, 6 Nov 2018 

Nov 6 (Reuters) - Mahindra and Mahindra Ltd ::HAS ACQUIRED 100% STAKE IN MAHINDRA AUTOMOTIVE MAURITIUS LTD.  Full Article

Mahindra & Mahindra Posts 24 Pct Rise In June Domestic Tractor Sales
Monday, 2 Jul 2018 

July 2 (Reuters) - Mahindra and Mahindra Ltd ::JUNE DOMESTIC TRACTOR SALES OF 39,277 UNITS VERSUS 31,660 UNITS LAST YEAR.SAYS JUNE TOTAL TRACTOR SALES OF 40,529 UNITS VERSUS 33,093 UNITS LAST YEAR.  Full Article

India's Mahindra & Mahindra To Launch Luxury Car Via New Co In Munich
Friday, 13 Apr 2018 

April 13 (Reuters) - Mahindra and Mahindra Ltd ::TO LAUNCH AUTOMOBILI PININFARINA CAR BRAND VIA NEW CO IN MUNICH.SAYS ENTIRE STAKE OF NEWCO WOULD BE HELD BY CO'S UNIT MAHINDRA OVERSEAS INVESTMENT COMPANY MAURITIUS.  Full Article

Mahindra And Mahindra To Collaborate With LG Chem For Li-Ion Battery Technology
Monday, 26 Feb 2018 

Feb 26 (Reuters) - Mahindra And Mahindra Ltd ::MAHINDRA AND MAHINDRA TO COLLABORATE WITH LG CHEM FOR LI-ION BATTERY TECHNOLOGY; ASSOCIATION TO BE VALID FOR SEVEN YRS.MAHINDRA AND MAHINDRA SAYS LG CHEM WILL DEVELOP UNIQUE CELL EXCLUSIVELY FOR INDIA APPLICATION; WILL SUPPLY LI-ION CELLS BASED ON NMC CHEMISTRY.MAHINDRA AND MAHINDRA SAYS CELLS WILL BE DEPLOYED IN MAHINDRA AND SSANGYONG RANGE OF ELECTRIC VEHICLES.MAHINDRA AND MAHINDRA SAYS LG CHEM WILL ALSO DESIGN LI-ION BATTERY MODULES FOR MAHINDRA ELECTRIC.MAHINDRA AND MAHINDRA SAYS BATTERY MODULE PLANT WITH CAPACITY OF HALF A MILLION BATTERY MODULES PER ANNUM EXPECTED TO GO INTO PRODUCTION IN LAST QUARTER OF FY 2020.  Full Article

Mahindra And Mahindra To Invest In Resfeber Labs
Friday, 23 Feb 2018 

Feb 23 (Reuters) - Mahindra And Mahindra Ltd ::SAYS AGREEMENT FOR INVESTING IN RESFEBER LABS PRIVATE LIMITED.SAYS TO INVEST UP TO 500.5 MILLION RUPEES FOR SUBSCRIPTION OF SERIES C CCCPS OF RESFEBER LABS.SMARTSHIFT BY CO TO MERGE WITH PORTER BY RESFEBER LABS.PRANAV GOEL WILL BE THE CEO OF MAHINDRA SMARTSHIFT WHILE KAUSALYA NANDAKUMAR WILL WORK AS INTERIM CO-CEO.  Full Article

Mahindra And Mahindra Signed Agreements For Acquisition Of Stake In Carnot Technologies
Wednesday, 21 Feb 2018 

Feb 21 (Reuters) - Mahindra And Mahindra Ltd ::SIGNED AGREEMENTS FOR ACQUISITION OF STAKE IN CARNOT TECHNOLOGIES.COST OF ACQUISITION IS 60.7 MILLION RUPEES.  Full Article

UPDATE 1-Wholesale sales of Indian passenger vehicles drop most in nearly 8 years

NEW DELHI, May 13 Wholesale sales of passenger vehicles in India fell 17% year-on-year in April, their steepest decline since October 2011, data from the country's auto industry body showed on Monday, as weak consumer confidence and a liquidity crunch hit demand.