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Mahindra and Mahindra Ltd (MAHM.NS)

MAHM.NS on National Stock Exchange of India

511.80INR
11:20am BST
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Rs-9.10 (-1.75%)
Prev Close
Rs520.90
Open
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Rs509.85
Volume
2,516,270
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3,134,536
52-wk High
Rs993.00
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Rs502.55

Latest Key Developments (Source: Significant Developments)

India's Mahindra And Mahindra Exec Says Industry Going Through One Of The Biggest Slowdowns
Wednesday, 7 Aug 2019 

Aug 7 (Reuters) - Mahindra and Mahindra Ltd Exec ::INDIA'S MAHINDRA AND MAHINDRA EXEC SAYS INDUSTRY GOING THROUGH ONE OF THE BIGGEST SLOWDOWNS.MAHINDRA AND MAHINDRA EXEC SAYS LOWER AVAILABILITY OF FINANCE, TRANSACTION COST, HURTING INDUSTRY.MAHINDRA AND MAHINDRA EXEC SAYS RURAL DISTRESS, DELAYED MONSOON ALSO HURTING INDUSTRY.MAHINDRA AND MAHINDRA EXEC SAYS WE HAVE GOOD CONTROL OVER INVENTORY.  Full Article

Mahindra And Mahindra Says Need Intervention For Autos Turnaround
Wednesday, 7 Aug 2019 

Aug 7 (Reuters) - Mahindra and Mahindra Ltd executive::NEED SOME KIND OF INTERVENTION FOR TURNAROUND IN AUTO INDUSTRY.TRACTOR SALES LIKELY TO BE FLAT THIS FISCAL.COMMODITY PRICES ARE FALLING, HELPING MAINTAIN MARGINS.GOVERNMENT SHOULD REDUCE GOODS AND SERVICES TAX RATE TO REVIVE AUTO DEMAND.AUTO INDUSTRY SLOWDOWN A 'BIG CONCERN', SEE 'HUGE DANGER' OF JOB LOSSES.PLANNING TO BUILD PLATFORM FOR ELECTRIC VEHICLES.  Full Article

Mahindra And Mahindra Says Mitsubishi UFJ Financial Group Buys Indirect 6.50% Stake In Co
Tuesday, 6 Aug 2019 

Aug 6 (Reuters) - MAHINDRA AND MAHINDRA LTD ::MITSUBISHI UFJ FINANCIAL GROUP BUYS INDIRECT 6.50% STAKE IN CO.  Full Article

Mahindra And Mahindra Says Mahindra Susten, Mitsui To Co-Invest In Distributed Solar Power Projects In India
Monday, 3 Jun 2019 

June 3 (Reuters) - MAHINDRA AND MAHINDRA LTD ::MAHINDRA SUSTEN AND MITSUI TO CO-INVEST IN DISTRIBUTED SOLAR POWER PROJECTS IN INDIA.MAHINDRA SUSTEN TO CONTINUE TO HOLD 51% STAKE IN MARVEL SOLREN, WITH MITSUI HOLDING BALANCE EQUITY.UTILIZING MITSUI’S GLOBAL NETWORK, TOGETHER AIM TO EXPAND BUSINESS TO 150MW BY 2023.  Full Article

Mahindra And Mahindra Invests Over 10 Bln Rupees To Develop Vehicles To Meet Stricter Emission Norms - Exec
Monday, 3 Jun 2019 

June 3 (Reuters) - Mahindra and Mahindra Automotive President, Rajan Wadhera Says: :MAHINDRA AND MAHINDRA LTD EXEC SAYS INVESTED MORE THAN 10 BILLION RUPEES TO DEVELOP VEHICLES TO MEET STRICTER EMISSION NORMS.MAHINDRA AND MAHINDRA LTD EXEC SAYS WILL NOT DEVELOP 1.2 LITRE DIESEL ENGINE UNDER STRICTER EMISSION NORMS.  Full Article

Mahindra And Mahindra Says Mahindra & Mahindra Benefit Trust Sold Co's Shares To CDPQ
Monday, 3 Jun 2019 

June 3 (Reuters) - Mahindra and Mahindra Ltd ::MAHINDRA & MAHINDRA ANNOUNCES SALE OF EQUITY SHARES TO CDPQ.MAHINDRA & MAHINDRA BENEFIT TRUST SOLD 19.2 MLN SHARES OF MAHINDRA & MAHINDRA AMOUNTING TO 12.44 BLN RUPEES, TO CDPQ.  Full Article

Mahindra And Mahindra Exec Says Automotive Business Operating Margins Continue To Be Under Pressure
Wednesday, 29 May 2019 

May 29 (Reuters) - Rajan Wadhera, President Automotive Sector,Mahindra & Mahindra Says::AUTOMOTIVE BUSINESS OPERATING MARGINS CONTINUE TO BE UNDER PRESSURE.CO WILL FOCUS ON COST EFFICIENCIES AND COST REDUCTIONS IN FY20 FOR AUTOMOTIVE BUSINESS.'CONSCIOUS EFFORT TO REDUCE PRODUCTION IN AUTOMOTIVE BUSINESS'; THERE WERE 2-3 DAYS OF SHUTDOWN AT CHAKAN PLANT IN MAY.EXPECTS GOVERNMENT TO TAKE INITIATIVES TO BRING AUTO SECTOR GROWTH BACK TO 8% - 10% RANGE.  Full Article

Mahindra And Mahindra Incorporates Mahindra Armored Vehicles Jordan LLC
Monday, 1 Apr 2019 

April 1 (Reuters) - Mahindra and Mahindra Ltd ::MAHINDRA ARMORED VEHICLES JORDAN, LLC IS INCORPORATED AS UNIT OF MAHINDRA EMIRATES VEHICLE ARMOURING FZ LLC.  Full Article

India's Mahindra And Mahindra March Total Sales Up 1.4 Pct
Monday, 1 Apr 2019 

April 1 (Reuters) - Mahindra and Mahindra Ltd ::MARCH TOTAL SALES OF 62,952 UNITS VERSUS 62,076 UNITS LAST YEAR.SAYS MARCH PASSENGER VEHICLE SALES OF 27,646 UNITS VERSUS 26,555 UNITS LAST YEAR.SAYS MARCH TOTAL DOMESTIC SALES OF 59,012 UNITS VERSUS 58,652 UNITS LAST YEAR.MARCH EXPORTS OF 3,940 UNITS VERSUS 3,424 UNITS LAST YEAR.SAYS MARCH DOMESTIC TRACTOR SALES OF 18,446 UNITS VERSUS 27,155 UNITS LAST YEAR.SAYS MARCH TOTAL TRACTOR SALES OF 19,688 UNITS VERSUS 28,477 UNITS LAST YEAR.  Full Article

Greaves Cotton Partners With Mahindra & Mahindra To Source BS-VI Emission Norms Compliant Powertrain Solutions
Monday, 28 Jan 2019 

Jan 28 (Reuters) - Greaves Cotton Ltd ::PARTNERS WITH MAHINDRA & MAHINDRA TO SOURCE BS-VI EMISSION NORMS COMPLIANT POWERTRAIN SOLUTIONS.  Full Article

Mahindra and Mahindra Ltd News

UPDATE 2-India's passenger vehicle sales drop at steepest pace in nearly two decades

* Passenger vehicle sales plunge 31%, steepest pace since Dec 2000

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Earnings vs. Estimates

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