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Mahindra & Mahindra Limited

MAHM.NS

Latest Trade

593.30INR

Change

0.00(0.00%)

Volume

2,955,289

Today's Range

583.60

 - 

595.50

52 Week Range

502.55

 - 

814.00

As of on the National Stock Exchange of India ∙ Minimum 15 minute delay

Latest Developments

Mahindra And Mahindra Sept Production Drops To 39,196 Vehicles

Oct 4 (Reuters) - Mahindra and Mahindra Ltd <MAHM.NS>::SAYS SEPT PRODUCTION 39,196 VEHICLES VERSUS 52,496 YEAR AGO.SAYS SEPT SALES 40,261 VEHICLES VERSUS 51,248 YEAR AGO.

India's Mahindra And Mahindra Exec Says JV With Ford Will Increase Sourcing From India To $7 Bln

Oct 1 (Reuters) - FORD MOTOR AND INDIA'S MAHINDRA AND MAHINDRA EXECS SAY::JV WITH MAHINDRA AND MAHINDRA PLACES INDIA AT THE VERY CENTRE OF FORD'S INTERNATIONAL STRATEGY.JV WILL INCREASE SOURCING FROM INDIA TO $7 BILLION FROM AROUND $5.5 BILLION.JV WILL ENSURE WE WILL NOT HAVE TO INVEST IN ANY NEW CAPACITY.JV WILL HAVE TOTAL 1.2 MILLION CAPACITY.JV WILL HAVE TOTAL ANNUAL PRODUCTION CAPACITY OF 1.2 MILLION VEHICLES.ENTERPRISE VALUE OF JV IS AT 19.25 BILLION RUPEES.MGMT WILL BE INDUCTED BY MAHINDRA IN NEW JV APPROVED BY FORD.WILL LOOK AT COMMON PLATFORMS ACROSS MAHINDRA, FORD AND SSANGYONG MOTOR.NEW JV COMPANY WILL HAVE 14% COMBINED MARKET SHARE.NEW JV COMPANY WILL BE EBITDA POSITIVE FROM FIRST DAY ITSELF.IN THE PROCESS OF DECIDING ON BUILDING AN ELECTRIC VEHICLE ON FORD'S CAR PLATFORM.THERE WILL BE NO JOINT BRANDING UNDER THE JV.THERE WILL BE NO JOB LOSSES BECAUSE OF JV.

Ford Says Impairment Charge Related To JV With Mahindra Will Not Result In Any Cash Expenditures

Oct 1 (Reuters) - Ford Motor Co <F.N>::FORD MOTOR CO - CONTINUE TO EXPECT A TOTAL OF ABOUT $11 BILLION IN POTENTIAL EBIT CHARGES FOR OUR GLOBAL REDESIGN ACTIONS, WITH NEGATIVE CASH EFFECTS OF ABOUT $7 BILLION.FORD - CONCLUDED THAT MATERIAL IMPAIRMENT CHARGE RELATED TO FIXED ASSETS IN INDIA AUTOMOTIVE OPERATIONS IS REQUIRED.FORD MOTOR CO - IMPAIRMENT CHARGE RELATED TO JV IN INDIA WITH MAHINDRA & MAHINDRA LIMITED WILL NOT RESULT IN ANY CASH EXPENDITURES.FORD MOTOR CO - EXPECTED IMPAIRMENT CHARGE IS ESTIMATED TO BE IN RANGE OF $800 MILLION TO $900 MILLION AND WILL BE REFLECTED IN OUR FINANCIAL STATEMENTS FOR Q3.FORD - CONCLUSION OF CHARGE BASED ON HELD-FOR-SALE IMPAIRMENT TESTING CONDUCTED FOR ASSETS SALE TO JV IN INDIA BEING CREATED WITH MAHINDRA.

Mahindra And Ford Announce A Joint Venture In India And Emerging Markets

Oct 1 (Reuters) - Ford Motor Co <F.N>::MAHINDRA AND FORD ANNOUNCE A JOINT VENTURE TO DRIVE PROFITABLE GROWTH IN INDIA AND EMERGING MARKETS.FORD MOTOR CO - JOINT VENTURE VALUED AT INR 1,925 CRORES.FORD MOTOR CO - MAHINDRA AND FORD WILL FORM A JOINT VENTURE, WITH MAHINDRA OWNING A 51 PERCENT CONTROLLING STAKE AND FORD OWNING A 49 PERCENT STAKE.FORD MOTOR CO - JV WILL BE OPERATIONALLY MANAGED BY MAHINDRA, AND ITS GOVERNANCE WILL BE EQUALLY COMPOSED OF REPRESENTATIVES OF MAHINDRA AND FORD.FORD MOTOR CO - MAHINDRA WILL CONTINUE TO OWN MAHINDRA BRAND AND OPERATE ITS OWN INDEPENDENT DEALER NETWORK IN INDIA.FORD MOTOR CO - FORD WILL RETAIN FORD ENGINE PLANT OPERATIONS IN SANAND, GLOBAL BUSINESS SERVICES UNIT, FORD CREDIT AND FORD SMART MOBILITY.FORD MOTOR CO - FORD WILL TRANSFER ITS INDIA OPERATIONS TO JOINT VENTURE, INCLUDING ITS PERSONNEL AND ASSEMBLY PLANTS IN CHENNAI AND SANAND.FORD MOTOR - JOINT VENTURE EXPECTS TO INTRODUCE THREE NEW UTILITY VEHICLES UNDER FORD BRAND.FORD MOTOR CO - JOINT VENTURE IS EXPECTED TO BE OPERATIONAL BY MID-2020, SUBJECT TO REGULATORY APPROVALS.FORD MOTOR CO - FORD WILL CONTINUE TO OWN FORD BRAND, AND ITS BRANDED VEHICLES WILL BE DISTRIBUTED THROUGH CURRENT FORD INDIA DEALER NETWORK.FORD MOTOR CO - ANOTHER AREA OF FOCUS FOR JOINT VENTURE WILL BE ELECTRIC VEHICLES.FORD MOTOR CO - JOINT VENTURE WILL BE RESPONSIBLE FOR GROWING FORD BRAND IN INDIA AND EXPORTING ITS PRODUCTS TO FORD ENTITIES GLOBALLY.

Ssangyong Motor: Sept Global Sales Down 4.4% Y/Y

Oct 1 (Reuters) - Ssangyong Motor Co Ltd <003620.KS>::SAYS SEPT GLOBAL SALES DOWN 4.4% Y/Y TO 10,325 VEHICLES.

India's Mahindra To Have 3 More 'No Production' Days in Q2 Than Earlier Disclosed

Sept 13 (Reuters) - Mahindra and Mahindra Ltd <MAHM.NS>::WILL HAVE 8-17 'NO PRODUCTION' DAYS IN Q2 FY20, OR 3 DAYS MORE THAN DISCLOSED EARLIER, FOR AUTOMOTIVE PRODUCTION.WILL HAVE 1-3 'NO PRODUCTION' DAYS IN Q2 FY20 FOR FARM EQUIPMENT PRODUCTION.HAS ADEQUATE VEHICLE STOCKS TO MEET DEMAND.

Mahindra And Mahindra's Aug Production Falls

Sept 5 (Reuters) - Mahindra and Mahindra Ltd <MAHM.NS>::AUG PRODUCTION 34520 UNITS VERSUS 54888 UNITS.

India's Mahindra And Mahindra MD Says Likely To See More Job Cuts This Fiscal Year If Slowdown Continues

Sept 5 (Reuters) - Mahindra and Mahindra Ltd MD Pawan Goenka <MAHM.NS>::LIKELY TO SEE MORE JOB CUTS THIS FISCAL YEAR IF SLOWDOWN CONTINUES.COMPANY HAS ALREADY CUT 1,500 JOBS, ABOUT 5% OF ITS TOTAL WORKFORCE.NOT PLANNING TO HALT PRODUCTION DURING SEPT AS OF NOW, WILL EVALUATE IN OCT DEPENDING ON FESTIVE SALES.PLAN TO DEFER 10% CAPEX INVESTMENT THIS YEAR, AS MUCH AS 10 BILLION RUPEES.PLAN TO DEFER INVESTMENT IN INCREASING PRODUCTION CAPACITY FOR ABOUT A YEAR.

Mahindra And Mahindra Says August Total Sales Down 25%

Sept 1 (Reuters) - Mahindra and Mahindra Ltd <MAHM.NS> says::AUGUST TOTAL SALES DOWN 25% AT 36,085 VEHICLES VERSUS 48,324 VEHICLES YEAR AGO.AUGUST TOTAL DOMESTIC SALES DOWN 26% AT 33,564 VEHICLES VERSUS 45,373 VEHICLES YEAR AGO.AUGUST TOTAL PASSENGER VEHICLES SALES DOWN 32% AT 13,507 VEHICLES VERSUS 19,758 VEHICLES YEAR AGO.AUGUST TOTAL COMMERCIAL VEHICLES SALES DOWN 28% AT 14,684 VEHICLES VERSUS 20,326 VEHICLES YEAR AGO.AUGUST TOTAL EXPORT SALES DOWN 15% AT 2,521 VEHICLES VERSUS 2,951 VEHICLES YEAR AGO.AUGUST TOTAL TRACTOR SALES DOWN 17% AT 14,817 UNITS VERSUS 17,785 UNITS YEAR AGO.

Mahindra And Mahindra Unit To Have Upto 14 'No Production Days' In Q2

Aug 9 (Reuters) - Mahindra and Mahindra Ltd <MAHM.NS>::MAHINDRA AND MAHINDRA SAYS MAHINDRA VEHICLE MANUFACTURERS LTD WILL HAVE ''NO PRODUCTION DAYS'' FOR 8-14 DAYS IN VARIOUS PLANTS DURING Q2 FY20.SAYS MOVE AS PART OF ALIGNING PRODUCTION WITH SALES REQUIREMENTS.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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