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Mahindra and Mahindra Ltd (MAHM.NS)

MAHM.NS on National Stock Exchange of India

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Latest Key Developments (Source: Significant Developments)

Mahindra & Mahindra Says Ssangyong Plant Shut Due To Coronavirus Threat, To Reopen On Feb. 13
Tuesday, 11 Feb 2020 

Feb 11 (Reuters) - Mahindra & Mahindra Ltd ::ITS UNIT SSANGYONG MOTOR HAS CREATED 3 YEAR TURNAROUND PLAN.TO SPEND 450 BILLION KOREAN WON ON TURNAROUND PLAN, TO FOCUS ON COST REDUCTION, NEW MARKETS.EXPECT 5% GROWTH IN TRACTOR SALES NEXT FISCAL YEAR STARTING APRIL 1.WILL USE FORD MOTOR CO'S IDLE CAPACITY TO PRODUCE ENGINES FOR MAHINDRA.SSANGYONG PLANT WAS SHUT DUE TO THREAT FROM CORONAVIRUS, WILL OPEN ON FEB. 13.  Full Article

India Competition Regulator Approves Formation Of JV Between Mahindra & Mahindra And Ford Motor - Tweet
Monday, 10 Feb 2020 

Feb 10 (Reuters) - COMPETITION COMMISSION OF INDIA::INDIA COMPETITION REGULATOR APPROVES FORMATION OF JV BETWEEN MAHINDRA & MAHINDRA AND FORD MOTOR - TWEET.INDIA COMPETITION REGULATOR APPROVES TRANSFER OF AUTOMOTIVE BUSINESS OF FORD INDIA TO MAHINDRA-FORD JV - TWEET.  Full Article

Ssangyong Motor sales fell 33% to 7,653 vehicles in Jan from year earlier
Monday, 3 Feb 2020 

Feb 3 (Reuters) - Ssangyong Motor Co Ltd <003620.KS>::SSANGYONG MOTOR: DOMESTIC AND OVERSEAS SALES FELL 33% TO 7,653 VEHICLES IN JAN. FROM YEAR EARLIER.  Full Article

Mahindra And Mahindra Jan Overall Sales At 52,546 Vehicles
Saturday, 1 Feb 2020 

Feb 1 (Reuters) - Mahindra and Mahindra Ltd ::MAHINDRA AND MAHINDRA LTD - JAN PASSENGER VEHICLES SALES 19,797 VEHICLES VERSUS 23,872 VEHICLES YEAR AGO.MAHINDRA AND MAHINDRA LTD - JAN COMMERCIAL VEHICLES SALES OF 22,851 VEHICLES VERSUS 22,625 VEHICLES YEAR AGO.MAHINDRA AND MAHINDRA LTD - MEDIUM AND HEAVY COMMERCIAL VEHICLES SEGMENT SOLD 471 VEHICLES IN JAN.MAHINDRA AND MAHINDRA LTD - EXPORTS FOR JANUARY 2020 STOOD AT 1,761 VEHICLES.MAHINDRA AND MAHINDRA LTD - JAN OVERALL SALES STOOD AT 52,546 VEHICLES VERSUS 55,722 VEHICLES.  Full Article

Mahindra And Mahindra Dec Production 33888 Units
Monday, 6 Jan 2020 

Jan 6 (Reuters) - Mahindra and Mahindra Ltd ::DEC PRODUCTION 33888 UNITS VERSUS 27653 UNITS.  Full Article

Mahindra And Mahindra Approves Transition Of Anand Mahindra To The Role Of Non-Exec Chair
Friday, 20 Dec 2019 

Dec 20 (Reuters) - Mahindra and Mahindra Ltd ::APPROVES TRANSITION OF ANAND MAHINDRA, EXECUTIVE CHAIRMAN TO THE ROLE OF NON-EXECUTIVE CHAIRMAN.R. PAWAN KUMAR GOENKA, MD, REDESIGNATED AS MD AND CEO WITH EFFECT FROM APRIL 1, 2020 TILL NOVEMBER 11, 2020.APPROVES APPOINTMENT OF ANISH SHAH AS MD DESIGNATED AS 'MANAGING DIRECTOR AND CHIEF EXECUTIVE OFFICER'.BOARD APPROVED APPOINTMENT OF ANISH SHAH AS CFO, CEO AND MD.APPROVES CESSATION OF V S PARTHASARATHY AS THE CHIEF FINANCIAL OFFICER.  Full Article

Mahindra And Mahindra Says Nov Sales Down
Thursday, 5 Dec 2019 

Dec 5 (Reuters) - Mahindra and Mahindra Ltd ::MAHINDRA AND MAHINDRA LTD - NOV PRODUCTION 41,846 VEHICLES VERSUS 39,331 LAST YEAR.MAHINDRA AND MAHINDRA LTD - NOV EXPORTS 2,621 VEHICLES VERSUS 3,521 LAST YEAR.MAHINDRA AND MAHINDRA LTD - NOV SALES 38053 UNITS VERSUS 41557 UNITS.  Full Article

Mahindra And Mahindra Buys 36.63% Stake Of Meru
Thursday, 5 Dec 2019 

Dec 5 (Reuters) - Mahindra and Mahindra Ltd ::MAHINDRA AND MAHINDRA LTD - ACQ UIRED 36.63% OF EQUITY SHARE CAPITAL OF MERU IN FIRST TRANCHE OF INVESTMENT.MAHINDRA AND MAHINDRA LTD - DEAL FOR 447.1 MILLION RUPEES.  Full Article

India's Mahindra And Mahindra Sept-Qtr PAT Falls
Friday, 8 Nov 2019 

Nov 8 (Reuters) - Mahindra and Mahindra Ltd ::SEPT QUARTER PROFIT AFTER TAX 12.13 BILLION RUPEES VERSUS PROFIT OF 16.49 BILLION RUPEES YEAR AGO.CONSENSUS FORECAST FOR SEPT QUARTER PROFIT WAS 11.50 BILLION RUPEES.SEPT QUARTER REVENUE FROM OPERATIONS 110.76 BILLION RUPEES VERSUS 129.89 BILLION RUPEES YEAR AGO.Q3 HAS STARTED ON POSITIVE NOTE WITH GOOD DELIVERIES BOTH IN AUTOMOTIVE AND TRACTOR SEGMENTS.  Full Article

Mahindra And Mahindra October Vehicle Production Falls 21%
Tuesday, 5 Nov 2019 

Nov 5 (Reuters) - Mahindra and Mahindra Ltd ::OCT PRODUCTION 44,697 VEHICLES VERSUS 56,752 YEAR AGO.OCT SALES 48,724 VEHICLES VERSUS 55,340 YEAR AGO.OCT EXPORTS 2,694 VEHICLES VERSUS 3,066 YEAR AGO.  Full Article

Morning News Call - India, February 12

Feb 12To access a PDF version of this newsletter, please click here http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_02122020.pdf If you would like to receive this newsletter via email, please register at: http://solutions.refinitiv.com/MNCIndiaSubscriptionpage FACTORS TO WATCH 5:30 pm: Government is likely to release consumer price inflation data for January and industrial production data for December. LIVECHAT- EQUITIES WATCH