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India

Mahindra and Mahindra Ltd (MAHM.NS)

MAHM.NS on National Stock Exchange of India

722.00INR
3:59pm IST
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Rs-6.50 (-0.89%)
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11,302,666
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6,215,750
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Rs745.50
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Rs245.40

Latest Key Developments (Source: Significant Developments)

India's Mahindra And Mahindra Exec Says Expects Strong Demand Until Year-End
Tuesday, 10 Nov 2020 

Nov 10 (Reuters) - Anish Shah, Deputy Managing Director, Mahindra and Mahindra Ltd ::INDIA'S MAHINDRA AND MAHINDRA EXEC SAYS WORKING ON GETTING ALL GOVERNMENT APPROVALS FOR THE FORD ALLIANCE THAT WERE DELAYED DUE TO COVID-19.INDIA'S MAHINDRA AND MAHINDRA EXEC SAYS EXPECT TO TAKE MORE IMPAIRMENTS ON INVESTMENTS IN CURRENT FISCAL YEAR.INDIA'S MAHINDRA AND MAHINDRA EXEC SAYS EXPECT STRONG DEMAND FOR VEHICLES UNTIL END OF THE YEAR.INDIA'S MAHINDRA AND MAHINDRA EXEC SAYS CURRENTLY AT 80%-85% PLANT CAPACITY UTILISATION.  Full Article

India's Mahindra & Mahindra Sept-Quarter PAT Falls
Tuesday, 10 Nov 2020 

Nov 10 (Reuters) - Mahindra and Mahindra Ltd ::SEPT-QUARTER PAT 771.9 MILLION RUPEES VERSUS PROFIT 12.13 BILLION RUPEES YEAR AGO.SEPT-QUARTER REVENUE FROM OPERATIONS 117.10 BILLION RUPEES VERSUS 110.76 BILLION RUPEES YEAR AGO.RECORDS EXCEPTIONAL ITEM OF 11.49 BILLION RUPEES IN QUARTER.TRACTOR DEMAND WILL REMAIN ROBUST DURING THE UPCOMING FESTIVE SEASON.OPERATIONS NOW ARE NEAR NORMAL DESPITE SOME ISOLATED POCKETS OF SUPPLY SIDE CONSTRAINTS THAT STILL REMAIN.MANUFACTURING CAPACITY UTILISATION EXPECTED TO RECOVER IN Q3.  Full Article

Ssangyong Motor Oct Global Sales Nearly Unchanged Y/Y To 10,197 Vehicles
Monday, 2 Nov 2020 

Nov 2 (Reuters) - :SSANGYONG MOTOR: OCT GLOBAL SALES NEARLY UNCHANGED Y/Y TO 10,197 VEHICLES.  Full Article

Mahindra And Mahindra Overall Automotive Sales Stood At 35,920 Vehicles In Sept.
Thursday, 1 Oct 2020 

Oct 1 (Reuters) - Mahindra and Mahindra Ltd ::IN PASSENGER VEHICLES SEGMENT, MAHINDRA SOLD 14,857 VEHICLES IN SEPT., UP 4%.IN COMMERCIAL VEHICLES SEGMENT, CO SOLD 18,907 VEHICLES IN SEPT., VERSUS 18,872 VEHICLES IN SEPT. 2019.OVERALL AUTOMOTIVE SALES STOOD AT 35,920 VEHICLES IN SEPT., VERSUS 43,343 VEHICLES IN SEPT. 2019.EXPORTS FOR SEPT. WERE AT 1,569 VEHICLES.  Full Article

Mahindra And Mahindra Says Termination Of Agreement For Sale Of Shares Of Unit
Friday, 11 Sep 2020 

Sept 11 (Reuters) - Mahindra and Mahindra Ltd ::MAHINDRA AND MAHINDRA -TERMINATION OF SHARE PURCHASE AGREEMENT FOR SALE OF SHARES OF NEO SOLREN PVT LTD.  Full Article

India's Mahindra And Mahindra, Israel's REE Automotive Ink Pact
Wednesday, 26 Aug 2020 

Aug 26 (Reuters) - Mahindra and Mahindra Ltd ::MAHINDRA AND REE AUTOMOTIVE SIGN AN MOU.COS TO ESTABLISH A PACT FOR ELECTRIC COMMERCIAL VEHICLES.MAHINDRA AND MAHINDRA - MOU TO EXPLORE DEVELOPMENT, MANUFACTURING OF ELECTRIC COMMERCIAL VEHICLES.  Full Article

Mahindra & Mahindra's Profit Falls Sharply In June-Qtr
Friday, 7 Aug 2020 

Aug 7 (Reuters) - India's Mahindra & Mahindra ::JUNE-QUARTER PROFIT AFTER TAX 1.12 BILLION RUPEES VERSUS PROFIT 23.14 BILLION RUPEES YEAR AGO.CONSENSUS FORECAST FOR JUNE-QUARTER PROFIT WAS 1.60 BILLION RUPEES -- REFINITIV DATA.JUNE-QUARTER REVENUE FROM OPERATIONS 56.02 BILLION RUPEES VERSUS 129.23 BILLION RUPEES YEAR AGO.TO SEEK SHAREHOLDERS' NOD TO CUT STAKE IN SSANGYONG MOTOR TO LESS THAN 50%.  Full Article

Mahindra And Mahindra Exec Says Willing To Let Go Ownership Control Of Ssangyong
Friday, 12 Jun 2020 

June 12 (Reuters) - Mahindra and Mahindra Ltd Exec ::OVER NEXT 12 MONTHS, EVERY BUSINESS THAT IS LOSS-MAKING WILL BE SCRUTINISED FOR FUTURE ACTION COURSE.BUSINESSES WITH UNCLEAR PATH TO PROFIT WILL BE EXITED VIA PARTNERSHIPS, ALLIANCE OR WILL BE SHUTDOWN.BUSINESSES WITH CLEAR PATH TO 18% RETURN ON EQUITY WILL BE CONTINUED.LOOKING FOR INVESTORS IN SSANGYONG.WILLING TO LET GO OWNERSHIP CONTROL OF SSANGYONG.EXPECTS AGGRESSIVE COST OPTIMISATION BETWEEN SEPT 2020-MARCH 2021.EXPECTS STRATEGIC RE-PRIORITISATION OF CAPEX BETWEEN SEPT 2020-MARCH 2021.AUTO MANUFACTURING CAPACITY CURRENTLY AT 30%, ALL SUPPLIERS OPERATIONAL.CO HAS STRONG CASH POSITION TO TACKLE COVID-19.SSANGYONG, OTHER INT'L UNITS DRIVE SIGNIFICANT PROFIT REDUCTION.  Full Article

Mahindra And Mahindra Ltd Says Produced 4619 Units In May 2020
Thursday, 4 Jun 2020 

June 4 (Reuters) - Mahindra and Mahindra Ltd ::MAHINDRA AND MAHINDRA LTD SAYS MAY 2020 PRODUCTION OF 4619 UNITS VERSUS 44087 UNITS IN MAY 2019.  Full Article

Mahindra And Mahindra Says April Domestic Sales At Zero
Friday, 1 May 2020 

May 1 (Reuters) - Mahindra and Mahindra Ltd ::SOLD 733 VEHICLES IN EXPORT MARKET DURING APRIL 2020.DOMESTIC SALES IN APRIL COMPLETELY IMPACTED BY COVID-19 PANDEMIC AND RESULTING NATIONAL LOCKDOWN.FARM EQUIPMENT SECTOR APRIL DOMESTIC TRACTOR SALES AT 4,716 UNITS VERSUS 27,495 UNITS YEAR AGO.  Full Article

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