Mahindra & Mahindra Ltd

(M&M)

Mahindra Launches New Models and EV Updates - 21 Oct, 2024

Mahindra has launched the Scorpio Classic Boss Edition with special features, while the XUV 3XO EV is spotted ahead of its launch. The 3XO diesel model shows promising mileage results.

M&M CEO Outlines Growth Strategy Amid Challenges - 20 Oct, 2024

Mahindra & Mahindra's auto division CEO, Nalinikanth Gollagunta, discusses strategies for growth and overcoming challenges in the automotive sector, focusing on both ICE and electric vehicles.

Mahindra Launches Scorpio Classic Boss Edition - 19 Oct, 2024

Mahindra & Mahindra Ltd introduces the Scorpio Classic Boss Edition, featuring a powerful diesel engine and cosmetic enhancements, targeting festive season sales.

Mahindra Launches Scorpio Classic Boss Edition for Festivities - 18 Oct, 2024

Mahindra & Mahindra has introduced the Scorpio Classic Boss Edition, featuring extensive cosmetic upgrades and accessories for the festive season, priced between Rs 13.62 lakh and Rs 17.42 lakh. The company also plans a partnership with Škoda Auto for electric vehicle development.

Mahindra & Mahindra Shares Decline Amid Market Volatility - 17 Oct, 2024

On October 17, 2024, Mahindra & Mahindra shares fell by 3.01%, resulting in a market cap loss of ₹11,137 crore. The stock closed at ₹2,975.75, reflecting broader market volatility affecting the auto sector.

Qualcomm Collaborates with Mahindra on EV Trials - 16 Oct, 2024

Qualcomm is conducting trials with Mahindra & Mahindra and Tata Motors for passenger vehicles, indicating a strong push into the electric vehicle market.

Mahindra & Mahindra Launches New Tractors and Market Growth - 15 Oct, 2024

Mahindra & Mahindra launched the Arjun 605 DI 4WD tractor to meet rising demand. Additionally, Mahindra Solarize targets significant growth in the rooftop solar market. Kotak forecasts a market share gain and sets a target price of Rs 3,300 for the stock.

Mahindra Begins Deliveries of Thar Roxx SUV - 14 Oct, 2024

Mahindra & Mahindra has started deliveries of the Thar Roxx, a five-door SUV available in six variants, priced from Rs. 12.99 lakh. The company reported a growth of 24% in SUV sales, with over 51,000 units sold. Additionally, Mahindra is offering incentives on the Thar 3-door model.

Mahindra & Mahindra Sees Growth in Tractor Sales - 13 Oct, 2024

Mahindra & Mahindra reported a 3% rise in domestic tractor sales for September, reaching 43,201 units, and a 4% increase in the first half of the fiscal year.

Duggad Expands Portfolio with Mahindra & TVS - 12 Oct, 2024

Duggad has included Mahindra & Mahindra and TVS Motor in their investment portfolio, focusing on a balanced approach between four-wheeler and two-wheeler companies.

Mahindra Announces Significant Discounts on XUV Models - 11 Oct, 2024

Mahindra is offering substantial discounts on various models, including up to Rs 4.4 lakh on the XUV400 EV and Rs 1.8 lakh on the XUV300 MY2023, to clear unsold inventory.

M&M Reports Strong FY24 Growth and Price Adjustments - 10 Oct, 2024

Mahindra & Mahindra reported a 14% revenue growth in FY24, with a PAT increase of 7.8%. Additionally, the company raised prices for the XUV 3XO and offered discounts on the Thar during the festive season.

Mahindra & Mahindra Sees Growth and Strategic Moves - 09 Oct, 2024

Mahindra & Mahindra received an upgrade from CLSA, plans new SUV launches, and reported significant sales growth for the Scorpio. Price hikes for XUV 3XO variants were also announced, reflecting strong market positioning.

Mahindra & Mahindra Stock Surges After CLSA Upgrade - 08 Oct, 2024

Mahindra & Mahindra's stock rose significantly after CLSA upgraded its rating to 'Outperform' and raised the target price to ₹3,400. The company's market cap increased by ₹8,748 crore, reflecting strong investor interest and positive sentiment surrounding its SUV segment growth and return on equity. The stock reached an intraday high of ₹3,160.05, showcasing robust performance in the automotive sector.

Mahindra & Mahindra's Strong Performance and Future Plans - 07 Oct, 2024

Mahindra & Mahindra is advancing in hybrid technology with a 2026 launch, while shares rose 1.48%. The Thar ROXX saw record bookings, and the BE.05 electric SUV is set for a January 2025 launch.

Mahindra BE.05 Electric SUV Production Spotted - 06 Oct, 2024

The Mahindra BE.05 electric SUV has been spotted in production form during an ad shoot, indicating an imminent launch. The vehicle features design elements from the concept version and is expected to offer a 500km range with a 60kWh battery pack.

Analyst Suggests Buying Mahindra Stock at Lower Levels - 05 Oct, 2024

An analyst recommends waiting for Mahindra & Mahindra stock to drop to Rs 2960-Rs 2950 for a more favorable investment opportunity.

Mahindra Launches ZEO, Thar ROXX Sees Record Bookings - 04 Oct, 2024

Mahindra & Mahindra launched the ZEO electric vehicle for small commercial use and reported record bookings of 1.76 lakh for the Thar ROXX in just one hour, reflecting strong market interest.

Mahindra Launches New Models, Sees Strong Demand - 03 Oct, 2024

Mahindra & Mahindra unveiled the Thar ROXX, receiving over 176,000 bookings shortly after launch. Additionally, Swaraj Tractors introduced the Target 625 model to boost agricultural sales.

Mahindra Achieves Sales Milestones and Launches Thar Roxx - 02 Oct, 2024

Mahindra & Mahindra Ltd. reports significant growth in SUV sales, becoming the third-largest carmaker in India. Bookings for the new Thar Roxx SUV will commence soon.