Mahindra & Mahindra Ltd Share Price (M&M)

Fraud Discovery Delays M&M Finance's Q4 Board Meeting - 23 Apr, 2024

Mahindra & Mahindra Financial Services has postponed its scheduled board meeting to discuss Q4 results due to a fraud discovery involving forgery of KYC documents related to retail vehicle loans. The estimated financial impact is anticipated to be within Rs 150 crore.

Mahindra Unveils Key Feature for XUV3X0 - 17 Apr, 2024

Mahindra has unveiled a key feature of its latest subcompact SUV, the XUV3X0 - the AdrenoX OS with remote operations such as climate control. The AdrenoX OS is a product of collaboration between Mahindra and Bosch.

Mahindra Susten to Invest INR 1,200 Crore in Hybrid Project - 16 Apr, 2024

Mahindra Susten, a part of Mahindra Group, will invest INR 1,200 crore to set up a 150 MW hybrid project in Maharashtra. The facility is expected to generate 460 million kilowatt-hour (kWh) of clean energy and offset 420,000 tonne of Co2 emissions. It marks the company's foray into the hybrid RE segment and aims to commission the project within two years.

Mahindra & Mahindra's Diversified Portfolio Could Lead to Value Unlocking - 09 Apr, 2024

Investors are optimistic about the potential for value unlocking at Mahindra & Mahindra due to its diversified portfolio, which includes investments in industrial manufacturing and defense. Some analysts believe that a demerger or other form of value unlocking could be on the horizon.

M&M Financials Rated Equal-Weight by Morgan Stanley; Mahindra-Backed Rocksport Raises $3 Million - 03 Apr, 2024

Morgan Stanley has maintained an equal-weight rating on M&M Financial Services while Nomura has reduced its rating on M&M Finance. Meanwhile, Mahindra-backed Rocksport raised $3 million from Brand Capital to create a strong consumer brand in the outdoor travel and recreation space.

Mahindra Finance Disburses ₹56,200 Crore in FY24 - 02 Apr, 2024

Mahindra & Mahindra Financial Services achieved a 13% growth in disbursements for FY24, reaching ₹56,200 crore. The business assets reached around ₹1,02,400 crore as of March 31, 2024. Collection efficiency stood at 101%, and non-performing assets showed improvement.

Mahindra & Mahindra's Subsidiary Signs Contract with Airbus Atlantic - 01 Apr, 2024

Mahindra Aerostructures, a subsidiary of Mahindra & Mahindra, has signed a multi-year contract worth around $100 million with Airbus Atlantic for the manufacturing and delivery of metallic components for the entire Airbus commercial aircraft family. Automobile companies are set to declare their monthly and FY24 sales figures.

Mahindra Group Adheres to Payment Schedule; Anand Mahindra Responds to Elon Musk - 30 Mar, 2024

Mahindra Group's adherence to payment schedules is contrasted with Tier-1 and 2 companies' rule-flouting. Meanwhile, Chairman Anand Mahindra responds to Elon Musk by revealing he started his career on a shop floor.