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4 mins read
December auto sales could skid sequentially on production constraints, purchase deferrals due to ‘inauspicious’ period
Indian auto makers started December on a strong note thanks to year-end discounts and the wedding s…
4 mins read
Tata Motors sells 100x more EVs than M&M – but both are valued at around $9 billion
Tata Motors’ EV business was valued at $9.1 billion after it raised $1 billion from TPG Rise Cli…
8 mins read
There may be little solace for Maruti, M&M, Hero Moto, Bajaj Auto and others in the July auto sales data
While the first quarter was a complete washout for the Indian automobile sector, led by subdued dem…
4 mins read
M&M’s farm equipment segment may have fueled investors hopes — but analysts aren’t too optimistic about it
Mahindra and Mahindra’s share price has rallied over 114% since March 31 as investors are hoping fo…
3 mins read
The 70% rally in Escorts shares is hinged on a good monsoon and exports— the orderbook will be key
While coronavirus battered Indian automobile industry sales, investors were betting on Escorts long…
5 mins read
Escorts earnings only show that calling a rural recovery right now would be pompous— all eyes will now be on M&M
The 16% rally in India’s benchmark stock index Sensex since May-end relied heavily on the supposed …
3 mins read
Auto stocks on an upswing; M&M, Tata Motors top gainers on index
Most companies will release their monthly sales numbers for July this week, which will provide i…
4 mins read
Indian car makers drive the festive boom, two-wheelers showing signs of revival
The festival season has turned out to be a blessing for Indian automakers, with registrations of pa…
3 mins read
Mahindra’s margin improves led by record growth in tractors in the second quarter — profit declines 3%
Meanwhile, revenue rose 6% to ₹11,590 crore in the quarter under review. The silver lining is th…
10 mins read
Here’s what to expect from Maruti and M&M to Hero Moto and Bajaj in monthly auto sales in June
After the historic zero sales in April and weak consumer demand in May, the Indian automobile secto…
2 mins read
M&M has given up on this year’s prospects as first-quarter profit is nearly wiped out
India’s top SUV and tractor maker, Mahindra and Mahindra, saw its consolidated net profit nearly wi…
3 mins read
PV and 2W sales disappoint in December, but stronger growth ahead, say analysts
In December, passenger vehicle and two-wheeler companies saw sales decline, even as they saw growth…
2 mins read
Mahindra and Mahindra sees a ₹2,700 crore dent from Ssangyong and other global subsidiaries
“The Company has recognised a loss of ₹2,780.47 crore as 'Exceptional items' on account of impai…
1 min read
Mahindra & Mahindra to raise prices of tractors from January 1
Mahindra & Mahindra (M&M) on Monday said that it will increase prices of its tractors across models…
8 mins read
Tata Motors reports highest passenger vehicle sales in 9 years — Maruti, Ashok Leyland, outperform street expectations
Indian auto-manufacturers reported a mixed bag of sales in February as the slowing demand and suppl…
3 mins read
Mahindra & Mahindra investors hope tractors will save the day— and the year
One of India’s largest automakers Mahindra & Mahindra is all set to announce its fourth-quarter…
3 mins read
Top stocks to watch — Pfizer, HDFC, TCS, HFCL, Inox Leisure, M&M, GAIL India, Oil India and others
Despite positive cues from the western markets, the Indian equities may open on a cautious note on …
9 mins read
EXCLUSIVE: M&M Financial Managing Director gets candid about the rights issue, the bleak prospects for this year and why there should be no more loan moratorium
M&M Financial Services, a non-banking finance company with a market capitalisation of ₹15,000 c…
4 mins read
Sobering signals that Indian stock markets may be ignoring in this euphoria
Here are some of the triggers to take notice: The impact of less-than-expected rains re…
2 mins read
Lockdown: Mahindra counts loss of 87k vehicles, 30k tractors in Q1
On sales outlook, it said the company expects tractor demand to show good improvement due to severa…