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Mahindra and Mahindra Ltd (MAHM.BO)

MAHM.BO on Bombay Stock Exchange

9 Dec 2016
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Rs-17.25 (-1.43%)
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Latest Key Developments (Source: Significant Developments)

Mahindra & Mahindra unit MASL to buy up to 60 pct equity stake in OFD Holding BV
Monday, 5 Dec 2016 04:53am EST 

Mahindra and Mahindra Ltd : Says unit MASL agreed to buy up to 60 percent of equity share capital of OFD Holding BV . Says acquisition expected to be completed by Jan 2017 . OFD would become unit of MASL and in turn, of co .Says deal for consideration of up to 360 million rupees.  Full Article

Mahindra & Mahindra November total sales down about 22 pct
Thursday, 1 Dec 2016 03:33am EST 

Mahindra and Mahindra Ltd : November total sales of 32,499 units versus 41,590 units last year . November domestic sales of 29,814 units versus 39,383 units last year . November exports of 2,685 units versus 2,207 units last year . November passenger vehicle sales of 13,217 units versus 19,662 units last year . November domestic tractor sales of 15,918 units versus 20,819 units last year . November total tractor sales of 17,262 units versus 21,717 units last year . Says "sudden announcement of demonitization has brought in an immediate disruption and uncertainty" .Says demonetization impact to be short term.  Full Article

Mahindra & Mahindra to buy 100 pct stake in Mahindra Two Wheelers Europe Holdings
Tuesday, 27 Sep 2016 08:45am EDT 

Mahindra and Mahindra: Says agreeing to acquire 100% of the share capital of the investee company. .Says deal for Euro 26.3 million.  Full Article

Mahindra and Mahindra August total sales up 13.9 pct<003620.KS>
Thursday, 1 Sep 2016 04:27am EDT 

Mahindra and Mahindra Ltd : August total sales of 40,591 units versus 35,634 units last year . August passenger vehicle sales of 18,246 units versus 14,198 units last year . August domestic sales of 36,944 units versus 32,122 units last year . August exports of 3,647 units versus 3,512 units last year . August domestic tractor sales of 12,327 units versus 10,751 units last year . August total tractor sales of 13,543 units, up 16 percent .  Full Article

India's Mahindra exec says expects co to grow better than industry
Tuesday, 30 Aug 2016 05:26am EDT 

India's Mahindra & Mahindra Ltd : Exec says expect Mahindra to grow better than industry, expecting India passenger vehicle sales to grow 9-10 percent this fiscal year . Exec says don't think 1 percent cess on diesel cars suggested by Supreme Court will deter customers from buying such cars . Exec says not planning to bring any vehicles from its Korean unit Ssangyong to India Further company coverage: [MAHM.NS] (Reporting By Aditi Shah in NEW DELHI) ((swati.bhat@thomsonreuters.com;)).  Full Article

Mahindra & Mahindra incorporates unit in Mexico
Wednesday, 17 Aug 2016 09:03am EDT 

Mahindra & Mahindra Ltd : Incorporation of a subsidiary company in Mexico . Incorporation of unit Mahindra Mexico S. de. R. L. in Mexico .  Full Article

Mahindra & Mahindra June-qtr profit up about 12 pct<003620.KS>
Wednesday, 10 Aug 2016 04:10am EDT 

Mahindra & Mahindra Ltd : June-quarter net profit 9.55 billion rupees; total revenue from operations 119.43 billion rupees . Consensus forecast for June-quarter net profit was 8.83 billion rupees . Net profit in June quarter last year was 8.50 billion rupees as per Ind-AS; total revenue from operations was 104.71 billion rupees .  Full Article

Mahindra & Mahindra July total sales up 14 pct<003620.KS>
Monday, 1 Aug 2016 03:52am EDT 

Mahindra and Mahindra Ltd : July total sales of 39458 units, up 14 percent; passenger vehicle sales of 17356 units, up 20 percent . July total tractor sales of 17553 units, up 14 pct; domestic sales 16452 , up 15 pct .  Full Article

India's Mahindra expects vehicle prices to rise by 20-25 pct by 2020
Wednesday, 6 Jul 2016 06:12am EDT 

Mahindra & Mahindra Ltd executive says:Expects vehicle prices to rise by 20-25 percent by 2020 due to fuel efficiency and safety norms..  Full Article

India's Mahindra says good monsoon boosting tractor sales
Wednesday, 6 Jul 2016 05:24am EDT 

India's Mahindra & Mahindra executive says: Company's tractor sales volume grew 22 percent in Q1 . Passenger vehicle sales volume up 11 percent in June quarter . Truck sales volume up 48 percent in June quarter . Good monsoon rains have led 15 percent growth in tractor sales in Q1 Further company coverage: [MAHM.NS] (Reporting By Krishna N. Das) ((krishna.das@thomsonreuters.com;)).  Full Article

BRIEF-Mahindra and Mahindra appoints Anand Mahindra as executive chairman

* Mahindra and Mahindra Ltd says approved the appointment of T. N. Manoharan, as an additional director of the company