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Mahindra and Mahindra Ltd (MAHM.NS)

MAHM.NS on National Stock Exchange of India

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Latest Key Developments (Source: Significant Developments)

Mahindra & Mahindra to commercialize driverless tractor technology from early 2018
Tuesday, 19 Sep 2017 02:24am EDT 

Sept 19 (Reuters) - Mahindra & Mahindra Ltd ::Says co's driverless tractor technology to be available commercially from early 2018, in phased manner‍​.Says launches driverless tractor in India.  Full Article

Mahindra and Mahindra, Ford to explore cooperation in mobility, electrification programmes
Monday, 18 Sep 2017 05:09am EDT 

Sept 18 (Reuters) - Mahindra And Mahindra Ltd ::Says co, Ford explore strategic alliance to drive growth in India, other emerging markets.Says teams from both cos to collaborate and work together for period of up to three years.Areas of potential cooperation includes mobility programmes, electrification, connected vehicle projects among others.  Full Article

Mahindra and Mahindra launches E-Alfa mini electric rickshaw
Friday, 8 Sep 2017 06:39am EDT 

Sept 8 (Reuters) - Mahindra And Mahindra Ltd ::Says launches E-Alfa mini electric rickshaw.  Full Article

Mahindra & Mahindra says to launch third tractor brand through Gromax Agri Equipment Ltd
Monday, 28 Aug 2017 02:49am EDT 

Aug 28 (Reuters) - Mahindra And Mahindra Ltd ::Says to launch third tractor brand through Gromax Agri Equipment Ltd.  Full Article

Mahindra Logistics Limited files for IPO
Friday, 4 Aug 2017 09:02am EDT 

Aug 4 (Reuters) - Mahindra And Mahindra Ltd :Mahindra Logistics Limited files for IPO.Mahindra Logistics says IPO includes offer for sale of upto 9.3 million shares by normandy holdings and up to 394,993 shares by Kedaara Capital Alternative Investment Fund.Mahindra Logistics says received in-principle approvals from the BSE and the NSE for the listing of the equity shares.Mahindra Logistics says Kotak Investment Banking, Axis Capital Ltd are book running lead managers to IPO.  Full Article

Mahindra and Mahindra approves offering of shares of Mahindra Logistics as part of proposed IPO
Friday, 4 Aug 2017 08:39am EDT 

Aug 4 (Reuters) - Mahindra And Mahindra Ltd :Says approved offering of up to 9.7 million shares of mahindra logistics held by co as part of proposed IPO.Filed DRHP for a public offer of up to 19.3 million shares, representing up to 27.49 pct of existing issued and paid-up share capital of MLL.  Full Article

India's Mahindra & Mahindra June-qtr profit down about 20 pct
Friday, 4 Aug 2017 04:06am EDT 

Aug 4 (Reuters) - Mahindra And Mahindra Ltd :June quarter net profit 7.66 billion rupees - TV.Mahindra And Mahindra Ltd consensus forecast for June quarter profit was 8.93 billion rupees.June quarter revenue from operations 123.36 billion rupees versus 119.43 billion rupees last year.The profit alert was first sourced from TV and later confirmed from a company press release on the Bombay Stock Exchange..  Full Article

India's Mahindra & Mahindra July total sales up 5.8 pct
Tuesday, 1 Aug 2017 04:09am EDT 

Aug 1 (Reuters) - Mahindra & Mahindra Ltd :July total sales of 41,747 units versus 39,458 units last year.Says July passenger vehicle sales of 20,962 units versus 17,356 units last year.Says July domestic sales of 39,762 units versus 35,305 units last year.July exports of 1,985 units versus 4,153 units last year.Says July domestic tractor sales of 17,682 units versus 16,452 units last year.  Full Article

Mahindra and Mahindra approves sale of part of shareholding in Mahindra Logistics
Tuesday, 13 Jun 2017 08:11am EDT 

June 13 (Reuters) - Mahindra and Mahindra Ltd :Says approved sale of a part of its shareholding in Mahindra Logistics Limited.  Full Article

India's Mahindra and Mahindra May total sales up 3 pct
Thursday, 1 Jun 2017 03:43am EDT 

June 1 (Reuters) - India's Mahindra and Mahindra Ltd :May total sales of 41895 units versus 40,656 units last year.Says May passenger vehicle sales of 20290 units versus 19,635 units last year.Says May domestic sales of 40602 units versus 36,613 units last year.May exports of 1293 units versus 4,043 units last year.Says May domestic tractor sales of 24575 units versus 22,148 units last year.Given favourable monsoon projections,focused investment in rural sector, co has robust outlook for future which is expecetd to spur demand.  Full Article

BRIEF-India's Mahindra & Mahindra signs two share purchase agreements

* Says signed share purchase agreement for acquiring 100% of share capital of Erkunt Traktor Sanayii A.S.