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Mahindra and Mahindra Ltd (MAHM.BO)

MAHM.BO on Bombay Stock Exchange

21 Apr 2017
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Tue, Apr 11 2017

Mahindra & Mahindra, SsangYong to develop electric SUVs by 2020

* Mahindra builds electric cars in India, two-wheelers in the U.S.

BRIEF-Mahindra exec says farm loan waiver by state govts will boost tractor sales in 2017/18

* Exec says India's tractor industry to post double digit sales growth in 2017/18

TABLE-India's Mahindra & Mahindra March vehicle total sales up 6 pct y/y

NEW DELHI, April 2 India's Mahindra & Mahindra Ltd vehicle sales in March: March March Pct change 2017 2016 TOTAL SALES 56,031 52,718 6 DOMESTIC SALES 53,322 48,967 9 PASSENGER VEHICLES 25,352 26,885 -6 COMMERCIAL VEHICLES 22,908 17,438 31 EXPORTS 2,709 3,751 -28 Mahindra & Mahindra is India'

BRIEF-Mahindra & Mahindra Feb total sales down about 2.9 pct

* February total sales of 42714 units versus 44,002 units last year

BRIEF-Mahindra & Mahindra unit enters into share purchase deal with Mahindra Solar One

* Unit entered into share purchase deal with Mahindra Solar One to buy 10,000 equity shares of Mahindra Suryaurja held by MSOPL

BRIEF-Mahindra & Mahindra launches Supro minivan and minitruck

* Says rolls out 4 new products in passenger category and 3 new products in cargo category Source text: http://bit.ly/2kVFT7P Further company coverage:

BRIEF-Mahindra & Mahindra to invest 15 bln rupees in Nasik project

* Says Mahindra to invest Rs. 1,500 crore in Nasik project for next phase of expansion

BRIEF-Mahindra & Mahindra Dec-qtr profit up about 33 pct

* Consensus forecast for Dec quarter profit was 8.69 billion rupees

BRIEF-Mahindra and Mahindra Jan total sales down about 10 pct

* January total sales of 39,303 units versus 43,789 units last year

BRIEF-Mahindra & Mahindra buys 75.1 pct stake in Turkey-based Hisarlar Makina

* Signed share subscription agreement to subscribe up to 75.1 percent share capital of Hisarlar Makina Sanayi ve Ticaret Anonim Sirketi

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