News: Mahindra and Mahindra Ltd (MAHM.BO)

MAHM.BO on Bombay Stock Exchange

1,219.10INR
30 Jul 2014
Price Change (% chg)

Rs18.35 (+1.53%)
Prev Close
Rs1,200.75
Open
Rs1,200.75
Day's High
Rs1,224.50
Day's Low
Rs1,200.75
Volume
160,520
Avg. Vol
294,457
52-wk High
Rs1,268.23
52-wk Low
Rs741.20

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Thu, Jul 17 2014

Goldman entity sells 1.9 pct stake in India's Mahindra & Mahindra

MUMBAI, July 17 - Cyprus-based Golboot Holdings, a firm controlled by Goldman Sachs Group Inc sold 11.8 million shares, or a 1.91 percent stake, in Indian auto maker Mahindra and Mahindra Ltd via a block deal on the BSE exchange.

India's Mahindra says no definite plans for Brazil plant

NEW DELHI, June 20 - Mahindra and Mahindra Ltd , India's biggest sports utility vehicle (SUV) maker, said on Friday it had no 'definitive' plans about setting up a manufacturing plant in Brazil, as reported by newspaper.

UPDATE 1-Mahindra's strong tractor sales offset weak SUV demand

* Analysts say El Nino could affect tractor sales (Adds financial details, company comments, background)

India's Mahindra Q4 profit beats estimates on one-time gain

NEW DELHI, May 30 - Mahindra and Mahindra Ltd , India's biggest sports utility vehicle (SUV) manufacturer, posted a better-than-expected fourth-quarter profit as strong tractor sales offset declining sales of its utility vehicles, and also helped by one-off gains.

Mahindra considering $684 mln investment in new India plant

MUMBAI, May 23 - Indian automaker Mahindra and Mahindra Ltd is considering investing about 40 billion rupees ($684 million) in a new factory, a top executive said on Friday, as it readies new models for an anticipated pickup in sales.

BRIEF-India's Mahindra April domestic tractor sales down 10 pct y/y

* Says April domestic tractor sales at 19,895, down 10 percent y/y

TABLE-India's Mahindra April vehicle sales down 12 pct

May 1 - India's Mahindra & Mahindra Ltd's vehicle sales in April: April 2014 April 2013 Pct chg TOTAL SALES 36,274 41,432 -12 DOMESTIC SALES 34,107 39,902 -15 PASSENGER VEHICLES 18,148 20,748 -13 EXPORTS 2,167 1,530 +42 NOTE: Mahindra & Mahindra is India's largest manufacturer of utility vehicles and SUVs. (Reporting by Zeba Siddiqui in MUMBAI; editing by Mali

TABLE-India's Mahindra February sales fall 12 pct - RTRS

MUMBAI, March 1 - India's Mahindra & Mahindra Ltd's vehicle sales in February: Feb 2014 Feb 2013 Pct chg TOTAL SALES 42,166 47,824 -12 DOMESTIC SALES 39,338 44,399 -11 PASSENGER VEHICLES 19,308 23,421 -18 EXPORTS 2,828 3,425 -17 NOTE: Mahindra & Mahindra is India's largest manufacturer of utility vehicles and SUVs. (Reporting by Archana Narayanan; Editin

REFILE-UPDATE 1-Mahindra Q3 profit rises 12 pct as tractor sales soar

MUMBAI, Feb 14 - Mahindra & Mahindra Ltd , India's biggest utility vehicle maker, posted a 12 percent rise in quarterly profit, in line with analyst estimates as strong tractor sales offset slowing demand for passenger and commercial vehicles.

Mahindra, Ssangyong to launch jointly developed engine in 2015

GREATER NOIDA, India - Mahindra and Mahindra Ltd , India's largest utility vehicle maker, and unit Ssangyong Motor Co Ltd will launch their first jointly developed engine in the first quarter of 2015, a senior executive of the Indian company said.

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