News: Mahindra and Mahindra Ltd (MAHM.BO)
30 Jul 2014
Thu, Jul 17 2014
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.
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.
* Analysts say El Nino could affect tractor sales (Adds financial details, company comments, background)
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.
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.
* Says April domestic tractor sales at 19,895, down 10 percent y/y
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
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
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.
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.