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Mahindra and Mahindra Ltd (MAHM.BO)

MAHM.BO on Bombay Stock Exchange

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Latest Key Developments (Source: Significant Developments)

India's Mahindra And Mahindra Sept Quarter PAT Rises 23.9 Pct
Wednesday, 14 Nov 2018 03:39am EST 

Nov 14 (Reuters) - Mahindra and Mahindra Ltd ::SEPT QUARTER PAT 16.49 BILLION RUPEES VERSUS PAT OF 13.32 BILLION RUPEES LAST YEAR.CONSENSUS FORECAST FOR SEPT QUARTER PROFIT WAS 13.08 BILLION RUPEES.SEPT QUARTER REVENUE FROM OPERATIONS 129.89 BILLION RUPEES VERSUS 121.84 BILLION RUPEES LAST YEAR.SEPT QUARTER EXCEPTIONAL ITEM 1.34 BILLION RUPEES.  Full Article

Mahindra And Mahindra Acquires Mahindra Automotive Mauritius
Tuesday, 6 Nov 2018 06:23am EST 

Nov 6 (Reuters) - Mahindra and Mahindra Ltd ::HAS ACQUIRED 100% STAKE IN MAHINDRA AUTOMOTIVE MAURITIUS LTD.  Full Article

Mahindra & Mahindra Posts 24 Pct Rise In June Domestic Tractor Sales
Monday, 2 Jul 2018 01:38am EDT 

July 2 (Reuters) - Mahindra and Mahindra Ltd ::JUNE DOMESTIC TRACTOR SALES OF 39,277 UNITS VERSUS 31,660 UNITS LAST YEAR.SAYS JUNE TOTAL TRACTOR SALES OF 40,529 UNITS VERSUS 33,093 UNITS LAST YEAR.  Full Article

India's Mahindra & Mahindra To Launch Luxury Car Via New Co In Munich
Friday, 13 Apr 2018 08:04am EDT 

April 13 (Reuters) - Mahindra and Mahindra Ltd ::TO LAUNCH AUTOMOBILI PININFARINA CAR BRAND VIA NEW CO IN MUNICH.SAYS ENTIRE STAKE OF NEWCO WOULD BE HELD BY CO'S UNIT MAHINDRA OVERSEAS INVESTMENT COMPANY MAURITIUS.  Full Article

Mahindra And Mahindra To Collaborate With LG Chem For Li-Ion Battery Technology
Monday, 26 Feb 2018 06:00am EST 

Feb 26 (Reuters) - Mahindra And Mahindra Ltd ::MAHINDRA AND MAHINDRA TO COLLABORATE WITH LG CHEM FOR LI-ION BATTERY TECHNOLOGY; ASSOCIATION TO BE VALID FOR SEVEN YRS.MAHINDRA AND MAHINDRA SAYS LG CHEM WILL DEVELOP UNIQUE CELL EXCLUSIVELY FOR INDIA APPLICATION; WILL SUPPLY LI-ION CELLS BASED ON NMC CHEMISTRY.MAHINDRA AND MAHINDRA SAYS CELLS WILL BE DEPLOYED IN MAHINDRA AND SSANGYONG RANGE OF ELECTRIC VEHICLES.MAHINDRA AND MAHINDRA SAYS LG CHEM WILL ALSO DESIGN LI-ION BATTERY MODULES FOR MAHINDRA ELECTRIC.MAHINDRA AND MAHINDRA SAYS BATTERY MODULE PLANT WITH CAPACITY OF HALF A MILLION BATTERY MODULES PER ANNUM EXPECTED TO GO INTO PRODUCTION IN LAST QUARTER OF FY 2020.  Full Article

Mahindra And Mahindra To Invest In Resfeber Labs
Friday, 23 Feb 2018 03:18am EST 

Feb 23 (Reuters) - Mahindra And Mahindra Ltd ::SAYS AGREEMENT FOR INVESTING IN RESFEBER LABS PRIVATE LIMITED.SAYS TO INVEST UP TO 500.5 MILLION RUPEES FOR SUBSCRIPTION OF SERIES C CCCPS OF RESFEBER LABS.SMARTSHIFT BY CO TO MERGE WITH PORTER BY RESFEBER LABS.PRANAV GOEL WILL BE THE CEO OF MAHINDRA SMARTSHIFT WHILE KAUSALYA NANDAKUMAR WILL WORK AS INTERIM CO-CEO.  Full Article

Mahindra And Mahindra Signed Agreements For Acquisition Of Stake In Carnot Technologies
Wednesday, 21 Feb 2018 06:50am EST 

Feb 21 (Reuters) - Mahindra And Mahindra Ltd ::SIGNED AGREEMENTS FOR ACQUISITION OF STAKE IN CARNOT TECHNOLOGIES.COST OF ACQUISITION IS 60.7 MILLION RUPEES.  Full Article

Mahindra And Mahindra To Make Additional Investment Of Over 5 Bln Rupees For Chakan Plant
Monday, 19 Feb 2018 08:03am EST 

Feb 19 (Reuters) - Mahindra And Mahindra Ltd ::TO MAKE ADDITIONAL INVESTMENT OF OVER 5 BILLION RUPEES FOR ELECTRIC VEHICLES AND ELECTRIC VEHICLE COMPONENTS IN CHAKAN.  Full Article

India's Mahindra & Mahindra Dec-Qtr Profit Up About 12 Pct
Friday, 9 Feb 2018 07:14am EST 

Feb 9 (Reuters) - Mahindra And Mahindra Ltd ::DEC QUARTER PAT 12.16 BILLION RUPEES VERSUS PROFIT OF 10.81 BILLION RUPEES LAST YEAR.MAHINDRA AND MAHINDRA LTD CONSENSUS FORECAST FOR DEC QUARTER PROFIT WAS 9.89 BILLION RUPEES.DEC QUARTER REVENUE FROM OPERATIONS 115.78 BILLION RUPEES VERSUS 118.44 BILLION RUPEES LAST YEAR.SAYS DEC-QUARTER EXCEPTIONAL ITEM 3.86 BILLION RUPEES.SAYS DEC-QUARTER EXCEPTIONAL ITEM PROFIT ON SALE OF CERTAIN LONG-TERM INVESTMENTS IN UNITS, JVS OR ASSOCIATES.  Full Article

Mahindra And Mahindra To Sell Mahindra Sanyo Special Steel Stake Worth 1.46 Bln Rupees
Friday, 9 Feb 2018 12:22am EST 

Feb 9 (Reuters) - Mahindra And Mahindra Ltd ::AGREES TO SELL 2.6 MILLION SHARES HELD BY CO IN MAHINDRA SANYO SPECIAL STEEL FOR 1.46 BILLION RUPEES.SAYS ‍POST SALE, CO'S STAKE IN MAHINDRA SANYO SPECIAL STEEL WILL BE 29 PERCENT AND IT WILL CEASE TO BE CO'S SUBSIDIARY.  Full Article

India's Mahindra & Mahindra Q2 profit rises about 24 pct, beats estimates

Nov 14 India's Mahindra & Mahindra Ltd posted a 23.9 percent rise in quarterly profit on Wednesday, beating street estimates, helped by higher revenue from its automotive segment.