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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)

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 And Mahindra Jan Total Sales Up 32 Pct
Thursday, 1 Feb 2018 12:57am EST 

Feb 1 (Reuters) - Mahindra And Mahindra Ltd ::JAN TOTAL SALES OF 52,048 UNITS VERSUS 39,386 UNITS LAST YEAR.SAYS JAN DOMESTIC SALES OF 49,432 UNITS VERSUS 37,115 UNITS LAST YEAR.JAN EXPORTS OF 2,616 UNITS VERSUS 2,271 UNITS LAST YEAR.SAYS JAN DOMESTIC TRACTOR SALES OF 20,647 UNITS VERSUS 14,776 UNITS LAST YEAR.SAYS JAN TOTAL TRACTOR SALES OF 21,875 UNITS, UP 38 PERCENT.  Full Article

Alba Buys 10 Pct Of CIE Automotive For 303 Mln Euros
Wednesday, 13 Dec 2017 12:58pm EST 

Dec 13 (Reuters) - CORPORACION FINANCIERA ALBA SA ::SAYS BUYS 10 PERCENT OF CIE AUTOMOTIVE AT 23.50 EURO PER SHARE.SAYS CIE AUTOMOTIVE SHARES ACQUIRED FROM ACEK DESARROLLO Y GESTIÓN INDUSTRIAL AND MAHINDRA & MAHINDRA.  Full Article

India's Mahindra & Mahindra Total Sales Up 18 Pct In November
Friday, 1 Dec 2017 03:02am EST 

Dec 1 (Reuters) - Mahindra & Mahindra Ltd ::NOV TOTAL SALES OF 38,570 UNITS VERSUS 32,564 UNITS LAST YEAR.SAYS NOV PASSENGER VEHICLE SALES OF 16,030 UNITS VERSUS 13,198 UNITS LAST YEAR.SAYS NOV DOMESTIC SALES OF 36,039 UNITS VERSUS 29,869 UNITS LAST YEAR.NOV EXPORTS OF 2531 UNITS VERSUS 2,695 UNITS LAST YEAR.SAYS NOV DOMESTIC TRACTOR SALES OF 21,046 UNITS VERSUS 15,918 UNITS LAST YEAR.SAYS NOV TOTAL TRACTOR SALES OF 22,754 UNITS, UP 32 PERCENT.  Full Article

India's Mahindra & Mahindra Q4 profit jumps 70 pct

May 29 India's Mahindra & Mahindra Ltd on Tuesday said fourth-quarter profit surged over 70 percent, slightly above estimates.