Shah Rides SUVs To Drive M&M's Top Line
Emphasis on 'capital allocation discipline' and robust performance by auto business help company post 18.4% RoE in FY24.
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October 2024
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Mahindra surpasses Tata to become India’s 3rd biggest carmaker
M&M sold just 39 fewer cars than the country's second-largest carmaker Hyundai Motor India in September.
'False and baseless': M&M, Dr Reddy's, Pidilite Industries respond to Cong charges against Madhabi Buch
Mahindra & Mahindra says the company has not, at any point, requested SEBI for any "preferential treatment"; says Buch's husband joined its unit 3 years before she was appointed SEBI chief
Carmakers calibrate dispatches amid inventory pile-up at dealerships
The passenger vehicle industry is estimated to have clocked wholesales of 350,000-355,000 units in August
M&M Q1 profit drops 5% to ₹2,613 crore
Revenue from operations jumped 12% year-on-year to ₹27,039 crore.
Companies should increase private investment: Anand Mahindra
Private investment as a percentage of GDP has been falling to a worrisome level from 2011-12 onwards, says Anand Mahindra
Tata, Mahindra see no logic in incentivising hybrids
Homegrown automakers say comparing the Indian EV market with the rest of the world isn't right.
M&M shares hit 52-week high on strong Q4; here's what analysts say
The country’s largest SUV manufacturer plans to invest ₹12,000 crore in its electric vehicle unit Mahindra Electric Automobile Limited (MEAL).
Mahindra Q4 profit up 4% to ₹2,754 cr; to invest ₹12,000 cr in EV unit
M&M says funds to be invested in the next 3 yrs; adds that it’s not looking to raise additional capital
M&M shares hit new all-time high on XUV 3XO launch
The shares of M&M gained 5% to scale a fresh all-time high of ₹2,166, while the market capitalisation climbed to ₹2.68 lakh crore.
