Mahindra & Mahindra achieved record SUV sales in FY25, totaling 551,487 units. The company leads the Indian SUV market and is expanding its electric vehicle lineup, attracting new customers. Analysts remain optimistic about its future performance despite recent stock fluctuations.
3 min read14 Apr 2025Tesla’s India launch: D-Street brokerage Elara Securities Ltd has upgraded M&M stock to ‘buy’ from ‘accumulate’ and eyes a potential upside of 37 per cent from the current levels.
4 min read26 Feb 2025Top stocks to buy for long term: Pankaj Pandey from ICICI Securities identifies five stocks, including L&T and M&M, with solid growth potential and attractive valuations.
4 min read25 Feb 2025Indian auto stocks faced heavy selling on February 21, with the Nifty Auto Index falling 2.9% to a 10-month low. Most constituents are trading negatively, and the index has lost 7.71% in the last 14 sessions.
3 min read21 Feb 2025M&M Chairman Anand Mahindra revealed how he plans to stay ‘relevant’ if he faces competition from international MNCs like Elon Musk’s Tesla, in a post on the social media platform X.
2 min read18 Feb 2025Mahindra & Mahindra shares rose 2.5% to a record high on February 10 after strong Q4 earnings. Brokerages, including Jefferies and Goldman Sachs, maintained bullish ratings, with target prices of ₹4,075 and ₹3,800, indicating significant upside potential.
2 min read10 Feb 2025The Thar and XUV 700 SUV maker gave fewer discounts than its peers during the festival period around November, which usually sees the highest automotive sales in India, its top management told media.
3 min read7 Feb 2025Mahindra & Mahindra reported a consolidated net profit of ₹3,180.58 crore for Q3FY25, up 19.64% YoY. Revenue rose 17.74% to ₹41,464.98 crore, driven by strong performances in auto and farm segments. Tech Mahindra also improved EBIT by 480 bps.
1 min read7 Feb 2025Auto stocks outperformed volatility in early January, driven by strong December sales, particularly in passenger vehicles. Maruti Suzuki led with double-digit growth. Analysts remain positive on the sector, boosting stock prices, with the Nifty Auto Index rising 5.12% over three sessions.
2 min read6 Jan 2025Buy or sell: Sumeet Bagadia recommends three stocks to buy on Monday — Can Fin Homes, Dr Reddy’s Laboratories, and Mahindra & Mahindra
4 min read28 Dec 2024The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared