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Mahindra & Mahindra (M&M) is currently trading at Rs. 467.15, up by 4.05 points or 0.87% from its previous closing of Rs. 463.10 on the BSE.The scrip opened at Rs. 463.00 and has touched a high and low of Rs. 467.90 and Rs. 454.45 respectively. So far 216988 shares were traded on the counter.The BSE group `A` stock of face value Rs. 5 has touched a 52 week high of Rs. 703.80 on 18-Mar-2019 and a 52 week low of Rs. 441.00 on 09-Mar-2020.Last one week high and low of the scrip stood at Rs. 482.25 and Rs. 441.00 respectively. The current market cap of the company is Rs. 56735.24 crore.The promoters holding in the company stood at 19.87%, while Institutions and Non-Institutions held 61.77% and 18.19% respectively.M&M has launched its locally assembled Scorpio pick-up vehicle in Kenya through a partnership with Simba Corporation, a leading commercial organisation in the country which is into motor vehicle sales and service. The two companies are committed to offering commercial and passenger vehicles to their Kenyan customers. The launch of locally assembled pick-ups that are custom built for the Kenyan terrain, is a tangible step forward in this journey. This new initiative will help strengthen brand Mahindra and make it more relevant to Kenyan customers. The launch of these locally assembled pick-ups is a significant step forward for Mahindra in the Kenyan market. M&M is the flagship company of the Mahindra Group, a multinational conglomerate based in Mumbai, India. Amongst the various business interests of its parent group, the company is mainly involved in the automobile manufacturing. It is one of the leading auto companies of India.
Mahindra & Mahindra is currently trading at Rs. 526.95, up by 2.55 points or 0.49% from its previous closing of Rs. 524.40 on the BSE.The scrip opened at Rs. 526.00 and has touched a high and low of Rs. 530.00 and Rs. 524.20 respectively. So far 33630 shares were traded on the counter.The BSE group `A` stock of face value Rs. 5 has touched a 52 week high of Rs. 703.80 on 18-Mar-2019 and a 52 week low of Rs. 502.70 on 11-Dec-2019.Last one week high and low of the scrip stood at Rs. 589.50 and Rs. 522.85 respectively. The current market cap of the company is Rs. 65512.51 crore.The promoters holding in the company stood at 19.87%, while Institutions and Non-Institutions held 61.77% and 18.19% respectively.Mahindra Group is in talks with Korean banks to arrange around 500 billion wons ($430 million) to fund fresh capex for its loss-making Korean subsidiary SsangYong and does not mind roping in a third-party investor as it targets to make the struggling unit profitable by 2022. Mahindra acquired the loss-making SsangYong in 2010 but failed to turn it around since then despite several attempts.M&M is the flagship company of the Mahindra Group, a multinational conglomerate based in Mumbai, India. Amongst the various business interests of its parent group, the company is mainly involved in the automobile manufacturing. It is one of the leading auto companies of India.
The sales for the December 2019 quarter moved down to Rs. 123452.90 millions as compared to Rs. 130703.60 millions during the year-ago period.Net profit of the cmpany stood at Rs. 3065.50 millions for the quarter ended December 2019 a decline of -71.53% from Rs. 10768.10 millions in the same quarter last year.A decline of 18557.70 millions was observed in the OP in the quarter ended December 2019 from 18581.50 millions on QoQ basis. (Rs. in Million) Quarter ended Year to Date Year ended 201912 201812 % Var 201912 201812 % Var 201903 201803 % Var Sales 123452.90 130703.60 -5.55 363440.60 395788.40 -8.17 536140.00 494449.90 8.43 Other Income 2062.50 3409.30 -39.50 13531.00 14522.10 -6.82 16889.70 10363.60 62.97 PBIDT 18557.70 18581.50 -0.13 60163.40 64460.20 -6.67 83285.30 72603.80 14.71 Interest 224.10 249.10 -10.04 797.60 853.00 -6.49 1133.90 1122.00 1.06 PBDT 12328.00 17532.40 -29.68 67030.70 64357.20 4.15 81854.10 75817.90 7.96 Depreciation 5537.30 4735.20 16.94 16390.10 13278.80 23.43 18604.00 14794.20 25.75 PBT 6790.70 12797.20 -46.94 50640.60 51078.40 -0.86 63250.10 61023.70 3.65 TAX 3725.20 2029.10 83.59 12310.90 11606.10 6.07 15289.70 17463.60 -12.45 Deferred Tax 1224.90 0.50 244880.00 3733.60 1768.80 111.08 3498.50 5351.30 -34.62 PAT 3065.50 10768.10 -71.53 38329.70 39472.30 -2.89 47960.40 43560.10 10.10 Equity 5963.10 5954.00 0.15 5963.10 5954.00 0.15 5958.00 5949.70 0.14 PBIDTM(%) 15.03 14.22 5.74 16.55 16.29 1.64 15.53 14.68 5.79
Mahindra & Mahindra is currently trading at Rs. 567.25, up by 8.30 points or 1.48% from its previous closing of Rs. 558.95 on the BSE.The scrip opened at Rs. 562.20 and has touched a high and low of Rs. 570.40 and Rs. 558.80 respectively. So far 29496 shares were traded on the counter.The BSE group `A` stock of face value Rs. 5 has touched a 52 week high of Rs. 708.45 on 07-Feb-2019 and a 52 week low of Rs. 502.70 on 11-Dec-2019.Last one week high and low of the scrip stood at Rs. 587.00 and Rs. 535.20 respectively. The current market cap of the company is Rs. 70528.98 crore.The promoters holding in the company stood at 19.87%, while Institutions and Non-Institutions held 61.77% and 18.19% respectively.Mahindra & Mahindra (M&M) has achieved a new milestone of rolling out 25th lakh vehicle from the Nashik manufacturing facility. The milestone was achieved by the company`s popular Scorpio-brand, which was rolled out from the production.M&M is the flagship company of the Mahindra Group, a multinational conglomerate based in Mumbai, India. Amongst the various business interests of its parent group, the company is mainly involved in the automobile manufacturing. It is one of the leading auto companies of India.
Mahindra & Mahindra is currently trading at Rs. 554.00, up by 6.50 points or 1.19% from its previous closing of Rs. 547.50 on the BSE.The scrip opened at Rs. 547.45 and has touched a high and low of Rs. 557.05 and Rs. 535.20 respectively. So far 58163 shares were traded on the counter.The BSE group `A` stock of face value Rs. 5 has touched a 52 week high of Rs. 708.45 on 07-Feb-2019 and a 52 week low of Rs. 502.70 on 11-Dec-2019.Last one week high and low of the scrip stood at Rs. 589.85 and Rs. 535.20 respectively. The current market cap of the company is Rs. 68968.72 crore.The promoters holding in the company stood at 19.87%, while Institutions and Non-Institutions held 61.77% and 18.19% respectively.Mahindra & Mahindra’s (M&M) step down subsidiary -- Mahindra First Choice Wheels (MFCWL) has invested in CarandBike.com, amongst the top-3 online auto portals in the country, and partly owned by NDTV. Pursuant to this investment, while NDTV will exit the CarandBike portal business, Praveen Loganathan, currently the CEO of CarandBike, will continue to lead the business, which will operate as a independent company.The flagship weekly TV show, The CarandBike Show, anchored by Siddharth Vinayak Patankar, will continue airing on the NDTV network; and any online content around cars and bikes including the latest news will be featured on NDTV.com, the world’s 17th largest news website.M&M is the flagship company of the Mahindra Group, a multinational conglomerate based in Mumbai, India. Amongst the various business interests of its parent group, the company is mainly involved in the automobile manufacturing. It is one of the leading auto companies of India.
Mahindra & Mahindra (M&M) is currently trading at Rs. 582.85, up by 4.55 points or 0.79% from its previous closing of Rs. 578.30 on the BSE.The scrip opened at Rs. 579.50 and has touched a high and low of Rs. 589.85 and Rs. 578.25 respectively. So far 76339 shares were traded on the counter.The BSE group `A` stock of face value Rs. 5 has touched a 52 week high of Rs. 715.00 on 01-Feb-2019 and a 52 week low of Rs. 502.70 on 11-Dec-2019.Last one week high and low of the scrip stood at Rs. 589.85 and Rs. 549.30 respectively. The current market cap of the company is Rs. 72194.92 crore.The promoters holding in the company stood at 19.87%, while Institutions and Non-Institutions held 61.77% and 18.19% respectively.Mahindra & Mahindra’s (M&M) step down subsidiary -- Mahindra First Choice Wheels (MFCWL) has acquired 50.02% of the Equity Share Capital of Fifth Gear Ventures (FGVL) and consequently FGVL has become a subsidiary of MFCWL.MFCWL has acquired FGVL with the objective of expanding its presence in the digital automotive space and seamlessly integrating the online and offline user experience.M&M is the flagship company of the Mahindra Group, a multinational conglomerate based in Mumbai, India. Amongst the various business interests of its parent group, the company is mainly involved in the automobile manufacturing. It is one of the leading auto companies of India.
Mahindra & Mahindra is currently trading at Rs. 525.90, up by 1.70 points or 0.32% from its previous closing of Rs. 524.20 on the BSE.The scrip opened at Rs. 529.00 and has touched a high and low of Rs. 532.00 and Rs. 523.35 respectively. So far 88248 shares were traded on the counter.The BSE group `A` stock of face value Rs. 5 has touched a 52 week high of Rs. 743.00 on 21-Jan-2019 and a 52 week low of Rs. 502.70 on 11-Dec-2019.Last one week high and low of the scrip stood at Rs. 540.95 and Rs. 520.80 respectively. The current market cap of the company is Rs. 65319.81 crore.The promoters holding in the company stood at 19.84% while Institutions and Non-Institutions held 62.27% and 17.90% respectively.Mahindra & Mahindra (M&M) has logged a 22.54 per cent rise in production at 33,888 units in December 2019 as against 27,653 units during the same period a year ago. Passenger vehicles` production stood at 15,282 units in the month of December 2019 as against 12,333 units in December 2018, up by 23.91 per cent. Further, commercial vehicles` production stood at 18,606 units in December 2019 as against 15,320 units in December 2018, up by 21.44 per cent.M&M is the flagship company of the Mahindra Group, a multinational conglomerate based in Mumbai, India. Amongst the various business interests of its parent group, the company is mainly involved in the automobile manufacturing. It is one of the leading auto companies of India.
Mahindra & Mahindra is currently trading at Rs. 534.75, up by 3.30 points or 0.62% from its previous closing of Rs. 531.45 on the BSE.The scrip opened at Rs. 534.40 and has touched a high and low of Rs. 536.90 and Rs. 529.60 respectively. So far 63497 shares were traded on the counter.The BSE group `A` stock of face value Rs. 5 has touched a 52 week high of Rs. 813.95 on 01-Jan-2019 and a 52 week low of Rs. 502.70 on 11-Dec-2019.Last one week high and low of the scrip stood at Rs. 538.80 and Rs. 525.20 respectively. The current market cap of the company is Rs. 66494.67 crore.The promoters holding in the company stood at 19.84%, while Institutions and Non-Institutions held 62.27% and 17.90% respectively.Mahindra & Mahindra (M&M) has reported auto sales performance for December 2019 which stood at 39,230 vehicles, compared to 39,755 vehicles during December 2018, registering a fall of 1.32%. The company’s domestic sales touched 37081 vehicles during December 2019, as against 36690 vehicles in December 2018. Exports for December 2019 stood at 2149 vehicles.In the domestic sales, the Passenger Vehicles segment (which includes UVs, Cars and Vans) sold 15,691 vehicles in December 2019. In the Commercial Vehicles segment, the company sold 16,018 vehicles in December 2019, as against 16,906 vehicles in December 2018. In the Medium and Heavy Commercial Vehicles segment, Mahindra sold 478 vehicles for the month. M&M is the flagship company of the Mahindra Group, a multinational conglomerate based in Mumbai, India. Amongst the various business interests of its parent group, the company is mainly involved in the automobile manufacturing. It is one of the leading auto companies of India.
Mahindra & Mahindra (M&M) is currently trading at Rs. 507.00, up by 1.20 points or 0.24% from its previous closing of Rs. 505.80 on the BSE.The scrip opened at Rs. 510.00 and has touched a high and low of Rs. 511.20 and Rs. 505.45 respectively. So far 30394 shares were traded on the counter.The BSE group `A` stock of face value Rs. 5 has touched a 52 week high of Rs. 814.00 on 21-Dec-2018 and a 52 week low of Rs. 502.85 on 14-Aug-2019.Last one week high and low of the scrip stood at Rs. 531.00 and Rs. 504.50 respectively. The current market cap of the company is Rs. 63330.63 crore.The promoters holding in the company stood at 19.84%, while Institutions and Non-Institutions held 62.27% and 17.90% respectively.Mahindra First Choice Services (MFC Services), the used car services arm of Mahindra & Mahindra (M&M), has accelerated its pace of growth, establishing over 500 multi-brand, four-wheeler and two-wheeler servicing workshops across India. This expansion consolidates the company`s leadership position making it India`s largest chain of multi-brand automobile service workshops.MFC Services has taken the lead in organising the unorganised aftermarket industry in India, with its nationwide network that is present in more than 350 towns, across 26 states. Customers can access its workshops to get Quality Service, Quality Spares, On time delivery and Skilled Technicians, resulting in high customer satisfaction levels.M&M is the flagship company of the Mahindra Group, a multinational conglomerate based in Mumbai, India. Amongst the various business interests of its parent group, the company is mainly involved in the automobile manufacturing. It is one of the leading auto companies of India.
Mahindra & Mahindra (M&M) is currently trading at Rs. 526.45, up by 3.60 points or 0.69% from its previous closing of Rs. 522.85 on the BSE.The scrip opened at Rs. 524.90 and has touched a high and low of Rs. 527.70 and Rs. 521.85 respectively. So far 11196 shares were traded on the counter.The BSE group `A` stock of face value Rs. 5 has touched a 52 week high of Rs. 814.00 on 21-Dec-2018 and a 52 week low of Rs. 502.85 on 14-Aug-2019.Last one week high and low of the scrip stood at Rs. 543.55 and Rs. 521.85 respectively. The current market cap of the company is Rs. 65002.78 crore.The promoters holding in the company stood at 19.84%, while Institutions and Non-Institutions held 62.27% and 17.90% respectively.Mahindra & Mahindra (M&M) has launched its first BS-VI compliant vehicle in the form of its compact SUV, XUV300 with price ranging from Rs 8.30 lakh to Rs 11.84 lakh. The BS-VI version of the XUV300 will be available on all its 1.2 litre turbo petrol offerings. The company is proactively transitioning its mobility portfolio to BS-VI emission standards in a phased manner, well ahead of the statutory timeline of April 1, 2020.M&M is the flagship company of the Mahindra Group, a multinational conglomerate based in Mumbai, India. Amongst the various business interests of its parent group, the company is mainly involved in the automobile manufacturing. It is one of the leading auto companies of India.
Mahindra & Mahindra is currently trading at Rs. 533.20, up by 3.15 points or 0.59% from its previous closing of Rs. 530.05 on the BSE.The scrip opened at Rs. 527.95 and has touched a high and low of Rs. 537.50 and Rs. 523.95 respectively. So far 128673 shares were traded on the counter.The BSE group `A` stock of face value Rs. 5 has touched a 52 week high of Rs. 814.00 on 21-Dec-2018 and a 52 week low of Rs. 502.85 on 14-Aug-2019.Last one week high and low of the scrip stood at Rs. 558.00 and Rs. 523.95 respectively. The current market cap of the company is Rs. 66525.75 crore.The promoters holding in the company stood at 19.84%, while Institutions and Non-Institutions held 62.27% and 17.90% respectively.Mahindra & Mahindra’s (M&M) Farm Equipment Sector (FES) has reported its tractor sales numbers for November 2019. Domestic sales in November 2019 were at 20,414 units, as against 25,159 units during November 2018. Total tractor sales (Domestic and Exports) during November 2019 were at 21,032 units, as against 25,949 units for the same period last year. Exports for the month stood at 618 units.M&M is the flagship company of the Mahindra Group, a multinational conglomerate based in Mumbai, India. Amongst the various business interests of its parent group, the company is mainly involved in the automobile manufacturing. It is one of the leading auto companies of India.
Mahindra & Mahindra (M&M) is currently trading at Rs. 578.95, up by 4.00 points or 0.70% from its previous closing of Rs. 574.95 on the BSE.The scrip opened at Rs. 575.00 and has touched a high and low of Rs. 580.80 and Rs. 572.15 respectively. So far 44666 shares were traded on the counter.The BSE group `A` stock of face value Rs. 5 has touched a 52 week high of Rs. 814.00 on 21-Dec-2018 and a 52 week low of Rs. 502.85 on 14-Aug-2019.Last one week high and low of the scrip stood at Rs. 596.40 and Rs. 570.20 respectively. The current market cap of the company is Rs. 72045.73 crore.The promoters holding in the company stood at 19.84%, while Institutions and Non-Institutions held 62.27% and 17.90% respectively.Mahindra & Mahindra (M&M) has showcased innovative Precision Farming solutions powered by advanced digital technologies for the very first time, at Agritechnica 2019. On display are a Smart Fertilising Solution & a Smart Spraying Solution that translate the power of imagery analytics, artificial intelligence and machine learning into commercial benefits for the small landholder.M&M is the flagship company of the Mahindra Group, a multinational conglomerate based in Mumbai, India. Amongst the various business interests of its parent group, the company is mainly involved in the automobile manufacturing. It is one of the leading auto companies of India.