New SUVs, normal rains to drive M&M stockAccording to brokerage CLSA, M&M’s SUV market share increased by 340 basis points to 19.2% in FY22. Given the slated launch of Scorpio N in...
Nandigram diary 2: Field trip to a school townThe ‘A+L+M+B+M+M’ on the wall seems to hold some kind of mystical clue to what infleuntial cleric Abbas Siddiqui – who said on Thursday tha...
Tractors to give M&M the traction in medium termApart from domestic traction, the global market, too, offers growth opportunities.
It’s rain & gain for M&M; tractors to drive earningsM&M’s management has forecast tractor volume growth of 10-12 per cent for the current fiscal.
- Buy Mahindra & Mahindra Ltd. target Rs 1525: Sharekhan
Buy Mahindra & Mahindra Ltd. at a price target of Rs 1525.
M&M turns to non-tractor units to offset slowdownCo to raise the share of biz to 20% of the total farm equipment services income by FY19.
Better farm pricing, rural recovery to power Mahindra & MahindraThe stock is trading at 13 times its FY18 projected earnings for the core automotive business, a valuation that compares with the sector av...
Expected spike in profit, rise in rural demand make M&M stock analysts' top pickWith a 565 basis point increase in EBITDA margin on a quarter-on-quarter basis, Mahindra and Mahindra’s farm equipment division did extreme...
We have had a very good September month growth at 70%: Rajesh Jejurikar, M&M"We are hopeful of a very good festive month. All the indicators are very positive for a good momentum"
- Neutral on Mahindra & Mahindra, target Rs 1472: Motilal Oswal
The May 2016 volumes grew by 14.2 per cent YoY to 63,674 units (v/s est 67,300 units), primarily led by continued recovery in tractors, alo...