M&M to Sell Controlling Stake in Peugeot Motocycles to Mutares
Germany-based Mutares SE & Co will acquire an 80% controlling stake in Peugeot Motocycles, the French subsidiary of Mahindra & Mahindra. The Mumbai-based auto giant...
Tag : Mahindra & Mahindra
M&M Partners with Charge+Zone to Set up EV Charging Infrastructure
On Thursday, Charge+Zone and Mahindra & Mahindra collaborated to set up a network of charging stations for Mahindra’s range of electric SUVs. By the end...
Sensex And Nifty50 Widen Their Gap on Back of Financials, IT And FMCG Stocks
India’s stock market benchmark rose for the first time on Thursday after it began tracking strength in global markets, as investors ignored price pressures cited...
Sensex Closes 305 Points Below Session High in Volatile Trade
India’s stock market benchmark ended volatile on Friday, little changed as losses in oil and gas and IT stocks offset gains in financials and FMCG...
Nifty50 Crosses 17,600 As Markets Start September F&O Series with a Bang
India’s stock benchmark held on to its opening gains after opening gains on Friday, tracking strength in global markets led by industry gains. Nifty50 entered...
M&M Shares Declines Following Q1 Earnings
Mahindra and Mahindra (M&M) released Q1 FY23 earnings on Friday, showing a more than 67 per cent increase in standalone net profit to 1,430 crores...
Sensex Up 200 Points, Nifty50 Tops 17,400 Ahead of RBI Policy Announcement
The Indian equity benchmark opened in the green on the last trading day of the trading week ahead of the Reserve Bank of India’s key...
Nifty50 Falls, 10% Led By 17,500-Point Gain in Financials, IT and Metals Stocks
India’s stock market benchmark opened higher on Thursday, boosted by strength in financial, IT and metals stocks, but the upside was limited by weakness in...
Auto Stocks Up 3% After July Sales Data, Index Hits Record High
Led by Mahindra & Mahindra, auto stocks rose again on Aug. 1, helped by strong monthly sales figures. India’s largest utility vehicle manufacturer secured an...
Mahindra & Mahindra Profit Down 4.5% QoQ, Revenue Up 12%
Mahindra & Mahindra reported on May 28 that standalone net profit fell 4.5% quarter-on-quarter to Rs 1,292 crore in the March quarter. Compared to a...