Mahindra and Mahindra Ltd

Mahindra Overseas Investment Company (Mauritius) (MOICML), a wholly owned subsidiary of Mahindra & Mahindra, has sold part of its stake representing 3.58% of CIE Automotive S.A (CIE Spain) outstanding shares, for a total consideration of apprx.119 million Euros. CIE Automotive S.A is an associate of MOICML.Powered by Capital Market - Live

Mahindra & Mahindra Ltd rose 0.66% today to trade at Rs 3741. The BSE Auto index is up 0.27% to quote at 62451.95. The index is up 4.17 % over last one month. Among the other constituents of the index, Apollo Tyres Ltd increased 0.33% and Uno Minda Ltd added 0.31% on the day. The BSE Auto index went up 16.27 % over last one year compared to the 5.32% surge in benchmark SENSEX. Mahindra & Mahindra Ltd has added 5.42% over last one month compared to 4.17% gain in BSE Auto index and 1.4% rise in the SENSEX. On the BSE, 2750 shares were traded in the counter so far compared with average daily volumes of 1.33 lakh shares in the past one month. The stock hit a record high of Rs 3796 on 01 Dec 2025. The stock hit a 52-week low of Rs 2360.45 on 07 Apr 2025.Powered by Capital Market - Live

The key equity benchmarks closed slightly lower on Monday, extending their losing streak to a second session, despite India's robust Q2 FY26 GDP growth of 8.2%. Investors are now focused on upcoming IPO activity and the RBI's monetary policy committee (MPC) meeting later this week. The Nifty ended below 26,200 level after touching the day's high of 26,325.80. Auto, metal and IT shares advanced while realty, consumer durables and pharma stocks declined. As per provisional closing data, the barometer index, the S&P BSE Sensex declined 64.77 points or 0.08% to 85,641.90. The Nifty 50 index lost 27.20 points or 0.10% to 26,175.75. Over the last two sessions, the Nifty slipped 0.15%, while the Sensex fell 0.09%. The Nifty 50 and the Sensex hit fresh all-time highs in early trade at 26,325.80 and 86,159.02, respectively, while the Bank Nifty also scaled a new record high of 60,114.30. In the broader market, the S&P BSE Mid-Cap index shed 0.19% and the S&P BSE Small-Cap index rose 0.05%. The market breadth was negative. On the BSE, 1,847 shares rose and 2,400 shares fell. A total of 210 shares were unchanged. Economy: The seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index (PMI) stood at 56.6 in November, comfortably above the neutral mark of 50.0 and its long-run average of 54.2. Falling from 59.2 in October, however, the latest figure highlighted the slowest improvement in operating conditions since February. A softer rise in sales restricted growth of buying volumes and job creation, while positive sentiment towards output prospects slipped to its lowest level since mid-2022. Gross GST collection stood at Rs 170,276 crore in November 2025, registering the growth of 0.7% compared with Rs 169,016 crore in November 2024. Auto Sales Numbers: Mahindra & Mahindra shed 0.69%. The company said that its overall auto sales for the month of November 2025 stood at 92,670 vehicles, a growth of 19% including exports. TVS Motor Company advanced 3.55% after the company registered sales of 519,508 units in November 2025, which is 30% higher as compared with the 401,250 units sold in November 2024. Hyundai Motor India added 2.68% after reporting total sales of 66,840 units in November 2025, up 9.1% year-on-year. Domestic sales stood at 50,340 units last month, a growth of 4.3% from a year earlier, while exports increased 26.9% YoY to 16,500 units. The company said the all-new Hyundai Venue supported its SUV momentum, securing over 32,000 bookings within a month of launch. V.S.T Tillers Tractors rallied 2.58% after the company reported total Power Tiller and Tractor sales of 5,166 units in November 2025, a sharp 129% YoY jump from the 2,251 units sold in November 2024. Ashok Leyland rose 1.45%. The company reported a 29% increase in total commercial vehicle sales to 18,272 units in November 2025, up from 14,137 units sold in November 2024. SML Mahindra hit the 5% upper circuit after the company reported a robust 102% year-on-year (YoY) increase in total sales to 1,087 units in November 2025, compared with 539 units sold in the same month last year. Bajaj Auto added 0.06%. The company reported 8% increase in total auto sales for November 2025, selling 4.53 lakh units as against 4.21 lakh units sold in November 2024. Atul Auto declined 1.71%. The company reported a 20.26% rise in total sales to 3,401 units in November 2025 as against 2,828 units sold in November 2024 Escorts Kubota advanced 0.74% after the company's agri-machinery business division in November 2025 sold 10,580 tractors, registering a growth of 17.9% as against 8,974 tractors sold in November 2024. Stocks in Spotlight: Glenmark Pharmaceuticals shed 0.21%. The company announced that the U.S. Food and Drug Administration (USFDA) has successfully concluded its pre-approval inspection at the company's formulations manufacturing facility in Chhatrapati Sambhajinagar with zero 483 observations. Lenskart Solutions jumped 4.73% after posting strong Q2 numbers. On a consolidated basis, revenue for the quarter stood at Rs 2,096.1 crore, rising 20.8% year-on-year (YoY). Profit after tax (PAT) came in at Rs 103.5 crore, up 19.9% YoY, while the PAT margin moderated slightly by 4 bps to 4.94%. R P P Infra Projects rallied 3.412% after the company announced that it has received a Letter of Acceptance worth Rs 69.36 crore from the Office of the Superintending Engineer, Chennai Circle, Anna Salai, for a new road development project. Wockhardt zoomed 19.24% after the company said that the United States Food and Drug Administration (US FDA) has formally accepted the new drug application (NDA) for its novel, first-in-class antibiotic Zaynich. Arvind Smartspaces added 2.65% after the company has acquired a new residential high-rise project in Vastrapur, Ahmedabad with a total estimated saleable area of approximately 3.6 lakh sq. ft. The said project has top line potential of Rs 400 crore. Global Markets: European shares declined as investors await updates on Ukraine peace talks, with U.S. envoy Steve Witkoff set to meet President Putin and Kremlin officials this week. Most Asian market ended higher on Monday despite China's latest manufacturing PMI data declined to 49.9. China's factory activity unexpectedly contracted in November, according to a private survey released Monday, as soft domestic demand continued to cast a pall over the world's second-largest economy. The RatingDog China General Manufacturing PMI, conducted by S&P Global, dropped to 49.9 in November, from 50.6 in October and 51.2 in September. A reading above the 50 benchmark level suggests an expansion, while one below that indicates contraction. However, the official data released on Sunday showed that China's factory activity had improved slightly in November but remained stuck in contraction for the eighth consecutive month, while services weakened as the boost from earlier holidays faded. The manufacturing purchasing managers' index rose to 49.2, up 0.2 points from October, the National Bureau of Statistics said. On Friday stateside, Wall Street came back from the Thanksgiving holiday for a shortened trading session. The Nasdaq Composite advanced 0.65% to end the day at 23,365.69, scoring its fifth straight day of gains. Meanwhile, the S&P 500 gained 0.54% to settle at 6,849.09. The Dow Jones Industrial Average grew 289.30 points, or 0.61%, to finish at 47,716.42. Traders have begun raising their expectations for lower rates since New York Fed President John Williams said last week that there was room for 'a further adjustment in the near term to the target range for the federal funds rate.' A quarter percentage point cut from the Fed in December would mark the central bank's third in a row after its September and October meetings.Powered by Capital Market - Live

Mahindra & Mahindra announced that its overall sales including exports in the Trucks and Buses business (CV 3.5T) for the month of November 2025 stood at 2232 vehicles, a y-o-y growth of 57%. Mahindra's Trucks & Buses business comprises of Mahindra Trucks & Buses division (MTBD) and SML Mahindra (SML). According to Vinod Sahay, Executive Chairman - SML, President - Aerospace, Defence, Trucks, Buses & CE, M&M, 'The CV industry marked a robust recovery in November buoyed by GST cut leading to improved customer sentiment and increased affordability. Mahindra Truck & Bus business clocked a 57% growth compared to the same month last year aided by improvements across all segments. We expect industry to continue its momentum in coming months.'Powered by Capital Market - Live

Mahindra & Mahindra sold 44,048 tractors in month of November 2025 compared to 33,378 tractors in November 2024, recording a growth of 32%. Total sales include domestic sales of 42,273 tractors (up 33% YoY) and exports of 1,775 tractors (up 9% YoY) during the month. Commenting on the performance, Veejay Nakra, President ' Farm Equipment Business, Mahindra & Mahindra said, 'We have sold 42273 tractors in the domestic market during November 2025, a growth of 33% over last year. This comes on the back of a strong growth of 27% for the festive period of September & October 2025. There is positive sentiment among farmers with record production this kharif season & increase in rabi sowing acreage. Government's progressive measure of GST rate reduction coupled with higher MSP is leading to positive cash flow for farmers & aiding tractor & farm implements demand. In the exports market, we have sold 1775 tractors, a growth of 9% over last year.' Powered by Capital Market - Live

Mahindra & Mahindra reported total sales of 92,670 units in month of November 2025 compared to 78,202 units in November 2024, recording a growth of 19%. Total sales include passenger vehicle sales of 56,336 units (up 22% YoY) and commercial vehicle sales of 33,411 units (up 14%) in November 2025. Total sales include domestic sales of 89,747 units (up 19% YoY) and exports of 2923 units (up 5% YoY). According to Nalinikanth Gollagunta, CEO, Automotive Division, M&M, 'In November, we achieved SUV sales of 56,336 units, a growth of 22%. The total vehicle sales stand at 92,670 units, a 19% year-on-year growth. We also celebrated the one-year anniversary of our Electric Origin SUVs and launched India's first authentic Electric Origin 7-seater SUV ' the XEV 9S - along with the world's first Formula E-themed special edition SUV, the Mahindra BE 6 Formula E Edition.' Powered by Capital Market - Live

In the Utility Vehicles segment, Mahindra sold 56,336 vehicles in the domestic market, a growth of 22% and overall, 57,598 vehicles, including exports. The domestic sales for Commercial Vehicles stood at 24,843, a growth of 17%. The company's Farm Equipment Business has recorded total tractor sales of 44,048 units in November 2025, which is higher by 32% as compared with the tractor sales of 33,378 units registered in the the same period last year. Domestic sales in November 2025 were at 42,273 units as against 31,746 units in November 2024, reflecting a 33% year-on-year growth. Exports for the month stood at 1,775 units, up 9% YoY. Veejay Nakra, president, Farm Equipment Business, Mahindra & Mahindra, said: 'There is positive sentiment among farmers with record production this kharif season & increase in rabi sowing acreage. Government's progressive measure of GST rate reduction coupled with higher MSP is leading to positive cash flow for farmers & aiding tractor & farm implements demand.' Mahindra & Mahindra (M&M) Group enjoys a leadership position in farm equipment, utility vehicles, information technology, and financial services in India. It is the world's largest tractor company by volume. It has a strong presence in renewable energy, agriculture, logistics, hospitality and real estate. On a standalone basis, the company's net profit surged 17.7% to Rs 4,520.52 crore on 21.3% rise in revenue from operations to Rs 33,421.60 crore in Q2 FY26 over Q2 FY25, reflecting broad-based growth across Auto and Farm segments. The scrip shed 0.15% to currently trade at Rs 3752.30 on the BSE. Powered by Capital Market - Live

Mahindra & Mahindra Ltd gained 0.62% today to trade at Rs 3739. The BSE Auto index is up 0.2% to quote at 61430.02. The index is up 1.17 % over last one month. Among the other constituents of the index, Balkrishna Industries Ltd increased 0.57% and Uno Minda Ltd added 0.38% on the day. The BSE Auto index went up 17.45 % over last one year compared to the 10.62% surge in benchmark SENSEX. Mahindra & Mahindra Ltd has added 3.3% over last one month compared to 1.17% gain in BSE Auto index and 1.09% rise in the SENSEX. On the BSE, 2132 shares were traded in the counter so far compared with average daily volumes of 1.36 lakh shares in the past one month. The stock hit a record high of Rs 3780.2 on 12 Nov 2025. The stock hit a 52-week low of Rs 2360.45 on 07 Apr 2025.Powered by Capital Market - Live

Mahindra & Mahindra (M&M) and Manulife today announced that the two companies have entered into an agreement to establish a 50:50 life insurance joint venture, subject to regulatory approval. This new venture will strengthen Mahindra and Manulife's existing footprint in India and underscores their commitment to enhancing the financial wellbeing of customers in one of the world's fastest-growing markets. The vision is to be the #1 life insurance company for rural and semi-urban India, and in serving urban customers through leadership in protection solutions. The joint venture aims to offer long-term savings and protection solutions tailored to the diverse and growing needs of India's population, in line with India's 'Insurance for All' vision by 20471. Combining Mahindra's deep access and extensive distribution in rural and semi-urban areas with Manulife's proven quality agency capabilities catered to urban customers, the joint venture will create long term value by driving customer centricity and leveraging new technologies. Upon regulatory approval, this joint venture will expand on the collaboration between Mahindra and Manulife in India, following the successful launch of Mahindra Manulife Investment Management in 2020. The total capital commitment from each shareholder is up to Rs 3,600 crore (US$400 million), with each shareholder expected to invest Rs 1,250 crores (US$140 million) in the first 5 years. Powered by Capital Market - Live

Mahindra & Mahindra Ltd gained for a third straight session today. The stock is quoting at Rs 3645.1, up 1.78% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0% on the day, quoting at 25598. The Sensex is at 83600.31, up 0.17%. Mahindra & Mahindra Ltd has gained around 4.36% in last one month. Meanwhile, Nifty Auto index of which Mahindra & Mahindra Ltd is a constituent, has gained around 0.85% in last one month and is currently quoting at 26610.05, up 0.35% on the day. The volume in the stock stood at 29.83 lakh shares today, compared to the daily average of 20.18 lakh shares in last one month. The benchmark November futures contract for the stock is quoting at Rs 3656.4, up 1.63% on the day. Mahindra & Mahindra Ltd is up 26.07% in last one year as compared to a 5.78% gain in NIFTY and a 12.14% gain in the Nifty Auto index.The PE of the stock is 33.43 based on TTM earnings ending June 25.Powered by Capital Market - Live