Mahindra and Mahindra Ltd

This price increase is attributed to rising input cost and increased commodity prices, among other reasons. 'The extent of the price increase will vary across different SUVs and commercial vehicles,' the company said in a statement. The Mahindra 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. The company reported a 19.06% jump in standalone net profit to Rs 2,964.31 crore in Q3 FY25 as compared with Rs 2,489.73 crore in Q3 FY24. Revenue from operations jumped 20.31% YoY to Rs 30,963.76 crore in Q3 FY25. The scrip had declined 1.08% to end at Rs 2799.30 on the BSE. Powered by Capital Market - Live

Mahindra & Mahindra announced that the scheme of amalgamation and arrangement of Fifth Gear Ventures, a wholly owned subsidiary of Mahindra First Choice Wheels (FGVL / transferor company) with Mahindra First Choice Wheels (MFCWL / Transferee Company), a wholly owned subsidiary of Mahindra Holdings (MHL), and their respective shareholders has been approved by the Mumbai Bench of the National Company Law Tribuna1 on 11 February 2025. Accordingly, the scheme has become effective from 15 March 2025 and FGVL has ceased to be a subsidiary of MFCWL and that of MHL and the Company with effect from 15 March 2025.Powered by Capital Market - Live

Mahindra & Mahindra Ltd fell 2.2% today to trade at Rs 2668.2. The BSE Auto index is down 0.37% to quote at 46919.49. The index is down 10.92 % over last one month. Among the other constituents of the index, Bajaj Auto Ltd decreased 0.99% and Exide Industries Ltd lost 0.86% on the day. The BSE Auto index went down 3.03 % over last one year compared to the 0.3% surge in benchmark SENSEX. Mahindra & Mahindra Ltd has lost 16.56% over last one month compared to 10.92% fall in BSE Auto index and 4.52% drop in the SENSEX. On the BSE, 8737 shares were traded in the counter so far compared with average daily volumes of 97771 shares in the past one month. The stock hit a record high of Rs 3276.3 on 10 Feb 2025. The stock hit a 52-week low of Rs 1790 on 15 Mar 2024.Powered by Capital Market - Live

Mahindra & Mahindra Ltd is up for a third straight session in a row. The stock is quoting at Rs 2731.95, up 4.54% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1.3% on the day, quoting at 22369.85. The Sensex is at 73869.34, up 1.2%. Mahindra & Mahindra Ltd has dropped around 12.99% in last one month. Meanwhile, Nifty Auto index of which Mahindra & Mahindra Ltd is a constituent, has dropped around 10.7% in last one month and is currently quoting at 20269.2, up 2.65% on the day. The volume in the stock stood at 22.09 lakh shares today, compared to the daily average of 40.35 lakh shares in last one month. The benchmark March futures contract for the stock is quoting at Rs 2729.25, up 4.01% on the day. Mahindra & Mahindra Ltd is up 38.63% in last one year as compared to a 0.46% fall in NIFTY and a 1.77% fall in the Nifty Auto index.The PE of the stock is 28.47 based on TTM earnings ending December 24.Powered by Capital Market - Live

On a month-on-month basis, Mahindra & Mahindra's (M&M) total auto sales slipped 2.02% in February 2025 compared to 85,432 units sold in January 2024. In the utility vehicles segment, the company sold 50,420 vehicles in the domestic market, registering a growth of 19% YoY and overall, 52,386 vehicles, including exports. The company sold 1,381 units of commercial vehicles (LCV+MHCV) in February 2025, up 23% from 1,125 units sold in February 2024. Three-wheelers (including electric 3Ws) sales grew 4% YoY to 6,395 units in February 2025. Total exports for the month stood at 3,061 vehicles, registering a growth of 99% on YoY basis. Veejay Nakra, President, Automotive Division, M&M, 'In February, we clocked SUV sales of 50,420, a growth of 19% and 83,702 total vehicles, a growth of 15%. This strong performance is a result of a continued positive momentum for our SUV portfolio.' Further, the company's Farm Equipment Sector (FES) announced that its total tractor sales (domestic + exports) during February 2025 were at 25,527 units, up 18% from 21,672 units in February 2024. Domestic tractor sales grew by 19% to 23,880 units in February 2025, compared to 20,121 units sold in February 2024. Tractor exports rose 6% to 1,647 units in February 2025, compared to 1,551 units during the same period last year. Hemant Sikka, President, Farm Equipment Sector, Mahindra & Mahindra, said, 'We have sold 23,880 tractors in the domestic market during February 2025, a growth of 19% over last year. After a good Kharif crop, Rabi crop outlook is also looking positive due to favorable weather conditions. An increase in the agricredit limit, continued government support to increase farmer incomes and a bumper Rabi harvest will help boost tractor demand going forward. In the export market, we have sold 1,647 tractors, at a growth of 6% over last year.' The Mahindra 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. The company reported a 19.06% jump in standalone net profit to Rs 2,964.31 crore in Q3 FY25 as compared with Rs 2,489.73 crore in Q3 FY24. Revenue from operations jumped 20.31% YoY to Rs 30,963.76 crore in Q3 FY25. Powered by Capital Market - Live

On a month-on-month basis, Mahindra & Mahindra's (M&M) total auto sales slipped 2.02% in February 2025 compared to 85,432 units sold in January 2024. In the utility vehicles segment, the company sold 50,420 vehicles in the domestic market, registering a growth of 19% YoY and overall, 52,386 vehicles, including exports. The company sold 1,381 units of commercial vehicles (LCV+MHCV) in February 2025, up 23% from 1,125 units sold in February 2024. Three-wheelers (including electric 3Ws) sales grew 4% YoY to 6,395 units in February 2025. Total exports for the month stood at 3,061 vehicles, registering a growth of 99% on YoY basis. Veejay Nakra, President, Automotive Division, M&M, 'In February, we clocked SUV sales of 50,420, a growth of 19% and 83,702 total vehicles, a growth of 15%. This strong performance is a result of a continued positive momentum for our SUV portfolio.' Further, the company's Farm Equipment Sector (FES) announced that its total tractor sales (domestic + exports) during February 2025 was at 25,527 units, up 18% from 21,672 units in February 2024. Domestic tractor sales grew by 19% to 23,880 units in February 2025, compared to 20,121units sold in February 2024. Tractor exports rose 6% to 1,647 units in February 2025, compared to 1,551 units during the same period last year. Hemant Sikka, President, Farm Equipment Sector, Mahindra & Mahindra, said, 'We have sold 23,880 tractors in the domestic market during February 2025, a growth of 19% over last year. After a good Kharif crop, Rabi crop outlook is also looking positive due to favorable weather conditions. An increase in the agricredit limit, continued government support to increase farmer incomes and a bumper Rabi harvest will help boost tractor demand going forward. In the export market, we have sold 1,647 tractors, at a growth of 6% over last year.' The Mahindra 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. The company reported a 19.06% jump in standalone net profit to Rs 2,964.31 crore in Q3 FY25 as compared with Rs 2,489.73 crore in Q3 FY24. Revenue from operations jumped 20.31% YoY to Rs 30,963.76 crore in Q3 FY25. The counter tumbled 5.21% to end at Rs 2,584 on Friday, 28 February 2025.Powered by Capital Market - Live

Mahindra & Mahindra's  Farm Equipment Sector (FES) announced its tractor sales numbers for February 2025. Domestic sales in February 2025 were at 23880 units, as against 20121 units during February 2024. Total tractor sales (Domestic + Exports) during February 2025 were at 25527 units, as against 21672 units for the same period last year. Exports for the month stood at 1647 units. Commenting on the performance, Hemant Sikka, President - Farm Equipment Sector, Mahindra & Mahindra said 'We have sold 23880 tractors in the domestic market during February 2025, a growth of 19% over last year. After a good Kharif crop, Rabi crop outlook is also looking positive due to favourable weather conditions. Increase in Agri credit limit, continued Government support to increase farmer incomes and a bumper Rabi harvest will help boost tractor demand going forward. In the exports market we have sold 1647 tractors, at a growth of 6% over last year.' Farm Equipment Sector Summary  Feb-25 Feb-24 % change  Domestic         23,880        20,121 19% Exports          1,647          1,551 6% Total         25,527        21,672 18%Powered by Capital Market - Live

Mahindra & Mahindra announced that its overall auto sales for the month of February 2025 stood at 83702 vehicles, a growth of 15%, including exports. In the Utility Vehicles segment, Mahindra sold 50420 vehicles in the domestic market, a growth of 19% and overall, 52386 vehicles, including exports. The domestic sales for Commercial Vehicles stood at 23826.  According to Veejay Nakra, President, Automotive Division, M&M, 'In February, we clocked SUV sales of 50420, a growth of 19% and 83702 total vehicles, a growth of 15%. This strong performance is a result of a continued positive momentum for our SUV portfolio.' Category  Feb-25 Feb-24 Growth  Passenger vehicle sales         50,420        42,401 19% Commercial vehicle & 3-wheeler sales         30,221        28,983 4% Total domestic sales         80,641        71,384 13% Exports           3,061          1,539 99% Total sales         83,702        72,923 15%Powered by Capital Market - Live

Cyient Ltd, Asahi India Glass Ltd, Anant Raj Ltd and PTC Industries Ltd are among the other losers in the BSE's 'A' group today, 21 February 2025.Mahindra & Mahindra Ltd tumbled 6.08% to Rs 2667.55 at 14:47 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 2.15 lakh shares were traded on the counter so far as against the average daily volumes of 69060 shares in the past one month.Cyient Ltd lost 5.70% to Rs 1369.45. The stock was the second biggest loser in 'A' group.On the BSE, 32887 shares were traded on the counter so far as against the average daily volumes of 59899 shares in the past one month.Asahi India Glass Ltd crashed 5.70% to Rs 672. The stock was the third biggest loser in 'A' group.On the BSE, 7634 shares were traded on the counter so far as against the average daily volumes of 5340 shares in the past one month.Anant Raj Ltd dropped 5.23% to Rs 514.5. The stock was the fourth biggest loser in 'A' group.On the BSE, 75040 shares were traded on the counter so far as against the average daily volumes of 2 lakh shares in the past one month.PTC Industries Ltd shed 5.00% to Rs 10032.2. The stock was the fifth biggest loser in 'A' group.On the BSE, 1082 shares were traded on the counter so far as against the average daily volumes of 1039 shares in the past one month.Powered by Capital Market - Live

Mahindra & Mahindra (M&M)'s subsidiaries, Mahindra & Mahindra Financial Services Ltd (MMFSL) and Mahindra Lifespace Developers Ltd (MLDL), have received board approval to raise funds through rights issues. This means existing shareholders will have the opportunity to buy additional shares in proportion to their current holdings. ' MMFSL and MLDL, both part of the Mahindra Group, have received approvals from their boards to raise funds through rights issues. MMFSL plans to raise up to Rs 3,000 crore, while MLDL will target up to Rs 1,500 crore. M&M, as the parent company, has pledged to participate fully in both rights issues by subscribing to its full entitlement. M&M is also willing to purchase additional shares beyond its entitlement, potentially covering any shares that are not taken up by other investors, up to the total issue size. M&M said its board has delegated the authority to certain Principal Officers of the Company inter alia to take a final decision with respect to the Investment in the aforesaid Rights Issue(s) upon receipt of intimation from MMFSL and MLDL regarding the terms and conditions of the respective Rights Issue(s) including the Issue Price. M&M holds 51.15% in MLDL, a real estate developer, and 52.16% in MMFSL, a leading non-banking finance company. The Mahindra 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. M&M reported a 19.06% jump in standalone net profit to Rs 2,964.31 crore in Q3 FY25 as compared with Rs 2,489.73 crore in Q3 FY24. Revenue from operations jumped 20.31% YoY to Rs 30,963.76 crore in Q3 FY25. Powered by Capital Market - Live