Latest news about Mahindra & Mahindra
Mahindra & Mahindra
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More news about Mahindra & Mahindra
01Feb 26
M&M Tractor Sales Surge 39.6% to 38,484 Units in January, Beating Estimates
Mahindra & Mahindra achieved strong tractor sales of 38,484 units in January, representing a 39.6% year-on-year increase from 27,557 units in the previous year. The performance exceeded market estimates of 33,600 units by 14.5%, demonstrating robust demand and operational execution. This growth reflects the company's strong market position in the agricultural equipment sector.
01Feb 26
M&M Reports Strong January 2026 Sales of 104,309 Units with 24% YoY Growth
Mahindra & Mahindra delivered strong January 2026 performance across all business segments with total vehicle sales of 104,309 units, marking 24% year-over-year growth. The automotive division achieved 25% SUV growth with 63,510 units sold domestically, while the farm equipment business excelled with 46% tractor sales growth reaching 38,484 units. The trucks & buses division contributed 3,065 vehicles with 40% growth, demonstrating the company's robust market positioning and operational strength across diverse automotive segments.
01Feb 26
SML Mahindra Reports 30% Jump in January Sales to 1,337 Units
SML Mahindra reported impressive January sales of 1,337 units, representing a 30% year-on-year increase from 1,025 units in the previous year. The growth of 312 additional units demonstrates strong market momentum and improved demand for the company's commercial vehicle products, positioning the manufacturer favorably for continued performance.
30Jan 26
Mahindra & Mahindra Executes Rs. 50.01 Crore Block Trade on NSE
Mahindra & Mahindra completed a significant NSE block trade worth Rs. 50.01 crores, involving 149,741 shares at Rs. 3340.10 per share. The transaction represents substantial institutional activity in the automotive sector, executed through NSE's block trading mechanism. Such large-volume trades typically involve institutional investors making strategic portfolio adjustments while maintaining market stability.
27Jan 26
Mahindra Logistics Reports Q3 Consolidated Net Profit of 33 Million Rupees, Reverses Year-Ago Loss
Mahindra Logistics achieved consolidated net profit of 33 million rupees in Q3, reversing previous year's loss of 90 million rupees in the same quarter. This represents a positive swing of 123 million rupees year-over-year, demonstrating significant operational improvement and successful return to profitability.
23Jan 26
Kotak AMC's Harsha Upadhyaya Advises Against Small-Cap Investments Amid Stretched Valuations
Kotak AMC's Harsha Upadhyaya advises investors to avoid small-cap stocks due to valuations 40-45% above long-term averages and weak earnings performance. He recommends focusing on large and mid-cap investments while expecting continued market volatility into 2026. The fund house maintains an underweight position on real estate and anticipates policy continuity in the upcoming Union Budget with sustained focus on defense, renewables, and manufacturing.
23Jan 26
Daily Voice: FIIs won't return till earnings catch valuations; budget capex jump unlikely, says Kotak Life CIO
Kotak Life CIO Radhavi Deshpande expects FIIs to remain cautious until earnings growth aligns with current market valuations, despite India's strong structural growth story. The Union Budget is unlikely to show major capex increases, with growth expected to track nominal GDP, while job creation will remain a key priority through infrastructure and manufacturing initiatives. Recent earnings have been stable but below market expectations, with management commentary remaining cautious about broad-based recovery.
22Jan 26
Tech Mahindra Records ₹54.05 Crore Block Trade on NSE at ₹1,710 Per Share
Tech Mahindra executed a major block trade on NSE worth ₹54.05 crores, involving 316,080 shares at ₹1,710.00 per share. The transaction represents significant institutional investor activity and demonstrates continued market interest in the IT services company's stock through large-volume trading mechanisms.
21Jan 26
Mahindra & Mahindra Transfers 2,796 Equity Shares to Employees Through ESOP Trust
Mahindra & Mahindra Limited transferred 2,796 equity shares from its ESOP Trust to 10 employees on January 21, 2026, following stock option exercises. The largest allocation of 817 shares went to Ketaki Suklikar, with the company notifying major stock exchanges including NSE, BSE, Luxembourg Stock Exchange, and London Stock Exchange in compliance with listing requirements.
21Jan 26
ICICI Securities Maintains Hold Rating on Tech Mahindra with Target Price of ₹1,600
ICICI Securities maintains HOLD rating on Tech Mahindra with ₹1,600 target price following strong Q3FY26 performance under CEO Mohit Joshi. The company targets outpacing large-cap peers in FY27 through improved deal wins, communication vertical growth, and expanding high-value accounts. Tech Mahindra aims for 15% EBIT margin by FY27 end, with ICICI Securities raising EPS estimates by 4% for FY27 and 2% for FY28, though noting the stock has already re-rated to reflect the earnings turnaround.
21Jan 26
Motilal Oswal Maintains BUY Rating on Tech Mahindra with ₹2,350 Target Price
Motilal Oswal maintains BUY rating on Tech Mahindra with ₹2,350 target price following strong Q3FY26 results. The company reported USD 1.6 billion revenue (up 1.7% QoQ), EBIT margin of 13.1% (up 100bp), and adjusted PAT of ₹13.00 billion (up 10.9% QoQ, 34.7% YoY). Deal wins of USD 1,096 million TCV grew 34% QoQ and 47% YoY, supporting the turnaround story.
21Jan 26
Tech Mahindra Hits Fresh 52-Week High After Breaking Consolidation Phase
Tech Mahindra has broken out from a long consolidation phase to achieve a fresh 52-week high, with the stock gaining over 6% weekly and 16% monthly. Technical experts suggest short-term traders could target ₹1,850 levels within 1-2 months, following the breakout above the previous resistance at ₹1,700.
20Jan 26
Mahindra & Mahindra Plans Electric Three-Wheeler Business IPO in 2027, CEO Announces at Davos
Mahindra & Mahindra CEO Anish Shah announced plans to list the electric three-wheeler business in 2027 during an exclusive interview at Davos. The strategic IPO aims to unlock value and fund future growth, with the e3W arm deemed ready for independent scaling. Currently, EVs represent 7% of Mahindra's volumes, targeting 20-30% over time, though infrastructure challenges remain a key bottleneck for broader adoption.
20Jan 26
Prabhudas Lilladher Upgrades Tech Mahindra to Accumulate, Sets Target Price at ₹1,860
Prabhudas Lilladher upgrades Tech Mahindra to 'Accumulate' from 'Hold' with a target price of ₹1,860, driven by strong Q3 performance with 1.7% QoQ revenue growth exceeding estimates. The company secured a $500 million 5-year contract with a European telecom operator and achieved $2.7 billion in 9-month deal TCV, up 44% YoY. The brokerage projects sustained growth with margin improvements of 270bps, 200bps, and 50bps YoY for FY26E-FY28E respectively.
20Jan 26
Tech Mahindra Reports Strong Q3 Results; Deven Choksey Sets Target at ₹1,805
Tech Mahindra delivered strong Q3 results with revenue of ₹1,43,932 million, up 8.3% YoY and exceeding estimates by 4.1%. EBIT surged 40.1% YoY to ₹18,919 million with margins expanding to 13.1% due to operational improvements and the Project 40s efficiency program. PAT declined 6.1% QoQ to ₹11,220 million due to a one-time provision of ₹2,724 million for wage code compliance. Both IT services and BPS segments showed positive growth. Deven Choksey set a target price of ₹1,805 but downgraded rating to "ACCUMULATE" citing recent stock price appreciation.
19Jan 26
Anand Rathi Maintains BUY Rating on Tech Mahindra with Target Price of ₹1,964
Anand Rathi maintains BUY rating on Tech Mahindra with ₹1,964 target price, citing strong Q3FY26 results including 1.7% quarterly revenue growth and EBIT margin expansion to 13.1%. The company secured a $500 million European telecom deal and achieved over $1 billion in quarterly TCV. The brokerage expects growth from telecom, BFSI, manufacturing, and retail segments, noting that Tech Mahindra has addressed previous growth concerns with exceptional performance.
19Jan 26
Mahindra & Mahindra Schedules Q3 FY26 Analyst Meet for February 11, 2026
Mahindra & Mahindra has scheduled its Q3 FY26 analyst meet for February 11, 2026, from 3:30-4:30 PM IST in Mumbai. The hybrid event requires mandatory pre-registration through a dedicated webcast platform, with replay available until March 12, 2026. The company confirmed no unpublished price sensitive information will be shared during the meeting.
19Jan 26
Tech Mahindra to Introduce AI-Specific Pricing Metric Next Quarter, Reports Strong Q3 Performance
Tech Mahindra plans to introduce transparent AI-specific pricing metrics next quarter to better reflect AI value in deals, moving beyond current marketing-focused reporting. The company reported strong December quarter performance with 1.7% sequential revenue growth and ninth consecutive quarter of margin expansion. CEO Mohit Joshi confirmed the turnaround plan remains on track with 15% margin targets while positioning for above-peer growth of 3-5%, marking a significant recovery from FY23 lows.
19Jan 26
Tech Mahindra Records ₹17.13 Crore NSE Block Trade at ₹1,728.30 Per Share
Tech Mahindra Ltd. executed a major NSE block trade involving 99,109 shares at ₹1,728.30 per share, totaling ₹17.13 crores. The transaction represents significant institutional trading activity and demonstrates continued investor interest in the IT services company at the specified price level.
19Jan 26
Tech Mahindra Secures New European Telecom Agreement with Delivery Timeline Set
Tech Mahindra has signed a new telecom agreement in Europe with delivery scheduled for the first half of next financial year. The contract is expected to contribute less than 1.6% to total revenue. The agreement represents continued international expansion in telecom services, though with modest financial impact on the company's overall revenue base.
19Jan 26
Tech Mahindra Targets Faster Growth Than Peers By FY27 With Sector-Specific Outlook
Tech Mahindra has outlined ambitious growth targets for FY27, aiming to outpace industry peers while achieving a 15% EBIT margin. The company expects sector-specific performance with steady BFSI growth, Communications sector targeting 2027 expansion, and High-Tech facing volatility. Europe is set to transition from stability to growth phase supported by a major deal.
19Jan 26
Tech Mahindra Shares Rally 4% on Q3 Results; JPMorgan Upgrades with ₹2,100 Target
Tech Mahindra reported strong Q3 performance with revenue growth of 1.7% in constant currency beating estimates of 0.6%, while EBIT margin improved to 13.1% marking ninth consecutive quarter of expansion. The company achieved record deal wins on last-twelve-month basis, prompting JPMorgan to upgrade the stock to 'Overweight' with ₹2,100 target price citing sustainable growth prospects.
16Jan 26
Tech Mahindra Commits to Organic Growth Strategy Through FY27, Rules Out Major Acquisitions
Tech Mahindra has committed to an organic growth strategy through FY27, ruling out major acquisitions while building on record deal performance and strong pipeline strength. The company maintains confidence in beating peer revenue growth through internal capabilities, supported by strong performance in aerospace and industrial manufacturing despite challenges in technology and entertainment sectors.
16Jan 26
Tech Mahindra Q3: One-Time Charge Impacts Results, FY27 Goals On Track
Tech Mahindra reported Q3 results with revenue of ₹14,393 crore beating estimates despite net profit missing targets due to a ₹2.72 billion one-time charge from new Indian labor laws. The company achieved strong operational performance with deal wins of $1,096 million, ninth consecutive quarter of margin expansion, and remains on track for FY27 goals.
15Jan 26
Tech Mahindra Q3 Preview: Profit and Margins Expected to Improve Quarter-on-Quarter
Tech Mahindra is expected to report strong Q3FY26 results on January 16, 2026, with net profit projected to grow 15.9% QoQ to ₹1,385 crore and EBIT margin expanding to 12.7%. The company has shown consistent margin improvement from 8.5% in Q1FY25 to current levels, while maintaining FY27 guidance for above-industry growth and 15% EBIT margin target.
15Jan 26
Mahindra's SUV Success Earns Nomura Top Pick While Bajaj Auto Faces Cautious Outlook Despite EV Push
Nomura has designated Mahindra & Mahindra as its top automobile sector pick following exceptional booking performance of 93,689 units on day one for the XUV 7XO and XEV 9S models, maintaining a Buy rating with ₹4,355.00 target price. The brokerage projects strong SUV volume growth of 18%, 11%, and 7% over FY26-FY28, with monthly sales targets reaching 65,000 units by FY28. In contrast, Bajaj Auto receives a neutral stance despite launching the affordable Chetak C25 at ₹91,400.00, with Nomura citing limited upside potential given current premium valuations at 21.4 times FY28 earnings.
15Jan 26
Tech Mahindra Q3 Preview: Profit Set to Climb Despite One-Time Labour Code Charges
Tech Mahindra is projected to deliver strong Q3 performance with 40% YoY profit growth and 7% revenue increase, according to brokerage estimates. Sequential revenue growth is expected at 0.4-0.7% in constant currency, driven by BFSI, communications, and enterprise segments. Margin expansion of 40-60 basis points is anticipated through cost optimization and operational efficiencies. Deal wins are projected between ₹4,980-7,470 crores, with focus on telecom vertical recovery and European market traction.
14Jan 26
Mahindra & Mahindra Employees Exercise 50,199 Stock Options Under ESOP Scheme
Mahindra & Mahindra transferred 50,199 equity shares to 50 employees through its Employee Stock Option Trust on January 14, 2026. Ruzbeh Irani received the largest allocation of 19,558 options, while the distribution ranged from 25 to 19,558 options per employee. The company notified all major stock exchanges in compliance with listing requirements.
14Jan 26
Mahindra XEV 9S and XUV 7XO Record 93,689 Bookings Worth Over ₹20,500 Crore
Mahindra & Mahindra achieved 93,689 consolidated bookings for XEV 9S and XUV 7XO SUVs by 2:00 pm on January 14, 2026, generating booking value over ₹20,500 crore. The XEV 9S deliveries begin January 26, 2026, while XUV 7XO deliveries commenced January 14, 2026. This milestone strengthens Mahindra's leadership in India's SUV segment across electric, diesel, and petrol powertrains.
14Jan 26
Mahindra & Mahindra Records 93,689 Bookings for XEV 9e and XUV 7XO Models
Mahindra & Mahindra has recorded 93,689 bookings for its XEV 9e and XUV 7XO models, demonstrating strong consumer demand and successful market positioning. The impressive booking figures highlight the company's ability to generate substantial interest in its latest vehicle offerings and reflect effective product development strategies in the competitive automotive sector.
12Jan 26
Mahindra Lifespace Developers Plans to Apply for KRERA Approval to Change Project Promoter
Mahindra Lifespace Developers has announced plans to apply for KRERA approval to change its project promoter. This regulatory compliance initiative represents a strategic corporate restructuring move within the company's real estate operations, demonstrating commitment to transparency and stakeholder protection.
09Jan 26
Mahindra & Mahindra Establishes Joint Control Over Tech Mahindra Foundation for Enhanced CSR Strategy
Mahindra & Mahindra Limited executed a joint control agreement with Tech Mahindra Limited over Tech Mahindra Foundation on January 9, 2026, establishing equal board representation to align CSR strategies and maximize social impact. TMF, which focuses on education, employability, and disability initiatives, has been classified as an associate of M&M under the Companies Act, 2013, with no changes in shareholding patterns of any entities involved.
09Jan 26
Mahindra & Mahindra December Sales Jump 27% YoY; Production Up 25.4%
Mahindra & Mahindra achieved strong December results with 27% year-on-year growth in total sales to 85,501 units and 25.4% increase in production to 68,992 units, though exports declined 9.3% to 2,849 units. The company also launched electric variants of its XUV 3XO model featuring a 39.4 kWh battery and 285 km range, responding to customer demand for electric powertrain options in its fastest-selling SUV lineup.
09Jan 26
Mahindra & Mahindra Receives Industry-Leading ESG Rating of 69 from SEBI-Registered Provider
Mahindra & Mahindra Limited has been assigned an industry-leading ESG rating of 69 (Strong) by SEBI-registered ESG Risk Assessments & Insights Limited. The rating was determined through an independent annual assessment process using publicly available company data, without direct engagement from the company. The disclosure was made to multiple stock exchanges under regulatory requirements on January 9, 2026.
09Jan 26
Mahindra Q3 Production Jumps 25%, Sales Rise 27% as GST 2.0 Benefits Drive Demand
Mahindra & Mahindra reported strong Q3 performance with production rising 25% to 68,992 units and sales jumping 27% to 85,501 units, driven by sustained demand from GST 2.0 benefits. The revised GST structure reduced tax rates significantly across the SUV portfolio, with entry-level models seeing reductions from 31% to 18% and premium models dropping from 48% to 40%. While domestic performance remained robust, exports declined 9% to 2,849 units during the quarter.
09Jan 26
Motilal Oswal Maintains BUY Rating on Mahindra & Mahindra with ₹4,521 Target Price
Motilal Oswal has reiterated its BUY rating on Mahindra & Mahindra with a target price of ₹4,521, expecting strong growth driven by new model launches. The brokerage projects 14% UV volume CAGR over FY25-28E, with the XUV7XO expected to add 2,000-3,000 incremental monthly units. The company's robust pipeline includes two ICE variants and one EV for FY27, supporting projected revenue, EBITDA, and PAT growth rates of 19%, 18%, and 21% respectively over FY25-28E.
09Jan 26
Mahindra & Mahindra announces senior management changes in HR leadership
Mahindra & Mahindra has announced planned changes in its senior HR leadership, with Mr. Ruzbeh Irani retiring after 19 years as President – Group Human Resources on April 1, 2026, and Mr. Rohit Thakur taking over as Group Chief Human Resources Officer from April 2, 2026. Mr. Thakur brings extensive experience from leadership roles at Accenture, Microsoft India, GE, and startups, with strong academic credentials from SRCC Delhi and XLRI Jamshedpur.
09Jan 26
Motilal Oswal Maintains Buy Rating on Mahindra & Mahindra with Target Price of ₹4,521
Motilal Oswal Securities has reaffirmed its Buy rating on Mahindra & Mahindra with a target price of ₹4,521.00. The maintained positive recommendation reflects the brokerage's continued confidence in the automotive manufacturer's business fundamentals and growth prospects. This rating provides investors with guidance on the stock's potential, suggesting upside potential from current market levels.
07Jan 26
Mahindra Manulife Mutual Fund launches innovation-focused equity scheme
Mahindra Manulife Mutual Fund has launched an innovation-focused equity scheme with NFO period from January 9-23. The fund will invest 80-100% in innovation-themed companies while maintaining flexibility for foreign securities, debt instruments, and alternative investments. The scheme will be managed by Kirti Dalvi and Renjith Sivaram Radhakrishnan, targeting firms with product, process, or service-led innovations across sectors.
06Jan 26
Mahindra XUV 7XO Takes On Three-Row SUV Rivals With Competitive Pricing and Advanced Features
Mahindra & Mahindra launched the XUV 7XO three-row SUV with pricing between ₹13.66-24.11 lakh, featuring powerful 2.0-litre turbo petrol and 2.2-litre diesel engines that outclass rivals like Tata Safari, Hyundai Alcazar, and MG Hector Plus. The vehicle differentiates itself through advanced technology including AdrenoX+ operating system, ChatGPT-enabled Alexa integration, and music-synchronized lighting, positioning it competitively against segment leaders.
06Jan 26
Mahindra Launches XUV 3XO EV at ₹13.89 Lakh, Targets Mass-Market EV Buyers
Mahindra & Mahindra has launched the XUV 3XO EV starting at ₹13.89 lakh, featuring a 39.4 kWh battery with 285 km range and Level 2 ADAS capabilities. The launch follows strong customer demand for an electric variant of their fastest-selling SUV, with nearly 1.80 lakh units sold since April 2024. Deliveries commence February 23, 2026.
05Jan 26
Mahindra unveils XUV 7XO starting at ₹13.66 lakh with breakthrough technology focus
Mahindra & Mahindra has unveiled the XUV 7XO SUV starting at ₹13.66 lakh, featuring five pioneering technology disruptions including the world's first DAVINCI suspension system and India's first ICE SUV with coast-to-coast triple screen. The vehicle incorporates advanced safety features like Level 2 ADAS with dynamic visualization, premium comfort with Boss Mode, and integrated Dolby Atmos and Dolby Vision experience, positioning it as a technology-led offering in the premium SUV segment.
05Jan 26
Mahindra XUV 7XO Officially Launched at ₹13.66 Lakh with ₹415 Crore Investment
Mahindra & Mahindra has officially launched the XUV 7XO SUV starting at ₹13.66 lakh (ex-showroom) with a total investment of ₹415 crore funded through internal accruals. The launch introduces five pioneering tech disruptions including the world's first DAVINCI suspension system, India's first ICE SUV with coast-to-coast triple screen display, and integrated Dolby Atmos and Vision experience. The vehicle will be manufactured at the Chakan facility with 120,000 units annual capacity, with bookings and deliveries starting January 14, 2026.
02Jan 26
Mahindra Group CEO Anish Shah Sets Strategic Vision for 2026 with 'Think Big, Execute Flawlessly' Message
Mahindra Group CEO Anish Shah has outlined a strategic vision for 2026, urging employees to 'think big, do less, and execute flawlessly' while maintaining collaborative and agile approaches. Using the banyan tree analogy, he emphasized staying rooted in core values during growth phases. Despite facing unprecedented uncertainty in 2025, Shah credited employees for helping deliver strong results across all business units, reinforcing the group's resilience mantra.
02Jan 26
Mahindra Lifespace Developers Incorporates Wholly Owned Subsidiary in Mumbai
Mahindra Lifespace Developers has incorporated a wholly owned subsidiary called Mahindra Blossom Developers Limited in Mumbai. This corporate development expands the company's organizational structure and establishes a dedicated entity in Mumbai's strategic real estate market. The new subsidiary operates under complete ownership and control of Mahindra Lifespace Developers.
01Jan 26
Mahindra & Mahindra Reports Record December Sales: 86,090 Total Vehicles
Mahindra & Mahindra delivered exceptional December 2025 performance with 86,090 total vehicle sales representing 25% year-on-year growth. The company achieved record volumes across segments including 50,946 SUVs (23% growth), 30,210 domestic tractors (37% growth), and 2,260 trucks & buses (43% growth), demonstrating strong market position and execution capabilities.
01Jan 26
Mahindra & Mahindra December Auto Sales Rise 23% to 86,000 Units, Beat Estimates
Mahindra & Mahindra achieved strong December auto sales of 86,000 units, marking a 23.26% year-on-year increase from 69,768 units in the previous year. The performance exceeded analyst estimates of 84,400 units by 1,600 units, demonstrating robust demand and effective market execution. This growth reflects the automaker's strong positioning in the competitive Indian automotive sector.
31Dec 25
Anand Mahindra Envisions 'Gold Collar' Skills Revolution in New Year Message to Employees
Anand Mahindra's New Year message celebrates Mahindra Group's record-breaking performance across SUV, farm equipment, and electric vehicle segments while introducing his vision of AI transforming blue-collar work into premium 'gold collar' careers. The Chairman emphasized the Group's evolution from dependable manufacturer to future-ready innovator, announcing his leadership role at Young India Skills University and significant investments in Mahindra University to position India as a global talent leader.
31Dec 25
Tech Mahindra Schedules Q3 FY25 Results Announcement for January 16
Tech Mahindra has scheduled the announcement of its third quarter financial results for January 16. This corporate disclosure will provide stakeholders with important insights into the company's quarterly performance and financial health. The scheduled announcement follows standard quarterly reporting practices and offers investors transparency in the company's operational progress.
30Dec 25
Half of cars sold in South Africa have India connection: Report
Market intelligence firm Lightstone reports that half of cars sold in South Africa in 2025 have India connections, with 49% of passenger vehicles imported from India in the first five months. Mahindra leads through its Pikup series, while 84% of Japanese-branded vehicles sold were manufactured in India, primarily by Maruti Suzuki operations. This represents a dramatic increase from 5% Indian market share in 2009, driven by lower manufacturing costs and established production capabilities.
29Dec 25
Mahindra CEO Anish Shah Bets Big on EVs Over Hybrids
Mahindra & Mahindra Group CEO Anish Shah announced the company's exclusive focus on electric vehicles, rejecting hybrid technology. The strategy centers on 'Born Electric' platforms, designed specifically for electric powertrains. Shah highlighted advantages of this approach, including superior vehicle dynamics, enhanced safety, reduced complexity, lower operating costs, and less maintenance. The company's BE6 Batman Edition SUV sold out rapidly, demonstrating market interest. Mahindra's strategy contrasts with competitors who maintain hybrid options. Shah believes the temporary advantages of hybrids will diminish as charging infrastructure improves.
26Dec 25
Mahindra XUV 7XO Launch Set for January 5, 2026: Features 540-Degree Camera and In-Car Theatre Mode
Mahindra announces the XUV 7XO launch for January 5, 2026, featuring advanced 540-degree camera system and in-car theatre mode. The SUV includes triple-screen dashboard, 16-speaker Harman Kardon audio, and comprehensive design updates with expected pricing around ₹15.00 lakh. Pre-bookings are currently open with engine options expected to include 2.0-litre turbo petrol and 2.2-litre diesel variants.
24Dec 25
MMFS Shares Rally 27% on Strong Q2 Performance and Margin Expansion
Mahindra & Mahindra Financial Services (MMFS) stock has risen 27% in three months, outperforming the ET NBFC index. The surge is attributed to robust Q2 results, particularly in auto financing. MMFS saw a 13% YoY AUM growth and improved net interest margin to 7%. Analysts project continued growth with RoA expected to reach 2.2%-2.5% in the medium term. Brokerage firms have upgraded target prices, with PL Capital setting ₹375 and Motilal Oswal maintaining a buy rating with a ₹400 target.
24Dec 25
M&M Schedules Q3 Financial Results Review for February 11
M&M has scheduled a review of its third quarter financial results for February 11. This announcement provides stakeholders with a clear timeline for quarterly performance assessment and maintains the company's commitment to regular financial reporting practices.
23Dec 25
Tech Mahindra Partners with Noida International Airport to Strengthen Network and Cybersecurity Infrastructure
Tech Mahindra has formed a strategic partnership with Noida International Airport to enhance the airport's network infrastructure and cybersecurity operations. The collaboration aims to establish robust digital infrastructure supporting operational requirements while ensuring enhanced security protocols. This partnership focuses on delivering comprehensive network and cybersecurity solutions, positioning Tech Mahindra as a key technology partner for major infrastructure projects in India.
15Dec 25
Tech Mahindra Sets Up Yabx Technologies in Zambia
Mahindra & Mahindra has established Yabx Technologies Zambia Limited, a new subsidiary focused on providing programming services within Zambia. This strategic move aims to strengthen the company's presence in African markets and cater to the growing demand for digital solutions in the region. The subsidiary will leverage Mahindra & Mahindra's expertise to deliver customized technology services aligned with local market needs.
11Dec 25
Citi Maintains SELL Rating on Tech Mahindra with Target Price of ₹1,290
Citi Research has maintained its SELL rating on Tech Mahindra with a target price of ₹1,290. The continued bearish recommendation reflects the brokerage's cautious outlook on the IT services company's stock performance. This maintained rating indicates Citi's view that the stock may be overvalued at current market levels relative to the ₹1,290 target price.
11Dec 25
Mahindra & Mahindra ESG Rating Corrected to 74 in Latest Assessment
Mahindra & Mahindra has disclosed an ESG rating of 74 assigned by NSE Sustainability Ratings Analytics Limited for FY2024-25. The rating was conducted independently based on publicly available data, and the company has informed all relevant stock exchanges including NSE, BSE, Luxembourg Stock Exchange, and London Stock Exchange as per regulatory compliance requirements.
10Dec 25
Tech Mahindra's Comviva Group Establishes Yabx Technologies Tanzania to Expand African Operations
Tech Mahindra's Comviva Group has established Yabx Technologies Tanzania as a step-down subsidiary to expand software and analytics services across Africa. This strategic initiative positions the company to capitalize on Africa's growing digital economy while providing localized services through a dedicated regional platform. The subsidiary structure enables operational flexibility and localized decision-making while maintaining alignment with Tech Mahindra's global objectives.
08Dec 25
Mahindra & Mahindra Reports November 2025 Production and Sales Figures
Mahindra & Mahindra Limited has submitted its monthly production, sales, and export figures for November 2025 to multiple stock exchanges including NSE, BSE, Luxembourg, and London. The report includes consolidated data from subsidiary companies such as Mahindra Electric Automobile Limited, Mahindra Last Mile Mobility Limited, and SML Isuzu Ltd. It covers various vehicle categories including passenger vehicles, commercial vehicles, three-wheelers, two-wheelers, and exports. The figures are pending independent verification and audit.
08Dec 25
Mahindra Unveils XUV 7XO: A New Chapter in Premium SUVs
Mahindra & Mahindra has announced its latest premium SUV, the XUV 7XO, building on the success of the XUV700 which has over 300,000 owners. The new model, set for world premiere on January 5, 2026, promises superior design, advanced technology, enhanced comfort, and improved performance. The XUV 7XO aims to reinforce Mahindra's leadership in the premium SUV segment, leveraging the strengths of its predecessor while meeting evolving consumer demands in the competitive Indian SUV market.
04Dec 25
Mahindra & Mahindra Divests 3.6% Stake in CIE Automotive for €119 Million
Mahindra & Mahindra (M&M) has sold its 3.6% stake in CIE Automotive S.A. through its Mauritius-based subsidiary. The transaction generated approximately €119 million (₹1,200 crore) for M&M. This divestment could potentially enhance M&M's liquidity, provide funds for new investments, reduce debt, or support research and development initiatives in the automotive sector.
03Dec 25
CARE Ratings Reaffirms AAA Rating for Mahindra & Mahindra's ₹2,173 Crore Bank Facilities
CARE Ratings has reaffirmed its 'AAA' rating with a stable outlook for Mahindra & Mahindra Limited's bank facilities totaling ₹2,173.17 crore. The rating reflects M&M's market leadership across multiple segments, robust financial performance, and strong balance sheet. M&M maintains top positions in tractors, utility vehicles, and light commercial vehicles. The company reported increased total operating income, EBITDA, and net profit. With a cash reserve of ₹30,829 crore and improved gearing ratio, M&M remains net debt-free. Strategic initiatives include acquiring a stake in SML Isuzu Limited and planned investments of ₹37,000 crore over three years for electric platforms and expansion.
01Dec 25
Mahindra & Mahindra Reports Mixed November Sales: Auto Lags, Tractors Surge
Mahindra & Mahindra's November 2025 sales show mixed results. Auto sales grew 17.20% year-on-year to 92,670 units but fell short of the 96,060 estimate. Tractor sales outperformed, growing 32.00% to 44,048 units, surpassing the 36,450 estimate. The auto segment faced challenges while strong agricultural demand boosted tractor sales.
01Dec 25
Tractor Industry Surges Over 15%, Mahindra & Mahindra Poised to Benefit
The Indian tractor industry has shown exceptional growth, recording over 15% increase against initial projections of 0-5%. This surge is primarily driven by strong retail demand from Southern India (Andhra Pradesh and Telangana) and Western India (Maharashtra). The unexpected boom is likely to benefit major players like Mahindra & Mahindra. This growth trend indicates a positive outlook for the agricultural sector, rural economy, and potentially the manufacturing sector.
01Dec 25
SML Isuzu's November Sales Soar 102% Year-on-Year
Mahindra & Mahindra's SML Isuzu division achieved remarkable sales growth in November 2023. The company sold 1,087 units, up from 539 units in November 2022, marking a 102% year-on-year increase. This significant jump in sales indicates strong business momentum for SML Isuzu in the Indian automotive sector.
28Nov 25
Mahindra & Mahindra Invests ₹371.43 Crores for 26% Stake in Gelos Solren, Advancing Renewable Energy Strategy
Mahindra & Mahindra (M&M) has invested ₹371.43 crores to acquire a 26% stake in Gelos Solren Private Limited. The investment aims to meet M&M's captive energy requirements and aligns with its sustainability goals. Gelos Solren plans to develop a hybrid power plant in Maharashtra. The investment represents about 1.05% of M&M's total investments based on its latest financial year data. This strategic move is expected to enhance M&M's energy security, support its sustainability objectives, and ensure compliance with electricity regulations.
27Nov 25
Mahindra & Mahindra Shareholders Approve Appointment of Two New Independent Directors
Mahindra & Mahindra has appointed Ms. Samina Hamied and Mr. Muthu Raju Paravasa Raju Vijay Kumar as Independent Directors through a postal ballot process. Shareholders approved both appointments with high approval rates of 99.56% and 94.15% respectively. The directors will serve from October 7, 2025, to October 6, 2030. This move strengthens M&M's corporate governance structure, bringing fresh perspectives to the board.
27Nov 25
Mahindra Unveils XEV9S: India's First Electric 7-Seater SUV, Starting at ₹19.95 Lakh
Mahindra & Mahindra introduces XEV9S, India's first authentic electric origin 7-seater SUV. Built on the INGLO platform, it offers 6 variants priced between ₹19.95 lakh and ₹29.45 lakh. The SUV features battery options of 59-79 kWh with a maximum range of 500 km. Mahindra plans to invest ₹6,500 crore and increase manufacturing capacity to 120,000 units annually by FY26. Bookings open on January 14, 2026, with deliveries starting January 23, 2026.
21Nov 25
Mahindra & Mahindra Completes Acquisition of Remaining 43% Stake in MBTICM, Simplifying Corporate Structure
Mahindra & Mahindra (M&M) has completed the acquisition of the remaining 43% stake in Mahindra-BT Investment Company (Mauritius) Limited (MBTICM) from BT Holdings Limited for Rs. 66.33 crores. The transaction involves 51,08,400 equity shares at USD 1.4626 per share. This acquisition increases M&M's ownership in MBTICM from 57% to 100%, making it a wholly-owned subsidiary. The move is part of M&M's strategy to simplify its corporate structure and improve operational efficiency. M&M plans to pursue the liquidation of MBTICM in the future.
20Nov 25
Mahindra & Mahindra Shares Worth Rs. 88.61 Crores Traded in NSE Block Deal
Mahindra & Mahindra witnessed a significant block trade on the National Stock Exchange involving 236,407 shares. The transaction was valued at Rs. 88.61 crores, with shares priced at Rs. 3,748.30 each. This block deal indicates substantial institutional or bulk investor activity in M&M's stock. The company is scheduled to hold a Mahindra Group Investor Day in Mumbai, as per their recent LODR filing.
18Nov 25
Mahindra & Mahindra Shares See Significant Block Trades Worth Rs. 269.21 Crores
Mahindra & Mahindra (M&M) experienced significant block trades on the National Stock Exchange (NSE), totaling 727,288 shares valued at Rs. 269.21 crores. The trades occurred within a price range of Rs. 3,701-3,702 per share. M&M recently participated in the CLSA 28th India Forum 2025 in Mumbai, meeting with various funds and investors. The company shared a previously disclosed presentation and emphasized that no unpublished price-sensitive information was shared during the conference.
14Nov 25
Kotak Mahindra Bank to Consider Stock Split Proposal on November 21
Kotak Mahindra Bank's board will meet on November 21 to consider splitting its equity shares, currently valued at Rs 5 per share. This would be the bank's first stock split since 2010. The potential split aims to improve share affordability, enhance liquidity, and broaden the investor base. The final decision and details are yet to be announced.
13Nov 25
M&M Expands Motorsport Presence: Acquires Stake in Mahindra Racing UK
Mahindra & Mahindra (M&M) has acquired a stake in Mahindra Racing UK, strengthening its position in global motorsport. The acquisition aims to leverage engineering expertise, enhance brand visibility through Born Electric (BEV) livery on racing cars, and boost M&M's presence in international racing circuits, particularly in Formula Electric World Championships. Mahindra Racing UK will become a wholly owned subsidiary of Mahindra Overseas Investment Company (Mauritius) Limited, a subsidiary of M&M. Mahindra Racing UK's revenue from operations for the year ended 31st March 2025 was Rs. 357.56 crore.
13Nov 25
Mahindra and Manulife Form 50:50 Life Insurance Joint Venture in India
Mahindra & Mahindra Ltd. (M&M) and The Manufacturers Life Insurance Company (Manulife) have agreed to establish a 50:50 joint venture life insurance company in India, pending regulatory approval. Each company will invest up to Rs 3,600 crores over ten years, with an initial investment of Rs 1,250 crores each in the first five years. The venture aims to leverage M&M's distribution network in rural areas and Manulife's agency capabilities in urban markets. The joint venture will target both rural and urban customers, capitalizing on India's growing life insurance market, which has exceeded US$20 billion in new business premiums and has been growing at a 12% CAGR over the past five years.
10Nov 25
Mahindra & Mahindra Completes ESOP Transfer to Employees on December 23
Mahindra & Mahindra has completed another round of equity share transfers to employees under its ESOP scheme on December 23, 2025. The transfer involved multiple employees exercising their stock options, with the company maintaining full regulatory compliance and transparency by notifying all relevant stock exchanges including international ones.
08Nov 25
Mahindra & Mahindra Reports Strong October Sales Growth and Quarterly Performance
Mahindra & Mahindra's total sales increased by 24.8% year-on-year to 1.18 lakh units in October, with production up 5.7% to 94,637 units. The company's quarterly revenue rose 21.3% to Rs 33,421.60 crore, with net profit up 18% to Rs 4,520.52 crore. SML Mahindra Ltd, in which Mahindra & Mahindra recently acquired a 58.96% stake, reported a 36% increase in sales to 995 units and a 27% increase in production to 1,206 units for October.
07Nov 25
Mahindra & Mahindra Reports Robust Q2 Performance with 28% Profit Growth Across All Segments
Mahindra & Mahindra (M&M) posted strong Q2 results with consolidated profit up 28% year-over-year. The farm business led with 54% profit growth and 32% increase in tractor volumes. Auto segment saw 14% profit growth despite GST transition challenges. Electric SUV penetration reached 8.7% with 30,000 units sold. Mahindra Finance and Tech Mahindra showed 45% and 35% profit growth respectively. M&M completed SML acquisition and maintained strong cash flow despite significant capital expenditure.
06Nov 25
Mahindra Group Aims for Global Top 50, Reports Strong Growth Across Segments
Mahindra & Mahindra announced its goal to become one of the world's top 50 most admired companies. The company reported significant year-on-year growth across divisions, with farm division profits up 54%, Mahindra Finance up 45%, and auto exports increasing by 40%. M&M has allocated ₹30,000-40,000 crore for capital expenditure and R&D over the next three years. The company revised its growth projections, notably increasing tractor segment guidance from 5-7% to 10-12%. M&M expects its Return on Equity to remain steady at around 18%.
05Nov 25
Mahindra & Mahindra Exits RBL Bank, Sells 3.45% Stake for ₹682 Crore
Mahindra & Mahindra (M&M) has sold its entire 3.45% stake in RBL Bank for ₹682 crore through a block deal. The sale price was set at ₹317.00 per share, a 2.1% discount to the current market price. M&M had initially invested ₹417.00 crore in July 2023 at ₹197.00 per share, resulting in a 64% return on investment in about 14 months. This exit aligns with M&M's earlier statements about not planning further investments in RBL Bank, having achieved its goal of understanding the banking sector better.
04Nov 25
Mahindra & Mahindra Raises Tractor Growth Guidance, Reports Strong Market Leadership
Mahindra & Mahindra (M&M) announced robust Q2 results with significant market share gains across segments. The company revised its full-year tractor growth guidance to low double digits. M&M's SUV revenue market share increased by 390 basis points to 25.70%. The company maintained leadership in LCVs under 3.5 tons with a 53.20% market share and in electric 3-wheelers with 42.30%. Tractor market share rose to 43.00%. Consolidated revenue grew 22% to Rs. 46,106.00 cr, while PAT increased 28% to Rs. 3,673.00 cr. The company confirmed no risk from rare earth shortage for the current fiscal year.
04Nov 25
Mahindra & Mahindra Reports 15.8% Profit Growth in Q2 FY26
Mahindra & Mahindra Limited (M&M) reported strong Q2 FY26 results with consolidated profit after tax (PAT) rising 15.8% year-on-year to Rs 3,673.32 crore. Revenue from operations grew 21.7% to Rs 45,885.40 crore. Standalone performance was even stronger, with net profit surging 17.7% to Rs 4,520.52 crore and revenue increasing 21.3% to Rs 33,421.60 crore. The results demonstrate robust growth across both automotive and farm equipment segments.
03Nov 25
M&M Q2 Results Preview: Revenue Growth Expected Despite Margin Pressure
Mahindra & Mahindra is set to announce its Q2 results. Analysts project a 17.2% YoY revenue growth to Rs 33,886 crore, driven by strong demand for passenger vehicles and recovering tractor sales. Net profit is expected to rise by 5.6% to Rs 3,979 crore. However, operating income may decline by 8.7% to Rs 4,811 crore, with margins potentially dropping by 4 percentage points to 14.20%. Challenges include increased discounts, weaker product mix, rising input costs, and pressure from EV segment growth.
03Nov 25
Mahindra & Mahindra Shares Surge 3% on Record October Sales
Mahindra & Mahindra's shares rose 3% to Rs 3,590.00 following announcement of record-breaking October sales. Total vehicle sales, including exports, reached 120,142 units, a 26% year-on-year increase. Domestic SUV sales hit an all-time high of 71,624 units, up 31%. Commercial vehicle sales grew 14% to 31,741 units. Domestic tractor sales increased 12% to 72,071 units. The company attributes growth to new model editions and favorable market conditions. M&M plans to launch its electric SUV, XEV 9S, on November 27. Quarterly results are expected on November 4, with analysts projecting profit between Rs 3,895.00 - 3,996.00 crore and revenue between Rs 33,900.00 - 34,400.00 crore.
01Nov 25
Mahindra & Mahindra Achieves Record-Breaking SUV Sales and Unveils New Electric SUV XEV 9S
Mahindra & Mahindra achieved record-breaking SUV sales with 71,624 units sold domestically, a 31% year-on-year growth. Total automotive sales reached 120,142 vehicles, up 26%. The Farm Equipment Business saw 12% growth in domestic tractor sales. The company also unveiled its new all-electric SUV, the XEV 9S, built on the INGLO platform, with a world premiere scheduled for November 27.
31Oct 25
Mahindra & Mahindra's Aerospace Subsidiary in Australia Voluntarily Liquidated
Mahindra & Mahindra Ltd (M&M) has announced the voluntary liquidation and deregistration of its subsidiary, Mahindra Aerospace Australia Pty Ltd (MAAPL), effective October 30, 2025. The liquidation proceeds amount to AUD 3.03 million (approx. INR 17.12 crores). This move follows M&M's earlier decision to exit the aircraft manufacturing business. MAAPL's contribution to M&M's consolidated revenue and net worth was minimal, at 0.00% and 0.02% respectively. The company has received the de-registration certificate from the Australian Securities & Investment Commission.
29Oct 25
M&M Financial Services Reports 45% Surge in Net Profit, Brokerages Maintain Stable Outlook
Mahindra & Mahindra Financial Services (M&M Financial) reported a 45% increase in net profit to ₹564 crore and a 14.6% rise in net interest income to ₹2,279 crore. The company's loan book grew by 13%, with total disbursements up 3% to ₹13,514 crore. Tractor disbursements jumped 41%, while SME lending increased by 12%. The company maintained stable asset quality with stage 3 loans at 3.9% and provision coverage at 53%. M&M Financial is diversifying beyond vehicle financing, with its non-vehicle loan book growing by 33%. Major brokerages maintain a cautiously optimistic stance, with CLSA rating it 'Outperform' and Morgan Stanley rating it 'Equal-Weight'.
29Oct 25
Mahindra & Mahindra Financial Services Reports 60% Surge in Q2 Net Profit
Mahindra & Mahindra Financial Services, a leading Indian non-banking financial company, has announced strong Q2 results. The company's net profit increased by 60% to 5.89 billion rupees, up from 3.69 billion rupees in the same quarter last year. Revenue also grew by 14.3% to 44.73 billion rupees, compared to 39.13 billion rupees in the previous year. This robust performance indicates the company's strong market position and operational efficiency in the challenging non-banking financial sector.
28Oct 25
Mahindra & Mahindra Transfers 1,234 Equity Shares to Employee Under Stock Option Scheme
Mahindra & Mahindra continues its employee stock option program with the latest transfer of 1,234 equity shares to Jitendra Save on January 7, 2026. This follows an earlier October 2025 transfer of 18,844 shares to 44 employees, demonstrating the company's ongoing commitment to employee welfare and aligning workforce interests with corporate performance through its Employee Stock Option Scheme.
27Oct 25
Kotak Mahindra Bank Reports Mixed Q2 Results: Net Profit Dips, Revenue Rises
Kotak Mahindra Bank's Q2 FY2024 results show a 3.03% increase in revenue to ₹13,600.00 crore, but a 2.69% decrease in net profit to ₹3,253.00 crore compared to Q2 FY2023. The bank's asset quality improved with gross NPA ratio decreasing to 1.39% from 1.48% quarter-on-quarter. Operating profit rose by 17.74% to ₹4,735.70 crore, and other income surged by 184.12% to ₹731.60 crore. However, expenses increased by 27.51% to ₹29,347.50 crore, potentially impacting the bottom line.
24Oct 25
Kotak Mahindra Bank Shares Decline Ahead of Q2 Results; Mixed Performance Expected
Kotak Mahindra Bank is expected to report muted Q2 performance on October 25, with analysts projecting a possible 1.9% to 4.8% year-on-year decline in profit after tax. Net interest income is forecast to grow by 4%, while net interest margins may contract by 9 basis points to 4.56% due to higher deposit costs. Pre-provision operating profit is anticipated to increase by 5% year-on-year, with credit costs easing to around 0.7%.
23Oct 25
Kotak Mahindra Bank Under Scrutiny: Customer Claims Job Loss After Alleged Recovery Agent Misconduct
A Kotak Mahindra Bank customer, Vireshwar Das, claims he lost his job after a bank recovery agent allegedly verbally abused his employer and made threatening statements about his mother. Das, facing financial difficulties due to family medical expenses, including his mother's liver transplant, shared his experience on LinkedIn. The bank's Social Media Escalation Team has acknowledged the complaint and promised to resolve the issue by October 31, offering a settlement with specific payment terms. This incident raises questions about debt collection practices and their impact on customers' lives.
22Oct 25
Tech Mahindra Stock Dips 10% Despite Strong Q2 Performance
Tech Mahindra experienced a 10% stock decline over five trading sessions following its Q2 results announcement on October 14, despite posting better-than-expected numbers. The company's EBIT margin improved to 12.10%, up 100 bps quarter-on-quarter. Total contract value reached $816 million, up 1.5% QoQ and 35.3% YoY. Quarterly revenue remained stable at $1.60 billion. Factors contributing to the stock decline include delayed project ramp-ups, US policy concerns, and downward analyst revisions. Despite the drop, analysts maintain a positive outlook with a 14% potential upside from the current trading price.
22Oct 25
Kotak Mahindra Bank to Review Q2FY26 Results on October 25
Kotak Mahindra Bank will hold a board meeting on Saturday, October 25, to review and approve Q2FY26 financial results. The meeting will consider both standalone and consolidated unaudited financial results. An earnings call is scheduled for 5 p.m. IST on the same day. The trading window for designated persons has been closed since October 1. In the previous quarter, the bank reported a 6% increase in Net Interest Income to Rs 7,259.00 crore, while Profit After Tax decreased by 7% to Rs 3,282.00 crore. Net Advances grew by 15.8% to Rs 4.40 lakh crore. The bank's shares have gained 23.48% year-to-date and 6.93% in the past month.
20Oct 25
Mahindra & Mahindra Executes Significant Block Trade on NSE
Mahindra & Mahindra experienced a significant block trade on the National Stock Exchange (NSE), involving 710,917 shares. The transaction was executed at Rs. 3,673.90 per share, totaling Rs. 261.18 crores. This large-scale trade indicates potential shifts in institutional holdings or strategic moves by major investors, although the specific parties involved were not disclosed. While block trades can influence market sentiment, they don't necessarily reflect broader market trends or the company's fundamental performance.
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