Nifty
Sensex
:
:
17698.15
59462.78
39.15 (0.22%)
130.18 (0.22%)

Automobiles - Passenger Cars

Rating :
71/99

BSE: 500520 | NSE: M&M

1259.45
12-Aug-2022
  • Day's Open
  • Day's High
  • Day's Low
  • Previous Close
  • 1265.00
  • 1268.90
  • 1249.30
  • 1266.20
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  3355489
  •  42157.53
  •  1280.00
  •  671.15

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 156,604.96
  • 18.76
  • 5
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 220,154.53
  • 0.92%
  • 3.20

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 19.45%
  • 0.52%
  • 8.28%
  • FII
  • DII
  • Others
  • 37.94%
  • 28.73%
  • 5.08%

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 2.76
  • -0.42
  • -1.90

EBITDA CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 4.81
  • 1.97
  • 7.53

PAT CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 2.70
  • -5.91
  • 54.80

P:E (Median)

  • 8 Years
  • 5 Years
  • 3 Years
  • 22.80
  • 16.03
  • 19.02

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 2.61
  • 2.35
  • 2.13

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 11.23
  • 11.08
  • 11.24

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Jun 22
Jun 21
Var%
Mar 22
Mar 21
Var%
Dec 21
Dec 20
Var%
Sep 21
Sep 20
Var%
Net Sales
28,412.38
19,171.91
48.20%
25,934.40
21,455.98
20.87%
23,594.46
21,625.95
9.10%
21,469.80
19,226.81
11.67%
Expenses
24,015.65
18,184.44
32.07%
21,656.71
17,571.73
23.25%
19,068.27
18,104.69
5.32%
16,578.30
15,081.14
9.93%
EBITDA
4,396.73
987.47
345.25%
4,277.69
3,884.25
10.13%
4,526.19
3,521.26
28.54%
4,891.50
4,145.67
17.99%
EBIDTM
15.47%
5.15%
16.49%
18.10%
19.18%
16.28%
22.78%
21.56%
Other Income
216.01
196.25
10.07%
281.07
314.83
-10.72%
191.03
241.83
-21.01%
266.16
282.33
-5.73%
Interest
1,218.88
1,300.13
-6.25%
1,222.12
1,402.96
-12.89%
1,211.15
1,516.40
-20.13%
1,284.65
1,589.41
-19.17%
Depreciation
960.48
801.67
19.81%
935.10
850.15
9.99%
919.07
847.08
8.50%
851.66
860.88
-1.07%
PBT
2,451.30
-966.62
-
2,695.27
1,625.13
65.85%
2,792.09
1,253.32
122.78%
2,985.24
1,207.65
147.19%
Tax
533.26
-217.95
-
647.52
342.84
88.87%
725.49
527.59
37.51%
953.70
661.81
44.10%
PAT
1,918.04
-748.67
-
2,047.75
1,282.29
59.69%
2,066.60
725.73
184.76%
2,031.54
545.84
272.19%
PATM
6.75%
-3.90%
7.90%
5.98%
8.76%
3.36%
9.46%
2.84%
EPS
19.74
3.82
416.75%
20.12
9.64
108.71%
17.88
6.35
181.57%
17.36
1.22
1,322.95%

Annual Results

Consolidated Figures in Rs. Crores /

Standalone
Description
TTM
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Mar 14
Mar 13
Net Sales
99,411.04
90,170.57
74,277.78
95,502.34
104,720.68
92,093.95
83,773.05
75,841.42
71,448.00
74,000.93
68,693.49
Net Sales Growth
22.01%
21.40%
-22.22%
-8.80%
13.71%
9.93%
10.46%
6.15%
-3.45%
7.73%
 
Cost Of Goods Sold
58,883.33
51,906.32
38,472.14
38,421.92
60,150.71
53,540.62
50,641.37
45,125.84
42,860.72
44,572.44
41,756.92
Gross Profit
40,527.71
38,264.25
35,805.64
57,080.42
44,569.97
38,553.33
33,131.68
30,715.58
28,587.28
29,428.49
26,936.57
GP Margin
40.77%
42.44%
48.21%
59.77%
42.56%
41.86%
39.55%
40.50%
40.01%
39.77%
39.21%
Total Expenditure
81,318.93
75,590.85
60,666.58
85,359.89
89,514.17
78,867.85
73,038.22
65,758.98
62,682.01
63,880.77
59,579.54
Power & Fuel Cost
-
541.27
429.56
530.92
817.11
733.90
657.06
639.97
786.96
923.38
936.88
% Of Sales
-
0.60%
0.58%
0.56%
0.78%
0.80%
0.78%
0.84%
1.10%
1.25%
1.36%
Employee Cost
-
8,386.74
7,813.26
8,214.82
11,242.08
10,004.62
8,910.63
7,689.40
7,202.49
6,885.94
6,819.07
% Of Sales
-
9.30%
10.52%
8.60%
10.74%
10.86%
10.64%
10.14%
10.08%
9.31%
9.93%
Manufacturing Exp.
-
2,327.16
1,753.96
2,193.17
3,059.66
1,299.70
997.27
1,514.80
2,268.61
2,346.41
2,113.63
% Of Sales
-
2.58%
2.36%
2.30%
2.92%
1.41%
1.19%
2.00%
3.18%
3.17%
3.08%
General & Admin Exp.
-
1,475.14
1,248.24
1,837.71
2,419.91
2,198.18
1,973.62
1,696.72
981.98
987.67
852.51
% Of Sales
-
1.64%
1.68%
1.92%
2.31%
2.39%
2.36%
2.24%
1.37%
1.33%
1.24%
Selling & Distn. Exp.
-
5,150.58
3,995.50
5,251.20
8,080.98
6,190.17
5,010.71
4,694.55
5,013.16
5,015.80
4,166.23
% Of Sales
-
5.71%
5.38%
5.50%
7.72%
6.72%
5.98%
6.19%
7.02%
6.78%
6.06%
Miscellaneous Exp.
-
5,803.64
6,953.92
28,910.15
3,743.72
4,900.66
4,847.56
4,397.70
3,568.09
3,149.13
4,166.23
% Of Sales
-
6.44%
9.36%
30.27%
3.57%
5.32%
5.79%
5.80%
4.99%
4.26%
4.27%
EBITDA
18,092.11
14,579.72
13,611.20
10,142.45
15,206.51
13,226.10
10,734.83
10,082.44
8,765.99
10,120.16
9,113.95
EBITDA Margin
18.20%
16.17%
18.32%
10.62%
14.52%
14.36%
12.81%
13.29%
12.27%
13.68%
13.27%
Other Income
954.27
1,037.64
1,098.46
1,028.69
1,085.61
631.03
730.10
521.05
552.33
505.09
390.78
Interest
4,936.80
5,018.05
6,102.22
6,021.15
5,021.35
3,987.09
3,648.46
3,367.59
3,156.69
2,953.93
2,297.00
Depreciation
3,666.31
3,507.50
3,378.11
3,366.68
3,990.77
3,279.90
2,812.72
2,441.65
2,123.83
2,169.57
2,079.86
PBT
10,923.90
7,091.81
5,229.33
1,783.31
7,280.00
6,590.14
5,003.75
4,794.25
4,037.80
5,501.75
5,127.87
Tax
2,859.97
2,108.76
1,645.81
1,975.61
2,853.99
2,367.73
2,299.73
2,117.53
1,720.02
1,496.22
1,934.63
Tax Rate
26.18%
28.09%
40.43%
322.80%
38.03%
25.69%
42.19%
43.88%
39.88%
25.71%
34.67%
PAT
8,063.93
4,721.53
2,070.75
-915.54
3,948.94
6,403.13
2,798.64
2,302.40
2,348.77
3,836.51
3,615.79
PAT before Minority Interest
6,467.46
5,397.22
2,425.26
-1,363.58
4,650.33
6,850.53
3,151.13
2,708.47
2,592.68
4,323.38
3,645.74
Minority Interest
-1,596.47
-675.69
-354.51
448.04
-701.39
-447.40
-352.49
-406.07
-243.91
-486.87
-29.95
PAT Margin
8.11%
5.24%
2.79%
-0.96%
3.77%
6.95%
3.34%
3.04%
3.29%
5.18%
5.26%
PAT Growth
346.71%
128.01%
-
-
-38.33%
128.79%
21.55%
-1.97%
-38.78%
6.10%
 
EPS
66.80
39.11
17.15
-7.58
32.71
53.04
23.18
19.07
19.46
31.78
29.95

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Mar 14
Mar 13
Shareholder's Funds
47,122.64
41,581.92
39,969.31
39,983.41
36,775.19
29,737.99
26,492.65
25,856.38
23,306.86
19,960.70
Share Capital
556.06
555.15
554.28
543.96
543.13
270.89
270.40
295.70
295.16
295.16
Total Reserves
46,343.12
40,771.89
39,150.07
39,205.53
36,002.73
29,250.27
26,084.75
25,454.09
22,873.00
19,534.08
Non-Current Liabilities
59,274.90
62,646.93
64,045.56
54,935.35
42,194.11
37,908.12
30,795.43
28,894.80
31,290.27
24,770.43
Secured Loans
33,081.05
35,256.11
36,949.07
32,991.47
26,441.28
22,246.00
17,845.54
14,418.48
16,948.51
14,126.12
Unsecured Loans
15,544.01
17,522.26
15,348.98
10,534.70
7,367.90
7,878.51
5,753.24
7,908.55
8,543.24
5,734.14
Long Term Provisions
1,497.99
1,600.88
4,384.13
4,234.64
3,785.68
3,507.04
3,289.61
3,239.95
2,590.12
2,251.63
Current Liabilities
56,288.33
51,446.01
54,009.52
58,609.33
49,149.54
39,832.47
36,643.54
33,732.80
27,558.36
26,103.33
Trade Payables
19,036.55
15,505.79
14,985.35
20,992.17
18,287.34
14,796.87
13,376.49
11,421.27
11,799.84
11,910.63
Other Current Liabilities
30,521.96
29,780.47
26,754.11
25,320.03
17,737.29
13,355.70
14,758.58
12,771.87
10,479.33
8,789.46
Short Term Borrowings
5,369.61
4,646.59
10,217.53
10,541.01
11,325.54
10,121.65
7,077.12
7,177.44
2,780.65
3,368.48
Short Term Provisions
1,360.21
1,513.16
2,052.53
1,756.12
1,799.37
1,558.25
1,431.35
2,362.22
2,498.54
2,034.76
Total Liabilities
172,388.49
164,745.17
165,716.13
161,888.66
136,369.31
113,835.48
99,851.82
94,376.21
87,888.59
76,131.43
Net Block
26,018.49
21,379.68
29,689.27
28,982.74
26,181.90
20,989.01
20,584.71
19,046.74
18,380.96
18,307.34
Gross Block
48,526.15
42,657.87
68,602.29
62,211.37
56,339.26
47,128.47
44,722.83
41,563.17
39,007.56
38,297.30
Accumulated Depreciation
22,452.37
21,203.45
38,913.02
33,228.63
30,157.36
26,139.46
21,480.95
19,942.87
18,073.95
17,726.77
Non Current Assets
97,240.49
92,607.26
101,670.70
92,482.62
77,293.29
65,047.72
55,940.62
54,626.10
48,294.16
41,934.99
Capital Work in Progress
6,702.81
7,872.61
6,856.48
4,759.84
4,269.47
4,278.94
2,371.35
3,032.14
2,191.05
1,631.20
Non Current Investment
19,210.55
18,745.84
12,914.78
12,160.88
10,667.54
9,961.77
8,286.49
7,898.99
5,852.37
4,626.20
Long Term Loans & Adv.
42,170.42
42,200.61
50,064.60
44,569.42
35,087.84
28,914.77
24,587.99
24,510.82
21,748.83
17,302.22
Other Non Current Assets
3,138.22
2,408.52
2,145.57
2,009.74
1,086.54
903.23
110.08
137.41
120.95
68.03
Current Assets
75,148.00
72,137.91
64,045.43
69,406.04
59,076.02
48,787.76
43,911.20
39,750.11
39,594.43
34,196.44
Current Investments
10,849.88
10,031.82
6,295.56
6,107.22
5,350.07
4,700.67
3,316.09
2,128.15
2,229.98
1,814.21
Inventories
11,595.82
9,615.41
11,111.86
12,200.16
9,335.57
8,886.01
9,116.12
8,453.39
8,353.54
8,416.90
Sundry Debtors
6,373.95
6,007.76
6,928.28
8,677.89
8,489.82
7,199.26
5,817.60
5,476.16
5,725.42
5,176.97
Cash & Bank
11,117.61
12,851.99
7,910.90
8,734.91
6,547.60
4,654.03
4,527.55
4,911.83
6,522.79
4,936.54
Other Current Assets
35,210.74
2,379.15
2,458.31
2,152.50
29,352.96
23,347.79
21,133.84
18,780.58
16,762.70
13,851.82
Short Term Loans & Adv.
31,888.91
31,251.78
29,340.52
31,533.36
26,790.70
21,120.94
20,031.05
17,811.80
15,842.14
13,006.56
Net Current Assets
18,859.67
20,691.90
10,035.91
10,796.71
9,926.48
8,955.29
7,267.66
6,017.31
12,036.07
8,093.11
Total Assets
172,388.49
164,745.17
165,716.13
161,888.66
136,369.31
113,835.48
99,851.82
94,376.21
87,888.59
76,131.43

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Mar 14
Mar 13
Cash From Operating Activity
9,247.55
17,908.83
-1,456.93
-4,347.29
681.86
183.09
2,384.76
1,054.86
-243.74
-921.67
PBT
7,091.81
3,039.80
1,798.61
7,280.00
6,590.14
5,003.75
4,794.25
4,037.80
5,501.75
5,127.87
Adjustment
3,422.90
4,547.92
5,975.51
3,832.34
3,568.89
2,907.70
2,801.03
2,415.74
2,584.65
2,535.58
Changes in Working Capital
293.26
12,171.19
-6,974.45
-12,522.23
-6,813.30
-5,723.55
-3,237.99
-3,697.56
-7,055.42
-6,803.94
Cash after chg. in Working capital
10,807.97
19,758.91
799.67
-1,409.89
3,345.73
2,187.90
4,357.29
2,755.98
1,030.98
859.51
Interest Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Tax Paid
-1,560.42
-1,850.08
-2,256.60
-2,937.40
-2,663.87
-2,004.81
-1,972.53
-1,701.12
-1,274.72
-1,781.18
Other Direct Exp. Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Extra & Other Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Cash From Investing Activity
-3,225.82
-18,446.76
-6,894.83
-7,168.17
-5,467.93
-5,875.38
-5,798.54
-4,164.87
-4,489.73
-2,787.61
Net Fixed Assets
-2,426.87
-6,761.61
-3,737.60
-2,931.41
-2,489.03
-2,156.93
-1,443.47
-1,892.71
-2,155.30
-1,209.06
Net Investments
-3,327.20
-1,844.48
2,077.90
-1,433.06
-2,674.57
-4,361.00
-409.24
-1,758.31
453.61
-1,536.11
Others
2,528.25
-9,840.67
-5,235.13
-2,803.70
-304.33
642.55
-3,945.83
-513.85
-2,788.04
-42.44
Cash from Financing Activity
-5,882.60
406.23
6,932.75
13,193.63
6,314.50
6,107.97
2,966.81
1,669.38
5,577.38
4,508.29
Net Cash Inflow / Outflow
139.13
-131.70
-1,419.01
1,678.17
1,528.43
415.68
-446.97
-1,440.63
843.91
799.01
Opening Cash & Equivalents
3,374.59
4,745.03
6,139.00
4,466.63
2,937.49
2,521.72
2,676.12
4,632.88
3,822.84
3,138.88
Closing Cash & Equivalent
3,487.59
3,374.59
4,745.03
6,139.00
4,466.63
2,937.49
2,521.72
2,999.67
4,632.88
3,822.84

Financial Ratios

Consolidated /

Standalone
Description
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Mar 14
Mar 13
Book Value (Rs.)
421.71
372.22
358.16
365.37
336.44
272.45
243.67
217.59
196.12
167.83
ROA
3.20%
1.47%
-0.83%
3.12%
5.48%
2.95%
2.79%
2.84%
5.27%
5.22%
ROE
12.23%
5.99%
-3.43%
12.19%
20.74%
11.28%
10.40%
10.61%
20.12%
20.03%
ROCE
10.38%
8.41%
5.68%
12.31%
15.43%
12.42%
12.43%
12.22%
16.38%
17.81%
Fixed Asset Turnover
2.05
1.38
1.46
1.77
1.80
1.94
1.87
1.86
2.02
2.02
Receivable days
24.21
30.68
29.82
29.92
30.70
26.70
25.62
27.26
25.43
25.96
Inventory Days
41.48
49.16
44.55
37.53
35.66
36.92
39.85
40.90
39.12
38.42
Payable days
110.89
128.04
139.99
63.05
62.62
58.87
57.38
53.94
53.07
54.61
Cash Conversion Cycle
-45.20
-48.20
-65.62
4.40
3.73
4.74
8.09
14.22
11.48
9.78
Total Debt/Equity
1.59
1.89
2.08
1.78
1.53
1.65
1.58
1.47
1.52
1.45
Interest Cover
2.50
1.67
1.10
2.49
3.31
2.49
2.43
2.37
2.97
3.43

News Update:


  • M&M launches new Jeeto Plus CNG ‘CharSau’
    10th Aug 2022, 16:00 PM

    New Jeeto Plus CNG CharSau has been developed to cater to the evolving last-mile connectivity and logistics needs of transporters

    Read More
  • Mahindra & Mahindra launches Bolero ‘MaXX Pik-Up’
    10th Aug 2022, 12:45 PM

    The company unveiled the brand with the launch of the Bolero MaXX PikUp City 3000 at an introductory price of Rs 7.68 lakh onwards

    Read More
  • M&M reports consolidated net profit of Rs 2,361 crore in Q1
    5th Aug 2022, 15:28 PM

    Total consolidated income of the company increased by 47.81% at Rs 28,628.39 crore for Q1FY23

    Read More
  • Mahindra & Mahindra - Quarterly Results
    5th Aug 2022, 12:37 PM

    Read More
  • M&M’s Farm Equipment Sector reports 15.85% fall in domestic sales in July
    2nd Aug 2022, 16:40 PM

    Exports for the month stood at 1,623 units

    Read More
  • M&M reports 33% sales growth in passenger vehicles segment in July
    1st Aug 2022, 17:00 PM

    Exports for the month were at 2798 vehicles

    Read More
  • Mahindra & Mahindra opens bookings for All-New Scorpio-N on July 30
    30th Jul 2022, 11:27 AM

    Bookings will be accepted on ‘first come first serve’ basis

    Read More
  • M&M’s Swaraj Tractors launches 744XT in 50 HP category in Nepal
    25th Jul 2022, 17:16 PM

    This tractor also comes with an industry leading 6-year warranty, guaranteeing absolute peace of mind

    Read More
  • M&M wins four awards for Swaraj Tractors
    25th Jul 2022, 16:29 PM

    At ITOTY 2022, Swaraj tractors was recognized as India’s fastest growing tractor manufacturer

    Read More
  • M&M collaborates with Visteon Corporation, Qualcomm Technologies for new Scorpio-N
    25th Jul 2022, 15:51 PM

    The Scorpio-N features a 17.78 cm colour Driver Information Display and 20.32 cm infotainment system with navigation

    Read More
  • M&M wins four awards for Mahindra Tractors
    25th Jul 2022, 11:17 AM

    Launched last year, the MAHINDRA 575 DI XP PLUS was the highest selling tractor in 2022

    Read More
  • M&M unveils introductory prices for Automatic and 4WD variants of Scorpio-N
    22nd Jul 2022, 16:23 PM

    Bookings for the All-New Scorpio-N will open online and simultaneously at Mahindra dealerships from July 30, 2022

    Read More
  • M&M inks agreement to acquire stake in Sampo Rosenlew Oy
    19th Jul 2022, 09:18 AM

    Consequently, Sampo would become a wholly owned subsidiary of the company

    Read More
  • M&M gets nod to incorporate subsidiary to undertake 4 Wheel Passenger Electric Vehicles Business
    8th Jul 2022, 12:44 PM

    The Board of Directors of the Company at its meeting held on July 07, 2022 has approved the same

    Read More
  • M&M’s Farm Equipment Sector registers 13% fall in India tractor sales during June
    2nd Jul 2022, 11:17 AM

    Domestic sales in June 2022 were at 39825 units, as against 46875 units during June 2021

    Read More
  • M&M sells 54096 vehicles in June 2022
    2nd Jul 2022, 10:53 AM

    In the Commercial Vehicles segment, the company has sold 20431 vehicles in June 2022

    Read More
  • Mahindra & Mahindra receives Global NCAP ‘Safer Choice’ Award for XUV700
    28th Jun 2022, 12:29 PM

    This achievement is even more special for Mahindra as it won this award two times in a row

    Read More
  • Mahindra & Mahindra launches all-new 'Scorpio-N'
    28th Jun 2022, 09:48 AM

    The All-New Scorpio-N is completely new ground-up, with no carryover components of the existing Scorpio

    Read More
  • M&M’s arm rolls out 300,000th tractor from manufacturing facility in Telangana
    23rd Jun 2022, 14:30 PM

    The plant also caters to over 60 markets, including advanced markets of U.S., Japan and Europe

    Read More
  • Mahindra & Mahindra’s arm launches new Alfa CNG passenger, cargo three-wheeler variants
    9th Jun 2022, 17:00 PM

    The Alfa passenger DX is priced at Rs 2,57,000

    Read More
  • Mahindra & Mahindra reports 5% growth in exports of vehicles during May
    1st Jun 2022, 15:30 PM

    Exports for the month were at 2028 vehicles as against 1935 units in May 2021, a growth of 5%

    Read More
  • M&M’s Farm Equipment Sector registers 50% growth in domestic sales during May
    1st Jun 2022, 14:45 PM

    Domestic sales in May 2022 were at 34153 units, as against 22843 units during May 2021

    Read More
  • M&M to sell 2.76% stake in TVS Automobile Solutions
    31st May 2022, 10:23 AM

    The sale is expected to be completed by June 22

    Read More
  • M&M to incur capital expenditure of Rs 15,300 crore in auto, farm equipment, EV businesses
    31st May 2022, 09:28 AM

    This is significantly higher than the capex done by the company in the recent past

    Read More
  • M&M to launch fully electric version of XUV 300 SUV in Q1 2023
    30th May 2022, 14:45 PM

    The company will unveil its electric vehicle business strategy, 'Born Electric Vision' of EV concept in August this year

    Read More
  • Mahindra & Mahindra reports 60% rise in Q4 consolidated net profit
    30th May 2022, 14:29 PM

    Total consolidated income of the company increased by 20.42% at Rs 26215.47 crore for Q4FY22

    Read More
  • Mahindra & Mahindra launches 'New Bolero City Pik-Up' in West Bengal
    27th May 2022, 14:30 PM

    The New Bolero City Pik-Up is available at an attractive price of Rs 7.96 Lakh (ex-showroom, Kolkata)

    Read More
  • M&M introduces New Bolero City Pik-Up in Maharashtra
    27th May 2022, 11:29 AM

    The New Bolero City Pik-Up is available at an attractive price of of Rs. 7.97 Lakh (ex-showroom, Mumbai)

    Read More
  • M&M inks pact with Repos Energy
    25th May 2022, 14:58 PM

    Mahindra's range of light and the intermediate commercial vehicle come with their inherent advantages to make it a perfect fit for fuel Bowser operation and ensure profitability

    Read More
  • M&M eyeing to explore sourcing more components from other companies to boost EV portfolio: Report
    24th May 2022, 15:51 PM

    Mahindra had over time focussed on developing EV components in-house

    Read More

Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.