hero motocorp share price: Hero MotoCorp’s market cap reaches Rs 1 lakh crore

hero motocorp share price: Hero MotoCorp’s market cap reaches Rs 1 lakh crore

New Delhi: The country’s largest two-wheeler maker Hero MotoCorp’s market cap reached Rs 1 lakh crore for the first time on Tuesday as its stock crossed the Rs 5,000 mark. Hero’s stock has surged 85.42% in the last 12 months and 21.8% so far this year. Investors have been upbeat on the stock on the … Read more

Mahindra, Tata Motors receive record patent approvals in FY24

Mahindra, Tata Motors receive record patent approvals in FY24

Domestic automobile majors Mahindra & Mahindra and Tata Motors have received a record number of patent approvals for a wide spectrum of product and process innovations in the last financial year. Mahindra & Mahindra (M&M) received 674 approvals, its best-ever annual performance, while Tata Motors also witnessed the grant of 333 patents during the 2023-24 … Read more

Mahindra & Mahindra: Mahindra sales up 13% in April at 70,471 units

Mahindra & Mahindra: Mahindra sales up 13% in April at 70,471 units

Mahindra & Mahindra on Thursday said its total wholesales increased 13 per cent year-on-year to 70,471 units in April as compared to the same month last year. The company’s total dispatches to its dealers stood at 62,294 units in April 2023. The Mumbai-based auto major’s passenger vehicle sales in the domestic market rose 18 per … Read more

Mahindra SUV price: M&M cruises through SUV opportunity to emerge as category revenue leader

Mahindra SUV price: M&M cruises through SUV opportunity to emerge as category revenue leader

The increasing popularity of SUVs in the country has made Mahindra & Mahindra one of the biggest gainers in the Indian automotive sector.Just a few years ago, M&M faced challenges with only the previous-generation Scorpio as its flagship product. However, it has since managed to reverse its fortunes and become the top revenue earner in … Read more

Mahindra SUV: M&M wants to be among top 2 players in compact SUV section in next three years

Mahindra SUV: M&M wants to be among top 2 players in compact SUV section in next three years

Mahindra & Mahindra Ltd on Monday said it wants to be among the top two players in the compact SUV section in the next three years. At the unveiling of its compact SUV here on Monday, M&M Executive Director and CEO for auto and farm director Rajesh Jejurikar also said that the company anticipates growth … Read more

Mahindra XUV 3XO: Mahindra XUV 3XO: Expected design specs, pricing, and other details unveiled ahead of launch

Mahindra XUV 3XO: Mahindra XUV 3XO: Expected design specs, pricing, and other details unveiled ahead of launch

Mahindra & Mahindra is gearing up to launch the much-anticipated Mahindra XUV 3XO, a compact SUV and facelifted version of the popular XUV 300, in the Indian market tomorrow, April 29, 2024. The new model promises exciting updates in design, features, and safety enhancements. Here’s a sneak peek at what to expect from the latest … Read more

M&M XUV 3XO: M&M 3XO: Mahindra unveils name of its new SUV, details here

M&M XUV 3XO: M&M 3XO: Mahindra unveils name of its new SUV, details here

Leading Indian automaker Mahindra & Mahindra on Thursday unveiled the name of its new sports utility vehicle (SUV) offering ‘XUV 3XO’. The vehicle, pronounced ‘3-ex-Oh’, will be launched on April 29, the company said in a press release. “It seamlessly integrates thrilling performance, cutting-edge technology, unmissable design, and unparalleled safety to cater to the aspirations … Read more

M&M promoter group entity initiates sale of shares; sale will reduce promoters’ stake to 18.57% from 19.32%

M&M promoter group entity initiates sale of shares; sale will reduce promoters’ stake to 18.57% from 19.32%

Mumbai: Mahindra & Mahindra’s promoter group entity Prudential Management and Services Pvt Ltd (PMSL) has initiated a secondary sale of shares in the company as the “family is looking for liquidity for specific needs”, the automobile manufacturer said in a filing with the stock exchanges on Wednesday. The company made the filing as a clarification … Read more

India SUV sales: SUVs to continue steering PV sales to record high in FY25, but overall demand scenario a concern

India SUV sales: SUVs to continue steering PV sales to record high in FY25, but overall demand scenario a concern

The overall demand for cars in India will continue downward trajectory in the upcoming financial year, even as SUV thirst is likely to push passenger vehicle (PV) sales to record high, a report showed on Monday. Sport utility vehicles (SUVs) are likely to propel overall PV volumes to record high at 5-7 per cent in … Read more

BSA bikes: Classic Legends to set up plant in UK to manufacture BSA bikes

BSA bikes: Classic Legends to set up plant in UK to manufacture BSA bikes

Mumbai: BSA, the legendary British motorcycle brand, is set to make deeper inroads in the UK with Mahindra & Mahindra-owned Classic Legends, the brand’s new owner, gearing up to start building a new factory in the UK from the next financial year. These motorcycles will be produced in the UK for the domestic market and … Read more