Mahindra and Mahindra Ltd.

M&M slips 4 pc on reports of Goldman downgrading the stock

27 Jan 11 04:26 PM
ET
MUMBAI: Top utility vehicle maker Mahindra & Mahindra today dropped nearly four per cent on the bourses, amid reports that Goldman Sachs downgraded the stock to sell from buy.

The scrip of Mahindra & Mahindra opened on a strong note but later fell by 3.75 per cent to touch the day's low of Rs..

M&M to raise vehicle prices

05 Jan 11 11:05 AM
Money Control
Indian automaker Mahindra and Mahindra will raise vehicle prices by an average 1% in the next two to three days, a company executive said on Wednesday.

The increase will be across products and has become necessary to offset rising input costs, Arun Malhotra, senior vice president, sales and custo..

M&M may sign final contract to acquire Ssangyong Motor

22 Nov 10 04:24 PM
Money Control
Mahindra and Mahindra (M&M) touched an intraday high of Rs 763 and an intraday low of Rs 734.70. At 11:13 hrs the share was quoting at Rs 744.55, down Rs 8.6, or 1.14%.

According to Sources, the company may sign final contract to acquire Ssangyong Motor on November 23, quoting DowJones Wires.

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Govt deals click for Mahindra Satyam, but client growth slows

16 Nov 10 02:16 PM
ET
Mahindra Satyam’s latest quarterly numbers look disappointing prima facie. The company reported lower-than-expected profitability against the backdrop of no significant announcements about new client wins. The management commentary suggests that investors may have to wait for at least six quarters t..

M&M non-committal on retaining SsangYong staff

06 Sep 10 10:20 AM
ET
NEW DELHI: Mahindra & Mahindra (M&M) has not made any commitment on retaining jobs or volume growth in its deal with SsangYong Motor to buy a majority stake in the ailing South Korean automaker.

The memorandum of understanding (MoU) between the two companies, signed on August 23, only offers to “..