FARM EQUIPMENT SECTOR

Passenger vehicle sales in India remained sluggish for the third consecutive month in June due to a high base and reduced post-pandemic pent-up demand. Sales rose 3.7% from a year earlier but slightly declined from May, with 340,784 units sold compa...

Carmakers Mahindra & Mahindra, Toyota Motor Corp's Indian unit, and Kia Motor reported increased car sales in June. This rise was driven by demand for sports utility vehicles (SUVs), despite heat waves affecting purchase decisions.

Startups in the agriculture sector, like Indigo Ag Inc., Gro Intelligence, and Farmers Edge Inc., are facing challenges as they struggle to disrupt traditional giants.

It is difficult to put incremental money in these pockets and so ABB is 50 times EV by EBITDA, 80-90 times earnings and probably the next four-five-year order book is probably in the price.

When investing in stock markets, it’s crucial to make the distinction between high-quality and poor-quality businesses across the small, mid, and large-cap spectrums, as well as the difference between the intrinsic value of a stock and the overall v...

​So, once the tractor volume starts picking up, we will see further upside in M&M. The company has done fantastic early well as far as the SUV business is concerned. They have done well in other smaller segments as well, including farm equipments. B...

Soon after election results, there was and probably still there is chatter on the street that small caps are not going to see the same kind of performance as they have seen in the last two years. Can anyone argue against a broad based statement ? Pr...

It will take some more time for the street to get out of the political noise and analysis and stocks may witness some more correction. But these are all short term issues, in the end markets are keen about two things, overall economic growth and ear...

Mahindra & Mahindra witnessed a 17% year-on-year increase in total wholesales, reaching 71,682 units in May. Domestic passenger vehicle sales surged 31% to 43,218 units, while exports rose 2% to 2,671 units. The Farm Equipment Sector reported a 9% r...

Manish Sonthalia, CIO at Emkay Investment Manager, discusses potential dark horses in commodities, specifically metal, and highlights sectors like public sector units, BFSI, banks, and IT performing well this year. sonthalia says everything seems to...

Knowing risks and managing those risks are two different things. Knowing risk is easy, everyone knows that small cap stocks are probably the riskiest part of the stock market. but managing the risk is more complicated than it appears. Why are we bri...

Mahindra & Mahindra had outlined a new strategy for the coming five years with a focus on capitalizing on its market leadership in segments like SUVs, tractors and pickup trucks while scaling its growth-phase businesses five-fold during this period.

TGIF Agribusiness IPO: The company is primarily a horticulture company engaged in open farming of certain fruits and vegetables. Its farmland is spread over an area of over 110 acres and is situated in the vicinity of three villages i.e, Ajari, Kasi...

Mahindra & Mahindra reported a 13% increase in total wholesales to 70,471 units in April 2023, with total dispatches to dealers at 62,294 units. Domestic passenger vehicle sales rose 18% to 41,008 units, while exports increased by 2% to 1,857 units....

As per industry estimates this is an increase of 11.3% over 335,324 units sold in the same period last fiscal. February 2024 was the third best month for passenger vehicle sales recorded in the domestic market ever. The highest-ever wholesale in a m...

Tractor sales in India, a key indicator of rural economic health, have dropped by 4% in the first nine months of the fiscal year. States like Maharashtra, Karnataka, and Telangana experienced significant declines, attributed to erratic weather condi...

"Slated for launch later this year, the OJA is Mahindra's future ready approach to tractorization exemplified by numerous first best-in-class technologies for improved performance and productivity, through which we aim to transform farming and enric...

As part of the acquisition, Mahindra has fully bought out Omnivore's stake in the business.

Mahindra & Mahindra Ltd. has completed its acquisition of MITRA Agro Equipments Private Limited, making it a wholly owned subsidiary of Mahindra & Mahindra Ltd. The company statement says that M.I.T.R.A has more than tripled its revenue from FY18 to...