MAHINDRA XUV 3X0
M&M XUV700 price cut: No link with UP's policy, move was part of plans announced in Feb, Mahindra says
Mahindra & Mahindra clarified that its recent XUV700 price cut is not linked to Uttar Pradesh's EV policy but is part of a business strategy to lower average prices, outlined in a February analyst meeting. Shares fell as much as 7% on Wednesday. The price cuts stem from material cost savings and strategic planning.
Tata Motors, M&M slash prices of select SUVs. Check models and discount
Tata Motors and Mahindra & Mahindra have announced significant discounts on their popular SUVs in India, amid weakening demand and rising inventory. M&M has offered over Rs 2 lakh on its AX7 variants for the next four months, starting at Rs 19.49 lakh. Tata Motors has also reduced prices by up to Rs 70,000 on select models and up to 1.4 lakh on its range of fossil fuel and EV SUVs.
Emcure Pharmaceuticals IPO booked nearly 68 times so far on Day 3. Check GMP and other details
Emcure Pharmaceuticals IPO sees strong demand with oversubscription. Anchor investors include top names. Company engaged in global pharmaceutical products. Revenue growth and plans for debt payment outlined. Book-running lead managers identified.
Emcure Pharmaceuticals IPO booked nearly 5x so far on Day 2. Check GMP and other details
Emcure Pharmaceuticals' IPO has been oversubscribed nearly three times as of Thursday, the second day of bidding. The bidding concludes on July 5. The categories reserved for NII and retail investors were subscribed the most at 13 times and 3.43 times, respectively.
Viral Video Alert: Anand Mahindra drives 'Bujji' from 'Kalki 2898 AD'
Anand Mahindra, Chairman of the Mahindra Group, recently took the futuristic vehicle 'Bujji' for a spin. This cutting-edge three-wheeled electric vehicle stars in the upcoming sci-fi epic "Kalki 2898 AD," directed by Nag Ashwin. Anand Mahindra's test drive has set social media abuzz, highlighting the fusion of technology and entertainment in this highly anticipated film.
Look forward to bolder reforms: India Inc on Modi govt 3.0
Narendra Modi was sworn in as Prime Minister at the Rashtrapati Bhavan, becoming only the second PM after Jawaharlal Nehru to secure a third consecutive term.
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First to indicate good or bad about economy, as it stays strong, ignore noises about politics: 6 auto stocks with upside potential of upto 34 %
Unlike the US and some other western countries, where there is a separate transportation index which also has an element of logistic companies in it and is watched very closely, in India we don't have a very popular transportation index. The reason why transportation index numbers are extremely important is because there is enough historical evidence to show that auto industry numbers lead indicators of what is happening in the economy. That is why if one looks at the history of the stock market, the rallies which are led by the transportation and auto sector are more durable rallies. Especially the ones which are led by large commercial vehicles. Demand for large commercial vehicles would only increase when there is higher economic growth as more goods get moved from one place to another when the economy is doing well. At this point and in near term there will be noises about political instability, but better ignore it.
Series AA 127- The EV transformation-Part 1: How a multibagger got fresh tailwinds & gave 22,334% return in the last 20 years
Excerpts from its annual report for 2017-18. ELECTRIC VEHICLES – THE NEW MARKET DISRUPTOR “We are anticipating the next market disruption through electric vehicles. We are closely reviewing and watching the situations and doing our ground level work. We are also mapping all of our existing products vis-à-vis EV to capitalise on the opportunities EV will throw at the component manufacturers, whether it is motors, batteries or any other system which will come into the electric vehicles, totally different from the conventional IC engine” Cut to August 2023, five years down the line, the company commissions two plants for making on-board charger, off-board charger, motor control Units, DCDC converters, battery management systems, and more products catering to EV 2-wheelers and 3-wheelers. Now this is a reflection of the speed at which an auto ancillary company needs to function and also the product range it needs to have if it has to stay relevant in the changing world of the auto Industry. Foresight, planning and timely execution is the key.
Mahindra XUV 3XO inspires jaw-dropping custom designs: How CEO Anand Mahindra and team reacted?
Anand Mahindra recently shared impressive custom renders of the Mahindra XUV 3XO on social media, created by the Instagram handle @nstreet_design. These designs, featuring a modern and robust aesthetic, caught significant attention, including that of Mahindra himself and Pratap Bose, Chief Design and Creative Officer at Mahindra & Mahindra. The customizations, which include a soft blue hue with black accents and large bronze alloy wheels, have sparked excitement among enthusiasts, showcasing the versatility and style of the new XUV 3XO.
M&M's premium valuation to ride on SUV, tractor demand
Mahindra & Mahindra may see an earnings-led upgrade due to encouraging bookings for its newly-launched compact SUV, the XUV 3XO, forecasts of improvement in the tractor segment, and expectations of increased industry volume growth. The company's premium valuation at 23 times one-year forward earnings reflects investor confidence in its market performance.
Our target is 15% to 20% EPS growth on a consistent basis: Anish Shah, Mahindra Group
I would say that the internal measures have had a much bigger role to play because as we have seen overall the auto industry is not growing at a very rapid pace and we have been far outpacing.
Hero MotoCorp’s market cap reaches Rs 1 lakh crore
Hero MotoCorp’s market cap stood at Rs 100,803.27 crore at the close on the BSE on Tuesday, just behind TVS Motor Company, which had a market cap of Rs 101,390.72 crore. Investors have been upbeat on the stock on the back of the company’s focus on premium and electric vehicle segments.
Kotak Bank shares jump 4% as Q4 beat makes investors overlook angry RBI to upgrade stock
Kotak Bank Share Price: Kotak reported 18.22% year-on-year (YoY) increase in its standalone profit for the quarter ended March 2024 to Rs 4,133.30 crore while its net interest income (NII) in Q4 rose 13% YoY to Rs 6,909 crore.
M&M cruises through SUV opportunity to emerge as category revenue leader
The rise in SUV popularity has propelled Mahindra & Mahindra to the forefront of the Indian automotive sector. Despite previous struggles with only the Scorpio as its flagship, the company has turned the tide and emerged as the leading revenue earner in the SUV segment, outperforming competitors like Toyota, Hyundai, Tata Motors, Kia, and Maruti Suzuki.
Mahindra XUV 3XO: How to book XUV 3XO, booking amount, variants price list and everything you should know
Mahindra & Mahindra has launched the highly anticipated Mahindra XUV 3XO compact SUV, starting at Rs 7.49 lakh. Competing with Maruti Suzuki Brezza, Tata Nexon, and others, it offers refreshed design, improved features, and robust safety. Available in nine variants, its features include a 10.25-inch touchscreen, panoramic sunroof, and Level 2 ADAS. With various engine options, it aims to redefine the compact SUV segment.
Mahindra XUV 3X0 launched at Rs 7.49 lakh; here are all the details
Mahindra & Mahindra has launched the highly anticipated Mahindra XUV 3XO, a compact SUV and facelifted version of the popular XUV 300, in the Indian market at a price of Rs 7.49 lakh. Bookings for the XUV 3XO will commence online and at Mahindra dealerships from May 15, 2024, with deliveries starting from May 26, 2024. The vehicle boasts a redesigned exterior with bold features such as LED Headlamps, LED DRLs, and LED Fog Lamps, as well as a premium interior with Ivory color upholstery and leather accents.
Mahindra XUV 3XO: Expected design specs, pricing, and other details unveiled ahead of launch
Mahindra & Mahindra is launching the Mahindra XUV 3XO, a compact SUV and facelift of the XUV 300, in India on April 29, 2024. The new model boasts updates in design, features, and safety. Expect a revamped exterior with new front and rear designs, inspired by Mahindra's BE SUV lineup. Inside, a new dashboard layout, large touchscreen, and digital instrument cluster provide a modern feel. The XUV 3XO will offer segment-leading features like a panoramic sunroof and advanced connectivity options. With a competitive price starting from Rs 9 lakh (ex-showroom), it aims to compete with popular compact SUVs in India.
Anand Mahindra teases stunning design of XUV 3XO (XUV300 Facelift): Here are likely launch date, price, other details
Mahindra & Mahindra prepares to launch the new XUV 3XO, an updated version of the XUV 300, with a refreshed exterior design and enhanced dashboard functions. The teaser hints at redesigned front and rear fascias, chrome accents, LED DRLs, panoramic sunroof, and advanced technology features. Safety includes six airbags, all-four disc brakes, and more.
Digitisation will be key driver for Mahindra Finance, says MD designate
Senior management at Mahindra Finance is witnessing a paradigm shift as vice chairman Ramesh Iyer passes the reins to Raul Rebello at the end of April. Though developing new business models would take some time, analysts believe the company's strong rural reach and financials would be beneficial.
Car shipments shifting back to pre-Covid gear; Maruti, Hyundai at the top
According to industry estimates, Indian carmakers are set to ship more than 675,000 vehicles in the fiscal year that ends March 31, recovering from a low of 404,000 reported in the aftermath of the pandemic in FY21. Around 663,000 cars were exported from the country in the last financial year. Vehicle exports were dominated by Maruti Suzuki and Hyundai, which together accounted for two-thirds of all cars shipped out of the country.
Volkswagen to launch imported electric SUV ID.4 in India to test market readiness
Volkswagen plans to launch the all-electric ID.4 SUV in India to test consumer readiness. The company aims to bring cars from its global portfolio to the Indian market, assemble locally, and eventually achieve local electrification by 2026. Volkswagen expects volume growth in India and is focused on the emerging electric vehicle segment.
Top 5 electric car (EV) launches between Rs 11 lakh and Rs 40 lakh in 2024
With advancement in green technology, improving EV infrastructure and multiple entrants flooding the Indian market, potential buyers have been drawn to all-electric offerings in the past couple of years. Though the real EV party for carmakers will begin from 2025 onwards, there are still several models lined up for launch in 2024.
Mahindra XUV 400 pro EV launched: Here are price details, all the features
Mahindra and Mahindra has launched two new variants of the Mahindra XUV 400, the EC Pro and EL Pro. The EC Pro is priced at Rs 15.49 lakh, while the EL Pro is priced at Rs 16.47 lakh for the 34.5 kWh battery option and Rs 17.49 lakh for the 39.4 kWh battery option. These new variants come with a redesigned dashboard, upgraded infotainment system, and a host of new features.
From Tata Punch EV to BYD Seal, upcoming electric cars in 2024 with highest range
The electric vehicle (EV) landscape in India is undergoing constant evolution, with 2024 poised for exciting launches as automakers gear up to expand their portfolios and intensify competition. Here are some of the notable EV launches anticipated in 2024, expected to boast impressive ranges.
From Maruti eVX to Creta EV: Upcoming electric cars in India in 2024
Top automakers, including Maruti Suzuki, Tata Motors, Kia, and Hyundai are set to launch new electric cars next year. Here are the most anticipated electric cars slated to be launched in India in 2024.
M&M Q2 Results: Profit soars 67% YoY to Rs 3,452 crore, beats estimates
The automotive segment did extremely well for the company, with revenue growing 22% on year to Rs 18,405.46 crore. However, the farm equipment segment performance was muted, with revenue down 0.4% to Rs 5,919.50 crore.
2023 Tata Nexon EV vs. Mahindra XUV 400 Electric: Which electric SUV should you go for?
Tata Motors has launched the 2023 version of its Nexon EV, priced at Rs 14.74 lakh. The updated model competes directly with Mahindra's XUV 400 electric. Here's a comparision of their features and specs.
On public demand, Anand Mahindra will gift an XUV4OO EV to Praggnanandhaa's parents Rameshbabu & Nagalakshmi
Indian billionaire Anand Mahindra has announced that he will be gifting an XUV400 EV to the parents of 18-year-old chess prodigy R Praggnanandhaa. Mahindra praised the teenager's exceptional performance at the FIDE World Cup and expressed his gratitude to the parents for their support.
After Mahindra XUV 700, Ramdev now seen driving a Land Rover Defender 130
This is not the first time Ramdev was seen behind the wheels of a SUV. A video posted on YouTube last year showed Ramdev taking a Mahindra XUV 700 SUV for a spin.
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