Last 1,396 INR
Change Today -3.70 / -0.26%
Volume 569.0K
MM On Other Exchanges
Natl India
As of 7:06 AM 08/27/14 All times are local (Market data is delayed by at least 15 minutes).

mahindra & mahindra ltd (MM) Snapshot

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08/25/14 - 1,434
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08/28/13 - 739.84
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mahindra & mahindra ltd (MM) Details

Mahindra & Mahindra Limited is engaged in the automotive and farm equipment businesses in India and internationally. The company offers aerospace components, assemblies, and aircrafts; automotive services and pre-owned cars; and crop care, fresh produce services, seed distribution, and seed potato inputs. It also provides commercial vehicles, such as Alfa, Gio, trucks and buses, Bolero Pick-Up, Genio, Loadking, Maxximo Plus, and Tourister buses; personal vehicles, including Bolero, e2o, Scorpio, Thar, Verito, Xylo, Actyon, Actyon Sports, Chairman W, Korando, Kyron, Rexton, Rodius, XUV 500, and Quanto; contract sourcing and engineering services; and components, such as alloy steel, blankings, castings, composites, ferrites and magnetic products, forgings, gears, ring rolling, and stampings. In addition, the company offers backhoe loaders; engineering consulting, information security consulting, project management, and strategic risk management services; defense vehicles, including Land, Axe, Marksman, Mine Protected Vehicle, and Rakshak; diesel generators, inverters, and off-grid solar energy solutions; on-grid, power-leasing, telecom infrastructure management, and turnkey EPC services; tractors, crop harvesting, and rice and sugarcane farming solutions; and general and life insurance broking, as well as vehicle, asset, and rural housing finance services. Further, it provides bulk handling systems; business process outsourcing, IT consulting, R&D engineering and manufacturing, supply chain consulting, infrastructure management, security, and network technology solutions and services; leisure boats, resorts, homestays, and terra camps; logistics and people transport solutions; business cities and special economic zones, and living spaces; baby and maternity products through its Mom & Me retail chain; and two wheelers, such as Centuro, Pantero, Duro-DZ, Flyte, genZe, Kine, and Rodeo-RZ. The company was founded in 1945 and is headquartered in Mumbai, India.

Founded in 1945

mahindra & mahindra ltd (MM) Top Compensated Officers

Chairman, Managing Director, Member of Group ...
Total Annual Compensation: 12.5M
Member of Group Executive Board, President of...
Total Annual Compensation: 6.8M
Compensation as of Fiscal Year 2014.

mahindra & mahindra ltd (MM) Key Developments

Mahindra and Mahindra Launches New Arjun Novo

Mahindra and Mahindra has introduced its new Arjun Novo, a new generation tractor. The vehicle will be offered in two versions of 57bhp and 605DI-PS. The model is to be priced at INR 700,000. It is designed and developed in- house at Mahindra research valley, the company's global research facility in Chennai.

Mahindra & Mahindra Announces Earnings Results for the Full Year 2014

Mahindra & Mahindra announced earnings results for the full year 2014. In fiscal year of 2014, the company sold 254,344 passenger vehicles, a decline of 18% over the year-ago period. Commercial vehicles volumes were up 7% during the period to 152,398 units. Net sales during the fiscal remained flat at INR 4,050.85 billion, as compared with a year ago period. The net profit went up 12% to INR 375.84 billion during the fiscal as compared with the previous year.

Mahindra & Mahindra Ltd. Introduces New Tractor Platform

Mahindra & Mahindra Ltd. launched a new tractor platform. The automaker has launched the new platform almost 14 years after catering to the 50bhp to 60bhp and above category. The product took over three years to develop, with an investment of around INR 3 billion and input from over 100 engineers. The company has launched two versions, the Arjun Novo 605DI-I (57 hp) and 605DI-PS (52 hp) at its Mahindra Research Valley in Chennai, priced at INR 735,000 and INR 715,000 respectively.


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