Mahindra and Mahindra Ltd

Wed 30/04/2025,15:57:29 NSE: M&M

₹ 2928.80 19.20 (0.66%)

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Market Data
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Home Stock Mahindra and Mahindra Ltd

Wed 30/04/2025,16:1:0

NSE

BSE

Mahindra and Mahindra Ltd

Wed 30/04/2025,15:57:29 | NSE : M&M

₹ 2928.8019.20 (0.66%)

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Market Data

Essential tool: analyze, trade, manage, decide.

Open

₹ 2908.80

Previous Close

₹ 2909.60

Volume

2689753

Mkt Cap ( Rs. Cr)

₹364204.72

High

₹ 2948.90

Low

₹ 2887.00

52 Week High

₹ 3270.95

52 Week Low

₹ 2073.05

Book Value Per Share

₹ 567.46

Dividend Yield

0.72

Face Value

₹ 5.00

TTM EPS

99.62

TTM PE

29.36

P/B

5.15

What’s Your Call?

Collective community sentiment on Mahindra and Mahindra Ltd

Your Vote -

Buy

81.47%

Hold

9.76%

Sell

8.76%

81.47%

26757 users have voted

Market Depth

How many stocks are available to buy or sell and at what prices.

Buy Order Quantity

Sell Order Quantity

100%

Bid Price

Qty

0.00

Bid Total

Bid Price

Qty

2928.80

1377

0.00

Bid Total

1377

Option Chain

Analyzes market sentiment, predicts Mahindra and Mahindra Ltd' movement.

Call Price	Open interest	Strike Price	Put Price	Open interest

News

Media spotlight triggers stock stock attention, sentiment.

Mahi. & Mahi - Analysts/Institutional Investor Meet/Con. Call Updates

29 Apr 2025, 12:21PM Mahindra & Mahindra Limited has informed the Exchange about Schedule of meet
Mahi. & Mahi - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

29 Apr 2025, 12:18PM We wish to inform you that pursuant to Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Schedule
Mahi. & Mahi - Board Meeting Intimation

29 Apr 2025, 10:57AM MAHINDRA & MAHINDRA LIMITED has informed the Exchange about Board Meeting to be held on 05-May-2025 to consider and approve the Yearly Audited Financi
Mahi. & Mahi - Analysts/Institutional Investor Meet/Con. Call Updates

28 Apr 2025, 12:07PM Mahindra & Mahindra Limited has informed the Exchange about
Mahi. & Mahi - Investor Presentation

28 Apr 2025, 9:17AM Mahindra & Mahindra Limited has informed the Exchange about Investor Presentation
Mahi. & Mahi - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

28 Apr 2025, 12:04PM We wish to inform you that the Company today conducted Analyst/Press Meet with Analysts/Investors/Media in hybrid mode in Mumbai with respect to the o
Mahi. & Mahi - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

28 Apr 2025, 9:14AM We are enclosing a presentation to be made at the M&M Analyst/Press Meet being held today.\r\nPlease note that no unpublished price sensitive informat
Mahi. & Mahi - Acquisition-XBRL

26 Apr 2025, 10:16PM Mahindra & Mahindra Limited has informed the Exchange regarding Acquisition
Mahi. & Mahi - Analysts/Institutional Investor Meet/Con. Call Updates

26 Apr 2025, 9:49PM Mahindra & Mahindra Limited has informed the Exchange about Schedule of meet
Mahi. & Mahi - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

26 Apr 2025, 9:45PM We wish to inform you that pursuant to Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Clau
Mahi. & Mahi - Acquisition

26 Apr 2025, 8:51PM Mahindra & Mahindra Limited has informed the Exchange about Acquisition
Mahi. & Mahi - Announcement under Regulation 30 (LODR)-Acquisition

26 Apr 2025, 8:49PM Please refer enclosed file
Mahi. & Mahi - Outcome of Board Meeting

26 Apr 2025, 8:47PM Mahindra & Mahindra Limited has informed the Exchange regarding Board meeting held on April 26, 2025.
Mahi. & Mahi - Outcome Of The Meeting Of The Board Of Directors Of Mahindra & Mahindra Limited - Intimation Under Regulation

26 Apr 2025, 8:46PM Please refer enclosed file
Mahi. & Mahi - Updates

24 Apr 2025, 9:39PM Mahindra & Mahindra Limited has informed the Exchange regarding 'Transfer of Equity Shares by Mahindra & Mahindra Employees Stock Option Trust to the
Mahi. & Mahi - Transfer Of Equity Shares By Mahindra & Mahindra Employees' Stock Option Trust To The Stock Option Grantees

24 Apr 2025, 9:33PM Please Find Attached
Mahi. & Mahi - Transfer Of Equity Shares By Mahindra & Mahindra Employees' Stock Option Trust To The Stock Option Grantees

24 Apr 2025, 9:33PM Please Find Attached
Mahi. & Mahi - Transfer Of Equity Shares By Mahindra & Mahindra Employees' Stock Option Trust To The Stock Option Grantees

24 Apr 2025, 9:33PM Please Find Attached
Mahi. & Mahi - Transfer Of Equity Shares By Mahindra & Mahindra Employees' Stock Option Trust To The Stock Option Grantees

24 Apr 2025, 9:33PM Please Find Attached
Mahi. & Mahi - General Updates

22 Apr 2025, 4:00PM Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ESG Ratings
Mahi. & Mahi - Intimation Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015

22 Apr 2025, 3:49PM Please refer enclosed file
Mahi. & Mahi - Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

21 Apr 2025, 8:43PM MAHINDRA & MAHINDRA LIMITED has informed the Exchange about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer
Mahi. & Mahi - Change in Management

21 Apr 2025, 4:24PM Mahindra & Mahindra Limited has informed the Exchange about Change in Senior Management Personnel of the Company
Mahi. & Mahi - Announcement under Regulation 30 (LODR)-Change in Management

21 Apr 2025, 4:23PM Change in Senior Management Personnel of the Company
Mahi. & Mahi has submitted to BSE the Shareholding Pattern for the Period Ended March 31, 2025

19 Apr 2025, 4:50PM As of March 2025, 18.45% is owned by Promoters, 77.95% by Public and 3.60% by Non Promoters-Non Public. <p align=justify> Among Promoters holding, Ind
Mahi. & Mahi - Certificate under SEBI (Depositories and Participants) Regulations, 2018

14 Apr 2025, 8:53PM Mahindra & Mahindra Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018
Mahi. & Mahi - Update-Acquisition/Scheme/Sale/Disposal-XBRL

7 Apr 2025, 7:14PM Mahindra & Mahindra Limited has informed the Exchange regarding Update-Acquisition/Scheme/Sale/Disposal-XBRL
Mahi. & Mahi - General Updates

7 Apr 2025, 5:05PM Mahindra & Mahindra Limited - Report for the Month of March, 2025
Mahi. & Mahi - Incorporation

7 Apr 2025, 3:54PM Mahindra & Mahindra Limited has informed the Exchange about Incorporation
Mahi. & Mahi - Report For The Month Of March, 2025

7 Apr 2025, 5:02PM Production, Sales and Export figures for March, 2025
Mahi. & Mahi - Announcement under Regulation 30 (LODR)-Updates on Acquisition

7 Apr 2025, 4:01PM Please refer the attached file.
Mahi. & Mahi - Monthly Business Updates

1 Apr 2025, 10:17AM Mahindra & Mahindra Limited has informed the Exchange regarding Monthly Business Updates for the month of March 2025
M&M reports 34% growth in tractor sales for March

1 Apr 2025, 11:59AM Mahindra & Mahindra Ltd announced a 34% year-on-year increase in total tractor sales, including exports, reaching 34,934 units in March. <p align=just
Mahi. & Mahi - Announcement under Regulation 30 (LODR)-Press Release / Media Release

1 Apr 2025, 10:20AM Please find enclosed the 2 Press Releases
Mahi. & Mahi - Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

31 Mar 2025, 9:51PM MAHINDRA & MAHINDRA LIMITED has informed the Exchange about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer
Mahi. & Mahi - Announcement under Regulation 30 (LODR)-Change in Management

31 Mar 2025, 8:03PM Please refer the attached file.
Mahi. & Mahi - Retirement

31 Mar 2025, 8:02PM Change in Key Managerial Personnel (Company Secretary and Compliance Officer) of the Company -Intimation under Regulation 30 and 51 of the SEBI (Listi
Mahi. & Mahi - Appointment

31 Mar 2025, 8:02PM Mahindra & Mahindra Limited has informed the Exchange regarding Appointment of Mrs Divya Mascarenhas as Company Secretary & Compliance Officer of the
Mahi. & Mahi - Appointment of Company Secretary and Compliance Officer

31 Mar 2025, 8:01PM Please refer the attached file.
Mahi. & Mahi - Announcement under Regulation 30 (LODR)-Retirement

31 Mar 2025, 7:59PM Please refer the attached file.
Mahi. & Mahi - Outcome of Board Meeting

31 Mar 2025, 7:57PM Outcome of Board Meeting - Change in Key Managerial Personnel (Company Secretary and Compliance Officer) of the Company - Intimation under Regulation
Mahi. & Mahi - Investor Presentation

27 Mar 2025, 4:17PM Mahindra & Mahindra Limited has informed the Exchange about Investor Presentation
Mahi. & Mahi - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

27 Mar 2025, 4:15PM This is further to our letters bearing REF:NS:SEC dated 21st March, 2025 wherein we had given you an advance intimation of the Schedule of Analyst or
Mahi. & Mahi - Transfer Of Equity Shares By Mahindra & Mahindra Employees' Stock Option Trust To The Stock Option Grantees\r\

24 Mar 2025, 8:06PM Please Find Attached
Mahi. & Mahi - Updates

24 Mar 2025, 7:55PM Mahindra & Mahindra Limited has informed the Exchange regarding 'Transfer of Equity Shares by Mahindra & Mahindra Employees Stock Option Trust to the
Mahi. & Mahi - Rumour verification - Regulation 30(11)

24 Mar 2025, 7:33PM Please refer to the enclosed file.
Mahi. & Mahi - Rumour Verification - Regulation 30(11)

24 Mar 2025, 7:30PM Mahindra & Mahindra Limited has informed the Exchange about Rumour Verification - Regulation 30(11)
Mahi. & Mahi - Analysts/Institutional Investor Meet/Con. Call Updates

21 Mar 2025, 12:33PM Mahindra & Mahindra Limited has informed the Exchange about Schedule of meet
Mahi. & Mahi - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

21 Mar 2025, 12:31PM We wish to inform you that pursuant to Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Schedule
Mahi. & Mahi - Acquisition-XBRL

18 Mar 2025, 3:41PM Mahindra & Mahindra Limited has informed the Exchange regarding Acquisition
Mahi. & Mahi - Acquisition

18 Mar 2025, 11:02AM Mahindra & Mahindra Limited has informed the Exchange about Acquisition
Mahi. & Mahi - Announcement under Regulation 30 (LODR)-Acquisition

18 Mar 2025, 11:03AM Pl refer enclosed file
Mahi. & Mahi - Amalgamation OR Merger-XBRL

15 Mar 2025, 8:49AM Mahindra & Mahindra Limited has informed the Exchange regarding Amalgamation/ Merger
Mahi. & Mahi - Amalgamation/Merger

15 Mar 2025, 7:59AM Mahindra & Mahindra Limited has informed the Exchange about Cessation of Fifth Gear Ventures Limited as a Subsidiary of the Company pursuant to Merger
Mahi. & Mahi - Cessation Of Fifth Gear Ventures Limited As A Subsidiary Of The Company Pursuant To Merger

15 Mar 2025, 7:57AM Cessation of Fifth Gear Ventures Limited as Subsidiary of the Company pursuant to Merger
Mahi. & Mahi - Updates

13 Mar 2025, 6:51PM Mahindra & Mahindra Limited has informed the Exchange regarding 'Transfer of Equity Shares by Mahindra & Mahindra Employees Stock Option Trust to the
Mahi. & Mahi - Transfer Of Equity Shares By Mahindra & Mahindra Employees' Stock Option Trust To The Stock Option Grantees\r\

13 Mar 2025, 6:42PM Please Find Attached
Mahi. & Mahi - Disclosure For Gift Of 67,881 Equity Shares Of The Company

12 Mar 2025, 9:26PM Please find attached
Mahi. & Mahi - Updates

12 Mar 2025, 9:22PM Mahindra & Mahindra Limited has informed the Exchange regarding 'Disclosure for Gift of 67,881 Equity Shares of the Company'.
Mahi. & Mahi - General Updates

7 Mar 2025, 4:53PM Mahindra & Mahindra Limited has informed the Exchange about General Updates - Report for the Month of February, 2025
Mahi. & Mahi - Report For The Month Of February, 2025

7 Mar 2025, 4:50PM Please find attached Production, Sales and Export for Feb.,25
Mahi. & Mahi - Sale or disposal-XBRL

4 Mar 2025, 2:13PM Mahindra & Mahindra Limited has informed the Exchange regarding Sale or disposal of unit(s)/division(s)/subsidiary
Mahi. & Mahi - Sale or disposal

4 Mar 2025, 2:09PM Intimation by Mahindra Logistics Limited, a listed subsidiary of the Company, under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirem
Mahi. & Mahi - Intimation By Mahindra Logistics Limited, A Listed Subsidiary Of The Company, Under Regulation 30 Of SEBI (Lis

4 Mar 2025, 2:07PM Please refer enclosed file
Mahi. & Mahi - Monthly Business Updates

1 Mar 2025, 9:24AM Mahindra & Mahindra Limited has informed the Exchange regarding Monthly Business Updates for the month of February 2025
Mahi. & Mahi - Announcement under Regulation 30 (LODR)-Press Release / Media Release

1 Mar 2025, 9:27AM Please find enclosed the 2 Press Releases issued by the Company
Mahi. & Mahi - Investor Presentation

27 Feb 2025, 3:56PM Mahindra & Mahindra Limited has informed the Exchange about Investor Presentation
Mahi. & Mahi - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

27 Feb 2025, 3:54PM This is further to our letters bearing REF:NS:SEC dated 21st February, 2025 wherein we had given you an advance intimation of the Schedule of Analyst
Mahi. & Mahi - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

27 Feb 2025, 3:52PM This is further to our letters bearing REF:NS:SEC dated 21st February, 2025 wherein we had given you an advance intimation of the Schedule of Analyst
Mahi. & Mahi - Updates

24 Feb 2025, 6:55PM Mahindra & Mahindra Limited has informed the Exchange regarding 'Transfer Of Equity Shares By Mahindra & Mahindra Employees' Stock Option Trust To The
Mahi. & Mahi - Transfer Of Equity Shares By Mahindra & Mahindra Employees' Stock Option Trust To The Stock Option Grantees

24 Feb 2025, 6:50PM Please Find Attached
Mahi. & Mahi - Transfer Of Equity Shares By Mahindra & Mahindra Employees' Stock Option Trust To The Stock Option Grantees

24 Feb 2025, 6:50PM Please Find Attached
Mahi. & Mahi - Transfer Of Equity Shares By Mahindra & Mahindra Employees' Stock Option Trust To The Stock Option Grantees

24 Feb 2025, 6:50PM Please Find Attached
Mahi. & Mahi - Transfer Of Equity Shares By Mahindra & Mahindra Employees' Stock Option Trust To The Stock Option Grantees

24 Feb 2025, 6:50PM Please Find Attached
Mahi. & Mahi - Transfer Of Equity Shares By Mahindra & Mahindra Employees' Stock Option Trust To The Stock Option Grantees

24 Feb 2025, 6:50PM Please Find Attached
Mahi. & Mahi - Transfer Of Equity Shares By Mahindra & Mahindra Employees' Stock Option Trust To The Stock Option Grantees

24 Feb 2025, 6:50PM Please Find Attached
Mahi. & Mahi - Transfer Of Equity Shares By Mahindra & Mahindra Employees' Stock Option Trust To The Stock Option Grantees

24 Feb 2025, 6:50PM Please Find Attached
Mahi. & Mahi - Transfer Of Equity Shares By Mahindra & Mahindra Employees' Stock Option Trust To The Stock Option Grantees

24 Feb 2025, 6:50PM Please Find Attached
Mahi. & Mahi - Investor Presentation

21 Feb 2025, 5:22PM Mahindra & Mahindra Limited has informed the Exchange about Investor Presentation
Mahi. & Mahi - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

21 Feb 2025, 5:20PM We wish to inform you that pursuant to Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Schedule
Mahi. & Mahi - Announcement under Regulation 30 (LODR)-Acquisition

20 Feb 2025, 7:41PM Investment in the Proposed Rights Issue of Mahindra & Mahindra Financial Services Limited and Mahindra Lifespace Developers Limited, Listed Subsidiari
Mahi. & Mahi - Acquisition

20 Feb 2025, 7:40PM Mahindra & Mahindra Limited has informed the Exchange about Acquisition
Mahi. & Mahi - Outcome Of Board Meeting

20 Feb 2025, 7:38PM Please find enclosed file.
Mahi. & Mahi - Outcome of Board Meeting

20 Feb 2025, 7:37PM Mahindra & Mahindra Limited has informed the Exchange regarding Board meeting held on February 20, 2025.
Mahi. & Mahi - Updates

19 Feb 2025, 5:04PM Mahindra & Mahindra Limited has informed the Exchange regarding 'Mahindra Group and Anduril Partner to Develop Autonomous Maritime Systems and AI Coun
Mahi. & Mahi - Announcement under Regulation 30 (LODR)-Press Release / Media Release

19 Feb 2025, 5:06PM Please refer to the enclosed file.
Mahi. & Mahi - Investor Presentation

18 Feb 2025, 6:26PM Mahindra & Mahindra Limited has informed the Exchange about Investor Presentation
Mahi. & Mahi - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

18 Feb 2025, 6:23PM This is further to our letters bearing REF:NS:SEC dated 3rd February, 2025 wherein we had given you an advance intimation of the Schedule of Analyst o
Mahi. & Mahi - Updates

14 Feb 2025, 7:31PM Mahindra & Mahindra Limited has informed the Exchange regarding 'Press Note: 'Mahindra Electric Origin SUVs create new record in the EV category with
Mahi. & Mahi - Announcement under Regulation 30 (LODR)-Press Release / Media Release

14 Feb 2025, 7:27PM Please refer enclosed Press Note
Mahi. & Mahi - General Updates

13 Feb 2025, 4:10PM Mahindra & Mahindra Limited has informed the Exchange about Intimation by Mahindra Lifespace Developers Limited, a listed subsidiary of the Company re
Mahi. & Mahi - Analysts/Institutional Investor Meet/Con. Call Updates

13 Feb 2025, 3:31PM Mahindra & Mahindra Limited has informed the Exchange about Presentation
Mahi. & Mahi - General Updates

13 Feb 2025, 11:57AM Mahindra & Mahindra Limited has informed the Exchange about Intimation by Mahindra & Mahindra Financial Services Limited, a listed subsidiary of the C
Mahi. & Mahi - Intimation By Mahindra Lifespace Developers Limited, Listed Subsidiary Of The Company, Regarding Outcome Of It

13 Feb 2025, 4:13PM Please find enclosed file
Mahi. & Mahi - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

13 Feb 2025, 3:29PM This is further to our letters bearing REF:NS:SEC dated 3rd February, 2025 wherein we had given you an advance intimation of the Schedule of Analyst o
Mahi. & Mahi - Intimation By Mahindra & Mahindra Financial Services Limited, A Listed Subsidiary Of The Company, Regarding Ou

13 Feb 2025, 11:56AM Pl find enclosed file.
Mahi. & Mahi - Updates

12 Feb 2025, 8:44PM Mahindra & Mahindra Limited has informed the Exchange regarding 'Transfer Of Equity Shares By Mahindra & Mahindra Employees' Stock Option Trust To The
Mahi. & Mahi - Transfer Of Equity Shares By Mahindra & Mahindra Employees' Stock Option Trust To The Stock Option Grantees

12 Feb 2025, 8:42PM Please Find Attached
Mahi. & Mahi - Analysts/Institutional Investor Meet/Con. Call Updates

12 Feb 2025, 6:38PM Mahindra & Mahindra Limited has informed the Exchange about Presentation
Mahi. & Mahi - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

12 Feb 2025, 6:34PM This is further to our letters bearing REF:NS:SEC dated 3rd February, 2025 wherein we had given you an advance intimation of the Schedule of Analyst o
Mahi. & Mahi - Transfer Of Equity Shares By Mahindra & Mahindra Employees' Stock Option Trust To The Stock Option Grantees

12 Feb 2025, 8:42PM Please Find Attached
Mahi. & Mahi - Transfer Of Equity Shares By Mahindra & Mahindra Employees' Stock Option Trust To The Stock Option Grantees

12 Feb 2025, 8:42PM Please Find Attached
Mahi. & Mahi - Transfer Of Equity Shares By Mahindra & Mahindra Employees' Stock Option Trust To The Stock Option Grantees

12 Feb 2025, 8:42PM Please Find Attached
Mahi. & Mahi - Transfer Of Equity Shares By Mahindra & Mahindra Employees' Stock Option Trust To The Stock Option Grantees

12 Feb 2025, 8:42PM Please Find Attached
Mahi. & Mahi - Analysts/Institutional Investor Meet/Con. Call Updates

11 Feb 2025, 8:20PM Mahindra & Mahindra Limited has informed the Exchange about Transcript
Mahi. & Mahi - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

11 Feb 2025, 8:18PM This is further to our letter dated 31st January, 2025, wherein we had given an advance intimation of the Analyst/ Institutional Investor Meeting in t
Mahi. & Mahi - Transfer Of Equity Shares By Mahindra & Mahindra Employees' Stock Option Trust To The Stock Option Grantees

12 Feb 2025, 8:42PM Please Find Attached
Mahi. & Mahi - Transfer Of Equity Shares By Mahindra & Mahindra Employees' Stock Option Trust To The Stock Option Grantees

12 Feb 2025, 8:42PM Please Find Attached
Mahi. & Mahi - Transfer Of Equity Shares By Mahindra & Mahindra Employees' Stock Option Trust To The Stock Option Grantees

12 Feb 2025, 8:42PM Please Find Attached
Mahi. & Mahi - Investor Presentation

10 Feb 2025, 6:44PM Mahindra & Mahindra Limited has informed the Exchange about Investor Presentation
Mahi. & Mahi - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

10 Feb 2025, 6:42PM This is further to our letters bearing REF:NS:SEC dated 3rd February, 2025 wherein we had given you an advance intimation of the Schedule of Analyst o
Mahi. & Mahi - Transfer Of Equity Shares By Mahindra & Mahindra Employees' Stock Option Trust To The Stock Option Grantees

12 Feb 2025, 8:42PM Please Find Attached
Mahi. & Mahi - Transfer Of Equity Shares By Mahindra & Mahindra Employees' Stock Option Trust To The Stock Option Grantees

12 Feb 2025, 8:42PM Please Find Attached
Mahi. & Mahi - General Updates

8 Feb 2025, 12:45PM Mahindra & Mahindra Limited has informed the Exchange about General Updates - Report for the Month of January, 2025
Mahi. & Mahi - Copy of Newspaper Publication

8 Feb 2025, 10:50AM Mahindra & Mahindra Limited has informed the Exchange about Copy of Newspaper Publication
Mahi. & Mahi - Report For The Month Of January, 2025

8 Feb 2025, 12:42PM Please find enclosed Production, Sales & Export Figures for the month of January, 2025
Mahi. & Mahi - Incorporation-XBRL

7 Feb 2025, 7:13PM Mahindra & Mahindra Limited has informed the Exchange regarding Incorporation
Mahi. & Mahi - Investor Presentation

7 Feb 2025, 6:32PM Mahindra & Mahindra Limited has informed the Exchange about Investor Presentation
Mahi. & Mahi - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

7 Feb 2025, 6:29PM This is further to our letters dated 31st January, 2025, wherein we had given an advance intimation of the Analyst / Institutional Investor Meeting in
Mahi. & Mahi - Investor Presentation

7 Feb 2025, 3:53PM Mahindra & Mahindra Limited has informed the Exchange about Investor Presentation
Mahi. & Mahi - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

7 Feb 2025, 3:51PM This is further to our letter dated 31st January, 2025, wherein we had given an advance intimation of the Analyst / Institutional Investor Meeting sch
Mahi. & Mahi - General Updates

7 Feb 2025, 2:05PM Mahindra & Mahindra Limited has informed the Exchange about General Updates Presentation at the Press /Analyst Meet
Mahi. & Mahi - Announcement under Regulation 30 (LODR)-Investor Presentation

7 Feb 2025, 2:01PM We are enclosing Presentation to be made at Press Meet Today
Mahi. & Mahi Q3 net profit up 20.80% at Rs 2964.31 cr

7 Feb 2025, 1:51PM The company reported standalone net profit of Rs 2,964.31 crore for the quarter ended December 31, 2024 as compared to Rs 2453.98 crore in the same pe
Mahi. & Mahi - Incorporation

7 Feb 2025, 1:44PM Mahindra & Mahindra Limited has informed the Exchange about approval of Incorporation of a Wholly Owned SubsidiaryCompany
Mahi. & Mahi - Announcement under Regulation 30 (LODR)-Acquisition

7 Feb 2025, 1:42PM Please refer the attached file.
Mahi. & Mahi - Outcome of Board Meeting

7 Feb 2025, 1:41PM Mahindra & Mahindra Limited has informed the Exchange regarding Board meeting held on February 07, 2025 - Incorporation of a Wholly Owned SubsidiaryC
Mahi. & Mahi - Intimation Under Regulation 30 Read With Schedule III Of The SEBI (Listing Obligations And Disclosure Requirem

7 Feb 2025, 1:40PM Please refer the attached file.
Mahi. & Mahi - Integrated Filing- Financial

7 Feb 2025, 1:31PM Integrated Filing (Financial) pursuant to SEBICircular No. SEBI/HO/CFD/CFD-PoD-2/CIR/P/2024/185 dated 31st December, 2024 read with BSE Circular No.20
Mahi. & Mahi - Integrated Filing (Financial)

7 Feb 2025, 1:31PM Please refer the attached file
Mahi. & Mahi - Press Release

7 Feb 2025, 1:29PM Mahindra & Mahindra Limited has informed the Exchange regarding a press release dated February 07, 2025, titled ""Unaudited Standalone and Consolidate
Mahi. & Mahi - Outcome of Board Meeting

7 Feb 2025, 1:29PM Mahindra & Mahindra Limited has informed the Exchange regarding Board meeting held on February 07, 2025.
Mahi. & Mahi - Financial Result Updates

7 Feb 2025, 1:28PM Mahindra & Mahindra Limited has submitted to the Exchange, the financial results for the period ended December 31, 2024.
Mahi. & Mahi - Announcement under Regulation 30 (LODR)-Press Release / Media Release

7 Feb 2025, 1:28PM Please find enclosed the Press Release
Mahi. & Mahi - Unaudited Standalone And Consolidated Financial Results Of The Company For The Third Quarter And Nine Months E

7 Feb 2025, 1:20PM Please refer enclosed file
Mahi. & Mahi - Board Meeting Outcome for Outcome Of Board Meeting Of Mahindra And Mahindra Limited Held On 7Th February, 2025

7 Feb 2025, 1:20PM Please refer to the attached file.
Mahi. & Mahi - Updates

5 Feb 2025, 4:10PM Mahindra & Mahindra Limited has informed the Exchange regarding 'Mahindra Electric Origin SUVs to Open Bookings for all 9 variants on 14February, 2025
Mahi. & Mahi - Announcement under Regulation 30 (LODR)-Press Release / Media Release

5 Feb 2025, 4:13PM Please refer to the enclosed Press Note.
Mahi. & Mahi - Analysts/Institutional Investor Meet/Con. Call Updates

3 Feb 2025, 6:40PM Mahindra & Mahindra Limited has informed the Exchange about Schedule of meet
Mahi. & Mahi - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

3 Feb 2025, 6:38PM We wish to inform you that pursuant to Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Schedule
Mahi. & Mahi - Monthly Business Updates

1 Feb 2025, 9:31AM Mahindra & Mahindra Limited has informed the Exchange regarding Monthly Business Updates for the month of January 2025
M&M sales up 16% at 85,432 units in Jan

1 Feb 2025, 11:32AM Mahindra & Mahindra Ltd on Saturday reported a 16 per cent growth in total sales at 85,432 units in January 2025. <p align=justify> Passenger vehicle
Mahi. & Mahi - Announcement under Regulation 30 (LODR)-Press Release / Media Release

1 Feb 2025, 9:33AM Please find enclosed 2 Press Releases issued by the Company
Mahindra & Mahindra

28 Apr 2025 , 10:15AM Mahindra & Mahindra has acquired a 59% stake in SML Isuzu, a maker of light and medium CVs with a 1.2% market share. The deal aligns with M&M’s strategy to 5x emerging businesses and target 10–12% CV market share by FY31. However, given SML’s small size, expect minimal positive impact on M&M’s stock price , but long term positive.
Mahindra & Mahindra

28 Apr 2025 , 9:06AM has acquired a 59% stake in SML Isuzu, a maker of light and medium CVs with a 1.2% market share. The deal aligns with M&M’s strategy to 5x emerging businesses and target 10–12% CV market share by FY31. However, given SML’s small size, expect minimal positive impact on M&M’s stock price , but long term positive.
M&M

1 Apr 2025 , 10:48AM The total auto sales for the month of March was 83,894 units, a growth of 23% y-o-y (higher than estimates). Total domestic PV sales of 48,048 units was up 18% y-o-y and Total tractor sales (domestic + exports) of 34,934 units grew 34% y-o-y. Positive
Mahindra & Mahindra

26 Mar 2025 , 11:25AM The company is in talks to buy Japan’s Sumitomo Corp’s entire 44% stake in in heavy vehicle-maker SML Isuzu according to media sources.
M&M

24 Mar 2025 , 10:50AM According to agencies, company to increase prices by upto 3% for SUV, CV from April.
Mahindra & Mahindra

3 Mar 2025 , 9:51AM February total sales at 83,702 units, up 15% y-o-y with good utility vehicle sales (above estimates). Total tractor sales at 25,527 units, up 18% y-o-y (ahead of estimates as well). Positive
Mahindra & Mahindra Feb auto sales jump 15%

1 Mar 2025 , 1:07PM Mahindra Auto sells 50420 SUVs, a growth of 19% and total volumes of 83702, a growth of 15% in February 2025
Mahindra & Mahindra (M&M)

21 Feb 2025 , 9:57AM The company will invest in its subsidiaries M&M Financial Services and Mahindra Lifespace Developers via a rights issue. On February 13, M&M Financial Services received approval from the Board to raise funds up to Rs 3,000 crore via a rights issue, and Mahindra Lifespace Developers up to Rs 1,500 crore via a rights issue. Positive
Mahindra and Mahindra

20 Feb 2025 , 10:04AM M&M has announced strategic partnership with American technology company Andruil Industries for developing modular Autonomous Underwater Vehicles (AUVs) that can be rapidly deployed for Security, Surveillance, Survey, and Reconnaissance missions, significantly enhancing underwater operational capabilities.
Mahindra secures bookings for new EVs worth Rs. 8,472 crore on day 1

17 Feb 2025 , 10:18AM Mahindra Electric Origin SUVs create new record in the EV category with booking value of Rs. 8472 crores
Mahindra & Mahindra

17 Feb 2025 , 8:51AM M&M: Company's Electric Origin SUVs - the XEV 9e and BE 6, have collectively registered booking value of Rs 8,472 crores (at ex-showroom price) on the first day of opening. The SUVs have secured 30,179 bookings. This is noteworthy considering that the total electric passenger vehicle sales in India was about 1 Lakh units for the calendar year 2024. Positive
Mahindra & Mhindra

6 Feb 2025 , 11:24AM Mahindra Electric Origin SUVs to open bookings for all nine variants on Feb 14.
M&M domestic sales in Jan 2025 at 26305 units

1 Feb 2025 , 9:57AM Mahindra's farm equipment sector sells 26305 tractor Units in India during January 2025
M&M total auto sales up 16% at 85,432 units

1 Feb 2025 , 9:52AM Mahindra Auto sells 50659 SUVs, a growth of 18% and total volumes of 85432, a growth of 16% in January 2025
M&M unveils new EV Mfg & Battery assembly unit in Chakan

8 Jan 2025 , 11:46AM Mahindra unveils new dedicated state-of-the-art EV Manufacturing & Battery Assembly facility in Chakan
Mahindra & Mahindra

8 Jan 2025 , 9:31AM M&M has announced the prices for the top-end (pack three) variant of its flagship electric origin SUVs-BE 6 and XEV 9e. The top variant of BE6 and XEV 9e has priced at Rs 26.9 lakh and Rs 30.5 lakh respectively. The entry level variant of BE6 and XEV9 has been priced at Rs 18.9 lakh and Rs 21.9 lakh respectively. Initially it targets to sell 5000 EVs per month. Positive read through.
Mahindra & Mahindra

1 Jan 2025 , 11:09AM M&M : Volumes – Dec 2024 : Auto segment : close to estimates, Tractor above estimates : Auto segment has reported 15.9% y-o-y increase and 11.5% m-o-m decline in volumes to 69,768 units (against estimate of 71,400 units). Tractor segment has reported 19.9% y-o-y increase and 31.3% m-o-m decline in volumes to 22,943 units (against estimate of 20,200 units).
Mahindra and Mahindra

30 Dec 2024 , 12:11PM The arm incorporated Ultrogen Hybren as wholly owned subsidiary. Ultrogen Hybren to carry out Rooftop Solar Installation business.
Mahindra & Mahindra

9 Dec 2024 , 11:38AM M&M has rebranded its recently launched BEV BE6E and BE6 as Indigo has filed a legal case against M&M for trademark Infringement. However, it will continue to contest against Indigo for rights to use brand 6E. Along with this it has also announced a price hike by upto 3% for CVs and PVS effective from January 2025 due to rise in input costs.
Mahindra & Mahindra

4 Dec 2024 , 11:42AM Recently M&M has unveiled its two BEVs - BE6E and XEV 9E. However, Indigo which has its call sign as 6E believes that the use of 6E is a violation of its trademark and hence filed a lawsuit against M&M. As per M&M it's electric SUV is carrying a brand name BE6E and not 6E, hence it is looking for an amicable solution with Indigo on trademark issue.
Stock update: Mahindra & Mahindra

4 Dec 2024 , 11:32AM Stock update Mahindra & Mahindra : In comes INGLO - Launchpad for BEVs
M&M

2 Dec 2024 , 9:50AM M&M – Volumes Nov 2024
Mahindra & Mahindra

29 Nov 2024 , 10:02AM The company provided clarification on the report stating that the company is likely to face emission penalties of Rs 7,300 crore as factually incorrect. There is no such penalty that has been levied or is being considered by the company. Positive
Mahindra & Mahindra

27 Nov 2024 , 10:39AM M&M has launched two of its born electric vehicles XEV9E with starting price at Rs 21.9 lakh and BE6 with starting price at Rs 18.9 lakh. Prima facie the pricing points for the BEVs appears to be competitive. In line with the management’s guidance, directionally positive.
Stock Update- Mahindra & Mahindra

7 Oct 2024 , 11:18AM Stock Update- Mahindra & Mahindra Ltd-Rocking ROXX!!!
Mahindra & Mahindra (M&M)

4 Oct 2024 , 9:49AM M&M's subsidiary Mahindra Last Mile Mobility Limited (MLMML) has launched Mahindra ‘ZEO’ 4W SCV starting from Rs 7.52 Lakh. With this product M&M would be able to cater to <2t 4W electric SCV segment. positive read through.
Mahindra & Mahindra

2 Sep 2024 , 10:10AM Volumes August 2024 : Tractors below estimates, Auto : above estimates : Tractor division has reported 1.1% y-o-y increase and 19.4% m-o-m decline in volumes to 21,917 units (against estimate of 23,200 units). Auto division has reported 9.1% y-o-y and 15.5% m-o-m increase in volumes to 76,755 units (against estimate of 68,000 units).
Mahindra Group, Sentrycs sign non-binding MoU to explore anti-drone solutions

30 Aug 2024 , 11:41AM Mahindra Group and Sentrycs team up to develop and provide anti-drone solutions in India
Mahindra & Mahindra

16 Aug 2024 , 11:19AM Mahindra & Mahindra Ltd has unveiled the all-new Thar ROXX with a price band of Rs 12.99 lakh to Rs 20.49 lakh. New Thar is expected to further boost M&M’s position in SUV space. Positive read through.
Mahindra & Mahindra

1 Aug 2024 , 2:06PM Volumes July 2024 – Auto: below estimates, Tractors : marginally above estimates : Auto segment reported 0.5% y-o-y increase and 4.3% m-o-m decline in sales to 66,444 units (against estimate of 75,100 units). Tractor segment reported 8.1% y-o-y increase and 42.5% m-o-m decline in sales to 27,209 units (against estimate of 26,200 units).
Mahindra & Mahindra

22 Jul 2024 , 10:15AM M&M is expected to launch 5 door Thar with a brand name 'Thar Roxx' on 15th August. Roxx's launch event is scheduled in Africa and hence indicating that Roxx is designed to cater to global market (in addition to domestic market ) also. Directionally positive.
Mahindra & Mahindra

12 Jul 2024 , 12:28PM M&M's stake in Switzerland based agri-tech company Gmaya SA would come down from 15.04 % to 4.33% in due to fresh issuance of shares by Gamaya to other Investors.
Mahindra and Mahindra

10 Jul 2024 , 10:33AM The automaker reduced the prices of top-end variants of the XUV700 SUV by almost Rs 1 lakh. The “celebratory” pricing is for four months only.
Mahindra & Mahindra

1 Jul 2024 , 1:33PM M&M : volumes June 2024 – Tractor segment
Stock update Mahindra & Mahindra

19 Jun 2024 , 11:15AM Stock update Mahindra & Mahindra : Well planned, eye on execution
Mahindra & Mahindra

16 May 2024 , 9:43AM M&M has received advance booking of 50k units for its latest launched SUV – XUV3XO. The deliveries of XUV3XO would begin from 26th May 2024. The company has already produced a 10k units of XUV3XO and has set up a manufacturing capacity of 9000 units per month for XUV3XO. Further NCLT has approved the merger of Mahindra Heavy Engines Limited ,Mahindra Two Wheelers Limited and Trringo.com Limited with M&M. Directionally positive.
Mahindra and Mahindra

15 May 2024 , 12:00PM The company arm Mahindra Holdings sold entire 30.8% stake in New Delhi Centre for Sight for Rs 425 crore.
Mahindra and Mahindra

8 May 2024 , 11:59AM NCLT approved the merger of arms Mahindra Heavy Engines, Mahindra Two Wheelers and Trringo.com with the company.
Mahindra & Mahindra

2 May 2024 , 11:08AM Volumes April 2024 : above estimates : Automotive sales has increased by 13.1% y-o-y and 3.0% m-o-m to 70471 units ( against estimate of 65,000 units). Tractor sales increased by 1.7% y-o-y and 42.3% m-o-m to 37,039 units (against estimate of26,500 units). Positive read through.
Mahindra & Mahindra

29 Apr 2024 , 12:56PM As per media news, Mahindra & Mahindra is preparing to expand its portfolio in 2024, with the first model being the facelifted XUV300 set to debut on today and branded as XUV 3XO.
M&M : Volumes March 2024

1 Apr 2024 , 12:11PM Automotive – below estimates, Tractor – close to estimates : Automotive segment reported 3.5% y-o-y increase and 6.2% m-o-m decline in volumes to 68413 units (against estimate of 76,127 units). Tractor segment reported 6.6% y-o-y and 0.2% m-o-m decline in volumes to 26024 units (against estimate of 26658 units).
Mahindra & Mahindra

7 Mar 2024 , 11:53AM Based on media news, PMSL (Prudential Management and Services Private Ltd) is expected to sell 0.75% stake in M&M. The floor price is expected to be in the range of Rs 1911 to Rs 1975 (against CMP of Rs 1968). PMSL owns 11.64% stake in M&M. PMSL (part of the promoter group) is selling a small stake in M&M to fulfil some specific needs and it has no intention to sell any further stake in near future. Neutral read through
Mahindra & Mahindra

1 Mar 2024 , 10:24AM M&M : Volumes Feb 2024 : Auto segment : slightly above estimates/ Tractor segment : close to estimates : Tractor segment reported 16.0% y-o-y and 9.5% m-o-m decline in volumes to 21,672 units (against estimate of 22,400 units). Automotive segment reported 24.0% y-o-y increase and 1.4% m-o-m decline in volumes to 72,923 units (against estimate of 69,880 units).
Stock update: M&M

15 Feb 2024 , 11:28AM Stock update M&M : Mahindra & Mahindra Limited : In line Q3, eyeing on profitability
Mahindra & Mahindra

9 Feb 2024 , 2:54PM Embraer defense & security and M&M have signed a MoU with the objective of jointly fulfilling the acquisition of the C-390 Millennium multi-mission aircraft by the Indian Air Force in its upcoming medium transport aircraft (MTA) procurement project. The MoU was signed by Embraer Defense & Security and Mahindra Defence Systems, a 100% owned subsidiary of Mahindra, that focuses on armored transport and security-related products including electronics.
Mahindra & Mahindra

1 Feb 2024 , 10:49AM Tractors below estimates, Automotive above estimates : Automotive segment reported 14.9% y-o-y and 22.9% m-o-m increase in volumes to 73,994 units ( vs estimate of 69,600 units). Tractor segment reported 17.2% y-o-y decline and 25.1% m-o-m increase in volumes to 23,948 units (against estimate of 25,000 units).
M&M, Mahindra

12 Jan 2024 , 10:19AM M&M has approved an investment of Rs 630 cr (via right issue) in its wholly subsidiary ( 99.99% stake). MEAL is engaged in 4WEV business- part of its ongoing capex and investment plans.
Mahindra & Mahindra

11 Jan 2024 , 2:24PM IJF (India Japan Fund) has agreed to invest Rs. 400 crores in MLMML, in one or more tranches and valuing MLMML at upto Rs. 6,600 crores. Post infusion of Rs. 400 crores, IJF will have 6.06%- 8.25% stake in MLMML, on a fully diluted basis. MLMML) (Mahindra Last Mile Mobility Limited) which houses M&M’s last-mile mobility business including three wheelers (Alfa, Treo, Zor) and four-wheeler SCV (Jeeto) brands. MLMML was incorporated as a subsidiary of Mahindra & Mahindra Ltd. and commenced commercial operations in September 2023.
Mahindra & Mahindra

10 Jan 2024 , 11:20AM Based on media news , Mobileye has extended its association with M&M and will supply advanced driver assistance technology for M&M’s next generation vehicles.
Mahindra & Mahindra

1 Jan 2024 , 12:01PM Volumes Dec 2023 : below estimates : Automotive sales increased by 6.2% y-o-y and declined by 14.2% m-o-m to 60,188 units ( against estimate of 70,100 units). Tractor sales declined by 17.7% y-o-y and 40.3% m-o-m to 19138 units (against estimates of 26000 units).
Mahindra & Mahindra

12 Dec 2023 , 10:55AM The automobile company has announced total production at 69,875 units in November 2023, growing 13.4 percent over a year-ago period. Total sales grew by 24.6 percent YoY to 68,760 units, but exports fell 41.8 percent to 1,816 units in the same period.
Mahindra & Mahindra

7 Dec 2023 , 10:55AM Based on media news, M&M will announce a price hike on SUVs and commercial vehicles from January 2024. The extent of the price increase will vary across different SUVs and commercial vehicles. In line with the industry trend as its competitors Maruti and Tata Motors have already indicated for a price hike from January 2024.
M&M : Volumes Nov 2023 : below estimates

1 Dec 2023 , 10:10AM Auto segment reported 21.1% yoy increase and 12.5% m-o-m decline in volumes to 70,576 units (against estimate of 78,400 units) . Tractor segment reported 5.1% y-o-y increase and 36.4% m-o-m decline in volumes to 32,074 units (against estimate of 35,000 units).
Stock update : Mahindra & Mahindra

21 Nov 2023 , 11:10AM Stock update : Mahindra & Mahindra Ltd : Slight miss in margins
Mahindra & Mahindra

1 Nov 2023 , 1:09PM M&M : Volumes – Oct 2023 : above estimates : M&M reported above estimated volumes in both automotive and tractor segment. Automotive volumes increased by 6.7% m-o-m to 80,679 units (against estimate of 77,700 units). Tractor volumes increased by 16.8% m-o-m to 50460 units (against estimate of 35,000 units).
Mahindra & Mahindra

1 Nov 2023 , 10:31AM Volumes – Oct 2023 : above estimates : M&M reported above estimated volumes in both automotive and tractor segment. Automotive volumes increased by 6.7% m-o-m to 80,679 units (against estimate of 77,700 units). Tractor volumes increased by 16.8% m-o-m to 50460 units (against estimate of 35,000 units).
Mahindra & Mahindra

26 Sep 2023 , 11:32AM Ontario Limited is acquiring 20% stake in M&M's step-down subsidiary - Mahindra Teqo Private Limited, at Rs 35 cr.
Mahindra & Mahindra

21 Sep 2023 , 10:52AM India Ratings Affirms Mahindra & Mahindra & its NCDs at IND AAA and stable Outlook.
M&M

4 Sep 2023 , 10:59AM M&M has entered into an asset transfer agreement and a business transfer agreement with Mahindra Last Mile Mobility Limited (MLMML) for transfer of identified assets and business pertaining to the last mile mobility business to MLMML in a cash consideration of approximately Rs. 285 crores under asset transfer agreement and approximately Rs. 539 Crores under business transfer agreement. Further M&M has decided to invest Rs 860 cr in MLMML via right share subscription. Out of Rs 860cr MLMML would utilize Rs 824 cr towards discharge of consideration for asset transfer and business transfer from M&M.
Stock update - Mahindra & Mahindra

24 Aug 2023 , 11:11AM Stock update Mahindra & Mahindra : Eyeing on globe
M&M

16 Aug 2023 , 10:57AM M&M has introduced multiple concept vehicle at global stage to cater to domestic as well as international markets in tractor, ESUV and pick up vehicle segment. The key introductions wee - (1) M&M has introduced Mahindra OJA platform in light weight tractor segment. OJA would cater to domestic as well as overseas markets. This would help M&M in strengthening its leadership position in domestic market and would help it in improving its space in international market. (2) It has also unveiled born electric concept Thar.E from INGLO platform and (3) Global pik up (pick up vehicle) concept vehicle to cater to overseas market. Positive read through
Mahindra & Mahindra

8 Aug 2023 , 12:52PM M&M had wounded up it's step-down subsidiary - MSPL international DMCC.
Mahindra & Mahindra

8 Aug 2023 , 11:57AM Automotive production in July 2023 : With improvement in semiconductor chip supply the vehicle production has improved by 26.7% yoy to 69,877 units in July 2023.
Mahindra & Mahindra

3 Aug 2023 , 1:08PM Jongsong Investments Pte Ltd (“Temasek”) is expected to invest Rs 1200 cr in Mahindra Electric Automobile Limited (MEAL) at a valuation of upto Rs. 80,580 crores. Post infusion of Rs. 1,200 crores as mentioned above, Temasek will have a shareholding in MEAL in the range of 1.49% to 2.97% of the paid–up Share Capital of MEAL, on a fully diluted. Temasek would invest Rs. 1,200 crores in MEAL, in one or more tranches. ( directionally positive)
Mahindra & Mahindra

1 Aug 2023 , 12:01PM M&M is setting up a (1) EV battery testing facility at Mahindra Research Valley (MRV), Chengalpattu and (2) Crash test facility at Mahindra SUV Proving Track (MSPT) SIPCOT, Cheyyar.
RBL Bank and Mahindra & Mahindra

27 Jul 2023 , 10:37AM Mahindra & Mahindra has acquired a 3.53% stake in RBL Bank via open market and media reports suggest that they are looking to own 10% strategic stake in bank. Note that acquiring stake above 5% in a bank requires RBI approval. Our view: RBI has historically disapproved business houses owning banks. RBL would continue to remain in focus. For M&M , this acquisition appears to be part a of M&M's strategy to expand in non-core areas, given that in past M&M was looking to apply for banking license.
Mahindra & Mahindra

21 Jul 2023 , 10:44AM In a court case between FCA and M&M, pertain to infringement of design/ trade dress by M&M's product ROXOR – the Michigan court has given verdict in favour of M&M. With this order M&M can produce and sell ROXOR in USA. (directionally positive)
Mahindra & Mahindra

17 Jul 2023 , 11:14AM M&M has signed an MOU with NXP Semiconductors to jointly explore the value added opportunities and advanced solutions in electric and connected vehicle space.
M&M

10 Jul 2023 , 12:05PM With regard to a news flow regarding stake sales in its EV business, M&M has clarified that it has not appointed a banker to commence fund raising though the EV business of the company continues to attract interest from investors.
Mahindra & Mahindra

3 Jul 2023 , 11:05AM June 2023 : Tractors : above estimates, automotive : close to estimates- Tractor division reported 6.3% y-o-y and 30.3% m-o-m increase in sales to 44,478 units (against estimate of 35,200 units). Automotive sales increased by 15.4% y-o-y and 1.7% m-o-m to 62,429 units (against estimate of 63,100 units)
Mahindra & Mahindra

30 Jun 2023 , 11:15AM Based on media news, M&M has received eligibility certificate under the auto PLI scheme. This would enable M&M to receive PLI incentive on fulfilling the required criteria for the scheme.
Stock update : Mahindra & Mahindra

21 Jun 2023 , 10:33AM Stock update : Mahindra & Mahindra Ltd : Compass set towards the zenith
Mahindra & Mahindra

15 Jun 2023 , 10:11AM M&M has launched XUV 700 in Australia- in line with its plan to expand its addressable market in overseas market.- Positive read through.
Mahindra & Mahindra

5 Jun 2023 , 10:08AM As per it's plan M&M has launched Swaraj Target 630 in compact light weight tractor segment. Light weight tractor segment offers a market size of 50k to 60k units/ annum where M&M has low presence , hence this launch would help M&M in gaining market share in overall tractor segment. (Positive read through)
Mahindra & Mahindra

1 Jun 2023 , 1:32PM M&M : Volumes – May 2023 – (Auto segment : marginally below estimate, tractor segment : below estimate) : Automotive segment reported 14.3% yoy increase and 1.4% mom decline in volumes to 61,415 units (against estimate of 63,750 units) and tractor segment reported 6.8% yoy increase and 3.2% mom decline in volumes to 34126 units (against estimate of 36,800 units).
Mahindra & Mahindra

1 Jun 2023 , 11:19AM M&M's wholly owned subsidiary Mahindra holding has completed the sale of 30% stake in Mahindra Susten (MSPL) to Ontario and it would sale additional 9.99% satke in MSPL by March 2024 (earlier M&M was expected to sale 9.99% stake in MSPL by 31st May 2023).
Mahindra & Mahindra

12 May 2023 , 9:45AM In April 2023, the production has increased by 18.5% yoy to 58,644 units. While domestic sales has increased by 40.9% yoy to 60,481 units , exports were down by 32.9% yoy to 1813 units.
Mahindra & Mahindra

2 May 2023 , 12:58PM While automotive segment reported volumes below estimates, tractor segment reported volumes in line with estimates. Automotive segment reported 36.5% yoy increase and 5.7% mom decline in volumes to 62,294 units (against estimate of 67850 units). Tractor segment reported 11.1% yoy decline and 4.0% mom increase in volumes to 36,405 units (against estimate of 36,000 units).
Mahindra & Mahindra

25 Apr 2023 , 2:30PM M&M has agreed to sell remaining 22.81% stake in Sanyo Special Steel Manufacturing India Private Limited at Rs 158 cr. The deal is likely to be completed by 30th May 2023. (in line with M&M’s strategy for non-core assets)
M&M

3 Apr 2023 , 12:58PM M&M : Volumes – March 2023 – above estimates : Automotive segment reported 21.0% yoy and 12.4% mom increase in sales to 66,091 units ( against estimate of 62,350 units). Tractor segment reported 17.6% yoy and 35.8% mom increase in sales to 35,014 units (against estimate of 29,000 units).
M&M total auto sales up 21% YoY at 66,091 units

3 Apr 2023 , 12:50PM Mahindra Auto records highest-ever vehicle sales at 66,091 units with 21% growth
Mahindra & Mahindra

20 Mar 2023 , 12:02PM M&M has increased its holding in M.I.T.R.A. Agro from 47.33% to 100% and now M.I.T.R.A.. become a wholly owned subsidiary of M&M. M.I.T.R.A is a leading player in horticulture spray segment and had a turnover of Rs 47.8 cr in FY22. It is a small ticket acquisition by M&M to expand its agri machinery business.
Mahindra & Mahindra

10 Mar 2023 , 11:58AM M&M has tied up with the State Bank of India (SBI) to provide easy loan options for its tractors and farm machinery products across India.
Mahindra & Mahindra

8 Mar 2023 , 12:30PM M&M has introduced OBD2 complaint XUV 300 with a price range of Rs 8.41 lakh to Rs 14.14 lakh.
Mahindra & Mahindra

6 Mar 2023 , 1:12PM M&M has increase Mahindra Thar LX RWD's price by Rs 50k to Rs 11.5 lakh and all other versions are available at an old price. Thar RWD was a launched at a discounted price for first 10k bookings. (Positive read through for M&M on shift of a product from discounted price basket to normal price basket)
M&M

1 Mar 2023 , 2:41PM Volumes Feb 2023: marginally above estimates – Automotive sales increased by 8.0% yoy but declined by 8.6% mom to 58,801 units (against estimate of 57,300 units). Tractor sales increased by 26.2% yoy but declined by 10.8% mom to 25,791 units ( against estimate of 24,000 units).
M&M Q3FY23 result

10 Feb 2023 , 2:32PM M&M Q3FY23 result :operating performance ahead of estimates
M&M

10 Feb 2023 , 10:01AM M&M has signed an MoU with Telangana Government for setting up a manufacturing facility, including development and production of electric 3 and 4-wheelers, pertaining to its 'Last Mile Mobility business'. The estimated investment for this proposed expansion is expected to be approximately Rs.1,000 crores to be made over a period of 8 years by the Company or any of its group company. Considering the size of the proposed investment, it is expected to fall under the Mega Projects category under the EV Investment Policy of the Government of Telangana. Positive read through for M&M
Mahindra & Mahindra

1 Feb 2023 , 2:38PM M&M reported higher than expected wholesale volumes in January 2023. Tractor segment registered 27.5% y-o-y and 24.5% m-o-m increase in volumes to 28,926 units (against our estimate of 26,000 units). Similarly automotive sales increased by 37.5% y-o-y and 13.5% m-o-m to 64,335 units (against our estimate of 59,550 units)
Tata Motors, M&M

20 Jan 2023 , 11:24AM Government has issued a notification regarding vehicle scrappage policy for government vehicles . According to that the government vehicles, which have completed 15 years of life will be scrapped from April 1, 2023. Earlier government has released a draft notification regarding the same policy in Nov 2022. This policy would drive replacement demand largely for bus manufacturers- directionally positive for Ashok Leyland , Tata Motors. Also as per media reports, TML is looking to raise US$500-600 million more for EV business – at a premium valuation to its previous round of funding. The company has earlier raised US$1billion from TPG rise and Abu Dhabi state holding. Positive read through
Stock Update: Mahindra & Mahindra

19 Jan 2023 , 11:42AM Stock Update: Mahindra & Mahindra – Competitively positioned in e-SUV
Mahindra & Mahindra

17 Jan 2023 , 10:39AM M&M has launched its electric SUV XUV 400 - as per stated timeline. XUV 400 would be available in 2 variants (EL and EC) with an introductory price range of Rs 15.99 lakh to Rs 18.99 lakh. First 5000 units of each of the variants would be available at an introductory price. M&M aims to sell 20k units in next 12 months subjected to the availability of components. While the bookings would start from 26th January the deliveries for EL would begin from March 23 and for EC would begin from Festive season (Diwali - 2023). Given the competitive pricing and past trends, M&M is expected to receive healthy bookings during initial phase. Positive read thru
M&M

13 Jan 2023 , 10:39AM The rating agency, CRISIL, has reaffirmed M&M’s credit ratings at AAA/A1+ and stable outlook. The ratings continue to reflect the leadership position of M&M in the tractor industry in India, its strong presence in the light commercial vehicles (LCVs) segment and the benefits of diversification. The auto segment should continue to report healthy volume given the strong order book of the launched models, including Scorpio N and XUV 700 and Thar. Furthermore, M&M is expected to add new models, including XUV-400 (electric sport utility vehicle) and vehicle refreshes.
Mahindra & Mahindra

2 Jan 2023 , 2:43PM The company continues to grow healthy for both farm equipment (tractors) and automotive segments. M&M’s tractor segment dispatched 23,243 tractors, reflecting a 27.2% y-o-y growth. The management has noted that Rabi crop sowing is progressing well and is higher than the last year’s acreage and also higher than the average of last 5 years. In respect of the automotive segment, the UV segment continues to grow robustly at 28,333 units, a growth of 62% y-o-y. In the CV segment, <2T segment grew by 7% y-o-y at 3,031 units, <2T but 3.5T segment grew by 29% y-o-y at 16,170 units and >3.5T segment grew by 51% y-o-y at 879 units. The three-wheeler continue to recover strongly at 5,052 units, reflecting a growth of 104% y-o-y. Positive
M&M

29 Dec 2022 , 10:24AM The company is acquiring its balance stake of MITRA Agro Equipments Private Limited (MITRA). Post-acquisition of the stake, MITRA would be 100% subsidiary of the company. The acquisition would support the Company’s farm equipment sector’s growth in the horticulture equipment sector. Positive read thru
Mahindra & Mahindra

15 Dec 2022 , 9:35AM The company’s planned investment of Rs10,000 crore for electric vehicles has been approved under the Maharashtra Government’s industrial promotion scheme for Electric Vehicles. The company will set up EV Manufacturing Plant in Pune. The company, through its EV subsidiary, will make investments of approx. Rs. 10,000 crore over a period of 7-8 years for setting up the manufacturing facility, development, and production of Mahindra’s upcoming Born Electric Vehicles (BEVs). Positive read thru
Tata Motors, M&M

14 Dec 2022 , 10:18AM As per media, China is planning US$143 billion fiscal incentive package for chips production industry. The package is expected to be roll out over the next five years through subsidies and tax credits to bolster semiconductor production and research activities. Any such announcement would be positive for the EV manufacturers, as this would support to mitigate chips supply constraints. Positive for OEMs such as Tata Motors and M&M.
Mahindra & Mahindra

16 Nov 2022 , 10:03AM The company’s Farm Equipment Sector (FES) has formally inaugurated its first dedicated farm machinery plant (non-tractor) in Pithampur, Madhya Pradesh. The new plant is strategically situated in the industrial city of Pithampur with access to a diverse supplier base, enabling it to manufacture affordable and accessible farm machinery equipment under the Mahindra and Swaraj brands. The plant will also manufacture products for export to global markets in Asia, Africa, Europe and Americas. Positive read through.
M&M

11 Nov 2022 , 9:47AM M&M and Mutares SE & Co. KGaA announced that Mutares has submitted an irrevocable binding offer to acquire 50% of equity and a controlling stake of 80% in Peugeot Motocycles (PMTC), a step down subsidiary of the company. M&M remains co-shareholder to support new product launches and the strong growth expected in the coming years. The closing of the transaction is expected in the first quarter of 2023 after consultation of the works councils and is subject to approval of the antitrust authorities. Mutares would be investing Euro 7 million in PMTC for its stake. Positive read thru
Reliance Industries, M&M

12 Oct 2022 , 10:55AM Jio-BP, the fuel retailing JV between Reliance Industries and BP, will extend its partnership with M&M to set up charging infrastructure for the upcoming electric SUV launches of M&M. Positive
Mahindra & Mahindra

11 Oct 2022 , 11:10AM The credit agency, CareEdge, has reaffirmed the company’s rating at CARE AAA/A1+ and stable outlook, driven by the company’s strong market position and leadership in domestic tractor industry, Light Commercial Vehicles (LCV) segment and EV-three-wheeler segment, well diversified business profile and experienced management. Positive
Mahindra & Mahindra

19 Sep 2022 , 11:01AM Ontario Teachers’, one of the world’s largest pension plans, will acquire a 30% stake in Mahindra Susten (MSPL), a step-down subsidiary of M&M, at an equity value of Rs 2,371 crore, which is 4x its FY22 revenues and 2.4x FY22 Networth. Under the purchase agreement, MSPL would sell another 9.99% to other investors or Ontario Teachers in May 2022. As a result of this transaction, the Mahindra Group is expected to receive Rs1,300 crore by way of 30% stake sale in MSPL and loan repayments made by MSPL. Positive
Stock Update: Mahindra and Mahindra

13 Sep 2022 , 9:54AM Stock Update: Mahindra and Mahindra Ltd. – Set for a charged-up ride
Mahindra & Mahindra

12 Sep 2022 , 10:15AM The company is firming up plans for EV production as the management remains optimistic about faster EV adoption. As per the media’s interaction with the management, 25% of the existing SUV buyers would consider buying EVs as their next purchase. We remain optimistic about EV adoption in India for PV in India. With five EV launches lined up by M&M under two brands, namely XUV and BE, and similar aggressive launches planned by other companies, we expect customer behavior to transition. Remain positive on M&M. Positive
Mahindra & Mahindra

9 Sep 2022 , 9:13AM M&M: The company unveiled its first all-electric SUV - the XUV400. The car will be initially sold in 16 cities including Mumbai, Bengaluru, Chennai and Delhi NCR. XUV400 will be direct rival for Tata Nexon in the Indian EV market for passenger vehicles. This is awaited launch by M&M and likely to make a strong hold in its EV portfolio. Positive
Mahindra & Mahindra

6 Sep 2022 , 12:30PM The company is expected to unveil its first electric vehicle (EV), XUV 400, this week. The model is electric version of XUV 300. The EV car will have two battery options to help the four-wheeler have a per-charge range in excess of 400 km. The pricing and features will be key monitorables to watch, on the launch. Positive.
Mahindra & Mahindra

29 Aug 2022 , 9:52AM The company has updated on events pertaining to cessation of SsangYong Motor Company (SYMC) and its subsidiaries as subsidiaries of the Company (M&M). The shareholders and unsecured creditors of SYMC has approved a rehabilitation plan prepared by the Receiver. The proposed rehabilitation plan reflects the investment agreement between the KG consortium and SYMC pursuant to which the KG consortium will acquire the debt-ridden SYMC for 930 billion won (equivalent to approximately Rs 5,523 crores) through primary equity investments in SYMC. KG Group led Consortium would get a stake of 80.50% in SYMC against their investment. The Company will get a cash payment of approximately 10 billion won (equivalent to approximately Rs.59.38 crores) and ultimately the shareholding of the Company will stand reduced to approximately 5.15%. Mahindra Electric Mobility Limited, a subsidiary of the Company, would get a stake of approximately 0.04% and cash payment of approximately 0.24 billion won (equivalent to approximately Rs.1.42 crores) against settlement of its outstanding dues. As the company has already made the requisite provisions on its exposure to SYMC earlier, there will not be any further impairment or write-off on the company’s book. Positive
Mahindra & Mahindra

16 Aug 2022 , 10:28AM The company unveils five electric vehicles to be built on a new platform over the next five years. The first launch will be the XUV e8 in December 2024, with the remaining four planned over the next two years. he company expects as much as 30% of its sales to come from EVs by 2027. he company expects as much as 30% of its sales to come from EVs by 2027. Also, the Volkswagen Group and Mahindra sign Term Sheet on supply of MEB Electric Components for Mahindra’s new Electric SUV family. Both companies will explore further potential opportunities for collaboration in India in the field of e-mobility, including Vehicle Projects, Charging and Energy Solutions and Cell Manufacturing. Positive
M&M

1 Aug 2022 , 9:58AM Scorpio-N has received a strong response from customers, as more than 1 lakh units of Scorpio-N is booked in the first 30 min. The ex-showroom value of transaction is ~Rs18,000 crore (US$ 2.3bn). The deliveries are expected to start from 26th September onwards and is expected 20k units delivery by December-2022. Positive.
M&M

22 Jul 2022 , 10:16AM The company has announced the prices of Automatic and 4WD variants of Scorpio-N, with the ex-showroom price starting from Rs15.5 lakh. The bookings will start from 30th July 2022. We remain positive on the new Scorpio-N launch, given its contemporary features and attractive price points. Recent launches by M&M has been successful and we expect M&M’s SUV market share to improve going forward. Positive
M&M

19 Jul 2022 , 10:25AM The company has increased its stake in its subsidiary Sampo Rosenlew Oy to 100% from 79.13% through acquiring 1,317 shares for total consideration of Euro 4.4 million (Rs35.6 crore). The acquired company is a leading company in combine harvester market in Europe, Eurasian countries and North Africa. M&M and Sampo plans to jointly develop new products in combine harvester markets and would focus on Asia, Africa, Eurasian Union of countries and Latin America. Positive
M&M’s EV business got BII as its first investor at valuation up to Rs 70,070 crore

8 Jul 2022 , 9:59AM British International Investment (BII), formerly known as CDC Group, has executed binding agreement with Mahindra & Mahindra (M&M) to invest up to Rs1,925 (US$ 250 million) into a wholly owned subsidiary of M&M that will be incorporated (EVCo). M&M will also invest Rs1,925 crore in the company. BII will invest up to Rs 1,925 crore in the form of compulsory convertible instruments at a valuation up to Rs70,070 crore for a stake of 2.75%-4.76% in the EVCo. BII and M&M will invest in two tranches, the first tranche of up to Rs1,200 crore each and it is expected to complete before 30th June 2023. The second tranche of investment would be up to Rs725 crore each from M&M and BII, which is expected to made post completion of certain milestone in FY24. The total capital infusion is expected to be ~Rs8,000 crore (US$ 1 billion) between FY24 and FY27. EVCo will focus on four wheel (4W) passenger electric vehicles. Both BII and M&M will bring other like-minded investors in the EVCo to match funding requirement in the phased manner.
M&M: FY22 Annual report highlights

5 Jul 2022 , 11:19AM Mahindra & Mahindra (M&M) has released its Annual Report for the FY2021-22
Stock Update: Mahindra &Mahindra

29 Jun 2022 , 11:45AM Stock Update: Mahindra &Mahindra Ltd. – Taking a powered-up ride
Mahindra & Mahindra

28 Jun 2022 , 10:40AM The company launched the most awaited SUV, Scorpio-N yesterday. The models have been priced aggressively with a lot of added features from its classic model. The pricing and features are competitive in the market. The Scorpio-N is available in petrol and diesel variants. The base petrol variant, Z2 is available at ex-showroom price of Rs12Lakh and the top diesel model, Z8L, is priced at Rs19.5Lakh (ex-showroom). We believe this would improve Scorpio sales significantly. Currently, Scorpio volumes are ~11,700 per quarter, which we expect to improve by 20-30% on a sustainable basis. Positive
M&M May total auto sales at 53,726 units

1 Jun 2022 , 2:41PM M&M overall auto sales for the month of May 2022 stood at 53726 vehicles
Mahindra & Mahindra

1 Jun 2022 , 2:17PM The company registered robust 209% y-o-y growth in automotive segment led by strong growth across segments. The company registered 234% growth at 26,632 units in UV segment. 3W sales are showing signs of recovery at 3,645 units, on back of reopening of schools, educational institutes and corporate. The tractor segment also reported strong monthly dispatches of 35,722 units- a growth of 48% y-o-y. This is on back of the timely arrival of the south-west monsoon and forecast of a normal monsoon, kharif crop is expected to deliver record production. Positive
M&M

24 May 2022 , 9:19AM The company target to be ‘planet positive’ by 2040 and its prime focus would be on electric vehicles. The new investments in automotive segments will be largely in the EV segment. The company is likely to reveal the time frame and range of EVs it plans to launch in EV segment in August. Positive
M&M signs binding agreement with Volkswagen to evaluate scope of collaboration

19 May 2022 , 12:16PM Volkswagen and Mahindra sign Partnering Agreement for MEB electric components in Chennai
M&M

6 May 2022 , 9:40AM As per media, the company is in early stages to separate the EV, tractor and PV businesses into three different companies via demerger process. If the company goes through trifurcation, it would lead to value unlocking, especially the EV business vertical.
Mahindra & Mahindra

19 Apr 2022 , 9:13AM M&M: Three firms have submitted their bids to acquire the M&M’s subsidiary, SsangYong Motor Co. As per the media, the local underwear company Ssangbangwool Group, chemical-to-steel conglomerate KG Group and private equity (PE) firm Pavilion PE have submitted letters of intent to accounting firm EY Hanyoung, SsangYong's lead manager for the deal.
M&M launches CNG three-wheelers priced at Rs. 2.57 lakh

4 Apr 2022 , 3:31PM Mahindra launches new Alfa CNG in Cargo and Passenger variant
M&M sells 54,455 vehicles in February

2 Mar 2022 , 11:10AM Mahindra & Mahindra's overall auto sales jumped 89% YoY in the month of February 2022
M&M hikes stake in MITRA Agro Equipments

18 Feb 2022 , 11:44AM M&M signs SPA for acquiring not more than 21,875 equity shares of Rs. 10 each
Tata Motors, Mahindra

20 Jan 2022 , 10:37AM Tata Motors, M&M: as per media, Maharashtra govt. will extend all possible support to the EV industry. Maharashtra govt. will acquire ONLY electric vehicles for govt. use this year. Positive for players such as Tata Motors and M&M.
M&M partners with Hero Electric Vehicle in electric mobility

19 Jan 2022 , 12:14PM Hero Electric and Mahindra & Mahindra announce strategic partnership in electric mobility
Mahindra, M&M

19 Jan 2022 , 11:41AM As per media, M&M group is planning to unlock value and restructure businesses through demerger in to three business units. A new company will be formed by separating the agriculture and farm from the overall business. Also, electrical Vehicle Mobility Solutions may also be separated as a different entity.
Mahindra & Mahindra

18 Jan 2022 , 11:11AM As per media, the management of M&M expect demand for commercial vehicles to remain muted in Q4FY22, with the current surge in COVID cases. The company expects the demand in CV is expected to revive from Q1FY23.
M&M

7 Jan 2022 , 2:01PM M&M: The company’s step down subsidiary has incorporated a company, Bristlecone Internacional Costa Rica Limited. The incorporated company will be engaged in IT business in field of business consulting and software implementation.
Mahindra & Mahindra

29 Dec 2021 , 10:49AM M&M has signed an agreement to subscribe 1,60,74,000 shares of ReNew Sunlight Energy Pvt. Ltd. constituting 31.2% of the company. RSEPL has become an associate of M&M and shall be supplying solar power to the Company as a Captive User. Also, Mahindra Engineering and Chemical Products Ltd., a wholly owned subsidiary, has agreed to sell its entire stake aggregating 49% in Mahindra Tsubaki Conveyor Systems Pvt. Ltd. Further, as per the media report, Mahindra Electrics likely to invest close to INR 300 crore for its last-mile mobility business which is about 10% of its allocated EV biz investment. The company is likely to close FY22 with the volumes of about 14,000 to 15,000 EV, which could potentially double in FY23 provided semiconductor challenges do not aggravate. Positive read thru
M&M farm equipment sector sells 26,094 units in Nov 2021

1 Dec 2021 , 2:31PM Domestic sales in November 2021 were at 26094 units
M&M reports 6% YoY drop in November auto sales

1 Dec 2021 , 2:29PM Mahindra Auto sells 40102 vehicles in November 2021; Utility Vehicles register a growth of 8%
Stock Update: Mahindra & Mahindra

17 Nov 2021 , 11:06AM Stock Update: Mahindra & Mahindra Ltd. – Mixed results in Q2; fundamentals stay strong
Mahindra & Mahindra

19 Oct 2021 , 9:49AM As per media reports, CESL ltd., a subsidiary of Energy Efficiency Services Ltd (EESL), has received a bids for seven times the proposed purchase plan from 21 companies for one of its tender, including bids for companies such as Mahindra Electric Mobility, Piaggio India, and Kinetic Green Energy and Power Solutions. The tender is for supplying electric three-wheelers (E3W) as part of a 100,000-vehicle tender estimated to be worth of ~Rs3,000 crore. Positive for M&M.
M&M Auto sells 28112 vehicles in September 2021

1 Oct 2021 , 2:41PM M&M overall auto sales for the month of September 2021 stood at 28112 vehicles
Mahindra & Mahindra

1 Sep 2021 , 3:14PM The company’s wholesale dispatches for automobile segment remained flat, showing a growth of 0.5% y-o-y to 30,585 units in August 2021, led by 17% y-o-y growth in passenger vehicles, partially mitigated by 45.2% y-o-y decline in LCV, ~7.5x growth in 3Ws on low base, and 172% y-o-y growth in exports. On m-o-m, the automotive sales are down 28.8%. The sales were negatively impacted by semi-conductors supply constraints. The company is witnessing strong booking for its passenger vehicles, with robust demand for Thar, XUV 300 and the recently launched Bolero Neo and Bolero Pik-up range . The tractor sales were up 7.9% y-o-y to 21,360 units, led by 5.2% y-o-y growth in domestic sales and 70.4% y-o-y in exports. The company witnessed smart recovery in overall acreage of Kharif crops with most of the key crops posting acreage levels closer to last year sown area, despite erratic monsoon in select markets. The management is expecting a robust demand in the near term, ahead of festive period and harvesting season.
Mahindra overall auto sales at 30,585 in Aug 2021

1 Sep 2021 , 1:03PM Mahindra auto registers growth of 17% in passenger vehicle sales; Overall sales at 30585 vehicles in August 2021
Mahindra & Mahindra

30 Aug 2021 , 9:43AM The Ministry of Defence (MoD) has awarded a major contract to Mahindra Defence Systems (MDS) worth Rs 1,350 crore. The contract is for the manufacturing integrated anti-submarine warfare defence suite (IADS) for modern warships of Indian Navy. Positive
Mahindra & Mahindra

16 Aug 2021 , 9:31AM M&M has launched its XUV700, a sport utility vehicle, with prices starting at Rs 11.99 lakh for its five-seater variants. The XUV700 will come in diesel and gasoline variants, with manual and automatic options and with five- and seven-seater capacity. It will also be available in an optional All-Wheel-Drive (AWD) specification. The launch is a much awaited launch and is expected to drive M&M’s volume and market share. Positive read thru.
Mahindra & Mahindra

4 Aug 2021 , 10:21AM M&M: The rating agency, Care Ratings, has reaffirmed credit rating at AAA/ A1+ and stable outlook. The ratings assigned, as M&M continue to reflect its dominant market position in the Indian Tractor industry and Light Commercial Vehicles (LCV) segment along with its diversified product profile and experienced management. Positive
Mahindra & Mahindra (M&M)

2 Aug 2021 , 1:01PM The company has reported better than expected auto wholesales in July 202, while the tractor sales dipped 43.5% m-o-m. UV sales grew by 25% m-o-m to 20,797 units. LCV and MHCV also grew by robust 39.6% m-o-m and 23.3% m-o-m at 17,238 units and 428 units respectively. The management is witnessing a significant improvement in enquiries this month. The company launched two new products in July’21 – the Bolero New and the Supro Profittruck range of SUV. In the farm sector, the management continues to remain positive as crop sowing operations continue to gain traction with the monsoon picking up pace across all the regions. July is seasonally weak quarter for tractors. Positive
Mahindra & Mahindra

30 Jul 2021 , 2:33PM As per media, U.S.-based Cardinal One Motors, SM Group and Edison Motors Co. have submitted letters of intent to acquire SsangYong Motor, a subsidiary of M&M. Duke Hale, chief of Cardinal One Motors, founded HAAH Automotive Holdings Inc. seven years ago to import vehicles from China for U.S. sales and tried to acquire SsangYong through the business entity. But HAAH recently filed for bankruptcy due to rising U.S.-China tensions and the former HAAH chairman set up Cardinal One Motors to push ahead with the plan to acquire SsangYong. Edison Motors has formed a consortium with the Keystone private equity fund and two other financial investors to join an upcoming auction to take over SsangYong. SM Group has an interest in taking over SsangYong to diversify its business portfolio, which ranges from construction to shipping and auto parts manufacturing. M&M had been in talks with HAAH to sell its majority stake in the Korean unit since last year as part of its global reorganization plan. The successful bidding process would help M&M to exit Ssang Yong business. M&M treats Ssang Yong business as discontinued operations in P&L.
Mahindra & Mahindra

19 Jul 2021 , 2:39PM M&M: The company has announced inspection and replacement of diesel engines in some of its vehicles manufactured at Nashik factory for suspicion of premature wear of engine parts due to contaminated fuel that was received in the factory on a particular date, and was filled in the select batch. It is estimated that the number of vehicles affected to be less than 600 units. The cost would bear by the company.
Mahindra & Mahindra

13 Jul 2021 , 3:19PM M&M launched the new ‘Bolero Neo’ at an introductory price of Rs8.48 Lakh (ex-Showroom Price, All India) for the N4 variant. The new Bolero Neo will cater to the evolving customers looking for an SUV that is tough and authentic yet modern and trendy. The existing Bolero will continue to sell along with the Bolero Neo in the market. This is in-line M&M renewed focus on core businesses. The company had laid down a strong road map for its automotive segment, through investing in technology and launching new products regularly to re-gain its market share in the segment. We maintain our Buy rating on the with PT of Rs1,000.
Mahindra & Mahindra

12 Jul 2021 , 10:48AM M&M’s subsidiary, Ssangyong Motors, has decided to sell the site of its plant in Pyeongtaek as part of self-rescue efforts. The city government of Pyeongtaek, and Ssangyong Motors have signed a MOU, along with labour Union regarding the sale of the site, which is valued at $786 million (900 billion won). Ssangyong will open a new facility and would get support from local city government in construction and relocation. M&M intends to exit Ssangyong as the majority shareholder and shows Ssangyong business as a discontinued operation in its balance sheet. We have a buy rating on M&M with PT of Rs1,000.
Mahindra & Mahindra

7 Jul 2021 , 10:49AM M&M has signed an agreement to subscribe 1.61 equity shares of ReNew Sunlight Energy Private Limited (RSEPL), for a cash consideration of Rs16.1 crore. RSEPL will enable the Company to become Captive User and consume solar power generated by RSEPL.
M&M to acquire 31% in solar power generation company

7 Jul 2021 , 10:45AM M&M signs Power Delivery Agreement with ReNew Sunlight Energy Pvt. Ltd
Mahindra auto sector sells 32964 vehicles in June 2021

1 Jul 2021 , 1:26PM M&M overall auto sales for month of June 2021 stand at 32964
Mahindra & Mahindra

1 Jul 2021 , 1:10PM &M: The June monthly recovery in M&M is strong, both in tractors as well as automobiles. The automotive division volume stood at 32,964 units (up 70.3% y-o-y & 89.4% m-o-m) in June’21, while tractor sales were at 48,222 units (up 32% y-o-y and 94% q-o-q). In the automotive division, the company has witnessed recovery in rural as well as urban demand. Also, the management sees supply chain issue to be in control, except semi-conductor issue. In the farm sector, the company continues to remain optimistic about the progress of the monsoon and tractor demand in the coming months. We have a buy rating with PT of Rs1,000.
ICRA reaffirms M&M’s credit ratings

15 Jun 2021 , 3:24PM Core biz profitability and healthy liquidity keeps ratings steady
Mahindra & Mahindra

9 Jun 2021 , 10:35AM As per media, Ssangyong Motor has agreed to accept the restructuring measures and looks to complete the sale process by finding a new majority investor by this October. The Ssangyong labour union has also agreed to take a two-year unpaid leave with all company benefits suspended until June 2023. M&M is on a lookout of investor to exit Ssangyong. M&M shows Ssangyong as discontinued business in books of account. We have buy rating on M&M.
Mahindra & Mahindra

4 Jun 2021 , 9:08AM M&M’s subsidiary Mahindra Telephonics Integrated Systems has been awarded a Rs323.5 crore contract by Ministry of Defence for procurement of 11 Airport surveillance radars with monopulse secondary surveillance radar for Indian Navy and Indian Coast Guard. Also, Ssangyong Motors has submitted self-rescue plan to bring it out of bankruptcy. As per media, Ssangyong looks to complete the sale process by finding a new majority investor by this October. Positive
Mahindra & Mahindra

2 Jun 2021 , 10:22AM As per media, the negotiations between Brookfield and Mahindra Group to buy the conglomerates engineering, procurement and construction (EPC) business, Mahindra Susten, is taking more time than anticipated. The report discusses differences over deal terms, indemnities and revised valuations. Both the parties had signed a non-binding term sheet for exclusive negotiations earlier this year. Such delay may lead to a formal termination of talks. As per media, both sides have not come to any final conclusion. We expect the overhang on the issue would have negative sentiment on the stock.
Mahindra & Mahindra

1 Jun 2021 , 3:23PM M&M: The company has reported strong tractor dispatches for the May’21 month, while automobile numbers were subdued in line with expectations. Tractor dispatches were flat on y-o-y basis at 24,184 units in May’21. On m-o-m basis, the tractor dispatches declined 12.1%. The company is witnessing sharp improvement in farmer sentiments and green shoots of recovery, especially since the last week, as farmers start preparing their land for upcoming Kharif crop season. The management remain positive on the outlook, aided by a bumper Rabi harvest, record procurement, food prices holding up, gradual opening up of Mandis and expectations of a normal monsoon. In the automotive business of the company, the dispatches for the PVs declined 56.2% m-o-m, due to lockdown, while LCV and 3W dispatched declined 49% m-o-m and 86.7% m-o-m respectively. The management indicated the company continues to receive strong bookings for Thar, XUV300, Scorpio and Bolero, despite long waiting period.
Mahindra & Mahindra

31 May 2021 , 2:42PM As per media, M&M’s subsidiary South Korean auto firm SsangYong Motor's continue to look for new majority investor by October in order to complete the sale process. This comes as the company struggles under court receivership. Ssangyong is expected to invite tenders by next month and is likely to submit a restructuring programme by the first week of July. Ernst & Young Hanyoung has been appointed by the court to oversee the sale process The parent company, M&M has already decided to pull out of the Ssangyong. Ssangyong has been treated as discontinued business in Q4FY21 results. We have a buy rating on M&M with PT of Rs1,000.
Mahindra & Mahindra

12 May 2021 , 9:09AM M&M: The company’s management expects 15-20% q-o-q decline in sales volume in Q1FY22. The impact on sales of tractor and vehicles to be temporary. The company highlighted that global shortage of semi-conductor to pose challenges in near-term.
Mahindra & Mahindra

7 May 2021 , 11:28AM The company has announced to open an advanced design centre for mobility products in the U.K. The company will set up Mahindra Advanced Design Europe (MADE) in the West Midlands, U.K. The new Centre of Excellence will be a part of the Mahindra Global Design Network that includes the Mahindra Design Studio in Mumbai, India, and Pininfarina Design in Turin, Italy. This renews the company's commitment to design and develop dynamic.
Mahindra & Mahindra

3 May 2021 , 9:09AM M&M plans to enhance its stake to 100% in Meru Travel Solution pvt. Ltd. from the current 43.2%. The company would acquire 44.14% shares from Private Equity investor, True North and others for an amount not exceeding Rs. 76.03 crores and 12.66% shares from Mr. Neeraj Gupta and Mrs. Farhat Gupta, for an amount not exceeding Rs. 21.63 crores.
Mahindra & Mahindra

27 Apr 2021 , 11:19AM M&M: NCLT has approved the scheme of merger by absorption of MVML and M&M. The appointed date of the scheme is 1st April, 2019.
Mahindra & Mahindra

22 Apr 2021 , 10:21AM As per the media, the company is scouting for land in Punjab, and some other states to set up a new tractor manufacturing facility to meet future demand as its existing plants are operating over 100% capacity. We have a buy rating on the company with PT of Rs1,000.
Mahindra & Mahindra

12 Apr 2021 , 10:22AM As per media, M&M will put in fresh investments to the tune of Rs 3,000 crore on its electric vehicles business over the next three years, while it looks for more alliances and partnerships in the vertical. Also, M&M’s Korean subsidiary Ssangyong Motor is expected to go into court receivership as early as next week. In receivership, the court will decide whether and how to revive the company.
Mahindra new global SUV project codenamed W601 to be branded XUV700

8 Apr 2021 , 10:31AM M&M unveils the brand name of its new SUV, built on the W601 platform
M&M signs MoU with Mahindra MSTC

7 Apr 2021 , 12:34PM M&M signs MoU with Mahindra MSTC Recyling to offer end-to-end vehicle scrapping solutions
Mahindra & Mahindra

7 Apr 2021 , 12:18PM M&M has incorporated a new step-down subsidiary company, Mahindra Solarize Pvt Ltd. The new company will be mainly engaged to undertake business of Distributed Energy including rooftop solar installation for commercial, industrial, institutional and residential segment, solar water pump and other Renewable Energy industry based products, including Engineering Procurement & Construction (EPC).
Mahindra & Mahindra

1 Apr 2021 , 2:13PM M&M monthly sales were ahead of expectations in both divisions – automobiles and tractors. Positive
M&M reports sale of 40,403 units in March

1 Apr 2021 , 1:04PM Mahindra auto sector sells 40,403 vehicles in March
Mahindra & Mahindra

31 Mar 2021 , 2:33PM M&M’s subsidiary Mitsubishi Mahindra Agricultural Machinery Co., Ltd (MAM) has entered into a business agreement with Kubota co. ltd. (Japan) to start discussion to endeavour to offer products, services and solutions that meet the customer needs through mutually utilizing resources to contribute to continuous and stable food production in Japan. The scope of business collaboration includes
M&M signs pact with Kubota

31 Mar 2021 , 1:55PM Agreement on Collaboration for Japanese Domestic Operations
Mahindra & Mahindra

30 Mar 2021 , 11:15AM As per media, M&M’s SsangYong Motor Co., has been blacklisted after its financial statements for 2020 were rejected by the independent auditor. SsangYong Motor’s financial statement was turned down by outside auditor, as its liabilities exceeded the working capital by 111.8% as of the end of last year.
M&M

23 Mar 2021 , 9:40AM The Ministry of Defence has signed a contract with M&M’s subsidiary ‘Mahindra Defence Systems Limited’ for supply of 1,300 Light Specialist Vehicles to Indian Army at a cost of Rs 1,056 crore (~Rs 81.2 lakhs per vehicle). The induction of vehicles is planned to be completed in four months. Positive read thru
Mahindra & Mahindra

18 Mar 2021 , 9:13AM As per media, M&M’s 75% ownership in Ssangyong is expected to reduce and HAAH Automotive Holdings is expected to become the largest shareholder with a 51% controlling stake by purchasing new shares worth $250 million. SsangYong Motor Co. is understood to have made an advance payment of 140 million won ($123,806.15) required to start a pre-packaged or standard bankruptcy procedure to Seoul’s bankruptcy court. Positive read thru.
M&M

15 Mar 2021 , 9:31AM M&M: On media, M&M commented on its EV strategy
Maruti Suzuki, M&M, Ashok Leyland, Tata Motors, Shriram Transport

15 Mar 2021 , 9:30AM The Transport Ministry issued a draft notification proposing that registration of motor vehicles owned by government will not be renewed after a period of 15 years. This policy is proposed to be effective from 1 April 2022. The proposal is positive for automobile companies having sales exposure to government. Sentimentally positive for Shriram Transport as well which specializes in used CV finance business.
M&M

12 Mar 2021 , 9:35AM As per media, M&M has received clearance from the Reserve Bank of India to reduce its stake in Ssangyong Motor from 75% to 25% through capital reduction. The news indicates the sale process with the potential investor HAAH Automotive Holdings on fast track. Ssangyong is expected to submit P-Plan, or a pre-packaged rehabilitation plan by March 15, 2021. Positive read thru
M&M

10 Mar 2021 , 10:41AM The company's commercial vehicles' production rose 6.09% y-o-y to 14,827 units in February 2021. Sales declined 41.96% to 9,202 units Vs 15,856 units in February 2020. Exports declined 2.23% to 1,007 units Vs 1,030 units in February 2020.
Mahindra & Mahindra

24 Feb 2021 , 3:37PM M&M: As per media, M&M’s farm equipment division is in talks with a few state governments for land to build a new tractor manufacturing plant under the Swaraj brand to cope up with the rising demand. Positive read thru
Mahindra & Mahindra

23 Feb 2021 , 3:00PM As per media, Amazon India has announced its partnership with Mahindra Electric and would acquire Mahindra Treo Zor electric tri-wheeler for its delivery fleet. It has currently deploys close to 100 Mahindra’s Treo Zor in seven major cities. Positive read thru
Mahindra & Mahindra

19 Feb 2021 , 10:11AM As per media, Ford Motors has frozen all projects it was working on with M&M, while Ford plans new strategy for India. However, the options could include working out a new relationship with M&M.
Mahindra & Mahindra (M&M)

9 Feb 2021 , 10:06AM As per media, Amazon.com Inc., through its logistic partners is reportedly in talks with Mahindra Electric to source electric three-wheelers for some of its global operations. Also, the media reports, that M&M’s subsidiary, Susten by Mahindra, is in talks with Brookfield Asset Management for its stake sale. Positive read thru.
Mahindra & Mahindra

3 Feb 2021 , 11:21AM M&M launched the XUV300 petrol AutoShift variants at competitive price of Rs 10 lakh (ex-showroom) to fuel growth in its UV business. The compact SUV segment is one of the fastest growing sub-segments in PV sector. We expect M&M to continue to maintain its market share in the UV segment, driven by new launches and upgrades. Positive read thru
Mahindra & Mahindra

2 Feb 2021 , 9:35AM As per Korean media, Ssangyong Motor is expected to sign an agreement with a potential Investor and submit a pre-packaged bankruptcy plan in the Seoul court sometime in early February. Also, Ssangyong announced its January month volume numbers, which grew 13.4% y-o-y at 8,678 units, driven by sales of its new model Rexton and 44.5% growth in export sales. Positive read thru
M&M

1 Feb 2021 , 3:38PM M&M reported robust 50.4% y-o-y growth in tractors at 34,778 units for the month of January’20 , driven by strong farm sentiments. The domestic sales were up 50% y-o-y, while exports were up 55% y-o-y in January’20. M&M’s automobile segment declined 25.5% y-o-y at 39,159 units, mainly due to decline in LCV < 3.5T and 65% decline in 3-wheelers sales. The UV sales improved 5.5% y-o-y at 20,498 units. In January’20
M&M

18 Jan 2021 , 9:43AM As per media reports, Korean Development Bank (KDB), the lender of Ssangyong Motor (SYMC), is willing to inject additional funds into the company, provided M&M retains its majority stake in SYMC. KDB has requested M&M to provide a guarantee for SsangYong’s debt as a major shareholder. However, M&M has plans to exit SYMC as a majority holder and pull down its stake below 30%. The final decision has not been taken and the negotiation is under way.
Mahindra & Mahindra

14 Jan 2021 , 9:39AM Mahindra & Mahindra has started developing a grounds up electric vehicle architecture at its North America R&D center in Detroit to cater to electric vehicles for Indian and the global market. Positive
Maruti Suzuki, M&M, Tata Motors

12 Jan 2021 , 9:17AM Maruti Suzuki, M&M, Tata Motors: As per media reports, the passenger cars segments are expected to grow at 30% in the year 2021, driven by new product launches, quick economic recovery, upside from COVID-19 vaccines and low base. Positive for passenger vehicles.
Mahindra & Mahindra

12 Jan 2021 , 9:12AM As per Korean media, domestic creditors including Korean Development Bank (KDB) have put conditions on further fund infusion into Ssangyong Motors. The conditions include M&M to keep its majority stake in Ssanyong to receive additional funding from creditors. The second condition is that the maturity of the existing loans should be extended after the maturity of the new loans. We are yet to receive confirmation from M&M in this regard. The conditions, if true, goes against M&M's goal of withdrawing from SsangYong Motor after disposing of its majority stake. The creditors expect M&M to extend guarantees for additional funds infused in Ssangyong.
Mahindra & Mahindra

8 Jan 2021 , 1:21PM M&M: With effective January 8, 2021, M&M has increased prices of its range of personal and commercial vehicles by around 1.9%, resulting in an increase of Rs 4,500 - Rs 40,000, depending on the model and variant. Positive
Stock Update: Mahindra and Mahindra

4 Jan 2021 , 12:19PM Stock Update: Mahindra and Mahindra - New Year; New Beginnings
M&M, Ford agree to end JV plans

1 Jan 2021 , 12:49PM The deal had been originally made over a year ago
M&M’s overall auto sales drop 10.3%

1 Jan 2021 , 12:38PM Tractor sales jump 25%; LCVs and three-wheelers drag
M&M receives favourable ruling in US

28 Dec 2020 , 2:27PM This is in reversal of the US regulator’s ruling six months ago.
Mahindra & Mahindra

23 Dec 2020 , 9:15AM After Ssangyong had filed application for rehabilitation in Seoul Court, JP Morgan Chase Bank has issued a notice to Ssangyong demanding the repayment of outstanding loan amount of 40 billion KRW (~Rs 268 crore) along with the interest
Mahindra & Mahindra

22 Dec 2020 , 9:45AM M&M’s subsidiary Ssangyong Motor Company (SYMC) has filed bankruptcy in a Seoul Courts. SYMC SYMC has also applied for an Autonomous Restructuring Support (ARS) program which is a court designed process.
M&M raises tractor prices

21 Dec 2020 , 12:24PM M&M to hike prices of its tractors from January
Mahindra & Mahindra

17 Dec 2020 , 9:48AM As per media, Mahindra Electric is hoping to match previous year (FY20) sales of 14,300 units. The company is readying its EV portfolio ranging from Rs1.75-15 lakh. M&M has invested Rs500 crore in EV portfolio out of planned capex of Rs1,500 crore. Positive
Mahindra to hike vehicle prices

16 Dec 2020 , 10:14AM M&M increase prices of its passenger and commercial vehicles across models
Mahindra

16 Dec 2020 , 9:40AM M&M has informed that it will increase the price of its range of passenger and commercial vehicles, across models with effective from Jan’21 to address the rise in commodity and other input prices. Positive read thru
Mahindra & Mahindra

15 Dec 2020 , 10:19AM Motors, a subsidiary of M&M, misses repayments of the loans aggregating ~60 billion KRW (approx. Rs 408 crores). The amount was due and payable on 14th December 2020. The M&M subsidiary is a loss making- Negative
Mahindra & Mahindra

14 Dec 2020 , 10:29AM As per media reports, M&M is liquidating Pininfarina Engineering, a unit of its Italian subsidiary Pininfarina, citing strategic irrelevance of the business and poor market visibility. This step is in-line with the company’s strategy to exit loss-making ventures. Also, as per media, M&M is contemplating a 2% price hike in UV segment from Jan’21. Positive read thru
Mahindra & Mahindra

11 Dec 2020 , 10:42AM M&M released production, sales and exports number for November’20. The domestic sales increased 9.5% y-o-y at 19,029 units, while exports declined 14% y-o-y at 1,111 units in November’20. Also, rating agencies, ICRA and Fitch affirmed their existing ratings. Positive
Mahindra & Mahindra

10 Dec 2020 , 10:29AM M&M has subscribed 1,050 Equity Shares of Sampo Rosenlew Oy, Finland, a Subsidiary of the Company (“Sampo”) for a cash consideration of Rs 31.2crore. Post-acquisition, the voting rights of the Company in Sampo, would increase from 74.97% to up to 79.13%. Positive
M&M

3 Dec 2020 , 12:22PM CARE Ratings has reaffirmed AAA rating on long-term bank facilities of Rs 1,402.42 crore and A1+ rating on short-term facilities of Rs 38.58 crore. M&M has a robust debt coverage indicator marked by overall gearing of 0.11x (PY:0.08x) and interest cover of 51.00x (PY:51.33x) at the end of FY20. Positive read thru
Mahindra & Mahindra

27 Nov 2020 , 9:42AM M&M is exiting two of its loss-making subsidiaries - Mahindra First Choice Services Ltd (MFCSL) and Auto Digitech Pvt. Ltd. (ADPL), in a share swap transaction.
Mahindra & Mahindra

23 Nov 2020 , 10:26AM As per media news, Company wants to create a separate vertical for services and consumer solutions; M&M’s shared mobility business is likely candidate for listing. Management see a huge potential in Shared Mobility Business. Company is aiming to be Rs 20,000 cr business by 2025. As per the management, Alyte, Meru & Glyde has combined potential to become a billion dollar business. Positive read thru
Mahindra & Mahindra

20 Nov 2020 , 9:48AM M&M has stated that metros and urban areas have started seeing pick up in sales in Q2FY21. Company expect healthy sales momentum to continue till January 2021. Positive read thru.
Mahindra & Mahindra

19 Nov 2020 , 2:58PM As per media interaction, M&M stated that tractor growth has been strong on back of good kharif season and it continues to see robust demand. Company is operating at 90% capacity utilisation in tractors. Company stated that record 26% EBIT margin in tractors witnessed in Q2FY21 is not sustainable but overall margins profile will keep improving as some cost cuts are sustainable. Overall commentary on strong tractor demand and improving margin profile is positive. M&M further stated it is looking out for potential investor for its Korean subsidiary Ssangyong Motors.
M&M to manufacture a new tractor series'K2'

17 Nov 2020 , 12:12PM Mahindra's tractor plant at Zaheerabad in Telangana to be Hub for New K2 Tractor Series
Mahindra & Mahindra

10 Nov 2020 , 2:32PM Mahindra & Mahindra: Operating beat driven by better margins; lower other income lead to Adj PAT coming in-line; Provision for impairment of long-term investment impacts profitability; M&M expects capacity utilization to recover in Q3 and gain some traction from Q4
Mahindra & Mahindra

5 Nov 2020 , 12:23PM Recently launched offroader SUV "Thar" has crossed 20,000 bookings within a month of its launch. Thar waiting period is now about 5-7 months. Company is increasng capacity from 2,000/month to 3,000/month by January 2020 to reduce the waiting period. Positive read thru.
Mahindra & Mahindra

30 Oct 2020 , 12:08PM Mahindra & Mahindra: Launches new electric cargo 3 wheeler Treo Zor; eyes partnership with e-commerce companies
Mahindra & Mahindra

26 Oct 2020 , 11:55AM Mahindra & Mahindra: Subsidiary Ssangyong reports net loss of 102.44 Korean billion won in Q3CY20 as compared to 107.99 Korean billion won in Q3CY19; while the losses continue at Saangying, M&M has clearly stated it would not invest additional funds in Ssangyong and is looking to exit the company.
Mahindra & Mahindra

20 Oct 2020 , 12:36PM Mahindra Thar off roader SUV has recorded over 15,000 bookings and the company is planning to ramp up the capacity of Thar off roader. Mahindra stated that 57% of the customers opting for a new Thar are first time buyers and the automatic variant is the most popular option. Positive read thru.
Greaves Cotton, Mahindra, Tata Motors

8 Oct 2020 , 11:23AM Gujarat, Maharashtra and Uttar Pradesh mulling to offer incentives for electric vehicles; positive if incentives are provided; Electric two-wheeler sales up 72% in September 2020
Mahindra & Mahindra

6 Oct 2020 , 10:36AM As per media news, Mahindra recently launched Thar Sports Utility vehicle has garnered 9,000 bookings. Company had officially launched Thar on 2nd October. Positive read thru.
Mahindra & Mahindra

5 Oct 2020 , 11:42AM Mahindra launches the all-new Thar SUV, with price of Rs 9.8 lakh to 13.75 lakh; positive read thru
Mahindra & Mahindra Sep sales

1 Oct 2020 , 2:52PM Utility vehicles and LCV report growth on yoy basis; tractor sales report strong double-digit growth; overall sales broadly in line with estimates; festive commentary encouraging
M&M farm equipment sector sells 42,361 units in Sept 2020

1 Oct 2020 , 1:44PM Mahindra’s farm equipment sector sells 42,361 Units in India during September 2020
M&M auto sector register 6% rise in Sept 2020

1 Oct 2020 , 1:34PM Mahindra's Auto sector sells 35,920 vehicles, registers a 6% growth in UVs in September 2020
M&M increases its stake to 74.97% in Sampo Rosenlew

25 Sep 2020 , 12:38PM M&M convert 480 compulsorily convertible preference shares of Rosenlew Oy, Finland
Maruti Suzuki, M&M

25 Sep 2020 , 11:22AM As the festive season sets in, passenger vehicle companies have commenced launches in a bid to excite buyers and boost sales in festives. M&M will launch “Thar” off roader SUV while Maruti will launch new version of Celerio hatchback. Positive read thru
Maruti Suzuki, M&M

22 Sep 2020 , 11:54AM Rival Kia Motors targets 1 lakh sales of compact SUV "Sonet" in first year; to increase competition in PV space
Mahindra & Mahindra

21 Sep 2020 , 12:03PM As per media reports, HAAH Automotive has offered to invest USD 258 million (about Rs 1,800 cr) in M&M's loss making Korean subsidiary Ssangyong Motor Corporation. It is not clear how much stake HAAH Automotive is planning to take in Ssangyong. M&M currently holds majority 74% stake in Ssangyong and has stated it would not make any fresh investment in Ssangyong and is looking to exit the company. If HAAH and M&M reach an agreement for stake sale it would be positive for M&M.
Mahindra & Mahindra

18 Sep 2020 , 3:17PM As per media sources, US based HAAH Automotive could make a binding offer for M&M’S Korean subsidiary Ssangyong Motor Corporation. M&M which currently has 74.65% stake in Ssangyong is looking to exit as the subsidiary is loss making. M&M has stated earlier that it would not infuse fresh funds in Ssangyong. Stake reduction or exit from loss making Ssangyong would be positive for M&M.
Mahindra & Mahindra

14 Sep 2020 , 12:09PM As per media news, HAAH Automotive Holdings, a U.S. automobile distributor has submitted bid for acquiring stake in M&M’s loss making Korean subsidiary SsangYong Motors. M&M currently has about 73% stake in Ssangyong and M&M exit from Ssangyong would improve Mahindra’s overall profitability. Positive read thru.
Escorts, M&M

11 Sep 2020 , 11:42AM The management in media interview highlighted that supply chain issues have been almost sorted out. Company stated that demand situation is healthy currently and festive season would further aid demand. Company expects strong growth in October and November 2020 due to festive season and expect md- single digit growth for the tractor industry in FY21. Escorts has further stated that it expects market share gains to continue in FY21 and expects margins to improve. Industry tractor demand commentary is positive for both Escorts and M&M.
Mahindra & Mahindra

10 Sep 2020 , 12:37PM Company management in media interview has stated that rural demand has been bouyant on last year's strong rains, build up in water reservior levels and higher Government spending. M&M has stated that festive season this year is a littl later and the company expects festive season demand to be strong. Company stated that urban demand is coming back. Cash flows have been very positive from customers to dealers. Commentary on strong festive demand and recovery in urban demand is positive.
Mahindra & Mahindra

4 Sep 2020 , 12:10PM M&M would infuse additional Rs 12 cr in associate company Carnot Technologies. M&M has signed a share purchase agreement which will increase its stake from approximately 6.48% of the equity share capital (22.91% of the share capital on a fully diluted basis) to 15.60% of Carnot’s equity share capital (48.05% of the share capital on a fully diluted basis). Carnot Technologies provides products and services related to internet connected devices for monitoring performance of vehicles and equipment. Carnot has reported a turnover of Rs 17 crore for FY2020. Neutral read thru considering small size of investment.
Maruti Suzuki, M&M, Tata Motors

4 Sep 2020 , 12:02PM Carmakers to build on sales momentum seen in August; streamline production to almost Pre-COVID levels; to witness better wholesales in September 2020; positive read thru
Mahindra & Mahindra

1 Sep 2020 , 1:58PM Tractors deliver better then expected growth driven by strong rural sentiments; automotive segment improves 19% mom and is better than our estimates; tractor demand commentary strong
M&M farm equipment sector sells 23,503 Units in August 2020

1 Sep 2020 , 12:56PM M&M sees a big move in tractor sales. August saw total tractor sales of 24,458 units
M&M auto segment sales down by 16% YoY to 30,426 units

1 Sep 2020 , 12:55PM Auto sales performance for the month of August 2020
Mahindra & Mahindra

27 Aug 2020 , 9:43AM Inks pacts with Israeli firm REE for production of electric commercial vehicles for global markets; positive from long term perspective. M&M has inked a pact with Tel Aviv-based REE Automotive to explore production of electric commercial vehicles for global markets. M&M would gain from REE's revolutionary electric vehicle corner module and platform technology of integrating powertrain, suspension and steering components in the arch of a vehicle wheel. REE would gain from Mahindra's well-established vehicle design, engineering, sourcing capability and manufacturing assets. is set to be a win-win strategic partnership for both companies. The partnership will support REE's global customer need for 2-2.5 lakh electric commercial vehicle units over a few years, including any volumes for Mahindra's domestic and international markets. Positive read thru from long term perspective.
Mahindra & Mahindra

24 Aug 2020 , 11:34AM Mahindra: to launch three SUV’s over next two years to regain market share; positive
Mahindra & Mahindra

17 Aug 2020 , 11:50AM Mahindra unveils the all new “Thar” SUV in BS6 version and host of new features; positive read thru
Tata Motors, M&M

13 Aug 2020 , 12:12PM As per media news, companies have hiked passenger vehicle prices across product segments by Rs 2,500 to Rs 15,000 (on average of 1.5 to 2%) due to increased manufacturing costs in COVID times. Positive.
Mahindra & Mahindra

11 Aug 2020 , 11:19AM Deputy Managing Director Anish Shah in media interview stated that M&M will continue only with international businesses where it makes sense. Ssangyong and Genze accounted for 80% of impairment in Q1FY21 and M&M has decided not to infuse funds in these companies. M&M wants to cut remaining 20% of impairment on account of international business to 2%. The company stated it will address all its loss-making subsidiaries by end of FY21. M&M has Identified 10 subsidiaries which have a right to win & ability to scale and is looking to list more subsidiaries in next 2-5 years & unlock shareholder value. Positive read thru.
Mahindra & Mahindra

10 Aug 2020 , 11:24AM Mahindra & Mahindra Q1FY21 review: Tractors to grow; automotives recovering
Mahindra & Mahindra

7 Aug 2020 , 3:18PM Mahindra & Mahindra Q1FY21 results: Lower than expected results dragged by auto segment; tractor performance better than estimates with yoy margin improvement; mgmt states economic activity improving while rural demand remains buoyant which is encouraging
Mahindra & Mahindra

3 Aug 2020 , 12:12PM Tractor sales grow in strong double-digits; automotive sales recovering strongly with 33% mom growth; nos ahead of estimates
Mahindra & Mahindra

29 Jul 2020 , 11:11AM Stock update: Mahindra & Mahindra: Key beneficiary of strong rural sentiments
VST Tillers, M&M, Escorts

16 Jul 2020 , 12:51PM Government has put import of power tillers and components in the "Restricted" list. Power tiller importers will now have to apply for license and license will be given for only 10% of imports by a firm. Also Government stated that only manufacturers would be eligible for applying for import license for power tillers. Restriction on import will benefit domestic tiller players such as VST Tillers enabling them to gain market share. It will also be beneficial for tractor companies like M&M and Escorts though the share of tillers in overall revenues is small. Positive read thru.
Maruti, M&M

16 Jul 2020 , 11:23AM Carmakers ramping up production to meet rising demand
Maruti Suzuki, M&M

14 Jul 2020 , 12:04PM Rival MG Motors launches Hector Plus (six seater SUV) at price of Rs 13.49 lakh; to increase competition in the passenger vehicle segment
Mahindra & Mahindra

3 Jul 2020 , 11:27AM Amit Raje joins Mahindra Group as EVP for partnerships and alliances to drive growth and profitability in M&M key business by forging partnerhips and alliances; sentimentally positive
Mahindra & Mahindra

1 Jul 2020 , 2:50PM Mahindra & Mahindra June 2020 sales: Tractor sales record double-digit growth; automotive sales reach almost half of normal; overall sales better than estimates; demand commentary encouraging
Mahindra & Mahindra

1 Jul 2020 , 11:25AM Subsidiary Mahindra Electric to launch three new products in FY21; turns profitable at EBIDTA level in Q4FY20; M&M to continue to be major investor; positive
Maruti Suzuki, M&M

25 Jun 2020 , 11:28AM As per media news, Competitor Nissan India to launch compact SUV and sedan in Indian market; would increase competition in passenger vehicle market.
Mahindra & Mahindra

23 Jun 2020 , 12:10PM M&M: Launches variant of "Sarpanch Plus" tractor in Maharashtra
Mahindra & Mahindra

19 Jun 2020 , 12:47PM As per media news, M&M eyes PE funding for its Electric Vehicle business to the tune of Rs 760 cr; sentimentally positive
Mahindra & Mahindra

17 Jun 2020 , 12:13PM M&M: Launches “Supro” ambulance; positive read thru but the size of the hospital segment is comparatively small
Maruti Suzuki, M&M

17 Jun 2020 , 12:11PM Chinese company Great Wall Motor (GWM) acquires General Motors plant in Maharashtra; to invest Rs 7,600 cr in India; entry of GWM to increase competition in the passenger vehicle space
Maruti Suzuki, M&M

16 Jun 2020 , 11:45AM MG Hector to enter MPV segment with launch of “Hector Plus” next month; to increase competition in PV space
Mahindra & Mahindra

15 Jun 2020 , 11:12AM Mahindra & Mahindra: Q4FY20 result update: Good operating quarter; Reasonable valuations
Mahindra & Mahindra

12 Jun 2020 , 3:14PM M&M: Operating performance ahead of street estimates; Net profit impacted by one time investment write-off
Mahindra & Mahindra

12 Jun 2020 , 12:25PM As per media news, Fiat Chrysler won a bid against M&M in Roxor off road vehicle case; US to block M&M Roxor imports; to have minimal impact as Roxor contribution to overall revenues is about 2-3%.
Mahindra & Mahindra

3 Jun 2020 , 11:14AM The company in its COVID-19 update stated that the estimated quantum of loss due to COVID19 lockdown for Q1 FY21 is around 87,000 Vehicles and around 30,000 tractors. The company stated that Automotive Dealerships have started operations gradually in Green and Orange zones and about 75% of dealerships are open now. With Government providing relaxations wef from 1st June 2020 (except containment zones), will enable M&M to ramp up the production, supply chain and distribution. Production at Vendors end is also resuming gradually, and almost 100% of the suppliers are now operational. On demand side, M&M stated that due to several positive factors such as record Rabi production, higher Government procurement, announcement of higher MSPs leading to better realization to the farmers and outlook of a normal monsoon aiding sentiments for a good Kharif crop, rural sales are expected to pick up faster. While the loss of volumes due to COVID-19 is largely factored by street, gradual resumption of suppliers and dealerships and faster pick up in rural areas would be positive.
Mahindra & Mahindra

1 Jun 2020 , 1:54PM Mahindra & Mahindra: Tractor sales surprise positively; auto sales broadly in line; overall sales beat estimates
Mahindra & Mahindra

1 Jun 2020 , 9:14AM In a move to improve finances and acquire liquidity, subsidiary Ssangyong Motor sold its service center in Seoul to PIA, for 180 bn Won (Rs 1105 cr). This move will provide much needed liquidity to Ssangyong in times of COVID-19 crisis to sustain operations and there will be no burden on M&M to infuse funds for its operations. The development will help M&M conserve cash and is positive.
Mahindra & Mahindra

21 May 2020 , 10:40AM As per media news, M&M is in talks to sell its 29% stake in its speciality steel joint venture (for Rs 250-300 crores) back to its partner Japan's Sanyo Special steel company. as it looks to exit from non-core business. While the step is in right direction and will be taken positively it is unlikely to have significant impact as the consideration involved is relatively small.
Mahindra & Mahindra

20 May 2020 , 10:18AM M&M: Launches attractive finance schemes for both CV and PV players to lure buyers; sentimentally positive
Mahindra & Mahindra

18 May 2020 , 12:52PM Korean Subsidiary SsangYong Motor posts record Q1 loss impacted by COVID-19; however M&M has clearly stated earlier that it would limit its investment in the company and would not keep on funding losses
Mahindra & Mahindra

15 May 2020 , 10:50AM As per media news, M&M has stated that extension of lockdown would not impact Mahindra's operations. Company stated that plants, dealerships opened up in first two weeks of May 2020 would continue to operate. M&M has opened up 65% tractor dealerships and 35% auto dealerships so far.
Mahindra & Mahindra

15 May 2020 , 10:41AM Restarts production at tractor plant at Zaheerabad
Mahindra & Mahindra

11 May 2020 , 12:50PM Launches digital sales platform “Own-Online”; expects digital sales to pick up significantly; sentimentally positive
Mahindra & Mahindra

11 May 2020 , 12:49PM The company bags 250 MW wind power project order from continuum power; starts execution of the first phase of the project comprising of 126 MW.
Maruti Suzuki, M&M and Tata Motors

5 May 2020 , 3:32PM As per media sources, state finance ministers are considering higher tax on registration of cars to increase state revenues. State Governments would take decision in coming days after getting Cabinet approval. If state Government's increase registration cost of cars it will further increase the cost of ownership and further dampen the auto industry sentiments. Negative read thru for car players Maruti Suzuki, M&M and Tata Motors if the registration is increased.
Mahindra & Mahindra

30 Apr 2020 , 11:35AM Launches Mahindra Scorpio BS6 variant; BS6 variant price increase higher by Rs 20,000 to Rs 60,000; price hikes lower than street expectations
Mahindra & Mahindra

28 Apr 2020 , 10:26AM The company has opened 40% of its tractor dealerships as these vehicles are classified as essential services. This will help to liquidate the dealer inventory. As per the management, the company has enough finished goods inventory of tractors to manage first few weeks of demand and does not plan to start manufacturing before the middle of May.
Mahindra & Mahindra

24 Apr 2020 , 9:49AM Board has approved issuing of Non Convertible Debentures worth Rs 10,000 crore.
Mahindra & Mahindra

20 Apr 2020 , 10:52AM The management has approved issuance and offer of 10,000 Rated, Listed, Unsecured, Redeemable, 6.65% NonConvertible Debentures of face value Rs 10 lakh each, at par, aggregating Rs.1,000 crores on private placement basis
Mahindra & Mahindra

7 Apr 2020 , 12:23PM Cut backs investment plan in loss making subsidiary SsangYong; plans to conserve cash; capital allocation strategy is positive; we have Buy rating on M&M.
Mahindra & Mahindra

3 Apr 2020 , 10:48AM March 2020 wholesales drop 75% YoY impacted by Covid-19 issues and inventory correction
M&M inks pact to buy more stake in associate

12 Mar 2020 , 1:33PM The purchase of additional equity shares in MITRA Agro Equipments Pvt Ltd
Mahindra & Mahindra

6 Mar 2020 , 11:15AM Production for the month of February 2020 stood at 25,643 units a decline of 56% yoy. Production was impacted by supply disruption of certain components from China and fire at a vendor plant in Pune. M&M automotive sales had declined 42% yoy in month of February 2020. Negative read thru but the company had already intimated the disruption earlier and stated production would be impacted in March 2020 and early April 2020 as well .
Mahindra & Mahindra

5 Mar 2020 , 10:39AM The company has stated that the operations in March 2020 have been impacted due to supply disruptions on account of Outbreak of Coronavirus in China and Occurrence of fire at a plant of a major supplier of the Company at Chakan. The management has estimated a loss of production / sales to the tune of 12,000 vehicles (BS6 compliant) in March 2020 and anticipates disruption to continue for part of April 2020 also. Negative read thru.
Mahindra & Mahindra

2 Mar 2020 , 12:52PM February 2020 wholesales drop sharply 42% yoy amid supply disruption from China due to coronavirus; nos below estimates
Mahindra's domestic tractor sales up 19% YoY to 22,561 units

2 Mar 2020 , 11:22AM M&M (tractor) sales grow strongly 19% yoy due to strong rural sentiments; nos ahead of estimates
Mahindra's domestic tractor sales up 19% YoY to 22,561 units

2 Mar 2020 , 11:21AM M&M (tractor) sales grow strongly 19% yoy due to strong rural sentiments; nos ahead of estimates
Maruti Suzuki, M&M

26 Feb 2020 , 12:11PM As per media news, Chinese SUV maker Great Wall Motors plans to enter the mass market SUV segment (priced between Rs 10-20 lakhs) in India. The company will have manufacturing presence in India (will take over General Motors India plant). It will roll out first vehicle in early 2021 and plans to roll out 2 additional SUV by 2022 and 2023. Negative read thru for incumbent players such as Maruti Suzuki and M&M as it would increase competition in the passenger vehicle market.
M&M

24 Feb 2020 , 12:35PM Wholly owned subsidiary Mahindra Renewables Private Limited (MRPL) shall sell its entire stake in its subsidiaries - Cleansolar Renewable Energy Private Limited, Divine Solren Private Limited and Neo Solren Private Limited to CLP India Private Limited. The total consideration for the stake sale is 340 crs. As the consideration received is relatively small, this is unlikely to have any material impact on M&M.
Maruti Suzuki, M&M, Tata Motors

24 Feb 2020 , 12:34PM MG Motors India has crossed 50,000 bookings for its SUV Hector since its launch its launch in July-August 2019. The company has already sold 20,000 units and plans to launch a six seater version later this year. Hector has already garnered about 2% market share of the passenger vehicle industry (based on bookings). Negative read thru as strong response for Hector would impact sales of incumbent players such as Maruti, M&M and Tata Motors.
Mahindra & Mahindra (M&M)

18 Feb 2020 , 10:32AM To roll out new tractor platform in collaboration with Mitsubishi Agricultural Machinery, Japan; positive read thru
Mahindra & Mahindra

12 Feb 2020 , 12:04PM Q3FY2020 Result update – Turning up the volume
Mahindra & Mahindra

11 Feb 2020 , 10:57AM To get synergies on JV with Ford on product development and capacity utilization; Receives CCI approval for JV - positive read thru
Mahindra & Mahindra

10 Feb 2020 , 11:05AM Mahindra & Mahindra (MM+MVML) Q3 results review: Operating results in line with estimates; lower other income leads to PAT miss; extension of Mr Anand Mahindra’s tenure as Executive Chairman is sentimentally positive
Mahindra & Mahindra

4 Feb 2020 , 1:23PM M&M: As per media reports, company to launch electric versions of 4 models in Auto Expo and new version of XUV5oo in H2CY20 ; positive read thru
Mahindra & Mahindra

1 Feb 2020 , 3:11PM Auto volumes dip by 6% impacted by weak UV demand due to BS6 transition and weak exports; tractors recover strongly; overall nos in line with estimates
Mahindra & Mahindra

31 Jan 2020 , 11:30AM Mahindra Electric plans to export its EV technology, products; unveils new brand identity; sentimentally positive
Maruti Suzuki, M&M

27 Jan 2020 , 12:17PM Competitive intensity to increase in PV space as Chinese and Korean players plan to strengthen presence; negative read thru
Mahindra & Mahindra

24 Jan 2020 , 11:32AM per media sources, M&M to showcase 18 new vehicles/refreshes at upcoming Auto Expo; new launches would drive growth; positive read thru
Mahindra & Mahindra, M&M

20 Jan 2020 , 12:13PM Step down subsidiary company Mahindra First Choice Wheels to acquire 100% stake in e-commerce portal Fifth Gear ventures – neutral read thru considering the small size of the acquisition
Mahindra & Mahindra

15 Jan 2020 , 1:10PM As per media sources, CLP India, an independent power producer, is in advance discussions with fully owned subsidiary Mahindra Susten to acquire 160 mw of its operational solar energy assets. The deal is likely to close by February-end and is likely to fetch between Rs 850 crore and Rs 1,000 crore, which is Rs 5.31 crore per mw to Rs 6.25 crore per mw. The valuations are premium as the current cost of setting up a solar project is Rs 5-5.2 crore/mw. Positive if the deal is executed.
Mahindra & Mahindra

13 Jan 2020 , 3:03PM As per media sources, the company has increased prices of its pick-up trucks (light commercial vehicle range) by Rs 16,000 (about 3-5% of the vehicle cost). The price hike is due to transition to BS6 emission norms which would be done in phases. (price increase due to BS6 norms is expected to be in the tune of ~12-14%). Neutral read thru.
Mahindra & Mahindra

10 Jan 2020 , 1:23PM Company plans to launch three electric vehicles over the next two years; sentimentally positive
Maruti Suzuki, M&M

9 Jan 2020 , 12:46PM As per media sources, discounts on BS4 emission norm passenger vehicles have started to come down as the inventory levels of BS4 vehicles have stabilized at manageable levels. Car companies had offered huge discounts in October-December period to clear off the BS 4 inventory. With inventories coming down, the discounts have also dipped. Positive read thru
M&M reports strong production in December

7 Jan 2020 , 11:35AM December production rises 22.5% to 33,888 units YoY
M&M

7 Jan 2020 , 11:28AM M&M increased automotive segment production by 23% yoy in the month of December 2019. Improved sales of utility vehicles which grew 10% yoy (due to healthy rural demand) and increased 3W sales which grew 15% yoy led to higher production in the month. Positive read thru
M&M

6 Jan 2020 , 11:53AM As per media sources, Korean subsidiary Ssangyong Motor company may supply vehicles to M&M-Ford JV alliance; positive read thru as it would improve Ssangyong financial performance
Mahindra & Mahindra

1 Jan 2020 , 2:41PM Automotive sales flattish; tractor sales recover to marginal growth; overall nos ahead of estimates
Mahindra's farm equipment sector sells 17,213 units in December 2019

1 Jan 2020 , 1:10PM Tractor sales numbers for December 2019
M&M auto sector sells 39,230 vehicles during December 2019

1 Jan 2020 , 1:08PM Auto sales performance for December 2019
Mahindra & Mahindra

30 Dec 2019 , 10:28AM As per media sources, Korean subsidiary Ssangyong Motors in preliminary talks with global auto majors for strategic partnership and investment as losses increase; positive read thru as an by strategic partner will reduce need for investment by M&M
Mahindra & Mahindra

23 Dec 2019 , 2:07PM Board announces changes at the top management; management transition to be smooth and unlikely to impact operations.
Maruti Suzuki, M&M

16 Dec 2019 , 12:25PM PV players are offering record high discounts in December 2019 with offers ranging from 5% to 15%. Maruti is offering discounts of Rs 37,000-90,000 on its product range while Tata Motors is offering discounts of Rs 77,500 to 225,000 on its PV range. While discounts are typically high in last month of December, this year the discounts are on higher side as PV players are selling off BS 4 stocks by offering huge discounts. Also, MNC competitor (MG Motors) plans to launch 4 new models by July 2021 which would increase the competition. Negative read thru
Mahindra & Mahindra

6 Dec 2019 , 1:18PM Acquires 36.6% stake in taxi operator Meru Travel Solutions for Rs 45 crores; Neutral read thru as the amount of investment is small
Mahindra & Mahindra

4 Dec 2019 , 1:25PM As per media news, M&M is contemplating price increase on its passenger vehicle portfolio from January 2020. Positive read thru. Also, Mahindra launched its first BS-VI compliant vehicle in the form of its compact SUV XUV300 (petrol variant) with price ranging from Rs 8.30 lakh to Rs 11.84 lakh.
Mahindra & Mahindra

2 Dec 2019 , 12:36PM M&M: Automotive sales in line; tractors miss estimates; overall nos below estimates
Mahindra & Mahindra

28 Nov 2019 , 1:29PM M&M: plans 12 new launches in Utility vehicle segment to protect market share
Tata Motors, M&M, Bharat Forge

13 Nov 2019 , 11:42AM Tata Motors, M&M, Bharat Forge: Amongst the firms shortlisted for a large navy order for supply of 111 naval choppers valued at Rs 25,000 cr; positive but supplies to commence after a long period as approvals would take time
M&M

11 Nov 2019 , 12:06PM M&M: Volume outlook improves substantially; upgrade to Buy
Mahindra & Mahindra

8 Nov 2019 , 3:01PM M&M (MM+MVML): Better than expected results
M&M

5 Nov 2019 , 12:17PM Recalls a limited batch of XUV3OO models manufactured till May 2019 to inspect and replace suspension components. Neutral read thru as the quantum of vehicles under recall are less and unlikely to have any impact on the financials.
Mahindra & Mahindra

1 Nov 2019 , 1:26PM M&M Oct sales: Automotive sales continue double digit drop led by market share loss; tractor volumes drop marginally; overall nos marginally below estimates
Maruti Suzuki, M&M

1 Nov 2019 , 11:23AM Higher discounting likely to continue post festives as OEM clear BS4 stocks; Negative; M&M to see major impact; limited impact on Maruti
Mahindra & Mahindra

29 Oct 2019 , 11:09AM M&M: To Buy remainder 49% stake in Peugeot Motorcycle for undisclosed sum; plans 7 new launches in next two years; Neutral as scale of operations is small
Maruti Suzuki, Mahindra & Mahindra

29 Oct 2019 , 11:05AM As per media sources, passenger vehicle Deliveries on festive day of Dhanteras, October 25, 2019 exceeded double-digit growth for Maruti Suzuki (Maruti sold about 45,000 vehicles) while Mahindra utility vehicle sales doubled as compared to Dhanteras festive last year. M&M auto sector sold about 13,500 vehicles on Dhanteras which is substantially higher yoy. Positive however the companies have stated that growth in festives is on account of higher discounts and may not be sustainable. Sales post festive would be key for determining sustained recovery.
Mahindra & Mahindra (M&M)

1 Oct 2019 , 1:24PM M&M: Automotive sales continue double- digit drop and in line with estimates; tractor sales recover to flattish volumes and marginally ahead of estimates
Engaged with M&M for strategic future co-operation:Ford

26 Sep 2019 , 12:41PM M&M: As per media reports, Ford to engage with M&M for strategic future co operation in India; Positive as it would improve efficiencies; M&M launches electric 3W in Kerala
M&M to extend plant shutdowns

16 Sep 2019 , 2:26PM Tractor plant to be shut for three days in September
M&M offers cars for a subscription

13 Sep 2019 , 2:12PM Automaker has tied up with self-drive car rental company Revv to boost demand
M&M cuts capex plans

6 Sep 2019 , 12:54PM Company could further shut down plants in October if demand remains subdued
M&M nos broadly in-line with estimates

1 Aug 2019 , 2:08PM M&M: July 2019 sales drop 14% on account of a double digit drop in both the auto and tractor sales – Numbers broadly in-line with estimates
Australia grounds Mahindra Aerospace GA8 planes after Swedish crash

23 Jul 2019 , 1:48PM M&M: Australia grounds group company Mahindra Aerospace GA8 planes after Swedish crash; sentimentally negative Australia’s air safety regulator has grounded operations of a small aircraft manufactured by M&M group company Mahindra Aerospace for up to 15 days following a crash in Sweden that killed nine people earlier this month. The GA8 single-engine aircraft, built in Australia by GippsAero, is typically used for skydiving, tourism, air patrols, medical evacuations and humanitarian missions in remote locations. Mahindra Aerospace said the move was precautionary during the preliminary investigation in Sweden, with which GippsAero was cooperating.
M&M to focus on petrol and electric vehicles

17 Jul 2019 , 12:28PM M&M: To focus on petrol and electric vehicles as BS6 puts pricing pressure on diesel cars; positive read thru
M&M launches AMT variant of its compact SUV "XUV3OO"

3 Jul 2019 , 12:20PM M&M introduces AMT variant of its compact SUV “XUV3OO”; likely to push sales; positive read thru
M&M overall sales for June 2019 at 75,6541 units

1 Jul 2019 , 3:09PM M&M June 2019 Overall sales drop 12% led by a drop in both the auto and tractor segment volumes – Numbers broadly in-line with estimates
M&M hikes personal vehicle prices by up to Rs. 36,000

19 Jun 2019 , 12:32PM Price hike to be effective from July 1
M&M increases its stake in Swaraj Engines

4 Jun 2019 , 12:22PM Swaraj Engines: Promoter, M&M has increase its stake in Swaraj Engines by 1.4% at an investment of Rs 25 crore. Positive
Promoter sells 1.54% stake in M&M at Rs. 648/share

3 Jun 2019 , 11:03AM M&M: Promoter sells 1.54% stake in the company at price of Rs 648/share (CMP is Rs 636/share). Post the sale, promoter shareholding is reduced from 20.44% to 18.9%. Negative read thru
M&M falls as CLSA downgrades stock from buy

30 May 2019 , 1:24PM M&M slips by 2% after CLSA downgrades the stock to 'underperform'
Competitor Hyundai Motors launches its compact SUV

22 May 2019 , 12:16PM Maruti Suzuki, M&M: Competitor Hyundai Motors has launched its compact SUV – Venue. It will come with advanced connectivity solutions – Hyundai Blue Link with 33 features of which 10 have been developed specifically for local customers. The vehicle is priced attractively starting at Rs 6.5 lakhs (ex showroom), which is lower than the Ford Ecosport and Maruti Suzuki Brezza. With the launch of the Venue, Hyundai is targeting 7000 to 8000 vehicles per month. Hyundai already has received around 15000 bookings for the Venue. Negative read thru for Maruti Suzuki, M&M
M&M: Recently launched compact utility vehicle

7 May 2019 , 11:07AM M&M: Recently launched compact utility vehicle (XUV3OO) has received strong 26,000 bookings since its launch in February 2019. Booking number is significant as M&M sells about 20,000 units of utility vehicles on monthly basis. XUV3OO enabled M&M to outpace PV industry growth in March and April 2019 and help M&M to regain market share going ahead as well. Positive read thru; M&M is our preferred pick in Auto OEM space.
M&M lanunches tractor & farm equipment implements in South Africa

6 May 2019 , 2:39PM M&M: Launches tractor & farm equipment implements in South Africa; to further expand in African continent; upgrades Compact SUV TUV3OO -Positive
M&M April 2019 numbers below estimates

2 May 2019 , 11:00AM M&M: April 2019 total sales decline 9%; both Auto and tractor segment sales decline – numbers below estimates
Ford Motors to transfer its India business to M&M-Ford Joint venture

10 Apr 2019 , 3:06PM M&M: Ford Motors to transfer its India business to M&M-Ford Joint venture; Ford and M&M to cooperate to achieve commercial, manufacturing and business efficiencies; positive read thru
M&M eyes to increase share of revenues from exports in the tractor segment

10 Apr 2019 , 11:28AM M&M: eyes for 50% of the tractor revenues from the overseas markets in the next 5--7 years from 33% now; plans to focus on consolidating its presence in the existing markets in the auto segment - Positive
Mahindra's auto sector registers overall growth of 11% in FY-19

1 Apr 2019 , 1:26PM M&M announces its auto sales performance for the financial year ended March 31, 2019
M&M to increase price of vehicles by up to Rs. 73,000 from April

29 Mar 2019 , 10:46AM M&M: Will increase the price of its passenger and commercial vehicles by Rs 5,000 to Rs 73,000 from April 2019 to offset the impact of rising input costs. The price hike is in the range of 0.5% to 2.7%. Positive read thru
M&M to increase price of Vehicle from April 1

28 Mar 2019 , 2:59PM Mahindra & Mahindra is going to raise the prices of its range of personal and commercial vehicles, effective April 1
M&M receives strong response for compact SUV “XUV3OO”

15 Mar 2019 , 12:17PM M&M: Receives strong response for compact SUV “XUV3OO”; gets 13,000 bookings; positive read thru
M&M to launch 3 new electric vehicle products

7 Mar 2019 , 9:30AM M&M: To launch 3 new electric vehicle products (one in collaboration with Ford); to introduce EV only platform in long run; positive read thru M&M will launch electric KUV and electric XUV3oo over the next six to twelve months. It is also looking to bring an electric car based on a platform of Ford with which it has an agreement to develop products jointly. In the long run M&M will introduce EV only platforms to cater to the space. Positive read thru.
M&M set up an electric technology manufacturing hub in Bengaluru

5 Mar 2019 , 12:34PM M&M to accelerate Electric Vehicle investment post announcement of FAME 2 scheme for EV’s; positive read thru
M&M total auto sales at 56,005 units

1 Mar 2019 , 1:18PM M&M auto sector sales at 56,005 vehicles during February 2019
M&M overall numbers ahead of estimates

1 Feb 2019 , 1:40PM M&M overall sales for January 2019 surges by 5% YoY to 77,934 units
M&M overall numbers ahead of estimates

1 Feb 2019 , 1:39PM M&M overall sales for January 2019 surges by 5% YoY to 77,934 units
M&M to introduce Electric KUV1OO in June 2019

25 Jan 2019 , 12:22PM M&M to launch the Electric KUV1OO in June 2019 which will be followed by the launch of the all-electric version of the Mahindra XUV300 in 2020. It is expected that the new e-XUV300 will offer a much better range on one full charge and more premium features in comparison to the eKUV100 as well. Positive read thru
M&M Auto sector sales at 39,755 vehicles during December 2018

1 Jan 2019 , 2:13PM M&M announces auto sales performance for December 2018 at 39,755 vehicles, compared to 39,200 vehicles during December 2017
M&M posts total tractor sales up 13% at 25,949 units

3 Dec 2018 , 11:18AM M&M reports total tractor sales up 13% at 25,949 units Vs 22,994 units (YoY)
M&M to increase Marazzo price from January 01

16 Nov 2018 , 3:00PM Mahindra to increase Marazzo price by Rs. 30,000 - Rs. 40,000, effective January 01, 2019
M&M launch range of electric three wheelers

15 Nov 2018 , 1:02PM M&M has launched a range of electric three wheelers – Treo and TREO yaari priced at around Rs. 1.36 lakhs (ex showroom Bengaluru). This is the first 3w on the Lithium ion technology. M&M has also set up first of its kind, electric vehicle technology manufacturing facility with a total investment of Rs. 100 crore. The plant will increase the manufacturing of Mahindra Electric to 25,000 units per annum. Positive for M&M as it would boost the electric vehicle capacity.
M&M launches "Jawa" brand classic motorcycles

15 Nov 2018 , 12:59PM M&M launched "Jawa" brand classic motorcycles which will directly compete with Eicher (Royal Enfield Classic 350). Mahindra has launched two motorcycles Jawa and Jawa Forty two priced at Rs. 1.64 lakh and 1.55 lakh. The bikes come with 300 cc liquid cooled single cylinder engine which produces 30 bhp power and 31 nm torque. The company also unveiled Jawa Perak bike (slightly powerful 334 cc bike) priced Rs. 1.89 lakh which would be launched subsequently. The launch prices are competitive (Royal Enfield Classic bike sells for Rs 1.5 lakh). Positive for M&M. Negative read thru for Eicher Motors as it derives about 60-65% of volumes form Classic 350 range where till now it has been a monopoly. Launch of Jawa bikes at competitive prices will increase competition and impact market share
M&M total tractor sales for October rises by 17% at 47,376 units

2 Nov 2018 , 10:49AM M&M tractor sales for October 2018 are up 17% YoY to 47,376 units and are in-line with estimates
M&M total tractor sales for October rises by 17% at 47,376 units

2 Nov 2018 , 10:47AM M&M: Tractor sales for October grow 17% aided by a low base and a healthy start to the festive season – Numbers are in-line with estimates
M&M, Ford signs 2 definitive agreement

17 Oct 2018 , 2:56PM M&M has entered in to an agreement with Ford towards Powertrain Sharing and Connected Car Solutions – Positive read thru
M&M posts 14% rise in automotive sales

1 Oct 2018 , 1:52PM M&M posts 14% growth in automotive sales during first half of FY2019
M&M unveils its new MPV – Marazzo

3 Sep 2018 , 2:16PM Mahindra unveils the Marazzo - Globally Engineered with a Bold Design, launch price starting at Rs9.99 lacs (ex-showroom) across India
M&M unveils its new MPV – Marazzo

3 Sep 2018 , 2:14PM Mahindra unveils the Marazzo - Globally Engineered with a Bold Design, launch price starting at Rs9.99 lacs (ex-showroom) across India
M&M tractor sales up 7% for Aug 2018

3 Sep 2018 , 12:51PM M&M’s tractor sales for the month at 17,785 units are up 7% and in line with the estimates
M&M tractor sales up 7% for Aug 2018

3 Sep 2018 , 12:50PM M&M’s tractor sales for the month at 17,785 units are up 7% and in line with the estimates
M&M Aug 2018 sales nos in line with estimates

3 Sep 2018 , 11:42AM M&M’s auto segment sales for August are up 14.5% and are in line with our estimates of 47,950 units
M&M: Q1FY2019 result Update

8 Aug 2018 , 12:55PM M&M: Q1FY2019 result Update - Riding the rural wave
M&M Q1FY2019 review: In line results

7 Aug 2018 , 2:23PM Mahindra & Mahindra (M&M) posted inline results for Q1FY2019
Mahindra to hike prices by up to 2% from Aug 2018

30 Jul 2018 , 2:34PM M&M plans to hike prices of its passenger vehicles by up to Rs30,000 or 2%
Mahindra to hike prices by up to 2% from Aug 2018

30 Jul 2018 , 2:32PM M&M to hike prices of its passenger vehicles by up to Rs30,000
M&M riding the rural resurgence

18 Jun 2018 , 2:44PM Factoring the above, we have raised our PT for M&M to Rs. 1,020 (earlier PT of Rs. 970). We retain our Buy rating on the stock.
M&M May sales up 12% at 46849 vehicles

1 Jun 2018 , 12:51PM M&M overall sales rises 12% on account of a double digit growth of Tractor & Auto segment sales
M&M April 2018 sales up by 21% (YoY)

2 May 2018 , 12:18PM M&M overall April 2018 sales up 21% on the back of a strong double digit growth in auto segment
M&M to acquire up to 10% stake in Canada’s Resson Aerospace Corp

2 May 2018 , 12:11PM Positive read through for Mahindra & Mahindra.
M&M firing on all cylinders

19 Apr 2018 , 4:04PM Both weather forecasting agencies (IMD and Skymet) have predicted normal monsoon for FY2019.
Government extends FAME India scheme

16 Apr 2018 , 12:20PM Positive read through for M&M and Tata Motors.
M&M sells 10 lakh bolero since inception

11 Apr 2018 , 10:48AM M&M announces that its iconic SUV, the Bolero has touched a new milestone, having sold 10 lakh units, since inception
M&M to expand Trakstar range of tractors in six more states

6 Apr 2018 , 10:02AM Positive read through for M&M as it is likely to gain 3-4% market share.
M&M sales up 20% to 90,534 units

2 Apr 2018 , 12:41PM M&M's overall sales for the month grew 20% to 90,534 units, better then the estimated 80,600 units
M&M Launches KUV 100-Trip

13 Mar 2018 , 11:23AM Positive read through for M&M as it launches KUV 100-Trip targeted at fleet operators priced in the range of Rs 5.16-Rs5.42 lakhs
M&M gets 3000 bookings of its off road SUV

12 Mar 2018 , 11:00AM Positive read through for M&M as Roxor in the US and aims for a record 10,000 units sales of heavy duty trucks in domestic markets.
M&M Group company Pininfarina expects revenues to double to $1 bn

12 Mar 2018 , 10:39AM Positive read through for M&M group as company Pininfarina expects revenues to double to $1 bn in 3-5 years.
M&M (Swaraj Tractors) forays into the high power segment by launching new products

8 Mar 2018 , 12:36PM Positive read through for Mahindra & Mahindra as it forays into the high power category of tractors in the 60 HP to 75 HP segment.
M&M unveils Roxor off-road SUV for North American Markets

6 Mar 2018 , 9:31AM Positive read through for M&M as lines up three new launches in 2018 and aims for a 10% share in the domestic Passenger vehicle market.
Mahindra to launch Roxor off-road SUV for the American market

5 Mar 2018 , 1:17PM Positive read through for Mahindra & Mahindra as it is to launch Roxor off-road SUV for the American market.
M&M plans to double its electric vehicle portfolio

28 Feb 2018 , 2:36PM M&M plans to double its electric vehicle portfolio in next 3 years by introducing 4 new models.
M&M plans to double its electric vehicle portfolio in next 3 years

28 Feb 2018 , 10:25AM Positive read through for Mahindra & Mahindra as it has lined up investments of Rs 800 crore towards electric vehicles.
M&M acquires 22.9% stake in Carnot Technologies

22 Feb 2018 , 12:42PM M&M acquires a 22.9% stake in Carnot Technologies Pvt Ltd (engaged in services for internet connected devices for monitoring vehicle performance) for Rs 6.06 cr
M&M launches 4 new products

21 Feb 2018 , 4:42PM Positive read through for Mahindra & Mahindra as it launches launch four new products along with variants of existing products and discontinue 4 slow moving PV ahead of BS6 rollout in 2020.
M&M confirms to launch 4 new vehicles in FY2019

20 Feb 2018 , 12:56PM M&M to launch 4 new vehicles in utility vehicle segment and an LCV in FY2019 to boost market share; to invest Rs 9 bn more into electric vehicle.
M&M to launch 4 new vehicles

20 Feb 2018 , 9:54AM Positive read through for M&M as it launches 4 new vehicles in utility vehicle segment
M&M to invest up to Rs176 crore in Zoomcar

16 Feb 2018 , 10:56AM M&M to invest up to Rs176 crore in car and bicycle rental firm Zoomcar India and Zoomcar Inc, its US incorporated holding parent company
Automobile OEM gearing up for a virtual dealer showroom concept

15 Feb 2018 , 10:24AM Currently, M&M is the only OEM to showcase the concept and is testing the same.
M&M sees 20-25% market share of electric vehicles

14 Feb 2018 , 10:47AM Positive read through as M&M sees strong growth in electric vehicles in medium term and eyes 20-25% market share.
M&M to showcase 6 new electric vehicles

5 Feb 2018 , 5:01PM Positive read through for M&M as it is to showcase 6 new electric vehicles including two futuristic concepts and new electric mobility platform at the Auto Expo.
Eicher Motors Jan 2018 commericial vehicle at 6801 units

1 Feb 2018 , 3:35PM Eicher Motors commercial vehicle segment dispatches for January 2018 at 6801 units
M&M Jan 2018 overall dispatches up by 34% (YoY)

1 Feb 2018 , 3:26PM M&M January 2018 overall dispatches up impressively by 34% YoY; Tractor segment in-line while Auto segment sales ahead of estimates; Overall sales ahead of estimates
M&M acquires 26% stake in MITRA for Rs 8 cr

31 Jan 2018 , 3:34PM M&M marks foray in sprayers business of farm equipment segment
M&M opens bookings for low cost version of Mahindra Mojo UT300 motorcycle

16 Jan 2018 , 12:48PM Positive read through as M&M opens bookings for low cost version of Mahindra Mojo UT300 motorcycle (expected to be priced at around Rs 1.5 lakhs).
M&M posts strong tractor sales in Dec 2017

2 Jan 2018 , 1:26PM M&M reports 30% rise in tractor sales in December 2017 over December 2016
December 2017 tractor sales grow 30% YoY for M&M

2 Jan 2018 , 12:07PM December 2017 tractor sales grow 30% YoY driven by a 32% growth in Domestic sales; Number broadly in line with estimates for Mahindra & Mahindra.
M&M reports Dec 2017 Auto segment sales up 8% YoY

1 Jan 2018 , 2:06PM M&M December 2017 Auto segment sales up 8% YoY led by double digit growth in LCV and 3W segment
M&M plans slew of launches in automotive segment

28 Dec 2017 , 9:03AM Positive read through for the company as the move will boost volumes in 2018.
M&M plans to introduce 650cc bike under BSA brand

26 Dec 2017 , 11:29AM Positive read through for M&M as Mahindra two wheelers plans to introduce a 650 cc motorcycles under BSA brand.
Ssangyong Motor Company’s board to meet in early 2018

18 Dec 2017 , 12:47PM Positive read through for Ssangyong Motor Company as the board of the company is expected to meet in early 2018.
Mahindra Intertrade to set up auto shredding project

18 Dec 2017 , 12:01PM Positive read through for M&M as Mahindra Intertrade plans to set up auto shredding project in JV with MSTC.
M&M to hike prices of its passenger and commercial vehicles

15 Dec 2017 , 10:44AM Positive for M&M as it plans to increase prices across its range of passenger and commercial vehicles by up to 3% effective 1 Jan 2018 to pass on the rising input cost.
MOICML sell 64,50,000 shares worth Euro 151.58 million

14 Dec 2017 , 2:55PM Positive read through for the company as the sale proceeds would be utilized for for part re-payment of MOICML’s debt and/or for declaration of Dividend.
MOICML, a subsidiary of M&M has sold 64,50,000 shares

14 Dec 2017 , 10:03AM Positive read through for the company as the sale proceeds would be utilized for for part re-payment of MOICML’s debt and/or for declaration of Dividend.
M&M to provide electric vehicle technology Ssangyong

11 Dec 2017 , 3:55PM Mahindra & Mahindra, a leading player in electric vehicles in the country, has now set eyes on electrification of some of the models of its South Korean arm SsangYong Motor.
M&M to provide electric vehicle technology to subsidiary Ssangyong

11 Dec 2017 , 12:02PM Positive read through for M&M as it enhances EV production in domestic market.
M&M to hike vehicle prices by 1.5-2%

8 Dec 2017 , 8:47AM Positive read through for the company as Mahindra & Mahindra is likely to hike prices of its vehicles by around 1.5-2% starting January 2018 to pass on the hike in the key inputs – forgings and castings.
Mahindra launches petrol variant of XUV5OO

6 Dec 2017 , 8:48AM Positive for Mahindra & Mahindra as the new variant would widen the product portfolio
M&M’s overall sales for Nov 2017 at 61,324 units

1 Dec 2017 , 3:32PM M&M’s overall sales for Nov 2017 at 61,324 units is up 23% YoY on the back of a strong growth in tractor sales
M&M’s overall sales for Nov 2017 at 61,324 units

1 Dec 2017 , 2:06PM M&M’s overall sales for Nov 2017 at 61,324 units is up 23% YoY on the back of a strong growth in tractor sales
M&M ties up with Renesas for e-cars development

1 Dec 2017 , 12:09PM M&M announces a strategic partnership with Renesas, a supplier of advanced semiconductor solutions
Mahindra Powerol aims to strengthen presence in kVA diesel genset segment

27 Nov 2017 , 11:49AM Positive news for M&M as Mahindra Powerol set to introduce 2 new products.
M&M to launch 2 new electric cars in India

27 Nov 2017 , 8:48AM Positive read through for M&M as the company plans to launch 2 new electric cars by 2019 in India and invest Rs 500-600 crore over the next 3 years; Partners with Uber for electric cars
M&M collaborates with Uber

24 Nov 2017 , 3:27PM M&M announces that it will collaborate with Uber to deploy electric vehicles in India
M&M to introduce electric vehicles in US and China

22 Nov 2017 , 11:36AM Mahindra subsidiary companies are developing electric vehicles (Pininfarina is developing premium cars to compete with Tesla Inc) and Korean subsidiary Ssangyong is developing electric SUV.
M&M to launch e-rickshaws in 7-8 new cities

21 Nov 2017 , 3:37PM Positive read through as M&M aims for a higher market share in the e-rickshaw segment.
M&M opens plant in USA to manufacture off highway vehicles

21 Nov 2017 , 2:45PM M&M opened its new manufacturing plant in the world's car capital Detroit with an investment of USD 230 million.
M&M to launch 350 cc motorcycle in March 2019

17 Nov 2017 , 3:07PM Mahindra will launch Jawa 350cc motorcycle in India by March 2019.
M&M to launch utility vehicle Scorpio facelift

14 Nov 2017 , 6:05PM Mahindra is set to roll out a facelifted version of the Scorpio.
M&M Q2 results exceed estimates

13 Nov 2017 , 11:24AM Mahindra & Mahindra Q2 results beat expectations; management raises growth forecast.
M&M Q2 results ahead of our expectations

10 Nov 2017 , 3:09PM Strong operating performance led by better margins in both automotive and farm equipment segment; nos ahead of estimates
M&M surges on bonus issue plan

6 Nov 2017 , 12:16PM M&M rises over 3% at Rs1372.5, as board to meet on November 10, 2017, to consider proposal for bonus issue of shares
M&M board will consider issue of bonus shares

6 Nov 2017 , 8:52AM Sentimentally positive news for Mahindra & Mahindra as board to consider issue of bonus shares at its meeting to be held on 10th November 2017.
Mahindra & Mahindra Q2 overall sales below estimates

1 Nov 2017 , 1:30PM Mahindra & Mahindra: Automotive sales broadly in line; tractor sales below expectations due to likely inventory correction; overall sales below estimates
Mahindra Logistics has received SEBI approval for raising funds through IPO - positive

17 Oct 2017 , 9:32AM Mahindra Logistics has received SEBI approval for raising Rs 700 crore through IPO route. The issue comprises share sale by parent M&M to the tune of 9.6 mn shares translating to 13.74% stake. Positive for M&M has it would lead to value unlocking.
M&M launches its new scooter Gusto R

17 Oct 2017 , 9:24AM M&M has launched its new scooter Gusto RS at a price tag of Rs 48,180 (ex-showroom, Delhi).
M&M: Launches KUV1oo facelift - positive

11 Oct 2017 , 12:05PM Mahindra KUV100 facelift has been launched in India at a Starting price of Rs. 4.39 (Ex-Mumbai). The petrol variants are priced between Rs 4.39- 6.40 lakh (ex-Mumbai) and the diesel variants costs Rs. 5.39-7.33 lakh (ex-Mumbai).
M&M to introduce portfolio of petrol vehicles

11 Oct 2017 , 8:37AM Mahindra and Mahindra plans to fit electric power trains on all its crossovers and compact SUVs in the future, a move that will align its strategy with the government’s push for electric vehicles;positive read thru.
M&M mulls EV capacity expansion

10 Oct 2017 , 9:46AM Mahindra & Mahindra is in talks with the Karnataka government for further investments in the state as it looks at expanding capacity in its electric vehicles division Mahindra Electric - Positive.
M&M to launch refreshed KUV1OO to boost sales

10 Oct 2017 , 9:42AM M&M will launch it’s first major upgrade on the Mahindra KUV100 (the refreshed version will be called as the KUV100 NXT) - positive read thru .
M&M to invest up to Rs 4,000 Cr in EV business

6 Oct 2017 , 10:24AM M&M will be investing Rs 3,500 crore to Rs 4,000 crore in the EV business in the next three to five years; positive read thru.
M&M bags contract to supply 150 electric sedans

5 Oct 2017 , 9:54AM Mahindra & Mahindra has bagged a contract from the government to supply 150 electric sedans in the first phase after it agreed to match the lowest bid of Rs 10.16 lakh quoted by Tata Motors.
M&M to launch variants of XUV5OO and KUV1OO

5 Oct 2017 , 8:40AM Mahindra & Mahindra to launch premium variants of XUV5OO and KUV1OO utility vehicles to take on the competition – Positive
M&M forays into construction equipment business

4 Oct 2017 , 10:47AM Mahindra entered construction equipment business with rollout of its first motor grader — Mahindra RoadMaster G75; positive.
M&M September 2017 overall sales up by 29.4% YoY

3 Oct 2017 , 12:31PM M&M reported robust 29 % YoY overall growth in volumes driven by a strong 49% and 16% YoY growth in tractor and auto segment sales respectively; Numbers ahead of estimates - Positive.
M&M launches pick-up New Bolero Maxitruck Plus

29 Sep 2017 , 9:00AM Mahindra & Mahindra has launched a pick up New Bolero Maxitruck Plus with higher storage priced at Rs 5.24 Lakh – Positive
M&M launches compact SUV 'TUV300'

26 Sep 2017 , 11:00AM M&M launched a top end variant of its compact SUV TUV300 priced at Rs 9.66 lakh (ex-showroom Mumbai).
M&M eyes half of farm equipment biz revenue from abroad by 2019

21 Sep 2017 , 12:17PM M&M is expecting half its revenues in the farm equipment business to come from overseas exposure by 2019 - positive read through
M&M and Ford agree to explore a strategic alliance

18 Sep 2017 , 3:44PM M&M and Ford agree to explore a strategic alliance; positive read thru
M&M to invest Rs 300-400 Cr on electric vehicles

15 Sep 2017 , 12:15PM Mahindra & Mahindra plans to launch electric variants of Scorpio and XUV5OO. Positive read thru.
M&M launches minivan Jeeto in Hyderabad

12 Sep 2017 , 10:05AM M&M has launched the Jeeto minivan at Hyderabad for both urban as well semi-urban last mile transportation requirements – Positive read thru.
M&M launches Mini electric rickshaw e-Alfa

11 Sep 2017 , 10:21AM Mahindra has launched a new e-rickshaw named e-Alpha Mini that aims at providing last mile connectivity for passenger movement; positive read thru.
Mahindra Agri eyes 2-fold jump in sales in FY18

28 Aug 2017 , 1:49PM M&M subsidiary, Mahindra Agri, eyes 2-fold jump in sales at Rs 1,500 cr in FY18; positive.
M&M to launch a new tractor brand

28 Aug 2017 , 1:07PM M&M to launch a new tractor brand – Trakstar through subsidiary Gromax Agri Equipment Ltd in 30-50 HP category; Positive
M&M sells China tractor JV stake for Rs80 Cr

14 Aug 2017 , 11:05AM Mahindra and Mahindra will exit from its China joint venture for tractor business, Mahindra Yueda Yancheng Tractor Company by selling its 51% stake for RMB 82 million (nearly Rs 80 crore); plans for independent operations, Positive
Mahindra & Mahindra: Q1FY2018 result update

5 Aug 2017 , 2:37PM M&M topline for Q1FY2018 increased by 5% YoY to Rs11,094 crore on account of 2.7% YoY volume growth and 2.6% YoY increase in realisation
M&M's Q1FY2018 results in line with estimates

4 Aug 2017 , 2:29PM M&M: Q1FY2018 Results In Line with Estimates as GST related dealer compensation impacts margins
M&M to launch 3 new utility vehicles, phase out Xylo

25 Jul 2017 , 10:07AM M&M to launch 3 new utility vehicles, phase out Xylo
M&M to introduce E-rickshaws by year end

21 Jun 2017 , 10:26AM M&M to focus on E-vehicles plans to launch E-rickshaw by 2017 year end and E-buses by next year

Key fundamentals

Evaluate the intrinsic value of Mahindra and Mahindra Ltd stock

Name	March-24	March-23	March-22	March-21	March-20
Assets	53861.45	48000.46	45450.9	41596.69	37399.87
Liabilities	53861.45	48000.46	45450.9	41596.69	37399.87
Equity	599.62	599.05	598.3	597.39	596.52
Gross Profit	12919.43	10442.39	7042.29	6506.11	5798.06
Net Profit	10717.8	6548.64	4935.22	268.66	1330.55
Cash From Operating Activities	11279.16	9129.3	7093.69	9119.89	3677.83
NPM(%)	10.85	7.7	8.59	0.59	2.92
Revenue	98763.42	84960.26	57445.97	45040.98	45487.78
Expenses	85843.99	74517.87	50403.68	38534.87	39689.72
ROE(%)	15.18	9.28	6.99	0.38	1.88

Name	March-24	March-23	March-22	March-21	March-20
Assets	180712.57	155849.12	131492.44	110205.38	110176.63
Liabilities	180712.57	155849.12	131492.44	110205.38	110176.63
Equity	557.38	556.82	556.06	555.15	554.28
Gross Profit	24115.88	20285.29	14682.85	13676.55	13191.57
Net Profit	11268.64	10281.5	6577.32	1812.49	127.04
Cash From Operating Activities	-5629.95	-7074.02	9247.55	17908.83	-1456.93
NPM(%)	8.14	8.47	7.29	2.44	0.16
Revenue	138279.3	121268.55	90170.57	74277.78	75381.93
Expenses	114163.42	100983.26	75487.72	60601.23	62190.36
ROE(%)	15.96	14.57	9.32	2.56	0.18

Shareholding Pattern

Corporate Action

XD-Date	Dividend-Amount	Dividend-%	Dividend Yield(%GE)	Price on that day
05 Jul 2024	21.1	422	0.72	2371.75
14 Jul 2023	16.25	325	0.72	1281.85
14 Jul 2022	11.55	231	0.72	998.35
15 Jul 2021	8.75	175	0.72	845.85
16 Jul 2020	2.35	47	0.72	508.45
18 Jul 2019	8.5	170	0.72	672.15
12 Jul 2018	7.5	150	0.72	870.25
13 Jul 2017	13	260	0.72	1361.1
21 Jul 2016	12	240	0.72	1330.85
16 Jul 2015	12	240	0.72	1258.1
17 Jul 2014	0.5	10	0.72	1235.5
17 Jul 2014	13.5	270	0.72	1176.95
18 Jul 2013	13	260	0.72	1004.65
12 Jul 2012	12.5	250	0.72	657.5
14 Jul 2011	11.5	230	0.72	663.05
08 Jul 2010	9.5	190	0.72	529.2
09 Jul 2009	10	100	0.72	629.2
03 Jul 2008	11.5	115	0.72	663.45
05 Jul 2007	4	40	0.72	735.4
23 Mar 2007	7.5	75	0.72	761.05
29 Jun 2006	10	100	0.72	622.3
29 Jun 2005	13	130	0.72	472.4
28 Jun 2004	9	90	0.72	480.8
26 Jun 2003	5.5	55	0.72	117.7
26 Jun 2002	0	50	0.72	107.35
	0	0	0.72	119.8
23 May 2001	0	55	0.72	120.2
	0	55	0.72	348.9
	0	55	0.72	221.6
	0	55	0.72	215.45
	0	50	0.72	377.6

From Year	To Year	Class of Share	Authorized Capital(Crores)	Issued Capital(Crores)	Paid Up Shares(NOS)	Paid Up Face Value	Paid Up Capital(Crores)
2023	2024	Equity Share	11156.50	599.62	1199246200.00	5	599.62
2022	2023	Equity Share	11156.50	599.06	1198118224.00	5	599.06
2021	2022	Equity Share	9050.00	598.30	1196601243.00	5	598.30
2020	2021	Equity Share	4050.00	597.38	1194768381.00	5	597.38
2019	2020	Equity Share	4050.00	596.52	1193039679.00	5	596.52
2018	2019	Equity Share	4050.00	595.79	1191587132.00	5	595.79
2017	2018	Equity Share	4050.00	594.97	1189933026.00	5	594.97
2016	2017	Equity Share	600.00	310.55	593610527.00	5	296.81
2015	2016	Equity Share	600.00	296.32	592633807.00	5	296.32
2014	2015	Equity Share	600.00	295.70	591392278.00	5	295.70
2013	2014	Equity Share	600.00	295.16	590323271.00	5	295.16
2012	2013	Equity Share	600.00	295.16	590323271.00	5	295.16
2011	2012	Equity Share	600.00	294.51	589029645.00	5	294.51
2010	2011	Equity Share	600.00	293.62	587247117.00	5	293.62
2009	2010	Equity Share	600.00	289.22	578434478.00	5	289.22
2008	2009	Equity Share	600.00	278.82	278821265.00	10	278.82
2007	2008	Equity Share	375.00	245.74	245741813.00	10	245.74
2006	2007	Equity Share	275.00	238.03	238032707.00	10	238.03
2005	2006	Equity Share	275.00	233.40	233399584.00	10	233.40
2004	2005	Equity Share	175.00	116.01	116008599.00	10	116.01
2003	2004	Equity Share	175.00	116.01	116008599.00	10	116.01
2002	2003	Equity Share	175.00	116.01	116008599.00	10	116.01
2001	2002	Equity Share	175.00	116.01	116008599.00	10	116.01
2000	2001	Equity Share	175.00	110.48	110484380.00	10	110.48
1999	2000	Equity Share	175.00	110.48	110484380.00	10	110.48
1997	1999	Equity Share	175.00	103.37	103367553.00	10	103.37
1996	1997	Equity Share	175.00	101.79	101794033.00	10	101.79
1995	1996	Equity Share	175.00	101.79	101793723.00	10	101.79
1994	1995	Equity Share	92.80	58.80	2800000.00	1	0.28
1994	1995	Equity Share	92.80	58.80	56004912.00	10	56.00
1993	1994	Equity Share	90.00	50.33	50331156.00	10	50.33
1992	1993	Equity Share	90.00	36.21	36206162.00	10	36.21
1991	1992	Equity Share	90.00	35.34	35337047.00	10	35.34
1987	1989	Equity Share	45.00	19.26	19264046.00	10	19.26
1984	1985	Equity Share	45.00	19.26	19264046.00	10	19.26
1983	1984	Equity Share	45.00	19.08	19075880.00	10	19.08
1979	1980	Equity Share	20.00	11.45	11445528.00	10	11.45
1977	1979	Equity Share	10.00	5.72	5722764.00	10	5.72
1973	1974	Equity Share	10.00	4.42	4424562.00	10	4.42
1969	1973	Equity Share	7.50	4.41	4410825.00	10	4.41
1967	1968	Equity Share	4.00	3.17	3168000.00	10	3.17
1958	1967	Equity Share	4.00	1.32	1320000.00	10	1.32
1955	1958	Equity Share	1.25	0.55	550000.00	10	0.55
1954	1955	Equity Share	0.15	0.02	16809.00	10	0.02
1954	1955	Equity Share	1.10	0.15	3000.00	500	0.15
1953	1954	Equity Share	0.50	0.15	3000.00	500	0.15
1945	1953	Equity Share	0.15	0.12	2400.00	500	0.12

Announcement Date	Price	Bonus Ratio	Record Date
10 Nov 2017	1392.95	Bonus issue in the ratio of 1:1 of Rs. 5/- each	23 Dec 2017
25 Jan 2010	1071.25	Stock Split from Rs. 10/- to Rs. 5/-.	30 Mar 2010
14 Jun 2005	549.6	1 Bonus equity share for every 1 existing equity share held.	02 Sep 2005
07 Nov 1995	345		23 Jan 1996

Fund	Market Value(CR)	% Hold
Tata Nifty Auto (G)	19.11	24.84
Tata Nifty Auto (I)	19.11	24.84
Tata Nifty Auto (I-Rein)	19.11	24.84
Tata Nifty Auto DP (G)	19.11	24.84
Tata Nifty Auto DP (I)	19.11	24.84
Tata Nifty Auto DP (I-Rein)	19.11	24.84
NipponNifAutoIndx (G)	7.01	23.92
NipponNifAutoIndx (I)	7.01	23.92
NipponNifAutoIndxDP (G)	7.01	23.92
NipponNifAutoIndxDP (I)	7.01	23.92
ICICI NiftyAutoETF (G)	26.67	23.45
ICICI NifAutoIndex (G)	30.83	23.42
ICICI NifAutoIndex (I)	30.83	23.42
ICICI NifAutoIndexDP (G)	30.83	23.42
ICICI NifAutoIndexDP (I)	30.83	23.42
Nippon NiftyAutoETF (G)	70.83	23.41
SBI AutomotiveOppo (G)	1136.14	20.41
SBI AutomotiveOppo (I)	1136.14	20.41
SBI AutomotiveOppoDP (G)	1136.14	20.41
SBI AutomotiveOppoDP (I)	1136.14	20.41
HDFC NifGrSect15ETF (G)	2.10	14.88
ICICIPruTran&Logi (G)	399.79	13.97
ICICIPruTran&Logi (I)	399.79	13.97
ICICIPruTran&LogiDP (G)	399.79	13.97
ICICIPruTran&LogiDP (I)	399.79	13.97
UTI Transpor & Logis (G)	430.71	13.62
UTI Transpor & Logis (I)	430.71	13.62
UTI Transpor & Logis (I-Rein)	430.71	13.62
UTI Transpor&LogisDP (G)	430.71	13.62
UTI Transpor&LogisDP (I)	430.71	13.62
BandhanTrans&Logis (G)	58.65	11.82
BandhanTrans&Logis (I)	58.65	11.82
BandhanTrans&LogisDP (G)	58.65	11.82
BandhanTrans&LogisDP (I)	58.65	11.82
AdityaBSL Tran&Log (G)	140.90	10.48
AdityaBSL Tran&Log (I)	140.90	10.48
AdityaBSL Tran&LogDP (G)	140.90	10.48
AdityaBSL Tran&LogDP (I)	140.90	10.48
Tata BSESelBusiGro (G)	11.34	8.74
Tata BSESelBusiGro (I)	11.34	8.74
Tata BSESelBusiGro (I-Rein)	11.34	8.74
Tata BSESelBusiGroDP (G)	11.34	8.74
Tata BSESelBusiGroDP (I)	11.34	8.74
Tata BSESelBusiGroDP (I-Rein)	11.34	8.74
SBI NifIndiaConsum (G)	29.48	8.56
SBI NifIndiaConsum (I)	29.48	8.56
SBI NifIndiaConsumDP (G)	29.48	8.56
SBI NifIndiaConsumDP (I)	29.48	8.56
SBI NiftyConsumption (G)	1.69	8.56
Axis NiftyConsumETF (G)	1.17	8.55
EdelweissConsumpti (G)	25.28	8.03
EdelweissConsumpti (I)	25.28	8.03
EdelweissConsumptiDP (G)	25.28	8.03
EdelweissConsumptiDP (I)	25.28	8.03
Kotak Nif IndConsETF (G)	0.47	7.97
NipponETFNifConsump (G)	12.76	7.97
ICICI NiftyIndConETF (G)	4.55	7.97
Groww NifEV&NewAge (G)	18.27	7.94
Mirae NifEV&NewAge (G)	12.53	7.94
Sundaram Consump (G)	104.16	7.21
Sundaram Consump (I)	104.16	7.21
Sundaram Consump (IDCWR)	104.16	7.21
Sundaram Consump DP (G)	104.16	7.21
Sundaram Consump DP (I)	104.16	7.21
Axis India Manufac (G)	387.42	7.02
Axis India Manufac (I)	387.42	7.02
Axis India ManufacDP (G)	387.42	7.02
Axis India ManufacDP (I)	387.42	7.02
TataNif500MulManuf (G)	7.84	6.81
TataNif500MulManuf (I)	7.84	6.81
TataNif500MulManuf (I-Rein)	7.84	6.81
TataNif500MulManufDP (G)	7.84	6.81
TataNif500MulManufDP (I)	7.84	6.81
TataNif500MulManufDP (I-Rein)	7.84	6.81
AdityaConglomerate (G)	94.19	6.45
AdityaConglomerate (I)	94.19	6.45
AdityaConglomerateDP (G)	94.19	6.45
AdityaConglomerateDP (I)	94.19	6.45
KotakTrans&Logistic (G)	21.59	6.00
KotakTrans&Logistic (I)	21.59	6.00
KotakTrans&LogistiDP (G)	21.59	6.00
KotakTrans&LogistiDP (I)	21.59	6.00
ICICI Pru BharatCoDP (G)	174.09	5.87
ICICI Pru BharatCoDP (I)	174.09	5.87
ICICI Pru BharatCon (G)	174.09	5.87
ICICI Pru BharatCon (I)	174.09	5.87
Nippon Con Fund (B)	126.51	5.80
Nippon Con Fund (G)	126.51	5.80
Nippon Con Fund DP (B)	126.51	5.80
Nippon Con Fund DP (G)	126.51	5.80
Nippon Con Fund DP (I)	126.51	5.80
Nippon Consumption (I)	126.51	5.80
Nippon Consumption (I-Rein)	126.51	5.80
HDFC Trans&Logistics (G)	66.65	5.49
HDFC Trans&Logistics (I)	66.65	5.49
HDFC Trans&LogistiDP (G)	66.65	5.49
HDFC Trans&LogistiDP (I)	66.65	5.49
Taurus Largecap (G)	2.54	5.41
Taurus Largecap (I)	2.54	5.41
Taurus Largecap (I-Rein)	2.54	5.41
Taurus Largecap DP (G)	2.54	5.41
Taurus Largecap DP (I)	2.54	5.41
MotilaNif500M50ETF (G)	7.01	5.29
Motilal Nif500Mo50DP (G)	28.38	5.28
Motilal Nifty500Mo50 (G)	28.38	5.28
NipponNif500Mom50 (G)	36.21	5.28
NipponNif500Mom50 (I)	36.21	5.28
NipponNif500Mom50DP (G)	36.21	5.28
NipponNif500Mom50DP (I)	36.21	5.28
BandhanNif500Mom50 (G)	1.03	5.27
BandhanNif500Mom50DP (G)	1.03	5.27
ITI BharatConsumpt (G)	8.44	5.26
ITI BharatConsumpt (I)	8.44	5.26
ITI BharatConsumptDP (G)	8.44	5.26
ITI BharatConsumptDP (I)	8.44	5.26
BaroBNPNif200Mom30 (G)	1.20	5.23
BaroBNPNif200Mom30DP (G)	1.20	5.23
HDFC Nif200Momen30 (G)	34.59	5.18
HDFC Nif200Momen30DP (G)	34.59	5.18
BandhanNif200Mom30 (G)	6.09	5.17
BandhanNif200Mom30 (I)	6.09	5.17
BandhanNif200Mom30DP (G)	6.09	5.17
BandhanNif200Mom30DP (I)	6.09	5.17
HDFC Nif200Mom30ETF (G)	4.18	5.17
UTI Nifty200 Mom30 (G)	380.40	5.17
UTI Nifty200 Mom30DP (G)	380.40	5.17
AdityaNif200M30ETF (G)	2.23	5.17
Motilal Nif200M30ETF (G)	5.96	5.17
ICICI Nift200M30ETF (G)	29.31	5.16
Kotak Nif200Mom30 (G)	18.09	5.16
Kotak Nif200Mom30 (I)	18.09	5.16
Kotak Nif200Mom30DP (G)	18.09	5.16
Kotak Nif200Mom30DP (I)	18.09	5.16
Motilal Nif200M30I (G)	43.15	5.15
Motilal Nif200M30IDP (G)	43.15	5.15
ICICINif200M30Indx (G)	25.17	5.15
ICICINif200M30Indx (I)	25.17	5.15
ICICINif200M30IndxDP (G)	25.17	5.15
ICICINif200M30IndxDP (I)	25.17	5.15
CanaraRob Manufact (G)	77.79	5.15
CanaraRob Manufact (I)	77.79	5.15
CanaraRob ManufactDP (G)	77.79	5.15
CanaraRob ManufactDP (I)	77.79	5.15
MiraeAss GreatCon (G)	196.11	5.07
MiraeAss GreatCon (I)	196.11	5.07
MiraeAss GreatCon (I-Rein)	196.11	5.07
MiraeAss GreatCon DP (G)	196.11	5.07
MiraeAss GreatCon DP (I)	196.11	5.07
DSP Large Cap (G)	253.74	5.00
DSP Large Cap (I)	253.74	5.00
DSP Large Cap (IDCWR)	253.74	5.00
DSP Large Cap DP (G)	253.74	5.00
DSP Large Cap DP (I)	253.74	5.00
DSP Large Cap DP (IDCWR)	253.74	5.00
HDFC NifTop20EqlWe (G)	3.51	4.97
HDFC NifTop20EqlWeDP (G)	3.51	4.97
HDFC Manufacturing (G)	573.15	4.94
HDFC Manufacturing (I)	573.15	4.94
HDFC ManufacturingDP (G)	573.15	4.94
HDFC ManufacturingDP (I)	573.15	4.94
MiraeNifNewAgeETF (G)	1.26	4.92
Mirae NifIndManufETF (G)	9.97	4.92
UTI NifManufacturi (G)	0.93	4.90
UTI NifManufacturiDP (G)	0.93	4.90
BarBNP IndiaConsum (G)	66.65	4.87
BarBNP IndiaConsum (I)	66.65	4.87
BarBNP IndiaConsumDP (G)	66.65	4.87
BarBNP IndiaConsumDP (I)	66.65	4.87
Taurus Flexi Cap (G)	15.76	4.66
Taurus Flexi Cap (I)	15.76	4.66
Taurus Flexi Cap DP (G)	15.76	4.66
Taurus Flexi Cap DP (I)	15.76	4.66
UTI India Consumer (G)	30.12	4.62
UTI India Consumer (I)	30.12	4.62
UTI India Consumer (I-Rein)	30.12	4.62
UTI India ConsumerDP (G)	30.12	4.62
UTI India ConsumerDP (I)	30.12	4.62
Navi NifManufIndex (G)	2.43	4.56
Navi NifManufIndexDP (G)	2.43	4.56
MahiManu Consumpti (G)	19.90	4.46
MahiManu Consumpti (I)	19.90	4.46
MahiManu ConsumptiDP (G)	19.90	4.46
MahiManu ConsumptiDP (I)	19.90	4.46
MahiManu Manufactu (G)	33.60	4.17
MahiManu Manufactu (I)	33.60	4.17
MahiManu ManufactuDP (G)	33.60	4.17
MahiManu ManufactuDP (I)	33.60	4.17
DSP BusinessCycle (G)	40.15	4.11
DSP BusinessCycle (I)	40.15	4.11
DSP BusinessCycle DP (G)	40.15	4.11
DSP BusinessCycle DP (I)	40.15	4.11
ICICI Pru Manufac (G)	252.61	4.10
ICICI Pru Manufac (I)	252.61	4.10
ICICI Pru ManufacDP (G)	252.61	4.10
ICICI Pru ManufacDP (I)	252.61	4.10
Axis Consumption (G)	160.14	4.04
Axis Consumption (I)	160.14	4.04
Axis Consumption DP (G)	160.14	4.04
Axis Consumption DP (I)	160.14	4.04
ICICI PruCC Gift (G)	49.52	3.89
ICICI PruCC Gift DP (G)	49.52	3.89
HSBC Aggre Hybrid (AIDCWR)	193.24	3.85
HSBC Aggre Hybrid (G)	193.24	3.85
HSBC Aggre Hybrid (I)	193.24	3.85
HSBC Aggre Hybrid (I-Annu)	193.24	3.85
HSBC Aggre Hybrid (IDCWR)	193.24	3.85
HSBC Aggre Hybrid DP (AIDCWR)	193.24	3.85
HSBC Aggre Hybrid DP (G)	193.24	3.85
HSBC Aggre Hybrid DP (I)	193.24	3.85
HSBC Aggre Hybrid DP (I-Annu)	193.24	3.85
BOI Consumption (G)	14.91	3.84
BOI Consumption (I)	14.91	3.84
BOI Consumption DP (G)	14.91	3.84
BOI Consumption DP (I)	14.91	3.84
AdityaBSL Focused (G)	281.73	3.83
AdityaBSL Focused (I)	281.73	3.83
AdityaBSL Focused (IDCWR)	281.73	3.83
AdityaBSL Focused DP (G)	281.73	3.83
AdityaBSL Focused DP (I)	281.73	3.83
AdityaBSL Focused DP (IDCWR)	281.73	3.83
InvescoManufacturiDP (G)	28.49	3.82
InvescoManufacturiDP (I)	28.49	3.82
InvescoManufacturing (G)	28.49	3.82
InvescoManufacturing (I)	28.49	3.82
SBI InnovativeOppr (G)	284.44	3.82
SBI InnovativeOppr (I)	284.44	3.82
SBI InnovativeOpprDP (G)	284.44	3.82
SBI InnovativeOpprDP (I)	284.44	3.82
Axis ESG IntegStra (G)	46.42	3.72
Axis ESG IntegStra (I)	46.42	3.72
Axis ESG IntegStraDP (G)	46.42	3.72
Axis ESG IntegStraDP (I)	46.42	3.72
HSBC MulAssetAllco (G)	74.22	3.71
HSBC MulAssetAllco (I)	74.22	3.71
HSBC MulAssetAllcoDP (G)	74.22	3.71
HSBC MulAssetAllcoDP (I)	74.22	3.71
AdityaBSL MfgEquiDP (G)	39.99	3.68
AdityaBSL MfgEquiDP (I)	39.99	3.68
AdityaBSL MfgEquiDP (IDCWR)	39.99	3.68
AdityaBSL MfgEquit (G)	39.99	3.68
AdityaBSL MfgEquit (I)	39.99	3.68
AdityaBSL MfgEquit (IDCWR)	39.99	3.68
UTI Equity Savings (G)	24.52	3.67
UTI Equity Savings (I)	24.52	3.67
UTI Equity Savings (I-Mont)	24.52	3.67
UTI Equity Savings (I-Quar)	24.52	3.67
UTI Equity SavingsDP (G)	24.52	3.67
UTI Equity SavingsDP (I)	24.52	3.67
UTI Equity SavingsDP (I-Mont)	24.52	3.67
UTI Equity SavingsDP (I-Quar)	24.52	3.67
Tata Large Cap DP (G)	87.30	3.62
Tata Large Cap DP (I)	87.30	3.62
Tata Large Cap DP (IDCWR)	87.30	3.62
Tata Large Cap RP (G)	87.30	3.62
Tata Large Cap RP (I)	87.30	3.62
Tata Large Cap RP (IDCWR)	87.30	3.62
Motilal InnovaOppo (G)	5.06	3.56
Motilal InnovaOppo (I)	5.06	3.56
Motilal InnovaOppoDP (G)	5.06	3.56
Motilal InnovaOppoDP (I)	5.06	3.56
SBI Flexicap (G)	759.47	3.52
SBI Flexicap (I)	759.47	3.52
SBI Flexicap (IDCWR)	759.47	3.52
SBI Flexicap DP (G)	759.47	3.52
SBI Flexicap DP (I)	759.47	3.52
SBI Flexicap DP (IDCWR)	759.47	3.52
BaroBNP Manufactur (G)	43.19	3.51
BaroBNP Manufactur (I)	43.19	3.51
BaroBNP ManufacturDP (G)	43.19	3.51
BaroBNP ManufacturDP (I)	43.19	3.51
Groww Large Cap (G)	4.21	3.50
Groww Large Cap (H)	4.21	3.50
Groww Large Cap (I)	4.21	3.50
Groww Large Cap (I-Half)	4.21	3.50
Groww Large Cap (I-Mont)	4.21	3.50
Groww Large Cap (I-Quar)	4.21	3.50
Groww Large Cap (I-Rein)	4.21	3.50
Groww Large Cap (M)	4.21	3.50
Groww Large Cap (Q)	4.21	3.50
Groww Large Cap DP (G)	4.21	3.50
Groww Large Cap DP (I)	4.21	3.50
Groww Large Cap DP (I-Half)	4.21	3.50
Groww Large Cap DP (I-Mont)	4.21	3.50
Groww Large Cap DP (I-Quar)	4.21	3.50
Samco LargeCap (G)	5.23	3.50
Samco LargeCapDP (G)	5.23	3.50
Axis Bluechip (G)	1124.92	3.49
Axis Bluechip (I)	1124.92	3.49
Axis Bluechip (I-Rein)	1124.92	3.49
Axis Bluechip DP (G)	1124.92	3.49
Axis Bluechip DP (I)	1124.92	3.49
Mirae Nif200Alp30ETF (G)	13.12	3.47
HSBC Large&Mid Cap (G)	128.41	3.41
HSBC Large&Mid Cap (I)	128.41	3.41
HSBC Large&MidCapDP (G)	128.41	3.41
HSBC Large&MidCapDP (I)	128.41	3.41
WhiteOak LargeCap (G)	26.49	3.41
WhiteOak LargeCap (I)	26.49	3.41
WhiteOak LargeCapDP (G)	26.49	3.41
WhiteOak LargeCapDP (I)	26.49	3.41
Nippon ActiveMomen (G)	4.44	3.39
Nippon ActiveMomen (I)	4.44	3.39
Nippon ActiveMomenDP (G)	4.44	3.39
Nippon ActiveMomenDP (I)	4.44	3.39
Axis AggressiveHyb (G)	51.59	3.37
Axis AggressiveHyb (I)	51.59	3.37
Axis AggressiveHyb (I-Mont)	51.59	3.37
Axis AggressiveHyb (I-Quar)	51.59	3.37
Axis AggressiveHybDP (G)	51.59	3.37
Axis AggressiveHybDP (I)	51.59	3.37
Axis AggressiveHybDP (I-Mont)	51.59	3.37
Axis AggressiveHybDP (I-Quar)	51.59	3.37
DSP AggressHybrid (G)	351.16	3.37
DSP AggressHybrid (I)	351.16	3.37
DSP AggressHybrid (IDCWR)	351.16	3.37
DSP AggressHybrid DP (G)	351.16	3.37
DSP AggressHybrid DP (I)	351.16	3.37
DSP AggressHybrid DP (IDCWR)	351.16	3.37
MotilalManufacturiDP (G)	23.57	3.35
MotilalManufacturiDP (I)	23.57	3.35
MotilalManufacturing (G)	23.57	3.35
MotilalManufacturing (I)	23.57	3.35
Axis Balanced Adv (G)	88.04	3.32
Axis Balanced Adv (I)	88.04	3.32
Axis Balanced Adv DP (G)	88.04	3.32
Axis Balanced Adv DP (I)	88.04	3.32
BOI Arbitrage (G)	1.45	3.31
BOI Arbitrage (I-Annu)	1.45	3.31
BOI Arbitrage (I-Mont)	1.45	3.31
BOI Arbitrage (I-Quar)	1.45	3.31
BOI Arbitrage DP (G)	1.45	3.31
BOI Arbitrage DP (I-Annu)	1.45	3.31
BOI Arbitrage DP (I-Mont)	1.45	3.31
BOI Arbitrage DP (I-Quar)	1.45	3.31
InvescoInd Contra (G)	570.91	3.31
InvescoInd Contra (I)	570.91	3.31
InvescoInd Contra (I-Rein)	570.91	3.31
InvescoInd Contra DP (G)	570.91	3.31
InvescoInd Contra DP (I)	570.91	3.31
InvescoInd Contra DP (IDCWR)	570.91	3.31
Bajaj Consumption (G)	16.66	3.28
Bajaj Consumption (I)	16.66	3.28
Bajaj Consumption DP (G)	16.66	3.28
Bajaj Consumption DP (I)	16.66	3.28
Bandhan Large Cap (G)	57.82	3.27
Bandhan Large Cap (I)	57.82	3.27
Bandhan Large Cap (IDCWR)	57.82	3.27
Bandhan Large Cap DP (G)	57.82	3.27
Bandhan Large Cap DP (I)	57.82	3.27
Nippon Eq Sav SP1 (B)	22.55	3.26
Nippon Eq Sav SP1 (G)	22.55	3.26
Nippon Eq Sav SP1 (I)	22.55	3.26
Nippon Eq Sav SP1 (I-Mont)	22.55	3.26
Nippon Eq Sav SP1 (I-Quar)	22.55	3.26
Nippon Eq Sav SP1DP (B)	22.55	3.26
Nippon Eq Sav SP1DP (G)	22.55	3.26
Nippon Eq Sav SP1DP (I)	22.55	3.26
Nippon Eq Sav SP1DP (I-Mont)	22.55	3.26
Nippon Eq Sav SP1DP (I-Quar)	22.55	3.26
Nippon EqSavings (B)	22.55	3.26
Nippon EqSavings (G)	22.55	3.26
Nippon EqSavings (I)	22.55	3.26
Nippon EqSavings (I-Mont)	22.55	3.26
Nippon EqSavings (I-Quar)	22.55	3.26
Nippon EqSavingsDP (B)	22.55	3.26
Nippon EqSavingsDP (G)	22.55	3.26
Nippon EqSavingsDP (I)	22.55	3.26
Nippon EqSavingsDP (I-Mont)	22.55	3.26
Nippon EqSavingsDP (I-Quar)	22.55	3.26
Kotak ManufinIndia (G)	73.31	3.24
Kotak ManufinIndia (I)	73.31	3.24
Kotak ManufinIndiaDP (G)	73.31	3.24
Kotak ManufinIndiaDP (I)	73.31	3.24
Parag ELSSTaxSav (G)	159.12	3.24
Parag ELSSTaxSavDP (G)	159.12	3.24
Franklin MultiCap (G)	141.83	3.21
Franklin MultiCap (I)	141.83	3.21
Franklin MultiCap DP (G)	141.83	3.21
Franklin MultiCap DP (I)	141.83	3.21
Axis Focused (G)	389.64	3.16
Axis Focused (I)	389.64	3.16
Axis Focused (I-Rein)	389.64	3.16
Axis Focused DP (G)	389.64	3.16
Axis Focused DP (I)	389.64	3.16
Tata Nif200Alpha30 (G)	5.61	3.15
Tata Nif200Alpha30 (I)	5.61	3.15
Tata Nif200Alpha30 (I-Rein)	5.61	3.15
Tata Nif200Alpha30DP (G)	5.61	3.15
Tata Nif200Alpha30DP (I)	5.61	3.15
Tata Nif200Alpha30DP (I-Rein)	5.61	3.15
Sundaram MulAstAll (G)	77.57	3.12
Sundaram MulAstAll (I)	77.57	3.12
Sundaram MulAstAll (I-Rein)	77.57	3.12
Sundaram MulAstAllDP (G)	77.57	3.12
Sundaram MulAstAllDP (I)	77.57	3.12
Sundaram MulAstAllDP (I-Rein)	77.57	3.12
ICICI Pru RetHyAgg (G)	23.36	3.10
ICICI Pru RetHyAgg (I)	23.36	3.10
ICICI Pru RetHyAggDP (G)	23.36	3.10
ICICI Pru RetHyAggDP (I)	23.36	3.10
Kotak Consumption (G)	36.24	3.09
Kotak Consumption (I)	36.24	3.09
Kotak Consumption DP (G)	36.24	3.09
Kotak Consumption DP (I)	36.24	3.09
ICICI Pru RetPuEq (G)	32.69	3.04
ICICI Pru RetPuEq (I)	32.69	3.04
ICICI Pru RetPuEqDP (G)	32.69	3.04
ICICI Pru RetPuEqDP (I)	32.69	3.04
SBI Cons Opp (G)	88.20	3.00
SBI Cons Opp (I)	88.20	3.00
SBI Cons Opp (IDCWR)	88.20	3.00
SBI Cons Oppo DP (G)	88.20	3.00
SBI Cons Oppo DP (I)	88.20	3.00
SBI Cons Oppo DP (IDCWR)	88.20	3.00
ParagPar FlexiCap (G)	2772.24	2.97
ParagPar FlexiCap DP (G)	2772.24	2.97
AdityaBSL IndGenNeDP (G)	165.41	2.95
AdityaBSL IndGenNeDP (I)	165.41	2.95
AdityaBSL IndGenNeDP (IDCWR)	165.41	2.95
AdityaBSL IndGenNext (G)	165.41	2.95
AdityaBSL IndGenNext (I)	165.41	2.95
AdityaBSL IndGenNext (IDCWR)	165.41	2.95
WhiteOak ESGBestIn (G)	1.75	2.94
WhiteOak ESGBestInDP (G)	1.75	2.94
Axis BSESensexIndx (G)	1.35	2.93
Axis BSESensexIndx (I)	1.35	2.93
Axis BSESensexIndxDP (G)	1.35	2.93
Axis BSESensexIndxDP (I)	1.35	2.93
Invesco AggrHybrid (G)	18.11	2.93
Invesco AggrHybrid (I)	18.11	2.93
Invesco AggrHybridDP (G)	18.11	2.93
Invesco AggrHybridDP (I)	18.11	2.93
SBI BSE SensexETF (G)	3243.26	2.93
SBI BSESensexIndex (G)	7.18	2.93
SBI BSESensexIndex (I)	7.18	2.93
SBI BSESensexIndexDP (G)	7.18	2.93
SBI BSESensexIndexDP (I)	7.18	2.93
Tata BSESensexIndx (G)	10.59	2.93
Tata BSESensexIndxDP (G)	10.59	2.93
Axis BSESensexETF (G)	3.66	2.92
CanaraRob BluchiEq (G)	434.93	2.91
CanaraRob BluchiEq (I)	434.93	2.91
CanaraRob BluchiEq (I-Rein)	434.93	2.91
CanaraRob BluchiEqDP (G)	434.93	2.91
CanaraRob BluchiEqDP (I)	434.93	2.91
LIC Manufacturing (G)	22.35	2.91
LIC Manufacturing (I)	22.35	2.91
LIC ManufacturingDP (G)	22.35	2.91
LIC ManufacturingDP (I)	22.35	2.91
ICICI Pru RuralOpp (G)	37.30	2.91
ICICI Pru RuralOpp (I)	37.30	2.91
ICICI Pru RuralOppDP (G)	37.30	2.91
ICICI Pru RuralOppDP (I)	37.30	2.91
AxisChildrenComLocDP (G)	25.14	2.89
AxisChildrenComLocDP (I)	25.14	2.89
AxisChildrenComLock (G)	25.14	2.89
AxisChildrenComLock (I)	25.14	2.89
AxisChildrenNoLock (G)	25.14	2.89
AxisChildrenNoLock (I)	25.14	2.89
AxisChildrenNoLockDP (G)	25.14	2.89
AxisChildrenNoLockDP (I)	25.14	2.89
Edelweiss Focused (G)	25.83	2.89
Edelweiss Focused (I)	25.83	2.89
Edelweiss Focused DP (G)	25.83	2.89
Edelweiss Focused DP (I)	25.83	2.89
Axis Flexi Cap (G)	346.35	2.86
Axis Flexi Cap (I)	346.35	2.86
Axis Flexi Cap DP (G)	346.35	2.86
Axis Flexi Cap DP (I)	346.35	2.86
BajajFin LargeCap (G)	39.38	2.86
BajajFin LargeCap (I)	39.38	2.86
BajajFin LargeCap DP (G)	39.38	2.86
BajajFin LargeCap DP (I)	39.38	2.86
Kotak Bluechip - DP (G)	268.63	2.85
Kotak Bluechip - DP (I)	268.63	2.85
Kotak Bluechip - DP (IDCWR)	268.63	2.85
Kotak Bluechip - RP (G)	268.63	2.85
Kotak Bluechip - RP (I)	268.63	2.85
Kotak Bluechip - RP (IDCWR)	268.63	2.85
Invesco Focused (G)	99.80	2.83
Invesco Focused (I)	99.80	2.83
Invesco Focused DP (G)	99.80	2.83
Invesco Focused DP (I)	99.80	2.83
Franklin Opportun DP (G)	170.07	2.81
Franklin Opportun DP (I)	170.07	2.81
Franklin Opportuniti (G)	170.07	2.81
Franklin Opportuniti (I)	170.07	2.81
Franklin Opportuniti (I-Rein)	170.07	2.81
WhiteOak QualityEq (G)	10.19	2.81
WhiteOak QualityEqDP (G)	10.19	2.81
Axis ELSS TaxSaver (G)	961.01	2.79
Axis ELSS TaxSaver (I)	961.01	2.79
Axis ELSS TaxSaver (I-Rein)	961.01	2.79
Axis ELSS TaxSaverDP (G)	961.01	2.79
Axis ELSS TaxSaverDP (I)	961.01	2.79
Mahi Manu Equ Sav DP (G)	15.54	2.79
Mahi Manu Equ Sav DP (I)	15.54	2.79
MahiManu Equ Sav (G)	15.54	2.79
MahiManu Equ Sav (I)	15.54	2.79
MahiManu Equ Sav (I-Rein)	15.54	2.79
Groww Multicap (G)	2.31	2.78
Groww Multicap (I)	2.31	2.78
Groww Multicap DP (G)	2.31	2.78
Groww Multicap DP (I)	2.31	2.78
UTI Dividend Yield (G)	106.63	2.77
UTI Dividend Yield (I)	106.63	2.77
UTI Dividend Yield (I-Rein)	106.63	2.77
UTI DividendYield DP (G)	106.63	2.77
UTI DividendYield DP (I)	106.63	2.77
AdityaBSL FrontlEqDP (G)	773.98	2.75
AdityaBSL FrontlEqDP (I)	773.98	2.75
AdityaBSL FrontlEqDP (IDCWR)	773.98	2.75
AdityaBSL FrontlinEq (AIDCWR)	773.98	2.75
AdityaBSL FrontlinEq (G)	773.98	2.75
AdityaBSL FrontlinEq (I-Annu)	773.98	2.75
BajajFins FlexiCap (G)	115.15	2.75
BajajFins FlexiCap (I)	115.15	2.75
BajajFins FlexiCapDP (G)	115.15	2.75
BajajFins FlexiCapDP (I)	115.15	2.75
SBI Long Term Eq (G)	751.97	2.75
SBI Long Term Eq (I)	751.97	2.75
SBI Long Term Eq (IDCWR)	751.97	2.75
SBI Long Term Eq-DP (G)	751.97	2.75
SBI Long Term Eq-DP (I)	751.97	2.75
SBI Long Term Eq-DP (IDCWR)	751.97	2.75
Groww AggreHybrid (G)	1.22	2.74
Groww AggreHybrid (I)	1.22	2.74
Groww AggreHybrid (I-Half)	1.22	2.74
Groww AggreHybrid (I-Mont)	1.22	2.74
Groww AggreHybrid (I-Quar)	1.22	2.74
Groww AggreHybrid DP (G)	1.22	2.74
Groww AggreHybrid DP (I)	1.22	2.74
Groww AggreHybrid DP (I-Half)	1.22	2.74
Groww AggreHybrid DP (I-Mont)	1.22	2.74
Groww AggreHybrid DP (I-Quar)	1.22	2.74
SBI LongTermAdSVIDP (G)	7.62	2.74
SBI LongTermAdSVIDP (I)	7.62	2.74
SBI LongTermAdvSVI (G)	7.62	2.74
SBI LongTermAdvSVI (I)	7.62	2.74
Motilal LargeCap (G)	51.98	2.71
Motilal LargeCap (I)	51.98	2.71
Motilal LargeCap DP (G)	51.98	2.71
Motilal LargeCap DP (I)	51.98	2.71
Axis Value (G)	21.22	2.70
Axis Value (I)	21.22	2.70
Axis Value DP (G)	21.22	2.70
Axis Value DP (I)	21.22	2.70
Taurus Ethical (B)	7.35	2.68
Taurus Ethical (G)	7.35	2.68
Taurus Ethical (I)	7.35	2.68
Taurus Ethical DP (B)	7.35	2.68
Taurus Ethical DP (G)	7.35	2.68
Taurus Ethical DP (I)	7.35	2.68
Bandhan BSE SenETF (G)	0.03	2.67
LICMF BSESensexIndDP (G)	2.21	2.63
LICMF BSESensexIndDP (I)	2.21	2.63
LICMF BSESensexIndex (G)	2.21	2.63
LICMF BSESensexIndex (I)	2.21	2.63
LICMF BSESensexIndex (I-Rein)	2.21	2.63
ICICI BSESenexETF (G)	466.45	2.62
AdityaBSL BSESenETF (G)	8.49	2.62
Mirae BSESensexETF (G)	0.48	2.62
DSP BSESensexETF (G)	0.21	2.62
HDFC BSE Sensex (G)	207.61	2.62
HDFC BSE Sensex DP (G)	207.61	2.62
HDFC BSE SensexETF (G)	12.88	2.62
Kotak BSE SensexETF (G)	0.71	2.62
LIC MF BSESensex ETF (G)	20.09	2.62
NipponETFBSESensex (G)	418.31	2.62
UTI BSESensexETF (G)	1165.11	2.62
UTI BSESensexIndex (G)	5.09	2.62
UTI BSESensexIndexDP (G)	5.09	2.62
ICICI BSESenIndex (G)	47.31	2.62
ICICI BSESenIndex (I)	47.31	2.62
ICICI BSESensexindDP (G)	47.31	2.62
ICICI BSESensexindDP (I)	47.31	2.62
Kotak BSESenseIndx (G)	0.22	2.61
Kotak BSESenseIndx (I)	0.22	2.61
Kotak BSESenseIndxDP (G)	0.22	2.61
Kotak BSESenseIndxDP (I)	0.22	2.61
Navi BSESensexIndx (G)	0.43	2.61
Navi BSESensexIndxDP (G)	0.43	2.61
Nippon IndexBSESen (A)	21.92	2.61
Nippon IndexBSESen (B)	21.92	2.61
Nippon IndexBSESen (G)	21.92	2.61
Nippon IndexBSESen (H)	21.92	2.61
Nippon IndexBSESen (I-Annu)	21.92	2.61
Nippon IndexBSESen (I-Half)	21.92	2.61
Nippon IndexBSESen (I-Quar)	21.92	2.61
Nippon IndexBSESen (Q)	21.92	2.61
Nippon IndexBSESenDP (B)	21.92	2.61
Nippon IndexBSESenDP (G)	21.92	2.61
Nippon IndexBSESenDP (I-Annu)	21.92	2.61
Nippon IndexBSESenDP (I-Half)	21.92	2.61
Nippon IndexBSESenDP (I-Quar)	21.92	2.61
AdityaBSL Quant (G)	61.58	2.60
AdityaBSL Quant (I)	61.58	2.60
AdityaBSL Quant DP (G)	61.58	2.60
AdityaBSL Quant DP (I)	61.58	2.60
Taurus ELSS TaxSav (G)	1.96	2.59
Taurus ELSS TaxSav (I)	1.96	2.59
Taurus ELSS TaxSavDP (G)	1.96	2.59
Taurus ELSS TaxSavDP (I)	1.96	2.59
Franklin Bluechip DP (G)	187.92	2.56
Franklin Bluechip DP (I)	187.92	2.56
Franklin BluechipDiv (I)	187.92	2.56
Franklin BluechipDiv (I-Rein)	187.92	2.56
Franklin BluechipGr (G)	187.92	2.56
Axis RetirementAgg (G)	21.00	2.54
Axis RetirementAgg (I)	21.00	2.54
Axis RetirementAggDP (G)	21.00	2.54
Axis RetirementAggDP (I)	21.00	2.54
UTI Value (G)	239.92	2.54
UTI Value (I)	239.92	2.54
UTI Value (I-Rein)	239.92	2.54
UTI Value DP (G)	239.92	2.54
UTI Value DP (I)	239.92	2.54
MiraeNif100ESGSETF (G)	2.96	2.54
Axis Nifty50Index (G)	15.13	2.51
Axis Nifty50Index (I)	15.13	2.51
Axis Nifty50IndexDP (G)	15.13	2.51
Axis Nifty50IndexDP (I)	15.13	2.51
SBI NiftyIndex (G)	219.33	2.51
SBI NiftyIndex (I)	219.33	2.51
SBI NiftyIndex (IDCWR)	219.33	2.51
SBI NiftyIndex DP (G)	219.33	2.51
SBI NiftyIndex DP (I)	219.33	2.51
SBI NiftyIndex DP (IDCWR)	219.33	2.51
Tata Nifty50IndexDP (G)	27.83	2.51
Tata Nifty50IndexRP (G)	27.83	2.51
AdityaBSL Pure Value (G)	145.05	2.50
AdityaBSL Pure Value (I)	145.05	2.50
AdityaBSL Pure Value (IDCWR)	145.05	2.50
AdityaBSL PureValuDP (G)	145.05	2.50
AdityaBSL PureValuDP (I)	145.05	2.50
AdityaBSL PureValuDP (IDCWR)	145.05	2.50
Axis Nifty 50 ETF (G)	16.99	2.50
SBI Nifty50 ETF (G)	4750.43	2.50
Tata Nifty50 ETF (G)	16.82	2.50
Kotak BusinesCycle (G)	61.31	2.46
Kotak BusinesCycle (I)	61.31	2.46
Kotak BusinesCycleDP (G)	61.31	2.46
Kotak BusinesCycleDP (I)	61.31	2.46
Axis Multicap (G)	163.82	2.43
Axis Multicap (I)	163.82	2.43
Axis Multicap DP (G)	163.82	2.43
Axis Multicap DP (I)	163.82	2.43
Kotak Pioneer (G)	61.31	2.40
Kotak Pioneer (I)	61.31	2.40
Kotak Pioneer (IDCWR)	61.31	2.40
Kotak Pioneer DP (G)	61.31	2.40
Kotak Pioneer DP (I)	61.31	2.40
Kotak Pioneer DP (IDCWR)	61.31	2.40
Quantum Ethical (G)	1.12	2.40
Quantum Ethical DP (G)	1.12	2.40
UTI MultiAssetAllo (G)	123.90	2.34
UTI MultiAssetAllo (I)	123.90	2.34
UTI MultiAssetAllo (I-Rein)	123.90	2.34
UTI MultiAssetAlloDP (G)	123.90	2.34
UTI MultiAssetAlloDP (I)	123.90	2.34
InvescIndEqSavings (G)	9.30	2.33
InvescIndEqSavings (I)	9.30	2.33
InvescoIndEqSavingDP (G)	9.30	2.33
InvescoIndEqSavingDP (I)	9.30	2.33
BarBNP Focused (G)	14.66	2.31
BarBNP Focused (I)	14.66	2.31
BarBNP Focused DP (G)	14.66	2.31
BarBNP Focused DP (I)	14.66	2.31
HSBC Value (G)	291.24	2.31
HSBC Value (I)	291.24	2.31
HSBC Value (IDCWR)	291.24	2.31
HSBC Value DP (G)	291.24	2.31
HSBC Value DP (I)	291.24	2.31
HSBC Value DP (IDCWR)	291.24	2.31
WhiteOak FlexiCap (G)	101.74	2.31
WhiteOak FlexiCap (I)	101.74	2.31
WhiteOak FlexiCapDP (G)	101.74	2.31
WhiteOak FlexiCapDP (I)	101.74	2.31
WhiteOakSpecialOpp (G)	17.96	2.30
WhiteOakSpecialOppDP (G)	17.96	2.30
Axis RetirementCon (G)	1.40	2.29
Axis RetirementCon (I)	1.40	2.29
Axis RetirementConDP (G)	1.40	2.29
Axis RetirementConDP (I)	1.40	2.29
AdityaBSL ESGIntSt (G)	13.84	2.29
AdityaBSL ESGIntSt (I)	13.84	2.29
AdityaBSL ESGIntStDP (G)	13.84	2.29
AdityaBSL ESGIntStDP (I)	13.84	2.29
BarBnp Nifty 50 (G)	1.46	2.26
BarBnp Nifty 50 (I)	1.46	2.26
BarBnp Nifty 50 DP (G)	1.46	2.26
BarBnp Nifty 50 DP (I)	1.46	2.26
CanaraRobConsTrend (G)	38.39	2.26
CanaraRobConsTrend (I)	38.39	2.26
CanaraRobConsTrend (I-Rein)	38.39	2.26
CanaraRobConsTrendDP (G)	38.39	2.26
CanaraRobConsTrendDP (I)	38.39	2.26
HDFC Nifty50 Index (G)	423.89	2.23
HDFC Nifty50 IndexDP (G)	423.89	2.23
LIC MF Nifty 50 Inde (G)	7.04	2.23
LIC MF Nifty 50 Inde (I)	7.04	2.23
LIC MF Nifty 50 Inde (I-Rein)	7.04	2.23
LIC MF Nifty 50 InDP (G)	7.04	2.23
LIC MF Nifty 50 InDP (I)	7.04	2.23
TaurusNifty50Index (G)	0.12	2.23
TaurusNifty50Index (I)	0.12	2.23
TaurusNifty50Index (I-Rein)	0.12	2.23
TaurusNifty50IndexDP (G)	0.12	2.23
TaurusNifty50IndexDP (I)	0.12	2.23
MiraeAssetNifty50ETF (G)	95.32	2.22
ICICI Pru Nifty50ETF (G)	588.43	2.22
AdityaBSLNifty50ETF (G)	67.99	2.22
Motilal NiftyM50ETF (G)	1.13	2.22
BajajFins Nif50ETF (G)	4.31	2.22
Bandhan Nifty 50 (G)	38.65	2.22
Bandhan Nifty 50 (I)	38.65	2.22
Bandhan Nifty 50 (IDCWR)	38.65	2.22
Bandhan Nifty 50 DP (G)	38.65	2.22
Bandhan Nifty 50 DP (I)	38.65	2.22
DSP Nifty50ETF (G)	7.61	2.22
DSP Nifty50Index (G)	15.15	2.22
DSP Nifty50Index (I)	15.15	2.22
DSP Nifty50Index DP (G)	15.15	2.22
DSP Nifty50Index DP (I)	15.15	2.22
Edelweiss Nifty 50 (G)	3.36	2.22
Edelweiss Nifty 50 (I)	3.36	2.22
Edelweiss Nifty 50DP (G)	3.36	2.22
Edelweiss Nifty 50DP (I)	3.36	2.22
HDFC Nifty50 ETF (G)	93.43	2.22
HSBC Nifty 50 (G)	6.99	2.22
HSBC Nifty 50 (I)	6.99	2.22
HSBC Nifty 50 DP (G)	6.99	2.22
HSBC Nifty 50 DP (I)	6.99	2.22
Invesco Nifty50ETF (G)	1.95	2.22
Kotak Nifty50 ETF (G)	63.93	2.22
Kotak Nifty50 Index (G)	17.93	2.22
Kotak Nifty50 Index (I)	17.93	2.22
Kotak Nifty50IndexDP (G)	17.93	2.22
Kotak Nifty50IndexDP (I)	17.93	2.22
LIC MF Nifty 50ETF (G)	18.12	2.22
Navi ELSSTaxSavN50 (G)	1.92	2.22
Navi ELSSTaxSavN50 (I)	1.92	2.22
Navi ELSSTaxSavN50DP (G)	1.92	2.22
Navi ELSSTaxSavN50DP (I)	1.92	2.22
Navi Nifty50Index (G)	64.87	2.22
Navi Nifty50Index DP (G)	64.87	2.22
NipponETFNif50BeSE (G)	966.86	2.22
Quantum Nif 50 ETF (G)	1.42	2.22
UTI Nifty50 ETF (G)	1292.09	2.22
UTI Nifty50 Index (G)	474.21	2.22
UTI Nifty50 Index (I)	474.21	2.22
UTI Nifty50 Index (I-Rein)	474.21	2.22
UTI Nifty50 Index DP (G)	474.21	2.22
UTI Nifty50 Index DP (I)	474.21	2.22
360 ONE ELSS Tax DP (G)	1.76	2.22
360 ONE ELSS Tax DP (I)	1.76	2.22
360 ONE ELSS Tax Sav (G)	1.76	2.22
360 ONE ELSS Tax Sav (I)	1.76	2.22
Aditya BSL Nifty50 (G)	22.08	2.22
Aditya BSL Nifty50 (I)	22.08	2.22
Aditya BSL Nifty50 (IDCWR)	22.08	2.22
Aditya BSL Nifty50DP (G)	22.08	2.22
Aditya BSL Nifty50DP (I)	22.08	2.22
Aditya BSL Nifty50DP (IDCWR)	22.08	2.22
Mirae Nif50 Index (G)	0.55	2.22
Mirae Nif50 Index (I)	0.55	2.22
Mirae Nif50 IndexDP (G)	0.55	2.22
Mirae Nif50 IndexDP (I)	0.55	2.22
MotilalOsw Nifty50 (G)	14.20	2.22
MotilalOsw Nifty50DP (G)	14.20	2.22
ICICI Nifty50Index (G)	279.72	2.22
ICICI Nifty50Index (I)	279.72	2.22
ICICI Nifty50Index (IDCWR)	279.72	2.22
ICICI Nifty50IndexDP (G)	279.72	2.22
ICICI Nifty50IndexDP (I)	279.72	2.22
ICICI Nifty50IndexDP (IDCWR)	279.72	2.22
Bandhan Nifty50 ETF (G)	0.59	2.21
Nippon IndexNif50 (B)	51.04	2.21
Nippon IndexNif50 (G)	51.04	2.21
Nippon IndexNif50 (I-Annu)	51.04	2.21
Nippon IndexNif50 (I-Half)	51.04	2.21
Nippon IndexNif50 (I-Quar)	51.04	2.21
Nippon IndexNif50DP (B)	51.04	2.21
Nippon IndexNif50DP (G)	51.04	2.21
Nippon IndexNif50DP (I-Annu)	51.04	2.21
Nippon IndexNif50DP (I-Half)	51.04	2.21
Nippon IndexNif50DP (I-Quar)	51.04	2.21
ICICI Pru FocusEq (G)	231.61	2.21
ICICI Pru FocusEq (I)	231.61	2.21
ICICI Pru FocusEq (IDCWR)	231.61	2.21
ICICI Pru FocusEq DP (G)	231.61	2.21
ICICI Pru FocusEq DP (I)	231.61	2.21
ICICI Pru FocusEq DP (IDCWR)	231.61	2.21
AdityaBSL Spe Opp (G)	15.99	2.19
AdityaBSL Spe Opp (I)	15.99	2.19
AdityaBSL Spe Opp DP (G)	15.99	2.19
AdityaBSL Spe Opp DP (I)	15.99	2.19
Invesco Bal Adv (G)	20.61	2.19
Invesco Bal Adv (I)	20.61	2.19
Invesco Bal Adv DP (G)	20.61	2.19
Invesco Bal Adv DP (I)	20.61	2.19
Nippon Quant (B)	2.02	2.19
Nippon Quant (G)	2.02	2.19
Nippon Quant (I)	2.02	2.19
Nippon Quant (I-Rein)	2.02	2.19
Nippon Quant - DP (B)	2.02	2.19
Nippon Quant - DP (G)	2.02	2.19
Nippon Quant - DP (I)	2.02	2.19
FranklinNSENifty50 (G)	15.33	2.19
FranklinNSENifty50 (I)	15.33	2.19
FranklinNSENifty50 (I-Rein)	15.33	2.19
FranklinNSENifty50DP (G)	15.33	2.19
FranklinNSENifty50DP (I)	15.33	2.19
AdityaBSLElssTaxSa (G)	315.81	2.18
AdityaBSLElssTaxSa (I)	315.81	2.18
AdityaBSLElssTaxSa (IDCWR)	315.81	2.18
AdityaBSLElssTaxSaDP (G)	315.81	2.18
AdityaBSLElssTaxSaDP (I)	315.81	2.18
AdityaBSLElssTaxSaDP (IDCWR)	315.81	2.18
Axis EquitySavings (G)	21.14	2.18
Axis EquitySavings (I)	21.14	2.18
Axis EquitySavings (I-Mont)	21.14	2.18
Axis EquitySavings (I-Quar)	21.14	2.18
Axis EquitySavings (I-Rein)	21.14	2.18
Axis EquitySavings (M)	21.14	2.18
Axis EquitySavings (Q)	21.14	2.18
Axis EquitySavingsDP (G)	21.14	2.18
Axis EquitySavingsDP (I)	21.14	2.18
Axis EquitySavingsDP (I-Mont)	21.14	2.18
Axis EquitySavingsDP (I-Quar)	21.14	2.18
CanaraRob FlexiCap (G)	262.99	2.16
CanaraRob FlexiCap (I)	262.99	2.16
CanaraRob FlexiCapDP (G)	262.99	2.16
CanaraRob FlexiCapDP (I)	262.99	2.16
Samco DynAssetAllo (G)	10.92	2.15
Samco DynAssetAllo (I)	10.92	2.15
Samco DynAssetAlloDP (G)	10.92	2.15
Samco DynAssetAlloDP (I)	10.92	2.15
SBI Balanced Adv (G)	713.15	2.14
SBI Balanced Adv (I)	713.15	2.14
SBI Balanced Adv DP (G)	713.15	2.14
SBI Balanced Adv DP (I)	713.15	2.14
AdityaBSL BusinCyc (G)	35.99	2.13
AdityaBSL BusinCyc (I)	35.99	2.13
AdityaBSL BusinCycDP (G)	35.99	2.13
AdityaBSL BusinCycDP (I)	35.99	2.13
Axis Business Cycles (G)	50.72	2.12
Axis Business Cycles (I)	50.72	2.12
Axis BusinessCycleDP (G)	50.72	2.12
Axis BusinessCycleDP (I)	50.72	2.12
Bandhan BalanceAdv (G)	46.78	2.11
Bandhan BalanceAdv (I)	46.78	2.11
Bandhan BalanceAdv (IDCWR)	46.78	2.11
Bandhan BalanceAdvDP (G)	46.78	2.11
Bandhan BalanceAdvDP (I)	46.78	2.11
Bandhan BalanceAdvDP (IDCWR)	46.78	2.11
AdityaBSL EqHyb95 (G)	151.04	2.10
AdityaBSL EqHyb95 (I)	151.04	2.10
AdityaBSL EqHyb95 (IDCWR)	151.04	2.10
AdityBSL EqHyb95 DP (G)	151.04	2.10
AdityBSL EqHyb95 DP (I)	151.04	2.10
AdityBSL EqHyb95 DP (IDCWR)	151.04	2.10
Axis RetirementDyn (G)	7.06	2.07
Axis RetirementDyn (I)	7.06	2.07
Axis RetirementDynDP (G)	7.06	2.07
Axis RetirementDynDP (I)	7.06	2.07
Axis Nifty100Index (G)	34.64	2.06
Axis Nifty100Index (G)	34.64	2.06
Axis Nifty100Index (I)	34.64	2.06
Axis Nifty100Index (I)	34.64	2.06
BOI BusinessCycle (G)	10.61	2.06
BOI BusinessCycle (I)	10.61	2.06
BOI BusinessCycle DP (G)	10.61	2.06
BOI BusinessCycle DP (I)	10.61	2.06
Nippon RetWeathCre (B)	62.38	2.05
Nippon RetWeathCre (G)	62.38	2.05
Nippon RetWeathCre (I)	62.38	2.05
Nippon RetWeathCreDP (B)	62.38	2.05
Nippon RetWeathCreDP (G)	62.38	2.05
Nippon RetWeathCreDP (I)	62.38	2.05
Quantum ESG BICStr (G)	1.89	2.05
Quantum ESG BICStrDP (G)	1.89	2.05
FranklinInd EqSav (G)	13.02	2.04
FranklinInd EqSav (I)	13.02	2.04
FranklinInd EqSav (I-Mont)	13.02	2.04
FranklinInd EqSav (I-Quar)	13.02	2.04
FranklinInd EqSav (IDCWR)	13.02	2.04
FranklinInd EqSavDP (G)	13.02	2.04
FranklinInd EqSavDP (I)	13.02	2.04
FranklinInd EqSavDP (I-Mont)	13.02	2.04
FranklinInd EqSavDP (I-Quar)	13.02	2.04
Motilal OswalFocusDP (G)	28.62	2.04
Motilal OswalFocusDP (I)	28.62	2.04
Motilal OswalFocused (G)	28.62	2.04
Motilal OswalFocused (I)	28.62	2.04
Axis Innovation (G)	23.67	2.04
Axis Innovation (I)	23.67	2.04
Axis Innovation DP (G)	23.67	2.04
Axis Innovation DP (I)	23.67	2.04
Groww ValDiscDP (G)	0.99	2.04
Groww ValDiscDP (I)	0.99	2.04
Groww ValDiscDP (I-Half)	0.99	2.04
Groww ValDiscDP (I-Mont)	0.99	2.04
Groww ValDiscDP (I-Quar)	0.99	2.04
Groww ValueDisc (G)	0.99	2.04
Groww ValueDisc (H)	0.99	2.04
Groww ValueDisc (I)	0.99	2.04
Groww ValueDisc (I-Half)	0.99	2.04
Groww ValueDisc (I-Mont)	0.99	2.04
Groww ValueDisc (I-Quar)	0.99	2.04
Groww ValueDisc (I-Rein)	0.99	2.04
Groww ValueDisc (M)	0.99	2.04
Bandhan AggrHybrid (G)	16.55	2.02
Bandhan AggrHybrid (I)	16.55	2.02
Bandhan AggrHybrid (IDCWR)	16.55	2.02
Bandhan AggrHybridDP (G)	16.55	2.02
Bandhan AggrHybridDP (I)	16.55	2.02
Bandhan AggrHybridDP (IDCWR)	16.55	2.02
SBI BSE100 ETF (G)	0.18	2.01
SBI Nif50EquWeiETFDP (G)	0.46	2.01
SBI Nif50EquWeight (G)	20.93	2.01
SBI Nif50EquWeight (I)	20.93	2.01
SBI Nif50EquWeightDP (G)	20.93	2.01
SBI Nif50EquWeightDP (I)	20.93	2.01
Kotak MSCIIndiaETF (G)	20.36	2.00
ABSL Bal Bhav Yoj (G)	20.32	1.98
ABSL Bal Bhav Yoj (I)	20.32	1.98
ABSL Bal Bhav Yoj DP (G)	20.32	1.98
ABSL Bal Bhav Yoj DP (I)	20.32	1.98
BarBNP Eq Savings (G)	4.93	1.98
BarBNP Eq Savings (I)	4.93	1.98
BarBNP Eq Savings DP (G)	4.93	1.98
BarBNP Eq Savings DP (I)	4.93	1.98
InvescoIndLCap (G)	26.32	1.98
InvescoIndLCap (I)	26.32	1.98
InvescoIndLCap - DP (G)	26.32	1.98
InvescoIndLCap - DP (I)	26.32	1.98
DSP Equity Savings (G)	49.50	1.97
DSP Equity Savings (I)	49.50	1.97
DSP Equity Savings (I-Mont)	49.50	1.97
DSP Equity Savings (I-Quar)	49.50	1.97
DSP Equity Savings (IDCWR)	49.50	1.97
DSP Equity Savings (MIDCWR)	49.50	1.97
DSP Equity Savings (QIDCWR)	49.50	1.97
DSP Equity SavingsDP (G)	49.50	1.97
DSP Equity SavingsDP (I)	49.50	1.97
DSP Equity SavingsDP (I-Mont)	49.50	1.97
DSP Equity SavingsDP (I-Quar)	49.50	1.97
DSP Equity SavingsDP (IDCWR)	49.50	1.97
DSP Equity SavingsDP (MIDCWR)	49.50	1.97
DSP Equity SavingsDP (QIDCWR)	49.50	1.97
DSP Multicap (G)	38.34	1.96
DSP Multicap (I)	38.34	1.96
DSP Multicap DP (G)	38.34	1.96
DSP Multicap DP (I)	38.34	1.96
DSP Nif50 EqWeigt (G)	38.90	1.96
DSP Nif50 EqWeigt (I)	38.90	1.96
DSP Nif50 EqWeigtDP (G)	38.90	1.96
DSP Nif50 EqWeigtDP (I)	38.90	1.96
DSP Nif50EqualWeiETF (G)	9.86	1.96
HDFC NIF50 EquWeig (G)	27.60	1.96
HDFC NIF50 EquWeigDP (G)	27.60	1.96
UTI Nifty50EquWeig (G)	1.85	1.96
UTI Nifty50EquWeigDP (G)	1.85	1.96
ABSL Nifty50EqWei (G)	7.07	1.96
ABSL Nifty50EqWei (I)	7.07	1.96
ABSL Nifty50EqWei DP (G)	7.07	1.96
ABSL Nifty50EqWei DP (I)	7.07	1.96
ICICI PruNif50EqWt (G)	2.04	1.96
ICICI PruNif50EqWt (I)	2.04	1.96
ICICI PruNif50EqWtDP (G)	2.04	1.96
ICICI PruNif50EqWtDP (I)	2.04	1.96
Bandhan Innovation (G)	27.09	1.95
Bandhan Innovation (I)	27.09	1.95
Bandhan InnovationDP (G)	27.09	1.95
Bandhan InnovationDP (I)	27.09	1.95
Kotak Nif50EqulWei (G)	0.22	1.95
Kotak Nif50EqulWei (I)	0.22	1.95
Kotak Nif50EqulWeiDP (G)	0.22	1.95
Kotak Nif50EqulWeiDP (I)	0.22	1.95
LIC EquitySavings (G)	0.37	1.95
LIC EquitySavings (I-Mont)	0.37	1.95
LIC EquitySavings (I-Quar)	0.37	1.95
LIC EquitySavingsDP (G)	0.37	1.95
LIC EquitySavingsDP (I-Mont)	0.37	1.95
LIC EquitySavingsDP (I-Quar)	0.37	1.95
ParagPar Arbitrage (G)	25.47	1.95
ParagPar ArbitrageDP (G)	25.47	1.95
Tata Hybrid Eq DP (G)	77.74	1.95
Tata Hybrid Eq DP (I)	77.74	1.95
Tata Hybrid Eq DP (I-Mont)	77.74	1.95
Tata Hybrid Eq DP (IDCWR)	77.74	1.95
Tata Hybrid Eq DP (MIDCWR)	77.74	1.95
Tata Hybrid Eq RP (G)	77.74	1.95
Tata Hybrid Eq RP (I)	77.74	1.95
Tata Hybrid Eq RP (I-Mont)	77.74	1.95
Tata Hybrid Eq RP (IDCWR)	77.74	1.95
Tata Hybrid Eq RP (MIDCWR)	77.74	1.95
FranklinIndiaEqAdv (G)	63.35	1.94
FranklinIndiaEqAdv (I)	63.35	1.94
FranklinIndiaEqAdv (I-Rein)	63.35	1.94
FranklinIndiaEqAdvDP (G)	63.35	1.94
FranklinIndiaEqAdvDP (I)	63.35	1.94
Shriram BalancedAdDP (G)	1.16	1.93
Shriram BalancedAdDP (I)	1.16	1.93
Shriram BalancedAdv (G)	1.16	1.93
Shriram BalancedAdv (I)	1.16	1.93
Invesco Flexi Cap (G)	49.47	1.92
Invesco Flexi Cap (I)	49.47	1.92
Invesco Flexi Cap DP (G)	49.47	1.92
Invesco Flexi Cap DP (I)	49.47	1.92
Shriram MulAssAllo (G)	2.78	1.92
Shriram MulAssAlloDP (G)	2.78	1.92
WhiteOakELSSTaxSav (G)	6.51	1.91
WhiteOakELSSTaxSav (I)	6.51	1.91
WhiteOakELSSTaxSavDP (G)	6.51	1.91
WhiteOakELSSTaxSavDP (I)	6.51	1.91
DSP ELSS Tax Saver (G)	308.10	1.90
DSP ELSS Tax Saver (I)	308.10	1.90
DSP ELSS Tax Saver (IDCWR)	308.10	1.90
DSP ELSS Tax SaverDP (G)	308.10	1.90
DSP ELSS Tax SaverDP (I)	308.10	1.90
DSP ELSS Tax SaverDP (IDCWR)	308.10	1.90
Shriram Flexi Cap (G)	2.51	1.89
Shriram Flexi Cap (I)	2.51	1.89
Shriram Flexi Cap DP (G)	2.51	1.89
Shriram Flexi Cap DP (I)	2.51	1.89
Edelweiss LarCap (G)	21.75	1.88
Edelweiss LarCap (I)	21.75	1.88
Edelweiss LarCap (I-Rein)	21.75	1.88
Edelweiss LarCap B (G)	21.75	1.88
Edelweiss LarCap B (I)	21.75	1.88
Edelweiss LarCap B (I-Rein)	21.75	1.88
Edelweiss LarCap C (G)	21.75	1.88
Edelweiss LarCap C (I)	21.75	1.88
Edelweiss LarCap C (I-Rein)	21.75	1.88
Edelweiss LarCapDP (G)	21.75	1.88
Edelweiss LarCapDP (I)	21.75	1.88
PGIM LargeCap (G)	10.67	1.88
PGIM LargeCap (I)	10.67	1.88
PGIM LargeCap DP (G)	10.67	1.88
PGIM LargeCap DP (I)	10.67	1.88
Groww ELSSTaxSaver (G)	0.87	1.87
Groww ELSSTaxSaver (I)	0.87	1.87
Groww ELSSTaxSaverDP (G)	0.87	1.87
Groww ELSSTaxSaverDP (I)	0.87	1.87
Nippon Flexi Cap (G)	153.28	1.86
Nippon Flexi Cap (I)	153.28	1.86
Nippon Flexi Cap DP (G)	153.28	1.86
Nippon Flexi Cap DP (I)	153.28	1.86
WhiteOak BalAdv (G)	25.75	1.86
WhiteOak BalAdv DP (G)	25.75	1.86
LIC MF Nifty 100ETF (G)	12.93	1.85
Tata BalanceAdvant (G)	187.04	1.85
Tata BalanceAdvant (I)	187.04	1.85
Tata BalanceAdvant (I-Rein)	187.04	1.85
Tata BalanceAdvantDP (G)	187.04	1.85
Tata BalanceAdvantDP (I)	187.04	1.85
Tata BalanceAdvantDP (I-Rein)	187.04	1.85
AdityaBSL MultiCap (G)	108.66	1.84
AdityaBSL MultiCap (I)	108.66	1.84
AdityaBSL MultiCapDP (G)	108.66	1.84
AdityaBSL MultiCapDP (I)	108.66	1.84
Bandhan Nifty100 (G)	3.01	1.84
Bandhan Nifty100 (I)	3.01	1.84
Bandhan Nifty100 DP (G)	3.01	1.84
Bandhan Nifty100 DP (I)	3.01	1.84
HDFC Nifty 100 ETF (G)	0.53	1.84
HDFC Nifty100Index (G)	5.84	1.84
HDFC Nifty100IndexDP (G)	5.84	1.84
Nippon ETFNifty100 (G)	5.35	1.84
Shriram ELSSTaxSav (G)	0.88	1.84
Shriram ELSSTaxSav (I)	0.88	1.84
Shriram ELSSTaxSavDP (G)	0.88	1.84
Shriram ELSSTaxSavDP (I)	0.88	1.84
ICICI PruNifty100ETF (G)	2.03	1.84
Zerodha Nifty 100ETF (G)	0.89	1.84
Edelweiss FlexiCap (G)	44.20	1.83
Edelweiss FlexiCap (I)	44.20	1.83
Edelweiss FlexiCapDP (G)	44.20	1.83
Edelweiss FlexiCapDP (I)	44.20	1.83
Union Childrens (G)	1.13	1.82
Union Childrens (I)	1.13	1.82
Union Childrens DP (G)	1.13	1.82
Union Childrens DP (I)	1.13	1.82
InvescoIndMultcap-DP (G)	65.94	1.81
InvescoIndMultcap-DP (I)	65.94	1.81
InvescoIndMulticap (G)	65.94	1.81
InvescoIndMulticap (I)	65.94	1.81
InvescoIndMulticap (I-Rein)	65.94	1.81
BOI MultiAssetAllo (G)	6.00	1.80
BOI MultiAssetAllo (I)	6.00	1.80
BOI MultiAssetAlloDP (G)	6.00	1.80
BOI MultiAssetAlloDP (I)	6.00	1.80
CanaraRob Emerg Eq (G)	415.73	1.79
CanaraRob Emerg Eq (I)	415.73	1.79
CanaraRob EmergEq DP (G)	415.73	1.79
CanaraRob EmergEq DP (I)	415.73	1.79
Union Largcap (G)	7.74	1.79
Union Largcap (I-Payo)	7.74	1.79
Union Largecap DP (G)	7.74	1.79
Union Largecap DP (I-Payo)	7.74	1.79
SBI Blue Chip (G)	875.18	1.78
SBI Blue Chip (I)	875.18	1.78
SBI Blue Chip (IDCWR)	875.18	1.78
SBI Blue Chip DP (G)	875.18	1.78
SBI Blue Chip DP (I)	875.18	1.78
SBI Blue Chip DP (IDCWR)	875.18	1.78
AdityaBSL FlexiCap (G)	379.45	1.75
AdityaBSL FlexiCap (I)	379.45	1.75
AdityaBSL FlexiCap (IDCWR)	379.45	1.75
AdityaBSL FlexiCapDP (G)	379.45	1.75
AdityaBSL FlexiCapDP (I)	379.45	1.75
AdityaBSL FlexiCapDP (IDCWR)	379.45	1.75
Bandhan NifAlpha50 (G)	6.30	1.74
Bandhan NifAlpha50 (I)	6.30	1.74
Bandhan NifAlpha50DP (G)	6.30	1.74
Bandhan NifAlpha50DP (I)	6.30	1.74
HSBC Multi Cap (G)	74.32	1.74
HSBC Multi Cap (I)	74.32	1.74
HSBC Multi Cap DP (G)	74.32	1.74
HSBC Multi Cap DP (I)	74.32	1.74
Sundaram Agg Hyb (I-Mont)	97.57	1.74
Sundaram Agg Hyb (MIDCWR)	97.57	1.74
Sundaram Agg HybDP (G)	97.57	1.74
Sundaram Agg HybDP (I-Mont)	97.57	1.74
Sundaram Agg HybDP (MIDCWR)	97.57	1.74
Sundaram Agg HyEq (G)	97.57	1.74
Kotak NiftAlpha50ETF (G)	9.59	1.73
JM Large Cap (A)	8.48	1.73
JM Large Cap (G)	8.48	1.73
JM Large Cap (H)	8.48	1.73
JM Large Cap (I)	8.48	1.73
JM Large Cap (I-Annu)	8.48	1.73
JM Large Cap (I-Half)	8.48	1.73
JM Large Cap (I-Mont)	8.48	1.73
JM Large Cap (I-Quar)	8.48	1.73
JM Large Cap (I-Rein)	8.48	1.73
JM Large Cap (M)	8.48	1.73
JM Large Cap (Q)	8.48	1.73
JM Large Cap DP (G)	8.48	1.73
JM Large Cap DP (I)	8.48	1.73
JM Large Cap DP (I-Annu)	8.48	1.73
JM Large Cap DP (I-Half)	8.48	1.73
JM Large Cap DP (I-Mont)	8.48	1.73
JM Large Cap DP (I-Quar)	8.48	1.73
BarBNP ELSSTaxSav (G)	14.80	1.71
BarBNP ELSSTaxSav (I)	14.80	1.71
BarBNP ELSSTaxSav DP (G)	14.80	1.71
BarBNP ELSSTaxSav DP (I)	14.80	1.71
HSBC EquitySavings (G)	10.66	1.71
HSBC EquitySavings (I-Mont)	10.66	1.71
HSBC EquitySavings (I-Quar)	10.66	1.71
HSBC EquitySavings (MIDCWR)	10.66	1.71
HSBC EquitySavings (QIDCWR)	10.66	1.71
HSBC EquitySavingsDP (G)	10.66	1.71
HSBC EquitySavingsDP (I-Mont)	10.66	1.71
HSBC EquitySavingsDP (I-Quar)	10.66	1.71
HSBC EquitySavingsDP (QIDCWR)	10.66	1.71
ICICI Pru EqArbit (G)	437.78	1.70
ICICI Pru EqArbit (I)	437.78	1.70
ICICI Pru EqArbit (IDCWR)	437.78	1.70
ICICI Pru EqArbit DP (G)	437.78	1.70
ICICI Pru EqArbit DP (I)	437.78	1.70
ICICI Pru EqArbit DP (IDCWR)	437.78	1.70
Nippon Eq Hybrid (G)	62.65	1.70
Nippon Eq Hybrid (I)	62.65	1.70
Nippon Eq Hybrid (I-Mont)	62.65	1.70
Nippon Eq Hybrid (I-Quar)	62.65	1.70
Nippon Eq Hybrid (I-Rein)	62.65	1.70
Nippon Eq Hybrid (M)	62.65	1.70
Nippon Eq Hybrid (Q)	62.65	1.70
Nippon Eq HybridDP (G)	62.65	1.70
Nippon Eq HybridDP (I)	62.65	1.70
Nippon Eq HybridDP (I-Mont)	62.65	1.70
Nippon Eq HybridDP (I-Quar)	62.65	1.70
Nippon EqHyb SP1 (G)	62.65	1.70
Nippon EqHyb SP1 (I)	62.65	1.70
Nippon EqHyb SP1 (I-Mont)	62.65	1.70
Nippon EqHyb SP1 (I-Quar)	62.65	1.70
Nippon EqHyb SP1 DP (G)	62.65	1.70
Nippon EqHyb SP1 DP (I)	62.65	1.70
Nippon EqHyb SP1 DP (I-Mont)	62.65	1.70
Nippon EqHyb SP1 DP (I-Quar)	62.65	1.70
Mirae ELSS Tax Sav (G)	403.36	1.68
Mirae ELSS Tax Sav (I)	403.36	1.68
Mirae ELSS Tax SavDP (G)	403.36	1.68
Mirae ELSS Tax SavDP (I)	403.36	1.68
AdityaBSL EqSav (G)	10.61	1.68
AdityaBSL EqSav (I)	10.61	1.68
AdityaBSL EqSav (IDCWR)	10.61	1.68
AdityaBSL EqSav DP (G)	10.61	1.68
AdityaBSL EqSav DP (I)	10.61	1.68
AdityaBSL EqSav DP (IDCWR)	10.61	1.68
ICICIPruInnovation (G)	105.72	1.68
ICICIPruInnovation (I)	105.72	1.68
ICICIPruInnovationDP (G)	105.72	1.68
ICICIPruInnovationDP (I)	105.72	1.68
ICICI Pru RetHyCon (G)	1.33	1.68
ICICI Pru RetHyCon (I)	1.33	1.68
ICICI Pru RetHyConDP (G)	1.33	1.68
ICICI Pru RetHyConDP (I)	1.33	1.68
HDFC Arbitr WP DP (G)	307.34	1.67
HDFC Arbitr WP DP (I)	307.34	1.67
HDFC Arbitr WP DP (I-Mont)	307.34	1.67
HDFC Arbitrage - WP (G)	307.34	1.67
HDFC Arbitrage - WP (I)	307.34	1.67
HDFC Arbitrage - WP (I-Mont)	307.34	1.67
HDFC Arbitrage - WP (MIDCWR)	307.34	1.67
HDFC Arbitrage DP (G)	307.34	1.67
HDFC Arbitrage DP (I-Quar)	307.34	1.67
HDFC Arbitrage DP (QIDCWR)	307.34	1.67
HDFC Arbitrage RP (G)	307.34	1.67
HDFC Arbitrage RP (I-Mont)	307.34	1.67
HDFC Arbitrage RP (I-Quar)	307.34	1.67
LIC MF ELSS TaxSav (G)	18.22	1.67
LIC MF ELSS TaxSav (I)	18.22	1.67
LIC MF ELSS TaxSav (I-Rein)	18.22	1.67
LIC MF ELSS TaxSavDP (G)	18.22	1.67
LIC MF ELSS TaxSavDP (I)	18.22	1.67
Bandhan EqSavings (AIDCWR)	4.48	1.65
Bandhan EqSavings (G)	4.48	1.65
Bandhan EqSavings (I-Annu)	4.48	1.65
Bandhan EqSavings (I-Mont)	4.48	1.65
Bandhan EqSavings (I-Quar)	4.48	1.65
Bandhan EqSavings (MIDCWR)	4.48	1.65
Bandhan EqSavings DP (AIDCWR)	4.48	1.65
Bandhan EqSavings DP (G)	4.48	1.65
Bandhan EqSavings DP (I-Annu)	4.48	1.65
Bandhan EqSavings DP (I-Mont)	4.48	1.65
Bandhan EqSavings DP (I-Quar)	4.48	1.65
BaroBNP Childrens (G)	1.25	1.65
BaroBNP Childrens (I)	1.25	1.65
BaroBNP Childrens DP (G)	1.25	1.65
ITI ELSS Tax Saver (G)	6.25	1.65
ITI ELSS Tax Saver (I)	6.25	1.65
ITI ELSS Tax SaverDP (G)	6.25	1.65
ITI ELSS Tax SaverDP (I)	6.25	1.65
Nippon Arbitrage (G)	225.05	1.64
Nippon Arbitrage (I)	225.05	1.64
Nippon Arbitrage (I-Mont)	225.05	1.64
Nippon Arbitrage (I-Rein)	225.05	1.64
Nippon Arbitrage (M)	225.05	1.64
Nippon ArbitrageDP (G)	225.05	1.64
Nippon ArbitrageDP (I)	225.05	1.64
Nippon ArbitrageDP (I-Mont)	225.05	1.64
Bandhan FocusedEqu (G)	27.41	1.63
Bandhan FocusedEqu (I)	27.41	1.63
Bandhan FocusedEqu (IDCWR)	27.41	1.63
Bandhan FocusedEquDP (G)	27.41	1.63
Bandhan FocusedEquDP (I)	27.41	1.63
Taurus InfrastructDP (G)	0.14	1.63
Taurus InfrastructDP (I)	0.14	1.63
Taurus Infrastructur (G)	0.14	1.63
Taurus Infrastructur (I)	0.14	1.63
Taurus Infrastructur (I-Rein)	0.14	1.63
Navi Large&Midcap (G)	4.77	1.62
Navi Large&Midcap (I)	4.77	1.62
Navi Large&Midcap (I-Annu)	4.77	1.62
Navi Large&Midcap (I-Half)	4.77	1.62
Navi Large&MidcapDP (G)	4.77	1.62
Navi Large&MidcapDP (I)	4.77	1.62
Navi Large&MidcapDP (I-Annu)	4.77	1.62
Navi Large&MidcapDP (I-Half)	4.77	1.62
MiraeAsset BalAdv (G)	28.58	1.62
MiraeAsset BalAdv (I)	28.58	1.62
MiraeAsset BalAdvDP (G)	28.58	1.62
MiraeAsset BalAdvDP (I)	28.58	1.62
MiraeAssetEqSaving (G)	21.93	1.61
MiraeAssetEqSaving (I)	21.93	1.61
MiraeAssetEqSavingDP (G)	21.93	1.61
MiraeAssetEqSavingDP (I)	21.93	1.61
Nippon Large Cap (B)	605.49	1.61
Nippon Large Cap (G)	605.49	1.61
Nippon Large Cap (I)	605.49	1.61
Nippon Large CapDP (B)	605.49	1.61
Nippon Large CapDP (G)	605.49	1.61
Nippon Large CapDP (I)	605.49	1.61
Bandhan Flexi Cap (G)	110.50	1.60
Bandhan Flexi Cap (I)	110.50	1.60
Bandhan Flexi Cap (IDCWR)	110.50	1.60
Bandhan Flexi Cap DP (G)	110.50	1.60
Bandhan Flexi Cap DP (I)	110.50	1.60
ITI Large Cap (G)	7.56	1.60
ITI Large Cap (I)	7.56	1.60
ITI Large Cap DP (G)	7.56	1.60
ITI Large Cap DP (I)	7.56	1.60
ICICI Pru EqSaving (G)	203.45	1.58
ICICI Pru EqSaving (I-Quar)	203.45	1.58
ICICI Pru EqSaving (QIDCWR)	203.45	1.58
ICICI Pru EqSavingDP (G)	203.45	1.58
ICICI Pru EqSavingDP (I-Quar)	203.45	1.58
ICICI Pru EqSavingDP (QIDCWR)	203.45	1.58
Aditya MultiAssAll (G)	60.24	1.58
Aditya MultiAssAll (I)	60.24	1.58
Aditya MultiAssAllDP (G)	60.24	1.58
Aditya MultiAssAllDP (I)	60.24	1.58
HSBC Flexi Cap (G)	71.52	1.57
HSBC Flexi Cap (I)	71.52	1.57
HSBC Flexi Cap (IDCWR)	71.52	1.57
HSBC Flexi Cap DP (G)	71.52	1.57
HSBC Flexi Cap DP (I)	71.52	1.57
HSBC Flexi Cap DP (IDCWR)	71.52	1.57
ITI Balanced Adv (G)	5.92	1.55
ITI Balanced Adv (I)	5.92	1.55
ITI Balanced Adv DP (G)	5.92	1.55
ITI Balanced Adv DP (I)	5.92	1.55
WhiteOak BalHybrid (G)	2.59	1.55
WhiteOak BalHybridDP (G)	2.59	1.55
HSBC Midcap (G)	158.32	1.53
HSBC Midcap (I)	158.32	1.53
HSBC Midcap (IDCWR)	158.32	1.53
HSBC Midcap DP (G)	158.32	1.53
HSBC Midcap DP (I)	158.32	1.53
Kotak BalanceAdvan (G)	252.90	1.53
Kotak BalanceAdvan (I)	252.90	1.53
Kotak BalanceAdvanDP (G)	252.90	1.53
Kotak BalanceAdvanDP (I)	252.90	1.53
Groww Nifty200ETF (G)	0.21	1.53
Union Focused (G)	5.86	1.51
Union Focused (I)	5.86	1.51
Union Focused DP (G)	5.86	1.51
Union Focused DP (I)	5.86	1.51
AdityaBSL Arbit (G)	213.80	1.50
AdityaBSL Arbit (I)	213.80	1.50
AdityaBSL Arbit (IDCWR)	213.80	1.50
AdityaBSL Arbit DP (G)	213.80	1.50
AdityaBSL Arbit DP (I)	213.80	1.50
AdityaBSL Arbit DP (IDCWR)	213.80	1.50
Axis Nifty500Index (G)	3.21	1.49
Axis Nifty500IndexDP (G)	3.21	1.49
SBI Nif500 Index (G)	12.07	1.49
SBI Nif500 Index (I)	12.07	1.49
SBI Nif500 IndexDP (G)	12.07	1.49
SBI Nif500 IndexDP (I)	12.07	1.49
CanaraRob MultiCap (G)	56.65	1.48
CanaraRob MultiCap (I)	56.65	1.48
CanaraRob MultiCapDP (G)	56.65	1.48
CanaraRob MultiCapDP (I)	56.65	1.48
Nippon Vision (B)	80.35	1.47
Nippon Vision (G)	80.35	1.47
Nippon Vision (I)	80.35	1.47
Nippon Vision (I-Rein)	80.35	1.47
Nippon Vision DP (B)	80.35	1.47
Nippon Vision DP (G)	80.35	1.47
Nippon Vision DP (I)	80.35	1.47
WhiteoakLar&MidCap (G)	22.31	1.47
WhiteoakLar&MidCapDP (G)	22.31	1.47
Samco MultiCap (G)	5.03	1.46
Samco MultiCapDP (G)	5.03	1.46
Axis MulAsset All (G)	18.97	1.44
Axis MulAsset All (I-Mont)	18.97	1.44
Axis MulAsset All DP (G)	18.97	1.44
Axis MulAsset All DP (I-Mont)	18.97	1.44
MahiManu Large&Mid (G)	34.79	1.44
MahiManu Large&Mid (I)	34.79	1.44
MahiManu Large&MidDP (G)	34.79	1.44
MahiManu Large&MidDP (I)	34.79	1.44
Sundaram EqSav DP (G)	14.09	1.44
Sundaram EqSav DP (HIDCWR)	14.09	1.44
Sundaram EqSav DP (I-Half)	14.09	1.44
Sundaram EqSav DP (I-Half)	14.09	1.44
Sundaram EqSav DP (I-Quar)	14.09	1.44
Sundaram EqSav DP (IDCWQS)	14.09	1.44
Sundaram EqSav DP (QIDCWR)	14.09	1.44
Sundaram EqSav QD (I)	14.09	1.44
Sundaram EqSav QD (IDCWQS)	14.09	1.44
Sundaram EqSav QD (IDCWR)	14.09	1.44
Sundaram EqSavDiv (HIDCWR)	14.09	1.44
Sundaram EqSavDiv (I-Half)	14.09	1.44
Sundaram EqSavGr (G)	14.09	1.44
MiraeAs LargeCap (G)	541.27	1.43
MiraeAs LargeCap (I)	541.27	1.43
MiraeAs LargeCap DP (G)	541.27	1.43
MiraeAs LargeCap DP (I)	541.27	1.43
LIC DividendYield (G)	6.95	1.42
LIC DividendYield (I)	6.95	1.42
LIC DividendYieldDP (G)	6.95	1.42
LIC DividendYieldDP (I)	6.95	1.42
MahiManu Multi Cap (G)	69.58	1.42
MahiManu Multi Cap (I)	69.58	1.42
MahiManu Multi Cap (I-Rein)	69.58	1.42
MahiManu MultiCap DP (G)	69.58	1.42
MahiManu MultiCap DP (I)	69.58	1.42
MiraeAsse SmallCap (G)	17.77	1.41
MiraeAsse SmallCap (I)	17.77	1.41
MiraeAsse SmallCapDP (G)	17.77	1.41
MiraeAsse SmallCapDP (I)	17.77	1.41
ICICI Pru Bluechip (G)	913.88	1.41
ICICI Pru Bluechip (I)	913.88	1.41
ICICI Pru Bluechip (IDCWR)	913.88	1.41
ICICI Pru BluechipDP (G)	913.88	1.41
ICICI Pru BluechipDP (I)	913.88	1.41
ICICI Pru BluechipDP (IDCWR)	913.88	1.41
DSP Lar&MidCap (G)	193.65	1.40
DSP Lar&MidCap (I)	193.65	1.40
DSP Lar&MidCap (IDCWR)	193.65	1.40
DSP Lar&MidCap DP (G)	193.65	1.40
DSP Lar&MidCap DP (I)	193.65	1.40
DSP Lar&MidCap DP (IDCWR)	193.65	1.40
TRUSTMF Flexi Cap (G)	12.76	1.40
TRUSTMF Flexi Cap (I)	12.76	1.40
TRUSTMF Flexi Cap DP (G)	12.76	1.40
TRUSTMF Flexi Cap DP (I)	12.76	1.40
Motilal Arbitrage (G)	8.21	1.39
Motilal Arbitrage (I)	8.21	1.39
Motilal Arbitrage DP (G)	8.21	1.39
Motilal Arbitrage DP (I)	8.21	1.39
ITI Multi Cap (G)	15.50	1.39
ITI Multi Cap (I)	15.50	1.39
ITI Multi Cap DP (G)	15.50	1.39
ITI Multi Cap DP (I)	15.50	1.39
BarodaBNP Innovat DP (G)	13.33	1.37
BarodaBNP Innovat DP (I)	13.33	1.37
BarodaBNP Innovation (G)	13.33	1.37
BarodaBNP Innovation (I)	13.33	1.37
ICICIPru BSE500ETF (G)	4.61	1.35
HDFC BSE500 ETF (G)	0.21	1.35
HDFC BSE500 Index (G)	2.81	1.35
HDFC BSE500 IndexDP (G)	2.81	1.35
Sundaram Bal Adv DP (G)	20.09	1.35
Sundaram Bal Adv DP (I-Mont)	20.09	1.35
Sundaram Bal Adv DP (I-Mont)	20.09	1.35
Sundaram Bal Adv DP (MIDCWR)	20.09	1.35
Sundaram Balanced Ad (G)	20.09	1.35
Sundaram Balanced Ad (I-Mont)	20.09	1.35
Sundaram Balanced Ad (I-Mont)	20.09	1.35
Sundaram Balanced Ad (MIDCWR)	20.09	1.35
UTI Aggre Hybrid (G)	79.84	1.35
UTI Aggre Hybrid (I)	79.84	1.35
UTI Aggre Hybrid DP (G)	79.84	1.35
UTI Aggre Hybrid DP (I)	79.84	1.35
FranklinELSSTaxSav (G)	85.73	1.35
FranklinELSSTaxSav (I)	85.73	1.35
FranklinELSSTaxSav (I-Rein)	85.73	1.35
FranklinELSSTaxSavDP (G)	85.73	1.35
FranklinELSSTaxSavDP (I)	85.73	1.35
Mirae Aggr Hybrid (G)	116.59	1.34
Mirae Aggr Hybrid (I)	116.59	1.34
Mirae Aggr Hybrid (I-Rein)	116.59	1.34
Mirae Aggr Hybrid DP (G)	116.59	1.34
Mirae Aggr Hybrid DP (I)	116.59	1.34
MahiManuMulAssAllc (G)	7.60	1.34
MahiManuMulAssAllc (I)	7.60	1.34
MahiManuMulAssAllcDP (G)	7.60	1.34
MahiManuMulAssAllcDP (I)	7.60	1.34
Motilal Nifty500ETF (G)	1.56	1.33
Motilal Os Nif500 (G)	28.04	1.33
Motilal Os Nif500DP (G)	28.04	1.33
WhiteOak MultiCap (G)	20.83	1.33
WhiteOak MultiCap DP (G)	20.83	1.33
BarBNP MultiCap (G)	34.66	1.32
BarBNP MultiCap (I)	34.66	1.32
BarBNP MultiCap (I-Rein)	34.66	1.32
BarBNP MultiCap DP (G)	34.66	1.32
BarBNP MultiCap DP (I)	34.66	1.32
Nippon Value (G)	107.14	1.32
Nippon Value (I)	107.14	1.32
Nippon Value (I-Rein)	107.14	1.32
Nippon Value - DP (G)	107.14	1.32
Nippon Value - DP (I)	107.14	1.32
SBI Eq SavingsFund (G)	75.24	1.32
SBI Eq SavingsFund (I-Mont)	75.24	1.32
SBI Eq SavingsFund (I-Quar)	75.24	1.32
SBI Eq SavingsFund (MIDCWR)	75.24	1.32
SBI Eq SavingsFund (QIDCWR)	75.24	1.32
SBI Eq SavingsFundDP (G)	75.24	1.32
SBI Eq SavingsFundDP (I-Mont)	75.24	1.32
SBI Eq SavingsFundDP (I-Quar)	75.24	1.32
SBI Eq SavingsFundDP (MIDCWR)	75.24	1.32
SBI Eq SavingsFundDP (QIDCWR)	75.24	1.32
Union Balanced Advan (G)	18.01	1.32
Union Balanced Advan (I)	18.01	1.32
Union Balanced AdvDP (G)	18.01	1.32
Union Balanced AdvDP (I)	18.01	1.32
ICICI Pru Nifty500 (G)	0.27	1.32
ICICI Pru Nifty500 (I)	0.27	1.32
ICICI Pru Nifty500DP (G)	0.27	1.32
ICICI Pru Nifty500DP (I)	0.27	1.32
Nippon Bal Adv (B)	115.34	1.31
Nippon Bal Adv (G)	115.34	1.31
Nippon Bal Adv (I)	115.34	1.31
Nippon Bal Adv DP (G)	115.34	1.31
Nippon Bal Adv DP (I)	115.34	1.31
Franklin Flexi Cap (G)	226.91	1.30
Franklin Flexi Cap (I)	226.91	1.30
Franklin Flexi CapDP (G)	226.91	1.30
Franklin Flexi CapDP (I)	226.91	1.30
Samco ActiveMoment (G)	11.53	1.30
Samco ActiveMomentDP (G)	11.53	1.30
Axis Growth Oppo (G)	173.89	1.29
Axis Growth Oppo (I)	173.89	1.29
Axis Growth Oppo DP (G)	173.89	1.29
Axis Growth Oppo DP (I)	173.89	1.29
BandhanNifTotalMar (G)	0.46	1.29
BandhanNifTotalMarDP (G)	0.46	1.29
MiraeAssetFlexiCap (G)	32.70	1.29
MiraeAssetFlexiCap (I)	32.70	1.29
MiraeAssetFlexiCapDP (G)	32.70	1.29
MiraeAssetFlexiCapDP (I)	32.70	1.29
Groww NifTotalMar (G)	3.52	1.29
Groww NifTotalMar (I)	3.52	1.29
Groww NifTotalMarDP (G)	3.52	1.29
Groww NifTotalMarDP (I)	3.52	1.29
Mirae NifTotMarket (G)	0.46	1.28
Mirae NifTotMarket (I)	0.46	1.28
Mirae NifTotMarketDP (G)	0.46	1.28
Mirae NifTotMarketDP (I)	0.46	1.28
Sundaram BusiCycle (G)	20.48	1.28
Sundaram BusiCycle (I)	20.48	1.28
Sundaram BusiCycle (I-Rein)	20.48	1.28
Sundaram BusiCycleDP (G)	20.48	1.28
Sundaram BusiCycleDP (I)	20.48	1.28
Sundaram BusiCycleDP (I-Rein)	20.48	1.28
Mirae MulAsseAllco (G)	23.52	1.28
Mirae MulAsseAllco (I)	23.52	1.28
Mirae MulAsseAllcoDP (G)	23.52	1.28
Mirae MulAsseAllcoDP (I)	23.52	1.28
BaroBNP Retirement (G)	4.53	1.27
BaroBNP Retirement (I)	4.53	1.27
BaroBNP RetirementDP (G)	4.53	1.27
BaroBNP RetirementDP (I)	4.53	1.27
Canara BalancedAdv (G)	18.27	1.27
Canara BalancedAdv (I)	18.27	1.27
Canara BalancedAdvDP (G)	18.27	1.27
Canara BalancedAdvDP (I)	18.27	1.27
Edelweiss MultiCap (G)	31.78	1.26
Edelweiss MultiCap (I)	31.78	1.26
Edelweiss MultiCapDP (G)	31.78	1.26
Edelweiss MultiCapDP (I)	31.78	1.26
MahiManu BalAdvan (G)	10.80	1.25
MahiManu BalAdvan (I)	10.80	1.25
MahiManu BalAdvanDP (G)	10.80	1.25
MahiManu BalAdvanDP (I)	10.80	1.25
UTI Large&MidCap (G)	51.21	1.25
UTI Large&MidCap (I)	51.21	1.25
UTI Large&MidCap (I-Rein)	51.21	1.25
UTI Large&MidCap DP (G)	51.21	1.25
UTI Large&MidCap DP (I)	51.21	1.25
AdityaBSL Bal Adv (G)	91.01	1.24
AdityaBSL Bal Adv (I)	91.01	1.24
AdityaBSL Bal Adv (IDCWR)	91.01	1.24
AdityaBSL BalAdv DP (G)	91.01	1.24
AdityaBSL BalAdv DP (I)	91.01	1.24
AdityaBSL BalAdv DP (IDCWR)	91.01	1.24
Edelweiss ElssTaxSav (G)	4.78	1.24
Edelweiss ElssTaxSav (I)	4.78	1.24
Edelweiss ElssTaxSav (I-Rein)	4.78	1.24
Edelweiss ElssTaxSDP (G)	4.78	1.24
Edelweiss ElssTaxSDP (I)	4.78	1.24
Tata MultiAssetOpp (G)	43.35	1.24
Tata MultiAssetOpp (I)	43.35	1.24
Tata MultiAssetOpp (I-Rein)	43.35	1.24
Tata MultiAssetOppDP (G)	43.35	1.24
Tata MultiAssetOppDP (I)	43.35	1.24
Tata MultiAssetOppDP (I-Rein)	43.35	1.24
LIC MF MultiCap (G)	16.73	1.21
LIC MF MultiCap (I)	16.73	1.21
LIC MF MultiCapDP (G)	16.73	1.21
LIC MF MultiCapDP (I)	16.73	1.21
PGIM Balanced Adv (G)	11.53	1.20
PGIM Balanced Adv (I)	11.53	1.20
PGIM Balanced Adv DP (G)	11.53	1.20
PGIM Balanced Adv DP (I)	11.53	1.20
Quantum ELSSTaxSav (G)	2.51	1.20
Quantum ELSSTaxSav (I)	2.51	1.20
Quantum ELSSTaxSavDP (G)	2.51	1.20
Quantum ELSSTaxSavDP (I)	2.51	1.20
EdelweissLar&MiCap (G)	42.93	1.19
EdelweissLar&MiCap (I)	42.93	1.19
EdelweissLar&MiCap (I-Rein)	42.93	1.19
EdelweissLar&MiCapDP (G)	42.93	1.19
EdelweissLar&MiCapDP (I)	42.93	1.19
HDFC Multi Asset DP (G)	48.20	1.19
HDFC Multi Asset DP (I)	48.20	1.19
HDFC Multi Asset DP (IDCWR)	48.20	1.19
HDFC Multi Asset RP (G)	48.20	1.19
HDFC Multi Asset RP (I)	48.20	1.19
HDFC Multi Asset RP (IDCWR)	48.20	1.19
Axis ConservatHyb (A)	3.13	1.17
Axis ConservatHyb (G)	3.13	1.17
Axis ConservatHyb (H)	3.13	1.17
Axis ConservatHyb (I-Annu)	3.13	1.17
Axis ConservatHyb (I-Half)	3.13	1.17
Axis ConservatHyb (I-Quar)	3.13	1.17
Axis ConservatHyb (Q)	3.13	1.17
Axis ConservatHybDP (G)	3.13	1.17
Axis ConservatHybDP (I-Annu)	3.13	1.17
Axis ConservatHybDP (I-Half)	3.13	1.17
Axis ConservatHybDP (I-Quar)	3.13	1.17
Union EquSavings (G)	1.58	1.16
Union EquSavings (I)	1.58	1.16
Union EquSavings DP (G)	1.58	1.16
Union EquSavings DP (I)	1.58	1.16
JM Arbitrage (A)	2.15	1.15
JM Arbitrage (B)	2.15	1.15
JM Arbitrage (B-Annu)	2.15	1.15
JM Arbitrage (B-Half)	2.15	1.15
JM Arbitrage (B-Quar)	2.15	1.15
JM Arbitrage (G)	2.15	1.15
JM Arbitrage (H)	2.15	1.15
JM Arbitrage (I)	2.15	1.15
JM Arbitrage (I-Annu)	2.15	1.15
JM Arbitrage (I-Half)	2.15	1.15
JM Arbitrage (I-Mont)	2.15	1.15
JM Arbitrage (I-Quar)	2.15	1.15
JM Arbitrage (I-Rein)	2.15	1.15
JM Arbitrage (Q)	2.15	1.15
JM Arbitrage DP (B)	2.15	1.15
JM Arbitrage DP (B-Annu)	2.15	1.15
JM Arbitrage DP (B-Half)	2.15	1.15
JM Arbitrage DP (B-Quar)	2.15	1.15
JM Arbitrage DP (G)	2.15	1.15
JM Arbitrage DP (I)	2.15	1.15
JM Arbitrage DP (I-Annu)	2.15	1.15
JM Arbitrage DP (I-Half)	2.15	1.15
JM Arbitrage DP (I-Mont)	2.15	1.15
JM Arbitrage DP (I-Quar)	2.15	1.15
Sundaram Div Yie (G)	9.86	1.14
Sundaram Div Yie (I)	9.86	1.14
Sundaram Div Yie (IDCWR)	9.86	1.14
Sundaram Div Yie (IDCWS)	9.86	1.14
Sundaram Div Yie DP (G)	9.86	1.14
Sundaram Div Yie DP (I)	9.86	1.14
Sundaram Div Yie DP (IDCWR)	9.86	1.14
Sundaram Div Yie DP (IDCWS)	9.86	1.14
DSP Regular Sav - DP (G)	1.84	1.12
DSP Regular Sav - DP (I-Mont)	1.84	1.12
DSP Regular Sav - DP (I-Quar)	1.84	1.12
DSP Regular Sav - DP (MIDCWR)	1.84	1.12
DSP Regular Sav - DP (QIDCWR)	1.84	1.12
DSP Regular Savings (G)	1.84	1.12
DSP Regular Savings (I-Mont)	1.84	1.12
DSP Regular Savings (I-Quar)	1.84	1.12
DSP Regular Savings (MIDCWR)	1.84	1.12
DSP Regular Savings (QIDCWR)	1.84	1.12
BaroBNP DivYield (G)	10.66	1.11
BaroBNP DivYield (I)	10.66	1.11
BaroBNP DivYield DP (G)	10.66	1.11
BaroBNP DivYield DP (I)	10.66	1.11
BajajFins BalAdva (G)	13.55	1.10
BajajFins BalAdva (I)	13.55	1.10
BajajFins BalAdva DP (G)	13.55	1.10
BajajFins BalAdva DP (I)	13.55	1.10
HSBC ELSSTaxsaver (G)	42.63	1.10
HSBC ELSSTaxsaver (I)	42.63	1.10
HSBC ELSSTaxsaver (IDCWR)	42.63	1.10
HSBC ELSSTaxSaverDP (G)	42.63	1.10
HSBC ELSSTaxSaverDP (I)	42.63	1.10
HSBC ELSSTaxSaverDP (IDCWR)	42.63	1.10
UTI Quant (G)	16.06	1.10
UTI Quant DP (G)	16.06	1.10
DSP DyAssetAllo (G)	35.17	1.09
DSP DyAssetAllo (I)	35.17	1.09
DSP DyAssetAllo (IDCWR)	35.17	1.09
DSP DyAssetAllo DP (G)	35.17	1.09
DSP DyAssetAllo DP (I)	35.17	1.09
DSP DyAssetAllo DP (IDCWR)	35.17	1.09
Quantum Value DP (G)	12.28	1.09
Quantum Value DP (I)	12.28	1.09
Quantum Value RP (G)	12.28	1.09
Quantum Value RP (I)	12.28	1.09
Quantum Value RP (I-Rein)	12.28	1.09
Mirae Lar&Midcap (G)	397.14	1.09
Mirae Lar&Midcap (I)	397.14	1.09
Mirae Lar&Midcap (I-Rein)	397.14	1.09
Mirae Lar&Midcap DP (G)	397.14	1.09
Mirae Lar&Midcap DP (I)	397.14	1.09
MotilalOs FlexiCap (G)	133.32	1.09
MotilalOs FlexiCap (I)	133.32	1.09
MotilalOs FlexiCapD (G)	133.32	1.09
MotilalOs FlexiCapD (I)	133.32	1.09
Kotak EqHybrid DP (G)	72.24	1.06
Kotak EqHybrid DP (I)	72.24	1.06
Kotak EqHybrid DP (IDCWR)	72.24	1.06
Kotak EqHybrid RP (G)	72.24	1.06
Kotak EqHybrid RP (I)	72.24	1.06
Kotak EqHybrid RP (IDCWR)	72.24	1.06
PGIM Multi Cap (G)	3.66	1.06
PGIM Multi Cap (I)	3.66	1.06
PGIM Multi Cap DP (G)	3.66	1.06
PGIM Multi Cap DP (I)	3.66	1.06
PGIM Multi Cap DP (I-Rein)	3.66	1.06
Kotak MulAssetAllo (G)	79.97	1.05
Kotak MulAssetAllo (I)	79.97	1.05
Kotak MulAssetAlloDP (G)	79.97	1.05
Kotak MulAssetAlloDP (I)	79.97	1.05
Nippon MulAssetAll (G)	55.93	1.05
Nippon MulAssetAll (I)	55.93	1.05
Nippon MulAssetAllDP (G)	55.93	1.05
Nippon MulAssetAllDP (I)	55.93	1.05
Union Arbitrage (G)	3.08	1.02
Union Arbitrage (I)	3.08	1.02
Union Arbitrage DP (G)	3.08	1.02
Union Arbitrage DP (I)	3.08	1.02
ICICI Pru BusinCyc (G)	120.66	1.01
ICICI Pru BusinCyc (I)	120.66	1.01
ICICI Pru BusinCycDP (G)	120.66	1.01
ICICI Pru BusinCycDP (I)	120.66	1.01
ICICI Pru IndiaOppDP (G)	258.18	1.00
ICICI Pru IndiaOppDP (I)	258.18	1.00
ICICI PruIndiaOpp (G)	258.18	1.00
ICICI PruIndiaOpp (I)	258.18	1.00
Sundaram NIFTY 100 (G)	0.99	1.00
Sundaram NIFTY 100 (I)	0.99	1.00
Sundaram NIFTY 100 (IDCWR)	0.99	1.00
Sundaram NIFTY 100 (IDCWS)	0.99	1.00
Sundaram NIFTY 100DP (G)	0.99	1.00
Sundaram NIFTY 100DP (I)	0.99	1.00
Sundaram NIFTY 100DP (IDCWR)	0.99	1.00
Sundaram NIFTY 100DP (IDCWS)	0.99	1.00
CanaraRob ElssTaxS (G)	79.97	0.97
CanaraRob ElssTaxS (I)	79.97	0.97
CanaraRob ElssTaxS (I-Rein)	79.97	0.97
CanaraRob ELSSTaxSDP (G)	79.97	0.97
CanaraRob ELSSTaxSDP (I)	79.97	0.97
HDFC Nif100EqlWgt (G)	3.26	0.97
HDFC Nif100EqlWgtDP (G)	3.26	0.97
Kotak Nif100EqlWei (G)	0.09	0.97
Kotak Nif100EqlWei (I)	0.09	0.97
Kotak Nif100EqlWeiDP (G)	0.09	0.97
Kotak Nif100EqlWeiDP (I)	0.09	0.97
KotakNif100EqWeETF (G)	0.01	0.97
Kotak Eq Arbitrage (G)	575.45	0.95
Kotak Eq Arbitrage (I)	575.45	0.95
Kotak Eq Arbitrage (IDCWR)	575.45	0.95
Kotak EquityArbit DP (G)	575.45	0.95
Kotak EquityArbit DP (I)	575.45	0.95
SBI EqMin Variance (G)	2.03	0.95
SBI EqMin Variance (I)	2.03	0.95
SBI EqMin VarianceDP (G)	2.03	0.95
SBI EqMin VarianceDP (I)	2.03	0.95
Mirae NifLarMid250 (G)	0.15	0.92
Mirae NifLarMid250 (I)	0.15	0.92
Mirae NifLarMid250DP (G)	0.15	0.92
Mirae NifLarMid250DP (I)	0.15	0.92
EdelNifLar&Midcap (G)	2.23	0.92
EdelNifLar&Midcap (I)	2.23	0.92
EdelNifLar&MidcapDP (G)	2.23	0.92
EdelNifLar&MidcapDP (I)	2.23	0.92
HDFC Nif500MulticaDP (G)	3.80	0.92
HDFC Nif500Multicap (G)	3.80	0.92
HDFC NifLarMC250 (G)	4.09	0.92
HDFC NifLarMC250DP (G)	4.09	0.92
Navi Nif500MulticaDP (G)	0.21	0.92
Navi Nif500Multicap (G)	0.21	0.92
ICICI NifLarMid250 (G)	1.74	0.92
ICICI NifLarMid250 (I)	1.74	0.92
ICICI NifLarMid250DP (G)	1.74	0.92
ICICI NifLarMid250DP (I)	1.74	0.92
Zerodha ELSSTaxSavDP (G)	1.62	0.92
Zerodha NifLarMid DP (G)	7.58	0.92
Mirae Nif500MultiCap (G)	0.41	0.92
Kotak ELSS Tax SavDP (G)	53.32	0.91
Kotak ELSS Tax SavDP (I)	53.32	0.91
Kotak ELSS Tax Saver (G)	53.32	0.91
Kotak ELSS Tax Saver (I)	53.32	0.91
Kotak ELSS Tax Saver (IDCWR)	53.32	0.91
LIC LargCap (G)	12.48	0.91
LIC LargCap (I)	12.48	0.91
LIC LargCap (I-Rein)	12.48	0.91
LIC LargeCap DP (G)	12.48	0.91
LIC LargeCap DP (I)	12.48	0.91
Union BusinesCycle (G)	5.01	0.91
Union BusinesCycle (I)	5.01	0.91
Union BusinesCycleDP (G)	5.01	0.91
Union BusinesCycleDP (I)	5.01	0.91
HDFC ELSS TaxSaver (G)	139.95	0.90
HDFC ELSS TaxSaver (I)	139.95	0.90
HDFC ELSS TaxSaver (IDCWR)	139.95	0.90
HDFC ELSS TaxSaverDP (G)	139.95	0.90
HDFC ELSS TaxSaverDP (I)	139.95	0.90
HDFC ELSS TaxSaverDP (IDCWR)	139.95	0.90
ITI Large&Midcap (G)	7.03	0.90
ITI Large&Midcap (I)	7.03	0.90
ITI Large&Midcap DP (G)	7.03	0.90
ITI Large&Midcap DP (I)	7.03	0.90
Sundaram Multi Cap (G)	23.64	0.90
Sundaram Multi Cap (I)	23.64	0.90
Sundaram Multi Cap (IDCWS)	23.64	0.90
Sundaram Multi CapDP (G)	23.64	0.90
Sundaram Multi CapDP (I)	23.64	0.90
Sundaram Multi CapDP (IDCWR)	23.64	0.90
Sundaram Multi CapDP (IDCWS)	23.64	0.90
LIC MF Arbitrage (G)	2.89	0.88
LIC MF Arbitrage (I-Mont)	2.89	0.88
LIC MF Arbitrage (I-Week)	2.89	0.88
LIC MF Arbitrage DP (G)	2.89	0.88
LIC MF Arbitrage DP (I-Mont)	2.89	0.88
LIC MF Arbitrage DP (W)	2.89	0.88
PGIM Hy Eq DP (G)	1.80	0.88
PGIM Hy Eq DP (I)	1.80	0.88
PGIM Hy Eq DP (I-Annu)	1.80	0.88
PGIM Hy Eq DP (I-Mont)	1.80	0.88
PGIM Hy Eq DP (I-Quar)	1.80	0.88
PGIM Hyb Eq (G)	1.80	0.88
PGIM Hyb Eq (I)	1.80	0.88
PGIM Hyb Eq (I-Annu)	1.80	0.88
PGIM Hyb Eq (I-Mont)	1.80	0.88
PGIM Hyb Eq (I-Quar)	1.80	0.88
MahiManu Large Cap (G)	5.33	0.87
MahiManu Large Cap (I)	5.33	0.87
MahiManu LargeCap DP (G)	5.33	0.87
MahiManu LargeCap DP (I)	5.33	0.87
UTI Balance Advan (G)	24.89	0.87
UTI Balance Advan (I)	24.89	0.87
UTI Balance Advan DP (G)	24.89	0.87
UTI Balance Advan DP (I)	24.89	0.87
InvescoMulAsseAllo (G)	2.99	0.86
InvescoMulAsseAllo (I)	2.99	0.86
InvescoMulAsseAlloDP (G)	2.99	0.86
InvescoMulAsseAlloDP (I)	2.99	0.86
Union Retirement (G)	1.33	0.86
Union Retirement (I)	1.33	0.86
Union Retirement DP (G)	1.33	0.86
Union Retirement DP (I)	1.33	0.86
Bandhan MulAssAllo (G)	15.41	0.85
Bandhan MulAssAllo (I)	15.41	0.85
Bandhan MulAssAlloDP (G)	15.41	0.85
Bandhan MulAssAlloDP (I)	15.41	0.85
WhiteOak Arbitrage (G)	3.17	0.85
WhiteOak ArbitrageDP (G)	3.17	0.85
BOI Balan Adv (G)	1.08	0.82
BOI Balan Adv (I)	1.08	0.82
BOI Balan Adv (I-Rein)	1.08	0.82
BOI Balan Adv DP (G)	1.08	0.82
BOI Balan Adv DP (I)	1.08	0.82
HDFC BalanceAdva DP (G)	777.24	0.82
HDFC BalanceAdva DP (I)	777.24	0.82
HDFC BalanceAdva DP (IDCWR)	777.24	0.82
HDFC BalanceAdva RP (G)	777.24	0.82
HDFC BalanceAdva RP (I)	777.24	0.82
HDFC BalanceAdva RP (IDCWR)	777.24	0.82
WhiteOak MulAsAllo (G)	13.68	0.82
WhiteOak MulAsAlloDP (G)	13.68	0.82
HDFC RetireSavEQ RP (G)	47.98	0.80
HDFC RetireSavEQDP (G)	47.98	0.80
Quantum MulAssAllo (G)	0.26	0.80
Quantum MulAssAlloDP (G)	0.26	0.80
HDFC Eq Savings DP (G)	42.92	0.79
HDFC Eq Savings DP (I)	42.92	0.79
HDFC Eq Savings DP (IDCWR)	42.92	0.79
HDFC EquitySavingsRP (G)	42.92	0.79
HDFC EquitySavingsRP (I)	42.92	0.79
HDFC EquitySavingsRP (IDCWR)	42.92	0.79
Navi Flexi Cap (G)	1.87	0.77
Navi Flexi Cap (I)	1.87	0.77
Navi Flexi Cap (I-Annu)	1.87	0.77
Navi Flexi Cap (I-Half)	1.87	0.77
Navi Flexi Cap (I-Mont)	1.87	0.77
Navi Flexi Cap (I-Quar)	1.87	0.77
Navi Flexi Cap DP (G)	1.87	0.77
Navi Flexi Cap DP (I)	1.87	0.77
Navi Flexi Cap DP (I-Annu)	1.87	0.77
Navi Flexi Cap DP (I-Half)	1.87	0.77
Navi Flexi Cap DP (I-Mont)	1.87	0.77
Navi Flexi Cap DP (I-Quar)	1.87	0.77
SundaramELSSTaxSav (G)	9.86	0.77
SundaramELSSTaxSav (I-Half)	9.86	0.77
SundaramELSSTaxSavDP (G)	9.86	0.77
SundaramELSSTaxSavDP (I-Half)	9.86	0.77
MahiManu Flexi Cap (G)	10.66	0.76
MahiManu Flexi Cap (I)	10.66	0.76
MahiManu FlexiCapDP (G)	10.66	0.76
MahiManu FlexiCapDP (I)	10.66	0.76
UTI LargeCap (G)	91.99	0.76
UTI LargeCap (I)	91.99	0.76
UTI LargeCap (I-Rein)	91.99	0.76
UTI LargeCap DP (G)	91.99	0.76
UTI LargeCap DP (I)	91.99	0.76
Sundaram Div Eq (G)	10.66	0.75
Sundaram Div Eq (I)	10.66	0.75
Sundaram Div Eq (IDCWR)	10.66	0.75
Sundaram Div Eq DP (G)	10.66	0.75
Sundaram Div Eq DP (I)	10.66	0.75
Sundaram Div Eq DP (IDCWR)	10.66	0.75
Sundaram Flexicap (G)	14.66	0.75
Sundaram Flexicap (I)	14.66	0.75
Sundaram Flexicap (I-Rein)	14.66	0.75
Sundaram FlexicapDP (G)	14.66	0.75
Sundaram FlexicapDP (I)	14.66	0.75
Sundaram FlexicapDP (I-Rein)	14.66	0.75
HDFC LargeCap (G)	263.59	0.73
HDFC LargeCap (I)	263.59	0.73
HDFC LargeCap (IDCWR)	263.59	0.73
HDFC LargeCap DP (G)	263.59	0.73
HDFC LargeCap DP (I)	263.59	0.73
HDFC LargeCap DP (IDCWR)	263.59	0.73
BajajFinsArbitrage (G)	6.48	0.72
BajajFinsArbitrage (I)	6.48	0.72
BajajFinsArbitrageDP (G)	6.48	0.72
BajajFinsArbitrageDP (I)	6.48	0.72
Nippon RetIncGen (B)	1.07	0.70
Nippon RetIncGen (G)	1.07	0.70
Nippon RetIncGen (I)	1.07	0.70
Nippon RetIncGenDP (B)	1.07	0.70
Nippon RetIncGenDP (G)	1.07	0.70
Nippon RetIncGenDP (I)	1.07	0.70
UTI MastrEqPlUnSch (I)	19.73	0.70
UTI Retirement (G)	32.05	0.70
UTI Retirement DP (G)	32.05	0.70
SBI Arbitrage Oppr (G)	220.43	0.69
SBI Arbitrage Oppr (I)	220.43	0.69
SBI Arbitrage Oppr (IDCWR)	220.43	0.69
SBI Arbitrage OpprDP (G)	220.43	0.69
SBI Arbitrage OpprDP (I)	220.43	0.69
SBI Arbitrage OpprDP (IDCWR)	220.43	0.69
UTI Arbitrage (G)	45.86	0.69
UTI Arbitrage (I)	45.86	0.69
UTI Arbitrage (I-Rein)	45.86	0.69
UTI Arbitrage DP (G)	45.86	0.69
UTI Arbitrage DP (I)	45.86	0.69
PGIM ELSSTaxSaver (G)	4.80	0.65
PGIM ELSSTaxSaver (I)	4.80	0.65
PGIM ELSSTaxSaver DP (G)	4.80	0.65
PGIM ELSSTaxSaver DP (I)	4.80	0.65
Edelweiss AggHy (G)	15.91	0.64
Edelweiss AggHy (I)	15.91	0.64
Edelweiss AggHy DP (G)	15.91	0.64
Edelweiss AggHy DP (I)	15.91	0.64
Edelweiss AggHyPlanB (G)	15.91	0.64
Edelweiss AggHyPlanB (I)	15.91	0.64
WhiteOak EquitySav (G)	0.22	0.64
WhiteOak EquitySavDP (G)	0.22	0.64
MiraeAsset ArbitraDP (G)	19.03	0.61
MiraeAsset ArbitraDP (I)	19.03	0.61
MiraeAsset Arbitrage (G)	19.03	0.61
MiraeAsset Arbitrage (I)	19.03	0.61
UTI ConservaHybrid (G)	10.13	0.61
UTI ConservaHybrid (I-Flex)	10.13	0.61
UTI ConservaHybrid (I-Mont)	10.13	0.61
UTI ConservaHybrid (P-Mont)	10.13	0.61
UTI ConservaHybridDP (G)	10.13	0.61
UTI ConservaHybridDP (I-Flex)	10.13	0.61
UTI ConservaHybridDP (I-Mont)	10.13	0.61
UTI ConservaHybridDP (P-Mont)	10.13	0.61
HDFC RetireSavHyEQDP (G)	9.33	0.60
HDFC RetireSavHyEQRP (G)	9.33	0.60
MahiMan ELSSTaxSav (G)	5.33	0.60
MahiMan ELSSTaxSav (I)	5.33	0.60
MahiManuELSSTaxSavDP (G)	5.33	0.60
MahiManuELSSTaxSavDP (I)	5.33	0.60
SBI Contra (G)	249.64	0.60
SBI Contra (I)	249.64	0.60
SBI Contra (IDCWR)	249.64	0.60
SBI Contra DP (G)	249.64	0.60
SBI Contra DP (I)	249.64	0.60
SBI Contra DP (IDCWR)	249.64	0.60
HDFC Multi Cap (G)	91.18	0.57
HDFC Multi Cap (I)	91.18	0.57
HDFC Multi Cap DP (G)	91.18	0.57
HDFC Multi Cap DP (I)	91.18	0.57
AdityaBSL RegSav (G)	7.30	0.53
AdityaBSL RegSav (I)	7.30	0.53
AdityaBSL RegSav (IDCWR)	7.30	0.53
AdityaBSL RegSav (MPaymentG)	7.30	0.53
AdityaBSL RegSav (PaymentM)	7.30	0.53
AdityaBSL RegSav DP (G)	7.30	0.53
AdityaBSL RegSav DP (I-Mont)	7.30	0.53
AdityaBSL RegSav DP (MIDCWR)	7.30	0.53
AdityaBSL RegSav DP (MPMG)	7.30	0.53
Union MulAssetAllo (G)	4.21	0.53
Union MulAssetAllo (I)	4.21	0.53
Union MulAssetAlloDP (G)	4.21	0.53
Union MulAssetAlloDP (I)	4.21	0.53
Kotak Equity Savings (G)	41.85	0.52
Kotak Equity Savings (I-Mont)	41.85	0.52
Kotak Equity Savings (MIDCWR)	41.85	0.52
Kotak EquitySavingDP (G)	41.85	0.52
Kotak EquitySavingDP (I-Mont)	41.85	0.52
Edelw MultiAssetAl (G)	8.16	0.52
Edelw MultiAssetAl (I)	8.16	0.52
Edelw MultiAssetAlDP (G)	8.16	0.52
Edelw MultiAssetAlDP (I)	8.16	0.52
MahiManu AggHybrid (G)	8.00	0.51
MahiManu AggHybrid (I)	8.00	0.51
MahiManu AggHybridDP (G)	8.00	0.51
MahiManu AggHybridDP (I)	8.00	0.51
LIC MF Conser HybDP (G)	0.24	0.48
LIC MF Conser HybDP (I-Annu)	0.24	0.48
LIC MF Conser HybDP (I-Mont)	0.24	0.48
LIC MF Conser HybDP (I-Quar)	0.24	0.48
LIC MF Conser Hybr (A)	0.24	0.48
LIC MF Conser Hybr (G)	0.24	0.48
LIC MF Conser Hybr (I-Annu)	0.24	0.48
LIC MF Conser Hybr (I-Mont)	0.24	0.48
LIC MF Conser Hybr (I-Quar)	0.24	0.48
LIC MF Conser Hybr (M)	0.24	0.48
LIC MF Conser Hybr (Q)	0.24	0.48
Mirae BSE200EqlETF (G)	0.07	0.48
HDFC Flexi Cap DP (G)	320.56	0.46
HDFC Flexi Cap DP (I)	320.56	0.46
HDFC Flexi Cap DP (IDCWR)	320.56	0.46
HDFC Flexi Cap RP (G)	320.56	0.46
HDFC Flexi Cap RP (I)	320.56	0.46
HDFC Flexi Cap RP (IDCWR)	320.56	0.46
ICICI Pru Quant (G)	0.57	0.46
ICICI Pru Quant (I)	0.57	0.46
ICICI Pru Quant DP (G)	0.57	0.46
ICICI Pru Quant DP (I)	0.57	0.46
ICICI Pru DivYieldEq (G)	22.75	0.46
ICICI Pru DivYieldEq (I)	22.75	0.46
ICICI Pru DivYieldEq (IDCWR)	22.75	0.46
ICICI Pru DivYldEqDP (G)	22.75	0.46
ICICI Pru DivYldEqDP (I)	22.75	0.46
ICICI Pru DivYldEqDP (IDCWR)	22.75	0.46
BarBnp Arbit (A)	4.81	0.45
BarBnp Arbit (G)	4.81	0.45
BarBnp Arbit (I-Mont)	4.81	0.45
BarBnp Arbit (I-Quar)	4.81	0.45
BarBnp Arbit DP (A)	4.81	0.45
BarBnp Arbit DP (G)	4.81	0.45
BarBnp Arbit DP (I-Mont)	4.81	0.45
BarBnp Arbit DP (I-Quar)	4.81	0.45
DSP Arbitrage (G)	26.82	0.45
DSP Arbitrage (I)	26.82	0.45
DSP Arbitrage (I-Mont)	26.82	0.45
DSP Arbitrage - DP (G)	26.82	0.45
DSP Arbitrage - DP (I)	26.82	0.45
DSP Arbitrage - DP (I-Mont)	26.82	0.45
HDFC DividendYield (G)	26.66	0.45
HDFC DividendYield (I)	26.66	0.45
HDFC DividendYieldDP (G)	26.66	0.45
HDFC DividendYieldDP (I)	26.66	0.45
LICMF Balanced Adv (G)	3.31	0.44
LICMF Balanced Adv (I)	3.31	0.44
LICMF Balanced AdvDP (G)	3.31	0.44
LICMF Balanced AdvDP (I)	3.31	0.44
BarBNP Con Hybrid (G)	3.20	0.43
BarBNP Con Hybrid (I-Mont)	3.20	0.43
BarBNP Con Hybrid (I-Quar)	3.20	0.43
BarBNP Con Hybrid DP (G)	3.20	0.43
BarBNP Con Hybrid DP (I-Mont)	3.20	0.43
BarBNP Con Hybrid DP (I-Quar)	3.20	0.43
Bandhan CoreEquity (G)	33.57	0.42
Bandhan CoreEquity (I)	33.57	0.42
Bandhan CoreEquity (IDCWR)	33.57	0.42
Bandhan CoreEquityDP (G)	33.57	0.42
Bandhan CoreEquityDP (I)	33.57	0.42
FT India DHy (G)	1.76	0.42
FT India DHyb Mon (IDCW)	1.76	0.42
FT India DHyb Qtr (IDCW)	1.76	0.42
HDFC Large&MidCap (G)	96.14	0.41
HDFC Large&MidCap (I)	96.14	0.41
HDFC Large&MidCap (IDCWR)	96.14	0.41
HDFC Large&MidCap DP (G)	96.14	0.41
HDFC Large&MidCap DP (I)	96.14	0.41
HDFC Large&MidCap DP (IDCWR)	96.14	0.41
InvescoInd ArbitraDP (B-Annu)	78.79	0.40
InvescoInd ArbitraDP (G)	78.79	0.40
InvescoInd ArbitraDP (I)	78.79	0.40
InvescoInd Arbitrage (G)	78.79	0.40
InvescoInd Arbitrage (I)	78.79	0.40
InvescoInd Arbitrage (I-Rein)	78.79	0.40
Edelweiss ArbitragDP (G)	54.21	0.39
Edelweiss ArbitragDP (I)	54.21	0.39
Edelweiss ArbitragDP (I-Mont)	54.21	0.39
Edelweiss Arbitrage (B)	54.21	0.39
Edelweiss Arbitrage (G)	54.21	0.39
Edelweiss Arbitrage (I)	54.21	0.39
Edelweiss Arbitrage (I-Mont)	54.21	0.39
Edelweiss Arbitrage (I-Rein)	54.21	0.39
AdityaBSL EqAdva (G)	21.08	0.39
AdityaBSL EqAdva (I)	21.08	0.39
AdityaBSL EqAdva (IDCWR)	21.08	0.39
AdityaBSL EqAdva DP (G)	21.08	0.39
AdityaBSL EqAdva DP (I)	21.08	0.39
AdityaBSL EqAdva DP (IDCWR)	21.08	0.39
Axis Arbitrage (G)	21.09	0.36
Axis Arbitrage (I-Mont)	21.09	0.36
Axis Arbitrage DP (G)	21.09	0.36
Axis Arbitrage DP (I-Mont)	21.09	0.36
Sundaram Arbitrage (G)	1.03	0.35
Sundaram Arbitrage (I-Mont)	1.03	0.35
Sundaram Arbitrage (I-Mont)	1.03	0.35
Sundaram Arbitrage (M)	1.03	0.35
Sundaram ArbitrageDP (G)	1.03	0.35
Sundaram ArbitrageDP (I-Mont)	1.03	0.35
Sundaram ArbitrageDP (I-Mont)	1.03	0.35
ICICI Pru BalanceAdv (G)	210.05	0.35
ICICI Pru BalanceAdv (I)	210.05	0.35
ICICI Pru BalanceAdv (I-Mont)	210.05	0.35
ICICI Pru BalanceAdv (IDCWR)	210.05	0.35
ICICI Pru BalanceAdv (MIDCWR)	210.05	0.35
ICICI Pru BalnAdv DP (G)	210.05	0.35
ICICI Pru BalnAdv DP (I)	210.05	0.35
ICICI Pru BalnAdv DP (I-Mont)	210.05	0.35
ICICI Pru BalnAdv DP (IDCWR)	210.05	0.35
ICICI Pru BalnAdv DP (MIDCWR)	210.05	0.35
ICICI Pru Equ&Debt (AIDCWR)	141.47	0.35
ICICI Pru Equ&Debt (G)	141.47	0.35
ICICI Pru Equ&Debt (HIDCWR)	141.47	0.35
ICICI Pru Equ&Debt (I)	141.47	0.35
ICICI Pru Equ&Debt (I-Annu)	141.47	0.35
ICICI Pru Equ&Debt (I-Half)	141.47	0.35
ICICI Pru Equ&Debt (IDCWR)	141.47	0.35
ICICI Pru Equ&DebtDP (AIDCWR)	141.47	0.35
ICICI Pru Equ&DebtDP (G)	141.47	0.35
ICICI Pru Equ&DebtDP (HIDCWR)	141.47	0.35
ICICI Pru Equ&DebtDP (I)	141.47	0.35
ICICI Pru Equ&DebtDP (I-Annu)	141.47	0.35
ICICI Pru Equ&DebtDP (I-Half)	141.47	0.35
ICICI Pru Equ&DebtDP (IDCWR)	141.47	0.35
PGIM EqSavings (G)	0.24	0.34
PGIM EqSavings (I)	0.24	0.34
PGIM EqSavings (I-Annu)	0.24	0.34
PGIM EqSavings (I-Mont)	0.24	0.34
PGIM EqSavings (I-Quar)	0.24	0.34
PGIM EqSavingsDP (G)	0.24	0.34
PGIM EqSavingsDP (I)	0.24	0.34
PGIM EqSavingsDP (I-Annu)	0.24	0.34
PGIM EqSavingsDP (I-Half)	0.24	0.34
PGIM EqSavingsDP (I-Mont)	0.24	0.34
PGIM EqSavingsDP (I-Quar)	0.24	0.34
Nippon HybBond (G)	2.79	0.33
Nippon HybBond (I-Mont)	2.79	0.33
Nippon HybBond (I-Quar)	2.79	0.33
Nippon HybBond (M)	2.79	0.33
Nippon HybBond (Q)	2.79	0.33
Nippon HybBond DP (G)	2.79	0.33
Nippon HybBond DP (I-Mont)	2.79	0.33
Nippon HybBond DP (I-Quar)	2.79	0.33
SamcoMulAssetAllo (G)	0.76	0.33
SamcoMulAssetAlloDP (G)	0.76	0.33
Edelweiss BalAdv (G)	37.58	0.31
Edelweiss BalAdv (I)	37.58	0.31
Edelweiss BalAdv (I-Mont)	37.58	0.31
Edelweiss BalAdv (I-Rein)	37.58	0.31
Edelweiss BalAdv DP (G)	37.58	0.31
Edelweiss BalAdv DP (I)	37.58	0.31
Edelweiss BalAdv DP (I-Mont)	37.58	0.31
Tata Arbitrage (G)	38.72	0.30
Tata Arbitrage (I-Mont)	38.72	0.30
Tata Arbitrage (M)	38.72	0.30
Tata Arbitrage DP (G)	38.72	0.30
Tata Arbitrage DP (I-Mont)	38.72	0.30
Tata Arbitrage DP (M)	38.72	0.30
ICICI Pru ElssTaxS (G)	34.23	0.25
ICICI Pru ElssTaxS (I)	34.23	0.25
ICICI Pru ElssTaxS (IDCWR)	34.23	0.25
ICICI Pru ElssTaxSDP (G)	34.23	0.25
ICICI Pru ElssTaxSDP (I)	34.23	0.25
ICICI Pru ElssTaxSDP (IDCWR)	34.23	0.25
HDFC Hybrid Debt DP (G)	8.28	0.25
HDFC Hybrid Debt DP (I-Mont)	8.28	0.25
HDFC Hybrid Debt DP (I-Quar)	8.28	0.25
HDFC Hybrid Debt DP (MIDCWR)	8.28	0.25
HDFC Hybrid Debt DP (QIDCWR)	8.28	0.25
HDFC Hybrid Debt RP (G)	8.28	0.25
HDFC Hybrid Debt RP (I-Mont)	8.28	0.25
HDFC Hybrid Debt RP (I-Quar)	8.28	0.25
HDFC Hybrid Debt RP (MIDCWR)	8.28	0.25
HDFC Hybrid Debt RP (QIDCWR)	8.28	0.25
ParagPar DyAssAllo (G)	4.43	0.25
ParagPar DyAssAllo (I-Mont)	4.43	0.25
ParagPar DyAssAllo (MIDCWR)	4.43	0.25
ParagPar DyAssAlloDP (G)	4.43	0.25
ParagPar DyAssAlloDP (I-Mont)	4.43	0.25
ParagPar DyAssAlloDP (MIDCWR)	4.43	0.25
ICICI Pru MidCap (G)	14.09	0.24
ICICI Pru MidCap (I)	14.09	0.24
ICICI Pru MidCap (IDCWR)	14.09	0.24
ICICI Pru MidCap DP (G)	14.09	0.24
ICICI Pru MidCap DP (I)	14.09	0.24
ICICI Pru MidCap DP (IDCWR)	14.09	0.24
Bandhan Arbitrage (AIDCWR)	18.66	0.23
Bandhan Arbitrage (G)	18.66	0.23
Bandhan Arbitrage (I-Annu)	18.66	0.23
Bandhan Arbitrage (I-Mont)	18.66	0.23
Bandhan Arbitrage (MIDCWR)	18.66	0.23
Bandhan Arbitrage DP (AIDCWR)	18.66	0.23
Bandhan Arbitrage DP (G)	18.66	0.23
Bandhan Arbitrage DP (I-Annu)	18.66	0.23
Bandhan Arbitrage DP (I-Mont)	18.66	0.23
Nippon Nif500EqlWeDP (G)	0.74	0.20
Nippon Nif500EqlWeDP (I)	0.74	0.20
Nippon Nif500EqlWeig (G)	0.74	0.20
Nippon Nif500EqlWeig (I)	0.74	0.20
Tata Quant (G)	0.12	0.18
Tata Quant (I)	0.12	0.18
Tata Quant (I-Rein)	0.12	0.18
Tata Quant DP (G)	0.12	0.18
Tata Quant DP (I)	0.12	0.18
Tata Quant DP (I-Rein)	0.12	0.18
Kotak Multicap (G)	26.66	0.17
Kotak Multicap (I)	26.66	0.17
Kotak Multicap DP (G)	26.66	0.17
Kotak Multicap DP (I)	26.66	0.17
Franklin Arbitrage (G)	0.23	0.11
Franklin Arbitrage (I)	0.23	0.11
Franklin ArbitrageDP (G)	0.23	0.11
Franklin ArbitrageDP (I)	0.23	0.11
ICICI PruMultAsset (G)	35.55	0.06
ICICI PruMultAsset (I)	35.55	0.06
ICICI PruMultAsset (IDCWR)	35.55	0.06
ICICI PruMultAssetDP (G)	35.55	0.06
ICICI PruMultAssetDP (I)	35.55	0.06
ICICI PruMultAssetDP (IDCWR)	35.55	0.06
HSBC Arbitrage (G)	0.70	0.03
HSBC Arbitrage (I-Mont)	0.70	0.03
HSBC Arbitrage (I-Quar)	0.70	0.03
HSBC Arbitrage (MIDCWR)	0.70	0.03
HSBC Arbitrage (QIDCWR)	0.70	0.03
HSBC ArbitrageOpp DP (G)	0.70	0.03
HSBC ArbitrageOpp DP (I-Mont)	0.70	0.03
HSBC ArbitrageOpp DP (I-Quar)	0.70	0.03
HSBC ArbitrageOpp DP (MIDCWR)	0.70	0.03
HSBC ArbitrageOpp DP (QIDCWR)	0.70	0.03
NJ BalancedAdvantaDP (G)	0.19	0.01
NJ BalancedAdvantaDP (I)	0.19	0.01
NJ BalancedAdvantage (G)	0.19	0.01
NJ BalancedAdvantage (I)	0.19	0.01

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Company Info

1945 - The Company was Incorporated and converted into Public Limited in 1955 at Mumbai. The Company Manufacture Jeep type vehicles, petrol industrial engines, industrial process control instruments and flow meters. Trading in steel and manufacture of professional grade electronic components. Jeeps are manufactured under a license and an agreement with Willys Motors Inc., Toledo, Ohio, U.S.A., for whom the Company also acts as exclusive distributors for the whole of India for their entire range of vehicles including utility vans, cargo/personnel carriers and pick-up trucks. 1958 - The Company entered into an agreement with Birfield Ltd., to form Mahindra Sintered Products Private Limited for the manufacture of a wide range of self lubricating bearings. 1968 - The Instrumentation & Electronics Division came into existence as a result of merger of the wholly-owned subsidiary of Mahindra Engineering Co. Ltd., with the Company with effect from 1st April 1968. The activities of the merged company were being carried on in this division. - The Company acquired the whole paid-up capital of Mahindra Electro-Chemicals Products Ltd. Company. - With effect from 1st April, the wholly owned subsidiary Mahindra Engineering Co. Ltd., was merged with the Company. International Tractor Company of India Ltd., was merged with the Company effective from 1st November 1977. 1970 - The name was changed from Mahindra Van Wijk & Visser Ltd. to Mahindra & Mahindra Ltd. This was merged with the Indian National Diesel Engine Co., Ltd., during 1977-78. 1977 - 74, - 700-9.3% Pref. and 12,98,202 No. of Equity share allotted without payment in cash to shareholders of International Tractor Co. Ltd., on its merger in prop 1:1 Pref. and 2:3 Equity. 12,500-7.8% Pref. shares redeemed on 1.2.1979. 1978 - The Company started negotiation with Balania K. Zacharopoulos Ltd., Athens for jointly promoting a new company in Greece for the manufacture of Jeep vehicles and trucks. Initially, it was proposed to assemble these vehicles mainly from CKD packs to be shipped from India. 1979 - 57,22,764 Bonus equity share issued in prop. 1:1. 1983 - 76,30,352 Bonus equity shares issued in prop. 2:3 in October 1984. 1984 - Mahindra Spicer Ltd. (MSL), was amalgamated with Mahindra & Mahindra Ltd. (MML) with effect from 3rd April. Pursuant to the scheme of amalgamation of MSL with MML, the shareholders of MSL were allotted 1,88,166 equity shares of MML in the ratio of 1 equity share of MML for every 6 shares held in MSL. - The Company entered into a collaboration agreement with Foramer S. A., an associate of Forasol S.A., for purchase of Ile d' Amsterdam an offshore drilling rig at a price U.S. $10.75 million. The Company arranged for a foreign currency loan through Bank of Baroda. In view of this purchase, the Company obtained a firm order from ONGC for drilling services for 2 years. 1985 - A letter of intent was obtained for the manufacture of 50,000 lines of EPABX/PAXs in collaboration with OKL Electric Co. of Japan. - The Company also signed a Memorandum of Understanding with the British Telecom p.l.c. of London under which the two companies were to jointly explore and develop opportunities in telecommunication and technical fields in India. - MBT was made a subsidiary of the Company with 60% holding and the remaining 40% was subscribed by the foreign partners, the British Telecommunications p.l.c., U.K. (BT) for provision of software engineers of MBT to work on various projects of BT in the U.K. MBT also decided to issue equity capital to the extent of Rs 4 crores out of which shares worth Rs 2.40 crores were to be offered to Mahindra & Mahindra Ltd., for subscription and the balance shares worth Rs 1.60 crores were to be offered to BT. 1987 - (17 months), approval from Government was received for the manufacture of Peugeot 504 pick-up vehicles in collaboration with Automobiles Peugeot of France. - A new model M-595 tractor in the 50 H.P. range was introduced. 1988 - The Company acquired a off-shore drilling rig "Ile d' Amsterdam" from Foramer S. A., France as on 1st March. A firm letter of intent was received for one land rig for drilling operations at Jwalamukhi, Himachal Pradesh against a tender from ONGC. The Company already entered into an agreement with Forasol S.A., for purchase of a land rig and related equipment. 1989 - During the year improved versions of CJ 500 range of jeeps and FJ range of LCVs were introduced. Also a sporty model of jeep was introduce which was well received by the target audience. - During September, the Company acquired the automotive pressing unit at Kanhe from Guest Keen Williams, Ltd. for a gross consideration of Rs 28.75 crores. The unit has an installed capacity of 10,000 tonnes per annum. 1990 - The Automotive division faced adverse market conditions resulting in a drastic reduction in production and sales of vehicles. The Automotive division introduced a direct injection diesel engine, the MDI 2500 A engine on the CJ 500 vehicles. A new fuel efficient 10 seater vehi cle having a direct injection diesel engine was introduced. - A letter of intent was obtained from ONGC for extension of the contract for a further period of one year. However, on account of certain procedural delays ONGC dehired the rig and it remained non-operational for about 160 days. However, the Company received a contract from ONGC for a much higher day rate and the rig was rendering service to ONGC with effect from 9th November. - The Company issued 48,16,012-12.5% fully convertible debentures of Rs 110 each with a provision to apply, instead, for 58,86,236 fully convertible zero interest bonds of Rs 90 each. An option was given to apply for a combination of debentures and bonds subject to an aggregate value of Rs 52,97,61,320. These debentures/bonds were offered on rights basis to the then existing equity shareholders in the ratio of one debenture for every four equity shares held. The issue was fullysubscribed. Additional bonds/debentures were issued to retain the over-subscription to the extent of 15% of the issue which is equivalent to 7,22,401 debentures of Rs 110 each. - Through another letter of offer, two blocks consisting of 8,64,049 debentures each were offered to Mahindra Companies and International Finance Corporation, Washington, respectively with an option to apply for bonds subject to the aggregate value of Rs 9,50,45,390 for each block. The issue was fully subscribed. Additional bonds/debentures were issued to retain the over-subscription to the extent of 15% of the issue which is equivalent to 1,29,607 debentures of Rs 110 each for each block. - The employees (including Indian working directors)/workers of the Company were also offered on an equitable basis 2,40,801 debentures of Rs 110 each with a provision to apply for bonds within the aggregate limit of the issue. The issue was under subscribed. Only 16,750 debentures and 68,250 bonds were allotted. The balance debentures/bonds were allowed to lapse. - As on 1st April, 49,90,354 debentures and 26,20,371 bonds were allotted. - As on 1st May, the Company allotted on private placement basis 14% redeemable non-convertible debentures for a total value of Rs 20 crores to UTI, LIC, ICICI, Army Group Insurance Fund and GIC and its subsidiaries. These debentures are redeemable in full at a premium of 5% on 1st May 1997. 1991 - New replacement kits for the series of diesel engines, the XDP 4.90 were successfully launched in order to replace petrol engines in passenger cars and create new demands for the series of diesel engines manufactured by the Company. - During the second half of the year, the Company introduced the new range of `Commander' vehicles which were well received in the market. A new model on the anvil was a five door ten seater vehicle "Armada" with a factory built body for which dies were imported from Japan. - To meet the changing needs of the market, the Company introduced a new model 225 DI (25HP) tractor. - Another 8,64,049 zero interest fully convertible bonds of Rs 90 each for a total value of 9,50,45,390 were allotted to Peugeot India Holding, France, a subsidiary of Automobiles Peugeot, France as on 18th January. - As per the terms of the issue, a portion of Rs 55 of each debenture was converted into one equity share of Rs 10 at a premium of Rs 45 per share and a portion of Rs 45 each bond was converted into one equity share of Rs 10 at a premium of Rs 35 per share an on 1st April. - Accordingly, the Company allotted 49,90,354 equity shares on conversion of debentures and 34,84,420 equity shares on conversion of bonds. The balance amount of each bond and debenture was to be converted as per the same terms given above at the end of 18 months from the date of allotment. - In order to meet the long term working capital requirements, the Company issued in January 1991, 14% redeemable non-convertible debentures aggregating Rs 25 crores to Infrastructure Leasing and Financial Services, Ltd. on a private placement basis. The debenture are redeemable in full at premium of 5% on 8th January, 1998. 1992 - It was proposed to launch a new LCV with a much larger platform, imported driving comfort and better styling . - The Company issued 72,42,719 - 14.5% secured Non-convertible redeemable debentures of Rs 100 each with a detachable warrant attached to each debenture entitling the holder thereof to apply for 1 equity share of Rs 10 each at a premium of Rs 20 per share in the ratio 1 debenture: 5 equity shares held, on the expiry of six months and 36 months from the date of allotment of debentures. - Another 3,62,136 non-convertible debentures with detachable warrants were also offered to employees on an equitable basis. Only 2,20,300 debentures taken up. - 76,04,855 oridinary shares of Rs 10 each at a premium of Rs 20 per share were to be issued to those exercising the rights attached to the warrants between 6 months and 36 months from the date of allotment of debentures. The debentures were to be redeemed not earlier than the end of 7th year but not later than the end of the 10th year from the date of allotment of debentures. 1993 - The Automotive division undertook to introduce a wide range of products such as mini bus, MM Deluxe, Armada deluxe, Cabking pick-up, CL-Classic & a single/double Cab pick-up etc. - Mahindra Nissan Allwyn Ltd. (MNL) was amalgamated with Mahindra & Mahindra Ltd. (MML) with effect from 1st November. Pursuant to the scheme of amalgamation, the shareholders of MNAL were allotted 9,73,200 equity shares of MML in the ratio of 1 equity share of MML for every 25 shares held in MNAL. With the merger modern automotive plant owned MNAL became a Unit of the Company's automotive division. - The Company issued 100,47,043 Global depository receipts valued at US $ 74.75 million. Each GDR was issued at a market price of US $7.44 and was supported by equal number of underlying shares. Accordingly 1,00,47,043 shares were allotted at a premium of Rs 22.50 per share. 1994 - During the year a new Company Mahindra USA Inc. had been established in Texas, U.S.A. with the objective of increasing tractor sales in U.S. - 9,73,200 shares allotted to the erstwhile sharehodlers of MNAL 11,14,682 shares allotted against the detachable warrants. 35,85,874 shares allotted to Ford Motor Company USA, at a premium of Rs 370 per shares. 28,00,000 shares allotted to the promoter group. 1995 - A New LCV model-cabking DI 3150 - with a payload of 2.5 tonnes, a 5-speed transmission and high quality components was launched. Also, a sporty 4-wheel drive vehicle Mahindra Classic with modern fitments such as Vacuum assisted brakes, disc brakes in front, wire wheels & bull bar was launched for the domestic market. In addition, a new commander 5-Door Hard Top vehicle, primarily targeted for semi-urban and rural transportation was introduced. - Two new models - 365 DI and 585 - DI were also launched in 30-35 HP and 45-50 HP segments respectively. - The Company entered into a joint venture agreement with Ford Motor Company USA (Ford) for promotion of a new Company for the manufacture and marketing of Ford range of passenger and other vehicles. The Company has an equity participation of Rs 160 crores each by Ford and the Company. - 22,71,322 No. of Equity shares allotted in conversion of warrants. 407,17,489 bonus equity shares issued in proportion 2:3. - The tractor division received the ISO 9001 certification from TUV of Germany. 1996 - The Company proposed to introduce the `Armada Grand' with XD3 diesel engine, 5 speed BA 10 transmission with air-conditioning and power steering as standard features. New models like, soft top and FRP versions of CL/MM 550 models, comfortable 8 seater Armada with Disc Brakes and an optional factory fitted air conditioner, Commander 650 DI on a longer wheel base and MM 540/550 XDB models with the powerful 2.5 lines XD3 engine and the all-synchromesh 5 speed BA 10 transmission were launched during the year. - During July, the Company offered US $100,00,000-5% convertible note during July 9, 2001 came into GDRs each representing one share at a cover sum price of US $11.955 per GDR. Till date 15,73,830 shares issued. 1997 - The Zaheerabad plant and R&D division were awarded Iso 9002 and ISO 9001 certification respectively. With the technology received from Fuji Technica, Japan the company undertook to manufacture dies for vehicle bodies in the new Die Shop. During the year, 7 new models to cater to different nice markets were introduced. - New products viz. 275 DI TU upgrades B-275 model with increased power and 585-C, 585 DI model with constant mesh transmission for ease operation were introduced. - M&M is setting up an engineering and product development centre at Thane to strengthen its technology and designing capacities. - M&M is setting up a joint venture with Mondragon Corporation of Spain in the area of iron foundry. The joint venture agreement was signed in Spain by M-M at an Indo-Spain joint business council meeting organised by the Federation of Indian Chambers of Commerce and Industry and the Association of Chambers of Commerce and Industry of India. - M&M is entering into a 50:50 joint venture with the $8 billion Case of the US for manufacturing high horse power tractors. - The M&M-Sealand joint venture is considering introducing a Ro-Ro (Roll-on, Roll-off) railway service in India. - The Mahindra group has tied up with Sega Enterprises Ltd and Mitsubishi Corporation of Japan to form a joint venture (JV) in India to develop and launch Sega branded family entertainment centres. - M&M has signed an agreement with Chemoleums Ltd under which M&M will use a special quality of Chemoleums lubricating oil, Mahindra Singlestar, for its tractors. - M&M has signed a wage agreement with its union at its automotive plant at Kandivali, evolving a Mahindra Production System (MPS) which is an amalgamation of latest work measurement techniques and Toyota Production Systems. 1998 - A joint venture company is being promoted by Mahindra and Mahindra Limited, Infrastructure Leasing and Financial Services and Tamil Nadu Industrial Development Corporation to set up an industrial park near Chennai to attract auto ancillary units and all categories of non-polluting industries. - Utility vehicle manufacturer, Mahindra and Mahindra (M&M) on May 27 signed a productivity and capacity linked wage agreement with its union (Bharatiya Kamghar Sena) at its tractor plant at Kandivali. - M&M has signed new productivity agreements with its workers at the Kandivli (Mumbai), Nashik and Zaheerabad (Andhra Pradesh) plants. - Mahindra Ford is likely to sign a MoU with the government to import auto kits. - Mercedes-Benz India Ltd and Mahindra Ford India Ltd have signed a MoU with the Directorate-General of Foreign Trade (DGFT), under the new MoU policy for car manufacturing in the country. - Danish company Maersk, Mahindra & Mahindra and the Tamil Nadu Industrial Development Corporation (Tidco) propose to establish a joint venture to develop Colachel on western coast of south Tamil Nadu into a hub port. - Mahindra & Mahindra (M&M) is all set to float a 50:50 joint venture company with the Punjab state government for setting up a hi-tech agro-commodity exchange in the state. 1999 - M&M has set up a new company - Mahindra Auto Specialities Ltd - for bullet-proofing passenger vehicles and providing specialised services. M&M has signed an MoU with Plasan Sasa of Israel for design and development of armoured (bullet proof) solutions on M&M utility vehicles for use by Indian security forces. - The Mahindra & Mahindra group and the TVS group have floated a joint venture to provide software solutions to the automobile sector. - Mahindra and Mahindra (M&M) is working towards introducing a slew of models in India from the Mitsubishi stables, including its famed Pajero brand of multi-utility vehicles (MUVs) and jeeps. - Mahindra & Mahindra Ltd (M&M) has created a tier-IT structure under Mahindra Holdings & Financial Ltd whereby individual subsidiaries will tap the capital market depending upon their need for cash. - Utility vehicle major, Mahindra and Mahindra (M&M), is entering the Rs 1,000-crore three-wheeler market for the first time. The company will launch its first three-wheeler a diesel-driven eight seater within 8-10 months from now. 2000 - The Company will be launching its first CNG-powered utility vehicle in Delhi. - The Company consequent to disciplinary action taken by the Management against certain workmen and Union representative, the workmen of Kandivli Plant of Tractor Division of the company initially stopped work and thereafter resorted to illegal strike on 11th January. - The Company proposes to make a call for redeeming Bonds of value US $25.378 million out of current outstanding of US $27.866 million. - The Company tie-up with Citibank for a channel financing agreement for their dealers. - Mahindra & Mahindra launched its eight seater Marshal DI Deluxe 2000 in Western Maharashtra. - Mahindra Auto Specialisites Ltd, a wholly-owned subsidiary of the company delivery of the first "Neticle" (net-vehicle) - brand named Quadro - in India. - The Company has launched its new generation tractors Arjun 605 DI at the Kandivali plant. - The Company and French car maker Renault have signed an agreement to explore the possibility of using Renault petrol engines for M&M's planned Scorpio utility vehicle. - The Company has launched a fresh voluntary scheme for employees in its tractor division. The Scheme will open on June 8 and will continue till July 31. - The Company is set to launch its 2.5-litre multi-utility vehicle, Bolero. - The Company launched the 39 HP and 40 HP models of its `Bhoomi Putra' range of tractors. - The Company has entered into a technical alliance with Austrian engine manufacturer AVL list GmbH for production of light commercial vehicles of 3.5 tonne capacity. - M&M will launch the LCV under the `Loadking' name in January next year. - M&M has launched its first 60 HP class tractor Arjun 605 DI here, will from now roll out a new mode very six months. - The Company the utility vehicle market leader, launch of its latest UV, the Bolero GLX. - The Company will launch Scorpio, its urban utility vehicle, by the end of the year. - The Company has launched the first of its new series of "Horizin Tractors", the Mahindra "Arjun 605 DI" in Andhra Pradesh. - The Company launched diesel version of Bolero in a short time. - Mahindra & Mahindra is to go for a expansion, keeping pace with its plans for the introduction of new models, including the Scorpio. - Mahindra & Mahindra is likely to introduce agricultural related implement and equipment in the near fugure. - Mahindra and Mahindra Limited (M&M) launched yet another range of new generation tractors to grab a large share of an emerging mature market. - The Company has launched its fourth portal business with an investment of $1 million. - Mahindra Intertrade, subsidiary of Mahindra & Mahindra, has launched a steel trading portal, steelmartindia.com. - Fitch Ratings India has assigned `Ind AAA' rating to the proposed five-year Rs 100-crore non-convertible debenture programme of the company. - The Board has approved an ESOS and decided to allot 55,24,219 No. of equity shares to the Mahindra & Mahindra Employee Stock Option Trust. 2001 - The Company has set up a farm extension services division called Mahindra Shubh Labh, which will pioneer the building of a chain of one-stop shops offering a comprehensive range of farm-gate services. - Mahindra Intertrade, the largest non-automotive company of the Mahindra & Mahindra group, has entered into a distribution alliance with Lego. - Mr. Anand G. Mahindra has been appointed as Vice-Chairman and Managing Director. - Mahindra & Mahindra is set to launch three new variants of its utility vehicle Bolero to boost its presence in the urban segment. - The strike at the company's Nashik automotive plant which began on March 4, has been called off with effect from 8th March. - Credit Rating and Information Services of India Ltd. has revised the rating assigned to the company's long-term debentures to `AA ' to `AAA'. - Mahindra & Mahindra has tied up with French auto giant Renault for sourcing petrol engines for its premium utility vehicle Scorpio which would be launched later this year. -The price of Mahindra & Mahindra Ltd (M&M) shares hit a 92-month low on the Bombay Stock Exchange (BSE) on june 14 fuelled by market apprehensions of a steep fall in the company's sales in May 2001 - Mahindra & Mahindra launched the premium version of its 7 seater multi-utility vehicle, Bolero GLX. 2002 -Mahindra & Mahindra Ltd has informed BSE that ICICI Bank Ltd has withdrawn the nomination of Mr Inder Chand Jain as their Nominee Director from the Board of M& M with immediate effect.Consequently Mr Inder Chand Jain ceases to be a Director of Mahindra & Mahindra Ltd with immediate effect. -Mahindra & Mahindra Ltd has informed BSE that Mr. David Friedman (currently the Alternate Director to Mr.Lewis W. K. Booth) has been appointed as a Director of the Company w.e.f. October 30, 2002 in the vacancy caused by the cessation of Directorship of Mr. Lewis W.K. Booth. Mr. V.K. Chanana has been appointed as a Nominee Director of UTI w.e.f. October 30, 2002 in place of Mr. Sanjiv Kapoor whose nomination has since been withdrawn by UTI. 2003 -Unleashes MaXX Pik Up utility vehicle - Signed an agreement with Canara Bank . Where in, Canara Bank will provide loan to those farmers who are willing to buy Mahindra's tractors and other farm implements. - Mahindra and Mahindra Ltd on December 24th showcased its new products, Bolero XL and Bolero XLS, for prospective customers in Karnataka. 2004 -Mahindra & Mahindra delisting of shares from DSE -M&M launches two variants of Bolero utility vehicle in TN -The former managing director of Rallis India, Mr Rajeev Dubey, is joining Mahindra & Mahindra Ltd (M&M) as Executive Vice-President (Human Resources & Corporate Services). Mr Dubey has previously held senior positions at Tata Steel and was the managing director of Tata Metaliks. -Auto giant Mahindra and Mahindra has launched its latest variants of Bolero XL range here on January 19, 2004, thus heralding its launch across the State. -M&M enters into agreement for acquiring majority stake in US based Bristlecone Inc -Mahindra & Mahindra Ltd has informed that the equity shares of the Company have been delisted from Pune Stock Exchange Ltd w.e.f. January 16, 2004. -M&M unveils innovation matrix to enhance performance -Mahindra Special becomes M&M's new IT unit -Equity shares delisted from Madras Stock Exchange - tied up with an Iran-based company Barchinkar for localising M&M tractors in the Iran market - Mahindra Tractors in accord with Castrol -M&M rolls out India's first turbo tractor -Mahindra & Mahindra Ltd has informed that HSBC Global Investment Fund has acquired 3,99,825 equity shares of the company through market on May 17 -- Andhra Bank has announced that it has joined hands with Mahindra Tractors for financing the distribution of tractors through the bank branches across the country -Mahindra & Mahindra (M&M) has forayed into the Latin American markets through the opening of an assembly line in Uruguay -Mahindra & Mahindra Ltd (M&M) on announced its foray into the South African automobile market -Hemant Luthra to head M&M's new MSAT Sector -Dena Bank inks MoU with M&M for tractor loans 2005 - Mahindra & Mahindra tractors' top dealer in the US has become the largest tractor dealer in the US, muscling past dealers of John Deer, New Holland and Kubota. -M&M forays into Australian tractor market on February 14, 2005. -Mahindra & Mahindra Ltd (M&M) launches its Common Rail Diesel Engine (CRDEe) fitted-Scorpio, which conforms to BS III emission norms on February 22, 2005, -Mahindra & Mahindra executes JV Agreement with Renault -Scorpio unveiled in Malaysia on May 4, 2005 -M&M, Renault ink MoU to set up Rs 550 crore car manufacturing plant in Nasik -M&M introduces new pick-up vehicle on July 6, 2005 -Mahindra unveils 3-wheeler cargo carrier Champion Alfa model -Mahindra & Mahindra inks a JV with International Truck & Engine Corporation, USA -Mahindra & Mahindra enters into agreement with Plexion Technologies, Mauritius -M&M has signed a memorandum of understanding with the Saigal family of Pakistan for exporting tractors to that country.. -Mahindra & Mahindra has given the Bonus in the Ratio of 1:1 2006 -M&M unleashes Scorpio Pik-Up in South Africa -M&M unveils three-wheeler car -M&M Hingna unit enters into new new wage agreement - Mahindra & Mahindra Ltd on Oct 11,2006 signed a agreement with ITMCo (Iran Tractor Manufacturing Co) to sell tractors in Iran. The agreement was signed in Tehran. -Mahindra & Mahindra (M&M) and French automaker Renault have joined hands yet again to establish a greenfield passenger car manufacturing plant in India within five years. - Mahindra & Mahindra inks deal with Global Vehicles USA Inc 2007 - Mahindra & Mahindra acquires a leading German Forging Company Schoneweiss & Co. GmbH. - Mahindra unveils new Bolero in Gujarat. -Mahindra and Mahindra (M&M) has launched the line of sports utility vehicles (SUV) and pick up trucks that it plans to begin selling in the United States starting from 2009. - M&M unveils Mahindra Pik-Up in Australia. -The latest product from Mahindra Defence Systems, the Axe FAV is an extreme offroading multi terrain defence purpose vehicle. 2008 -Mahindra & Mahindra acquires renowned Italian design house, GRD Italy. 2009 - Mahindra & Mahindra unveiled its fourth generation Scorpio at an unbeatable price. - Mahindra & Mahindra (M&M) signed a memorandum of understanding with the State Bank of Bikaner and Jaipur (SBBJ) for vehicle finance. - Mahindra launches luxury sedan XYLO - M&M enters retail space with Mom & Me - Mahindra sold 1,788 XYLOs in two weeks - M&M signs pact with State Bank of Bikaner - Mahindra gets order for 15,000 Xylo in three months 2010 - Mahindra & Mahindra has hiked prices of its products by up to Rs 18,000 due to the in excise duty announced in the Budget. - Anand Mahindra, vice-chairman and managing director, M&M, is keen on attaining companies that boost M&M's global aspirations. This can be done by giving a combination of facilities, technology and dealer network. Meanwhile, M&M came out as the ideal bidder for getting hold of a majority stake in Ssangyong Motor Company (SMC). - Mahindra & Mahindra announced its entry into the heavy commercial vehicle segment in partnership with Navistar Inc of the U.S. - M&M launched new mini-truck Maxximo - Mahindra & Mahindra and Mitsubishi Agricultural Machinery tie-up to deliver FarmTech prosperity - Mahindra & Mahindra (M&M) announced that Mahindra Tractors has sold one-lakh tractors in 2010. - Mahindra & Mahindra Finance Services Limited (MMFSL) launched its new loan against gold product in Kerala, which has been specifically designed in order to provide liquidity against gold ornaments without selling them. - Mahindra FirstChoice, TVS group in tie up -Company has splits its Face value of Shares from Rs 10 to Rs 5 2011 - Mahindra & Mahindra - Mahindra launched `Genio' - India's Next Generation Pick Up - Mahindra & Mahindra - Mahindra announces entry into Micro Irrigation Business - Mahindra Satyam signs ERP contract with Omran - Mahindra Group signs strategic alliance with Cisco Systems - Mahindra & Mahindra - India Mahindra & Mahindra Ltd. completes acquisition of a majority stake in SsangYong Motor Company - Dr. Pawan Goenka appointed Chairman of SsangYong Motor Company. - Mahindra & Mahindra - Mahindra launches 'Verito' the Logan with Mahindra badge - Mahindra & Mahindra - Mahindra launches the `New Bolero SUV' - Mahindra & Mahindra - Mahindra launches a New SUV - XUV500 2012 - Mahindra and Mahindra had acquired Ssangyong Motor Company, a South Korean SUV maker, almost a year ago and are now planning to set up a assembly plant and invest Rs 800 crore over next 3-4 years - Mahindra and Mahindra wins arbitration award and class action suit against global vehicles - Mahindra & Mahindra has entered the Kenyan passenger vehicles market with the launch of their utility vehicles, XUV500 and Scorpio. Other vehicles include pick-up range, Genio and Maxximo mini-truck - Mahindra & Mahindra Ltd said that the company has signed an agreement with Telephonics Corporation to form a joint venture, named as Mahindra-Telephonics Integrated Systems Limited. - Mahindra Ugine inked joint venture with Sanyo Special Steel & Mitsui & Co. Ltd. names new venture as Mahindra Sanyo Special Steel Pvt Ltd. 2013 - Auto major Mahindra and Mahindra has inked partnership with online shopping portal, Snapdeal.com to sell its two-wheeles on the site. - Mahindra launches new visual identity reflecting modernity and dynamism - Mahindra & Mahindra Ltd - Mahindra launches the Verito Executive edition -Mahindra launches MPOWER to train young transport entrepreneurs at Indian Institute of Management A -Mahindra unveils the new Maxximo Plus Mini-truck in Bengaluru and Chennai -Mahindra expands dealership network across India -Mahindra launches the new Bolero Maxi Truck Plus - The Perfectly Styled City Pick-up in Ahmedabad -Mahindra Two Wheelers wins 3 Awards at the CMO Asia - Manufacturing Excellence Awards 2013 -Mahindra 2 Wheelers opens new dealership in Zirakpur, Punjab 2014 -Mahindra introduces 'Yoga Seats' in Quanto Compact SUV -Mahindra signs MoU with Government of Bhutan to promote usage of Electric Vehicles in the country -Mahindra Defence Naval Systems Inaugurates new Chakan plant -Mahindra Integrated Business Solutions signs MoU with CARE Advisory -Mahindra Logistics acquires majority stake in LORDS Freight (India) Pvt. Ltd. -Mahindra to launch new global scooter called GUSTO 2015 -Mahindra & Mahindra Ltd - Mahindra Two Wheelers and Peugeot Motocycles complete strategic partnership -Mahindra inaugurates its extended automotive manufacturing facility at Zaheerabad in Telangana -Mahindra & Mahindra & Mitsubishi Heavy Industries enter into Strategic Partnership in Agricultural Machinery -Mahindra launches all new mini-truck 'Jeeto' small commercial vehicle landscape in India -Mahindra & Mahindra has set up an Africa-focused business unit to maintain double-digit growth levels in the continent -Mahi. & Mahi - Launch of the New Thar CRDe -Mahindra & Mahindra Limited is signing an MOU with the Government of Tamil Nadu -Mahindra launches its tough & stylish true blue SUV - TUV 300 -Mahindra & Mahindra -Mitsubishi Agricultural Machinery and Mahindra announce Start of their Strategic partnership -Mahindra Introduces the All New Automatic Transmission of The New Age XUV500 -Mahi. & Mahi - Acquisition of Pininfarina S.p.A ("Pininfarina"), an automotive design and engineering services company -Mahindra & Mahindra Ltd - Pininfarina becomes the latest jewel in Tech Mahindra crown. 2016 -Mahi. & Mahi. inaugurates its Bio-CNG plant in Mahindra World City (MWC), Chennai -Mahi. & Mahi. lunches its Premium Pick up 'Imperio' -M&M launches KUV100; priced at Rs 4.42 lakh -Mahi. & Mahi - Mahindra launches its new mHawk diesel engine variant -Mahindra Powerol launches 125kVA diesel generators -Mahi. & Mahi - Mahindra Enters Global Combine Harvester Business -Mahi. & Mahi - Mahindra Launches New Range of 5 Agri Specialist Tractors - Mahindra YUVO with Advanced Technology in the 30-4 -M&M launches electric car in other European markets -Mahi. & Mahi - Mahindra launches the New Bolero with mHAWK D70 engine at an aggressive price of Rs. 6.59 lakhs -Mahi. & Mahi - Mahindra launches eSupro - India's 1st All Electric Cargo and Passenger Van -M&M opens spare parts warehouse in Jaipur 2017 - Mahi. & Mahi Introduces DiGiSENSE in Arjun Novo. - M&M launches new product variants. - Mahindra KUV100 crosses 50K cumulative sales milestone. - M&M launches first ever driverless tractor. - M&M partners collaborate with Uber, to explore the deployment of electric vehicles (EVs) on the Uber platform in several cities across India. -M&M has issued Bonus Shares in the Ratio of 1:1. 2018 -Mahindra Electric launches Virtual Reality drive experience for all-electric e2oPlus. - Mahindra Aero flying high! Adds Botswana's Major Blue Air as first customer for 10-seater turboprop aircrafts. - M&M launches new off-road vehicle: ROXOR. - M&M launches new tractor platform. - M&M & Bolero touches new milestone, sells 10 lakh units. - Mahindra reports best ever tractor sales in 2017-18. - Mahindra & Mahindra joins Rs 1-trillion m-cap club. - M&M launches XUV 500 variant as competition rises. - M&M launches TUV300 Plus at Rs 9.59 lakh. 2019 - Mahindra launches HerDrive campaign. - Mahindra launches eight-seater Marazzo variant. - Mahindra launches e-mobility service in Mumbai. 2020 - Mahindra XUV300 gets 5-star adult safety rating in Global NCAP test. - Mahindra launches locally assembled Scorpio pick-up vehicle in Kenya. - Mahindra drives in Marazzo with BS-VI powertrain at Rs 11.25 lakh. - Mahindra launches new potato planting machinery in select states. - Mahindra Electric launches new cargo 3-wheeler Treo Zor. 2021 - Tech Mahindra ranked amongst the `2021 Global 100 Most Sustainable Corporations in the World'. - Mahindra Lifespace Developers ties up with SBI for faster home loan approvals. 2022 -Mahindra enters the e-cart segment with the launch of Electric 3-wheeler e Alfa Cargo. -Mahindra & Mahindra and Hero Electric Vehicle Private Limited ('Hero Electric') announced a Strategic Partnership in Electric Mobility. -Mahindra & Mahindra's overall auto sales jumped 89% year on year in the month of February 2022 to 54,455 vehicles as compared to February 2021. 2023 -Mahindra & Mahindra Limited has informed the Exchange about Acquisition of stake of Emergent Solren Private Limited. -Mahindra & Mahindra Ltd.got approval of Merger by Absorption of Mahindra Heavy Engines Limited and Mahindra Two WheelersLimited and Trringo.com Limited. -Mahindra & Mahindra Ltd. launches a new Compact Light Weight Tractor Range 'Swaraj Target'. -Mahindra & Mahindra announced that in a bid to scale up electric three-wheelers and small commercial vehicles (SCVs) that are more affordable. 2024 -The Company has informed the Exchange about Scheme of Merger by Absorption of Mahindra Heavy Engines Limited and Mahindra Two Wheelers Limited and Trringo.com Limited with Mahindra and Mahindra Limited. -The Company signed a MOU with the Ministry of Skill Development and Entrepreneurship (MSDE) to conduct two Pilots under the Drone Didi Yojna. -Mahindra and MSDE conduct two pilots at National Skill Training Institutes (NSTI) at Hyderabad and Noida to skill 500 women in exclusive batches of 20 women only. -The Company has informed about Update on the Scheme of Merger by Absorption of Mahindra Heavy Engines Limited and Mahindra Two Wheelers Limited and Trringo.com Limited with Mahindra and Mahindra Limited and their respective Shareholders.

Parent Organisation

Mahindra & Mahindra Ltd.

Founded

02/10/1945

Managing Director

Dr.Anish Shah

NSE Symbol

M&MEQ

FAQ

The current price of Mahindra and Mahindra Ltd is ₹ 2925.20. ₹ 2928.80.

The 52-week high for Mahindra and Mahindra Ltd is ₹ 2948.90 and the 52-week low is ₹ 2887.00.

The market capitalization of Mahindra and Mahindra Ltd is currently ₹ 364204.72. ₹ 364204.72. This value can fluctuate based on stock price movements and changes in the number of shares outstanding.

To buy Mahindra and Mahindra Ltd shares, you need to have a brokerage account. First, choose a reputable brokerage firm, open an account, and complete the necessary KYC procedures.

To invest in Mahindra and Mahindra Ltd, you need a brokerage account. After opening an account and completing the KYC process, you can fund your account and use the trading platform to purchase Mahindra and Mahindra Ltd shares.

The CEO of Mahindra and Mahindra Ltd is Dr.Anish Shah, who has been leading the company with a vision to expand its renewable energy portfolio and drive sustainable growth.

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News

Mahi. & Mahi - Analysts/Institutional Investor Meet/Con. Call Updates

Mahi. & Mahi - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

Mahi. & Mahi - Board Meeting Intimation

Mahi. & Mahi - Analysts/Institutional Investor Meet/Con. Call Updates

Mahi. & Mahi - Investor Presentation

Mahi. & Mahi - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

Mahi. & Mahi - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

Mahi. & Mahi - Acquisition-XBRL

Mahi. & Mahi - Analysts/Institutional Investor Meet/Con. Call Updates

Mahi. & Mahi - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

Mahi. & Mahi - Acquisition

Mahi. & Mahi - Announcement under Regulation 30 (LODR)-Acquisition

Mahi. & Mahi - Outcome of Board Meeting

Mahi. & Mahi - Outcome Of The Meeting Of The Board Of Directors Of Mahindra & Mahindra Limited - Intimation Under Regulation

Mahi. & Mahi - Updates

Mahi. & Mahi - Transfer Of Equity Shares By Mahindra & Mahindra Employees' Stock Option Trust To The Stock Option Grantees

Mahi. & Mahi - Transfer Of Equity Shares By Mahindra & Mahindra Employees' Stock Option Trust To The Stock Option Grantees

Mahi. & Mahi - Transfer Of Equity Shares By Mahindra & Mahindra Employees' Stock Option Trust To The Stock Option Grantees

Mahi. & Mahi - Transfer Of Equity Shares By Mahindra & Mahindra Employees' Stock Option Trust To The Stock Option Grantees

Mahi. & Mahi - General Updates

Mahi. & Mahi - Intimation Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015

Mahi. & Mahi - Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

Mahi. & Mahi - Change in Management

Mahi. & Mahi - Announcement under Regulation 30 (LODR)-Change in Management

Mahi. & Mahi has submitted to BSE the Shareholding Pattern for the Period Ended March 31, 2025

Mahi. & Mahi - Certificate under SEBI (Depositories and Participants) Regulations, 2018

Mahi. & Mahi - Update-Acquisition/Scheme/Sale/Disposal-XBRL

Mahi. & Mahi - General Updates

Mahi. & Mahi - Incorporation

Mahi. & Mahi - Report For The Month Of March, 2025

Mahi. & Mahi - Announcement under Regulation 30 (LODR)-Updates on Acquisition

Mahi. & Mahi - Monthly Business Updates

M&M reports 34% growth in tractor sales for March

Mahi. & Mahi - Announcement under Regulation 30 (LODR)-Press Release / Media Release

Mahi. & Mahi - Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

Mahi. & Mahi - Announcement under Regulation 30 (LODR)-Change in Management

Mahi. & Mahi - Retirement

Mahi. & Mahi - Appointment

Mahi. & Mahi - Appointment of Company Secretary and Compliance Officer

Mahi. & Mahi - Announcement under Regulation 30 (LODR)-Retirement

Mahi. & Mahi - Outcome of Board Meeting

Mahi. & Mahi - Investor Presentation

Mahi. & Mahi - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

Mahi. & Mahi - Transfer Of Equity Shares By Mahindra & Mahindra Employees' Stock Option Trust To The Stock Option Grantees\r\

Mahi. & Mahi - Updates

Mahi. & Mahi - Rumour verification - Regulation 30(11)

Mahi. & Mahi - Rumour Verification - Regulation 30(11)

Mahi. & Mahi - Analysts/Institutional Investor Meet/Con. Call Updates

Mahi. & Mahi - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

Mahi. & Mahi - Acquisition-XBRL

Mahi. & Mahi - Acquisition

Mahi. & Mahi - Announcement under Regulation 30 (LODR)-Acquisition

Mahi. & Mahi - Amalgamation OR Merger-XBRL

Mahi. & Mahi - Amalgamation/Merger

Mahi. & Mahi - Cessation Of Fifth Gear Ventures Limited As A Subsidiary Of The Company Pursuant To Merger

Mahi. & Mahi - Updates

Mahi. & Mahi - Transfer Of Equity Shares By Mahindra & Mahindra Employees' Stock Option Trust To The Stock Option Grantees\r\

Mahi. & Mahi - Disclosure For Gift Of 67,881 Equity Shares Of The Company

Mahi. & Mahi - Updates

Mahi. & Mahi - General Updates

Mahi. & Mahi - Report For The Month Of February, 2025

Mahi. & Mahi - Sale or disposal-XBRL

Mahi. & Mahi - Sale or disposal

Mahi. & Mahi - Intimation By Mahindra Logistics Limited, A Listed Subsidiary Of The Company, Under Regulation 30 Of SEBI (Lis