8 stories found
Investment bank Nomura reaffirms positive outlook on Mahindra & Mahindra, Hyundai Motor India, TMCV, TVS Motor, and Sonacom, citing robust vehicle sales figures for August.
India's Mahindra & Mahindra is considering expanding its operations in South Africa as Chinese rivals gain market share.
Indian stock markets rebounded, tracking a drop in crude oil prices and a rally among global peers, with major gains seen in firms like Mahindra & Mahindra, InterGlobe Aviation, and Maruti.
Shares of Bajaj Auto and Mahindra & Mahindra rose following the release of robust August sales figures, which highlighted a significant year-over-year increase. Export demand was cited as a primary driver behind the manufacturers’ improved performance.
Larsen & Toubro, Axis Bank, Mahindra & Mahindra, Eternal and Bajaj Finance were also among the major laggards.
From the Sensex pack, Larsen & Toubro, Tata Steel, InterGlobe Aviation, UltraTech Cement, Adani Ports and Mahindra & Mahindra were among the biggest laggards
Mahindra & Mahindra has unveiled its new Scorpio Lifestyler and a refreshed BE6 model, leading Nomura to retain its 'Buy' rating for the automaker.
Mehul Kothari of Anand Rathi Shares and Stock Brokers has recommended Bajaj Finance, HDFC Bank, and Mahindra & Mahindra (M&M) as top stocks to buy today, March 18, 2026.