India’s tractor industry posted a healthy 9.2% YoY growth in Q1FY26, delivering 2.86 lakh units, driven by robust demand in the high-horsepower (HP) categories and pre-season stocking ahead of the Kharif sowing period. Favourable Rabi harvest earnings and steady demand from key agricultural states underpinned the strong start to the fiscal year. The 41–50HP segment … Read more
The Indian market witnessed marginal decline in profit-booking on Monday amid mixed cues. The S&P BSE Sensex fell over 200 points while the Nifty50 was down more than 30 points to close at 23,259. Sectorally, selling was seen in metal, oil & gas and IT stocks while buying was seen in realty, utilities, telecom and … Read more
Benchmark indices resumed their losing streak after the US Fed left room for more interest rate hikes in the future. The Sensex fell 440 points to settle at 66,266, while the broader Nifty declined 118 points to end at 19,659. Stocks that were in focus include names like Cipla, which rose 9.78%, RVNL, which fell … Read more
Global brokerage firm Goldman Sachs maintained a buy rating on M&M, while Credit Suisse retained Underperform on . At the same time, Jefferies maintained hold on SRF and JPMorgan neutral on . We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Goldman Sachs on M&M: Buy| Target Rs … Read more
Mahindra & Mahindra, a passenger car and utility vehicle maker, rose more than 30 per cent in the last 3 months compared to 0.5 per cent upside seen in the Nifty50 in the same period, and the rally may not be over yet. The automaker has been on buyers’ radar so far in 2022 pushing … Read more
Indian market closed in the green for the third consecutive day on Monday. The S&P BSE Sensex rose more than 1,000 points while the Nifty50 gained a little over 300 points. Sectorally, buying was seen in consumer durables, realty, IT, capital goods, and energy stocks. The S&P BSE Mid-cap, and Small-cap indices rose over 2 … Read more
MUMBAI: This time last year, investors were still warming up to Mahindra & Mahindra’s promises of revolutionizing its capital allocation structure and a strong rebound in its tractor business post the national lockdown. One year on, Mahindra & Mahindra seems to have left its capital allocation troubles behind and is focused on producing growth for … Read more