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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
Strong SUV sales and upcoming EVs may be scoring all the headlines for the automaker, but investors need to watch its tractor business, which seems to be on the cusp of a breakout.
The Mahindra and Mahindra stock is having its moment in the sun. With a 45% jump over the past year, it has become the most recommended auto stock in India. Well ahead of rivals Maruti Suzuki, which is down 0.9%, and Tata Motors, which plummeted 32%. The popular perception is that Mahindra’s record SUV sales and newly launched electric vehicles are driving the stock’s good run. The real difference maker seems to be something else, though.
It’s the automaker’s tractor business. While Mahindra’s dominance in tractors is well known, what isn’t talked about enough is how much of the company’s …
The UAE’s stock markets are clawing back lost ground after losing more than $120 billion at the peak of the conflict.
The interim deal between Tehran and Washington to end hostilities in the Mideast, another IPO on hold, and other news updates from the week.
The automaker that virtually created India’s electric car market is forced to offer record discounts, even as rivals surge and competition is set to get fiercer.
