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Mahindra Group is an Indian multinational conglomerate, headquartered in Mumbai.The group has operations in over 100 countries, with a presence in aerospace, agribusiness, aftermarket automotive components, construction equipment, defence, energy, farm equipment, finance and insurance, industrial equipment, information technology, leisure and hospitality, logistics, real estate, retail and ...
In 2019, Mahindra & Mahindra acquired a 55% stake in Meru Cabs. [4] With this merger, Meru expanded its product offerings and added electric vehicles in its fleet. In May 2021, Mahindra & Mahindra raised its stake to 100%. [5] In December 2021, Mahindra Logistics acquired 100% stake in Meru Cabs from Mahindra & Mahindra. [6]
Mahindra & Mahindra has a controlling stake in Mahindra REVA Electric Vehicles. [citation needed] Mahindra launched its relatively heavily publicized SUV, XUV500, code-named as W201 in September 2011. The new SUV by Mahindra was designed in-house and it was developed on the first global SUV platform that could be used for developing more SUVs.
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Today, we'll introduce the concept of the P/E ratio for those who are learning about investing. We'll look at Mahindra...