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EV Revolution: View: India's EV revolution is driven from the bottom up

India's urban landscape is rapidly evolving, especially in its bustling cities. A decade ago, the iconic auto-rickshaws were predominantly diesel-powered, with electric versions being a rare novelty. Fast forward to today, and Delhi leads the charge in transitioning to battery-powered three-wheelers, capturing 54% of the market. This shift is driven by the cost-effectiveness and efficiency of electric models, prompting even Uber's CEO to explore the trend. The financial allure of electric vehicles extends beyond three-wheelers, with manufacturers now eyeing the two-wheeler market. This shift, if replicated, could significantly impact India's oil demand, especially in the face of rising fuel prices.

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Mahindra & Mahindra stocks: Buy Mahindra & Mahindra, target price Rs 1862: HDFC Securities

Mahindra & Mahindra Ltd., incorporated in the year 1945, is a Large Cap company (having a market cap of Rs 222324.30 Crore) operating in Auto sector.

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Mahindra & Mahindra stocks: Buy Mahindra & Mahindra, target price Rs 2005: Motilal Oswal

Mahindra & Mahindra Ltd. key Products/Revenue Segments include Automobile-Light, Medium & Heavy Commercial, Jeep, Passenger Car, Other Operating Revenue, Sale of services for the year ending 31-Mar-2023.

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M&M stocks: Buy Mahindra & Mahindra, target price Rs 1900: Motilal Oswal

Mahindra & Mahindra Ltd., incorporated in the year 1945, is a Large Cap company (having a market cap of Rs 212264.15 Crore) operating in Auto sector.

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Mahindra & Mahindra stocks: Buy Mahindra & Mahindra, target price Rs 1775: Motilal Oswal

Mahindra & Mahindra Ltd., incorporated in the year 1945, is a Large Cap company (having a market cap of Rs 189793.59 Crore) operating in Auto sector.

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battery: India to seek bids for $960 million battery production program

In a bold move towards fostering the electric vehicle (EV) ecosystem, India is set to roll out an incentive program with an estimated value of 80 billion rupees ($960 million). Sources familiar with the matter have revealed that the program will invite bids from interested parties, signaling a strategic push towards enhancing the domestic production of electric vehicle batteries.

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M&M stocks: Buy Mahindra & Mahindra, target price Rs 1775: Prabhudas Lilladher

Mahindra & Mahindra Ltd. key Products/Revenue Segments include Automobile-Light, Medium & Heavy Commercial, Jeep, Passenger Car, Other Operating Revenue, Sale of services for the year ending 31-Mar-2023.

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M&M stocks: Buy Mahindra & Mahindra, target price Rs 1725: Motilal Oswal

Mahindra & Mahindra Ltd., incorporated in the year 1945, is a Large Cap company (having a market cap of Rs 193188.42 Crore) operating in Auto sector.

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Mahindra & Mahindra stocks: Buy Mahindra & Mahindra, target price Rs 1663: Motilal Oswal Financial Services

Surpassed multiple hurdle of 1,580 zones and retested 50% of its recent swing high.

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Proactive Inspection: Mahindra to inspect over 1 lakh XUV700 models due to potential wiring issues

Mahindra & Mahindra has announced that they will inspect and rectify XUV700 units manufactured between June 8, 2021, and June 28, 2023, along with 3,560 XUV400 vehicles manufactured between February 16 to June 5 of this year. The company stated that they will contact the customers who are using the mentioned models for inspections and subsequent rectifications, which will be carried out free of cost.

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