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Mahindra CIE Automotive Ltd reports Q2CY21 consolidated PAT of Rs 136 19 crore

Mahindra CIE Automotive Ltd reports Q2CY21 consolidated PAT of Rs 136 19 crore
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Mahindra CIE Automotive share price: Buy Mahindra CIE Automotive, target price Rs 270: Yes Securities

Yes Securities has buy call on Mahindra CIE Automotive with a target price of Rs 270. The current market price of Mahindra CIE Automotive is Rs 250.45. Time period given by analyst is Intra Day when Mahindra CIE Automotive Ltd. price can reach defined target. Mahindra CIE Automotive Ltd., incorporated in the year 1999, is a Mid Cap company (having a market cap of Rs 9494.74 Crore) operating in Auto Ancillaries sector. Financials For the quarter ended 31-03-2021, the company reported a Consolidated Total Income of Rs 2208.76 Crore, up 12.40 % from last quarter Total Income of Rs 1965.08 Crore and up 32.45 % from last year same quarter Total Income of Rs 1667.59 Crore. Company reported net profit after tax of Rs 10.09 Crore in latest quarter.

REE Automotive Announces Strategic Collaboration with JB Poindexter & Co Business Unit, EAVX, to Develop Commercial Electric Vehicles

Press release content from Business Wire. The AP news staff was not involved in its creation. REE Automotive Announces Strategic Collaboration with JB Poindexter & Co Business Unit, EAVX, to Develop Commercial Electric Vehicles July 13, 2021 GMT REE Automotive announces strategic collaboration with JB Poindexter & Co Business Unit, EAVX, to develop commercial electric vehicles. Full-scale production of commercial electric vehicles will integrate REEcorner technology and JB Poindexter commercial vehicle bodies produced in the U.S. (Photo: Business Wire) REE Automotive announces strategic collaboration with JB Poindexter & Co Business Unit, EAVX, to develop commercial electric vehicles. Full-scale production of commercial electric vehicles will integrate REEcorner technology and JB Poindexter commercial vehicle bodies produced in the U.S. (Photo: Business Wire)

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