Mahindra Logistics Ltd. News and Updates

Name: Latest research reports of Mahindra Logistics Ltd. authored by Prabhudas Lilladhar and published by - Trendlyne research reports.
Item: Mahindra Logistics Ltd.
Rating: 3
Author: Prabhudas Lilladhar

Keep track of all breaking news on Mahindra Logistics Ltd. from all sources in a single place.

Mahindra Logistics Ltd.

05 Mar 2025

272.55

2.50%

Mahindra Logistics shares gain 5% in trade; here's what boosting the stock

Business Standard

Mahindra Logistics will acquire 3,50,00,000 equity shares of Rs 10 each of MLL Express Services by way of subscription to rights issues

Mahindra Logistics L.. has an average target of 471.00 from 5 brokers.

Mahindra Logistics Ltd.

05 Feb 2025

272.55

2.50%

Rs 1.2 cr monthly rent! Mahindra Logistics inks 5-yr pact for Pune facility

Business Standard

Mahindra Logistics Limited has leased 4.75 lakh sq ft of warehousing and logistics space in Khed near Pune for a rent of around Rs 73 crore over five years, according to the property registration docu

Mahindra Logistics Ltd. has lost -25.19% in the last 3 Months

Mahindra Logistics Ltd.

29 Jan 2025

272.55

2.50%

MAHINDRA LOGISTICS

Hold: Mahindra Logistics Ltd.

Target

Prabhudas Lilladhar

Mahindra Logistics Ltd. is trading above its 30 day SMA of 262.0

Mahindra Logistics Ltd.

28 Jan 2025

272.55

2.50%

to see Rapid results content

Mahindra Logistics Ltd.

28 Jan 2025

272.55

2.50%

In-line operational performance; higher interest and tax outgo dent APAT

Neutral: Mahindra Logistics Ltd.

Target

Motilal Oswal

Mahindra Logistics (MLL)’s revenue grew ~14% YoY to INR15.9b in 3QFY25, in line with our estimate.

Mahindra Logistics Ltd. is trading above its 30 day SMA of 262.0

Mahindra Logistics Ltd.

27 Jan 2025

272.55

2.50%

Mahindra Logistics Q3 results: Loss at Rs 9.03 cr, revenue jumps 14%

Business Standard

Mahindra Logistics has been battling stiff competition in India's $342 billion logistics market, and dealing with losses from the 2022 acquisition of express cargo firm Rivigo and higher spends

Mahindra Logistics Ltd. has lost -45.57% in the last 6 Months

Mahindra Logistics Ltd.

23 Dec 2024

272.55

2.50%

MAHINDRA LOGISTICS LTD.

Buy: Mahindra Logistics Ltd.

Ventura

Rivigo's turnaround & industry tailwinds to boost profits

Mahindra Logistics Ltd. is trading below its 50 day SMA of 291.2

Mahindra Logistics Ltd.

12 Dec 2024, 11:56AM

272.55

2.50%

Noida Airport partners Mahindra Logistics Mobility for e-taxi service

Business Standard

The upcoming Noida International Airport (NIA) on Thursday said it has partnered with Mahindra Logistics Mobility to provide a premium, all-electric taxi service for passengers flying to and from the facility. The round-the-clock and seven days-a-week service will feature premium pick-up and drop-off facilities located at the arrival and departure kerbs, minimising walking distance, NIA said. Passengers will be able to book rides through various channels, including a dedicated mobile app, website, call centre, airline alliances, and airport kiosks. This multi-channel approach will guarantee accessibility and ease of booking for travellers, it said. The fleet will be managed with a focus on real-time dynamic adjustments based on passenger demand and flight schedules, reducing wait times, and extending service availability, NIA said. "We have partnered with Mahindra Logistics Mobility to offer a premium, all-electric taxi service, to provide a seamless and environment-friendly ride .

Mahindra Logistics L.. has an average target of 471.00 from 5 brokers.

Mahindra Logistics Ltd.

08 Nov 2024

272.55

2.50%

Mahindra Group Eyes Profitability For MLL Express With Focus On Cost Efficiency

NDTV Profit

CFO Amarjyoti Barua said that pockets of inefficiency, including making sure that truck loads are higher than 50-odd per cent, have already been identified.

Mahindra Logistics Ltd. has lost -45.57% in the last 6 Months

Mahindra Logistics Ltd.

07 Nov 2024

272.55

2.50%

Mahindra hopes express biz to turn profitable amid focus on cost efficiency

Business Standard

Mahindra Group on Thursday said it is expecting its express business to turn profitable amid its focus on getting back volumes to achieve cost efficiency. It also said the turnaround in the express business will bring the overall profitability in the logistics business. The group's arm Mahindra Logistics Ltd (MLL) acquired the B2B express business of Rivigo in September 2022 and brought it under the MLL Express Services. MLL saw its consolidated profit after tax declining 33 per cent to Rs 10.7 crore in the September quarter from Rs 15.9 crore in the same quarter of the last year. The losses for the Express business were reduced by 32 per cent on a year-on-year basis, driven by continuous cost optimisation, while EBITDA losses came down by 10 per cent on a sequential basis, the company said. The growth in volumes continues to be a key priority for the business as it progresses towards an EBITDA breakeven, it had stated in the statement at the time of the Q2 earnings announcement.