Mahindra & Mahindra Ltd.

Mahindra & Mahindra (M&M) is reportedly planning to invest Rs 2,500 crore in its subsidiaries over next few years. Moreover, the company is expecting double digit growth from tractor segment in FY14. Further, the company may hike its vehicle prices in near term, though the quantum of hike will be small.

Recently, the company reported 29.25% rise in its net profit after tax at Rs 937.91 crore for the quarter as compared to Rs 725.64 crore for the same quarter in the previous year. The total income of the company increased by 8.06% at Rs 10186.75 crore for quarter under review as compared to Rs 9427.24 crore for the quarter ended June 30, 2012.