Daily BriefsIndia

Daily Brief India: Mahindra & Mahindra, Snowman Logistics and more

In today’s briefing:

  • Mahindra & Mahindra (MM IN) | Cracks Widening
  • Snowman Logistics- Forensic Analysis

Mahindra & Mahindra (MM IN) | Cracks Widening

By Pranav Bhavsar

  • Mahindra & Mahindra (MM IN) is facing challenges in the highly competitive SUV segment in India.
  • Model-Wise data indicates declining sales volumes for some of its models such as Scorpio, XUV300, and XUV700.
  • The strategy of focusing on the higher end of the SUV market may lead to confusion and loss of market share. 

Snowman Logistics- Forensic Analysis

By Nitin Mangal

  • Snowman Logistics (SNLL IN)  is principally engaged in the business of providing integrated cold chain solution to users in India.
  • The company is in capex phase as it looks to increase the pallet capacity. 
  • Forensic concerns include inability to deliver cash flows after the last capex cycle, alongside governance issues such as directorial pay, churn in board, etc.

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