M&M Partners PSUs to Scale Up Production of Ventilators

March 26, 2020

Mahindra & Mahindra Ltd (M&M) has teamed up with two state-owned companies or public sector undertakings (PSUs) to work with an undisclosed manufacturer to simplify design and scale-up production of ventilators amid a surge in cases of Covid-19 in the country, a top company executive said on Thursday.

“At one end, we along with 2 large PSUs are working with an existing manufacturer of high spec ventilators to help them to simplify design and scale-up capacity. Our engineering team is right now with them working on it,” Pawan Goenka, managing director, M&M, said in a tweet.
“At the other end, we are working on an automated version of the bag valve mask ventilator (commonly known as Ambu bag). We hope to have a prototype ready in 3 days for approval. Once proven, this design will be made available to all for manufacturing,” Goenka added.
The pandemic has spread across 175 countries, with nearly half a million affected and the death toll at 21,293. In India, cases have surged past 650, with a number of deaths at 13. On March 22, Anand Mahindra, Chairman Mahindra Group, had offered to assist the government with manufacturing ventilators and opening up resorts owned by Mahindra Holidays & Resorts India Ltd for setting up temporary care facilities.
Read EquityPandit’s Nifty Outlook for the Week

INDEX OUTLOOK MARKET OUTLOOK NIFTY

NIFTY 50 Outlook for the Week (June 03, 2024 – June 07, 2024)

CRON USERMay 31, 2024

May 31, 2024

NIFTY 50 closed the previous week on a negative note losing 3.00%.

Technically, NIFTY 50 share price will see immediate support at 22,261.53 and immediate resistance would be seen at 22,955.33.

If NIFTY 50 share price closes below immediate support of 22,261.53, then sharp breakdown can be seen. NIFTY 50 share price will see major support at 21,992.37 for the week.

On the positive side, immediate resistance will be seen at 22,955.33. Closing above 22,955.33, NIFTY 50 share price will see a sharp breakout. Major resistance for NIFTY 50 share price will be seen at 23,379.97 for the week.

Trading range for NIFTY 50 share price for this week should be between 21,567.73 on down side and 23,649.13 on up side.

NIFTY 50 Previous Week High: 23110.8

NIFTY 50 Previous Week Low: 22417

NIFTY 50 Previous Week Range: 693.8 Points

NIFTY 50 share price support and resistance for the week (June 03, 2024 – June 07, 2024)

Level Type	Value
Resistance 3	23,649.13
Resistance 2	23,379.97
Resistance 1	22,955.33
Support 1	22,261.53
Support 2	21,992.37
Support 3	21,567.73

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INDEX OUTLOOK MARKET OUTLOOK NIFTY

NIFTY 50 Outlook for the Week (May 27, 2024 – May 31, 2024)

CRON USERMay 24, 2024

May 24, 2024

NIFTY 50 closed the previous week on a negative note losing 2.70%.

Technically, NIFTY 50 share price will see immediate support at 22,565.63 and immediate resistance would be seen at 23,187.48.

If NIFTY 50 share price closes below immediate support of 22,565.63, then sharp breakdown can be seen. NIFTY 50 share price will see major support at 22,174.17 for the week.

On the positive side, immediate resistance will be seen at 23,187.48. Closing above 23,187.48, NIFTY 50 share price will see a sharp breakout. Major resistance for NIFTY 50 share price will be seen at 23,417.87 for the week.

Trading range for NIFTY 50 share price for this week should be between 21,943.78 on down side and 23,809.33 on up side.

NIFTY 50 Previous Week High: 23026.4

NIFTY 50 Previous Week Low: 22404.55

NIFTY 50 Previous Week Range: 621.85 Points

NIFTY 50 share price support and resistance for the week (May 27, 2024 – May 31, 2024)

Level Type	Value
Resistance 3	23,809.33
Resistance 2	23,417.87
Resistance 1	23,187.48
Support 1	22,565.63
Support 2	22,174.17
Support 3	21,943.78

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INDEX OUTLOOK MARKET OUTLOOK NIFTY

NIFTY 50 Outlook for the Week (May 20, 2024 – May 24, 2024)

CRON USERMay 17, 2024

May 17, 2024

NIFTY 50 closed the previous week on a negative note losing 3.03%.

Technically, NIFTY 50 share price will see immediate support at 22,024.05 and immediate resistance would be seen at 22,705.15.

If NIFTY 50 share price closes below immediate support of 22,024.05, then sharp breakdown can be seen. NIFTY 50 share price will see major support at 21,582.00 for the week.

On the positive side, immediate resistance will be seen at 22,705.15. Closing above 22,705.15, NIFTY 50 share price will see a sharp breakout. Major resistance for NIFTY 50 share price will be seen at 22,944.20 for the week.

Trading range for NIFTY 50 share price for this week should be between 21,342.95 on down side and 23,386.25 on up side.

NIFTY 50 Previous Week High: 22502.15

NIFTY 50 Previous Week Low: 21821.05

NIFTY 50 Previous Week Range: 681.1 Points

NIFTY 50 share price support and resistance for the week (May 20, 2024 – May 24, 2024)

Level Type	Value
Resistance 3	23,386.25
Resistance 2	22,944.20
Resistance 1	22,705.15
Support 1	22,024.05
Support 2	21,582.00
Support 3	21,342.95

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INDEX OUTLOOK MARKET OUTLOOK NIFTY

NIFTY 50 Outlook for the Week (May 13, 2024 – May 17, 2024)

CRON USERMay 10, 2024

May 10, 2024

NIFTY 50 closed the previous week on a negative note losing 2.91%.

Technically, NIFTY 50 share price will see immediate support at 21,795.47 and immediate resistance would be seen at 22,451.87.

If NIFTY 50 share price closes below immediate support of 21,795.47, then sharp breakdown can be seen. NIFTY 50 share price will see major support at 21,535.73 for the week.

On the positive side, immediate resistance will be seen at 22,451.87. Closing above 22,451.87, NIFTY 50 share price will see a sharp breakout. Major resistance for NIFTY 50 share price will be seen at 22,848.53 for the week.

Trading range for NIFTY 50 share price for this week should be between 21,139.07 on down side and 23,108.27 on up side.

NIFTY 50 Previous Week High: 22588.8

NIFTY 50 Previous Week Low: 21932.4

NIFTY 50 Previous Week Range: 656.4 Points

NIFTY 50 share price support and resistance for the week (May 13, 2024 – May 17, 2024)

Level Type	Value
Resistance 3	23,108.27
Resistance 2	22,848.53
Resistance 1	22,451.87
Support 1	21,795.47
Support 2	21,535.73
Support 3	21,139.07

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INDEX OUTLOOK MARKET OUTLOOK NIFTY

NIFTY 50 Outlook for the Week (May 06, 2024 – May 10, 2024)

CRON USERMay 3, 2024

May 3, 2024

NIFTY 50 closed the previous week on a negative note losing 1.96%.

Technically, NIFTY 50 share price will see immediate support at 22,284.37 and immediate resistance would be seen at 22,731.02.

If NIFTY 50 share price closes below immediate support of 22,284.37, then sharp breakdown can be seen. NIFTY 50 share price will see major support at 22,092.88 for the week.

On the positive side, immediate resistance will be seen at 22,731.02. Closing above 22,731.02, NIFTY 50 share price will see a sharp breakout. Major resistance for NIFTY 50 share price will be seen at 22,986.18 for the week.

Trading range for NIFTY 50 share price for this week should be between 21,837.72 on down side and 23,177.67 on up side.

NIFTY 50 Previous Week High: 22794.7

NIFTY 50 Previous Week Low: 22348.05

NIFTY 50 Previous Week Range: 446.65 Points

NIFTY 50 share price support and resistance for the week (May 06, 2024 – May 10, 2024)

Level Type	Value
Resistance 3	23,177.67
Resistance 2	22,986.18
Resistance 1	22,731.02
Support 1	22,284.37
Support 2	22,092.88
Support 3	21,837.72

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