₹1583.25
Overview of Mahindra & Mahindra Ltd
Today's Timeline - 21 Sep
08:57 AM
-Kunal Kamble recommends buying M&M Finance stock due to bullish strength and positive technical indicators.
12:39 PM
-M&M, Apollo Tyres, ICICI Bank, Hero Motocorp, Bajaj Finserv, and M&M Financial saw heavy addition of short positions.
While Kunal Kamble recommended buying M&M Finance stock due to bullish strength, the overall day saw heavy short position additions in M&M, Apollo Tyres, ICICI Bank, Hero Motocorp, Bajaj Finserv, and M&M Financial.
IIFL Securities Assigns 'Sell' Rating to M&M Financial Services - 20 Sep, 2023
IIFL Securities has assigned a 'sell' rating to M&M Financial Services, expressing concern over its strategy of diversifying into lower asset quality segments. The target price is set at ₹260 per share.
Mahindra & Mahindra's Financial Services Arm Expects Strong Growth - 16 Sep, 2023
Mahindra & Mahindra Ltd's financial services arm, MMFS, expects a CAGR of 19%/20% in AUM/PAT over FY23-FY25E with RoA/RoE of 2.3%/15.4% in FY25E due to its strong liability franchise and deep moats in rural/semi-urban customer segments.
M&M Finance Shows Bullish Sentiment, Bull Spread Strategy Recommended - 08 Sep, 2023
Short covering seen in M&M Finance Futures with bullish hammer candlestick pattern formation and upward sloping RSI oscillators. Analysts suggest a Bull Spread strategy on the stock.
M&M Finance Reports Increase in Disbursements and Business Assets - 05 Sep, 2023
Mahindra & Mahindra Ltd's financial services arm, M&M Finance, reported a 15% YoY increase in disbursements for August and a 9.4% growth in total business assets since March 2023.
Mahindra & Mahindra Reports 15% YoY Growth in August Disbursements - 04 Sep, 2023
Mahindra & Mahindra Ltd reported a 15% YoY growth of Rs 4,400 crore in its overall disbursements for August.
CLSA Maintains 'Buy' Rating on M&M Finance - 28 Aug, 2023
CLSA has maintained a 'buy' rating on Mahindra & Mahindra Financial Services with a target of Rs 360 per share, citing the company's efforts to tighten its practices and align its culture to asset quality targets.
Thematic NFOs Could Boost Interest in Auto Stocks Like M&M - 03 Aug, 2023
Nuvama Alternative & Quantitative Research notes that two ongoing thematic NFOs by HDFC Mutual Fund and Quant Mutual Fund may increase buying interest in auto stocks like Mahindra & Mahindra Ltd. Meanwhile, Morgan Stanley maintains an equal-weight rating on M&M Finance.
Citi Maintains 'Buy' Rating on M&M Finance - 31 Jul, 2023
Citi has maintained a 'buy' rating on Mahindra & Mahindra Financial Services Ltd with a target of Rs 355 per share. The company's Q1 earnings missed estimates due to plunging net income margin and rising credit cost, but its business assets grew by 28% YoY.
M&M Financial Reports 58% YoY Growth in Q1 Net Profit - 28 Jul, 2023
Mahindra & Mahindra Financial Services reported a net profit of Rs 353 crore for Q1FY24, up 58% YoY, driven by higher loan disbursements and interest income. Total income for the quarter was at Rs 3,125 crore, up 25% YoY, aided by growth in asset book. The company's capital adequacy is at 21.2%, and it carried a total liquidity buffer of approximately Rs 9,350 crore as of June end.
Jefferies Maintains 'Hold' Rating on M&M Finance - 04 Jul, 2023
Jefferies has maintained a 'hold' rating on Mahindra & Mahindra Ltd's finance arm, with a target of Rs 270 per share. The company's loans and disbursements grew by 28% YoY in Q1 FY24.
M&M Finance up over 3% on sustained midcap buying - 19 Jun, 2023
Mahindra & Mahindra Ltd's finance arm, M&M Finance, saw a rise of over 3% on Monday due to sustained buying momentum in midcap stocks.
Source: S&P Global Market Intelligence
0.51%
Downside
Day's Volatility:5.12%
Upside
4.61%
29.04%
Downside
52 Weeks Volatility:34.52%
Upside
5.48%
Returns % | |
1 Month Return | 6.2 % |
3 Month Return | 18.9 % |
1 Year Return | 25.05 % |
Market Stats | |
Previous Close | ₹1,634.00 |
Open | ₹1,637.80 |
Volume | 28.98L |
Market Cap | ₹2,03,192.61Cr |
Organisation | Mahindra & Mahindra Ltd |
Headquarters | |
Industry | Automobile |
E-voting on shares | Click here to vote |
Fundamentals of Mahindra & Mahindra Ltd
Foreign Institutions have increased holdings from 38.25% to 39.14% in Jun 2023 quarter
Revenue is up for the last 8 quarters, 19.78K Cr → 33.11K Cr (in ₹), with an average increase of 7.1% per quarter
In the last 3 years, M&M stock has moved up by 162.5%
In the last 1 year, Tata Motors Ltd has given 49.3% return, outperforming this stock by 24.2%
In the last 3 years, Tata Motors Ltd has given 364.5% return, outperforming this stock by 202.0%
Promoters holdings remained unchanged at 18.88% of holdings in Jun 2023 quarter
Retail Investor have decreased holdings from 9.56% to 9.48% in Jun 2023 quarter
Netprofit is down for the last 3 quarters, 2.77K Cr → 2.63K Cr (in ₹), with an average decrease of 2.5% per quarter
Mutual Funds have decreased holdings from 14.68% to 13.59% in Jun 2023 quarter
Mahindra & Mahindra Ltd in the last 5 years
Lowest (-173.53x)
February 8, 2021
Today (15.69x)
September 20, 2023
Industry (39.63x)
September 20, 2023
Highest (449.04x)
June 23, 2020
Funds | Holdings |
![]() | 4.36% |
![]() | 3.38% |
![]() | 2.43% |
![]() | 2.34% |
![]() | 1.65% |
Investors | Holdings % | Prev. 2 periods | 3M change |
---|---|---|---|
Promoter Holdings | 18.88% | 0.00 | |
Foreign Institutions | 39.14% | 2.33 | |
Mutual Funds | 13.59% | ||
Retail Investors | 9.48% | ||
Others | 18.91% | 1.50 |
Technicals of Mahindra & Mahindra Ltd
News & Events of Mahindra & Mahindra Ltd
News
The Conclave Committee of XLRI, Jamshedpur, PGDM (GM) Batch 2023-24 organized KRONOS – CHRO Conclave, with the theme HR 4.0: Thriving with AI and Metaverse Inno... Read more
20 Sep, 2023 02:42 PMXLRI Jamshedpur hosts CHRO Conclave: AI to get more credence in HR system | Education News | The Avenue Mail... Read more
20 Sep, 2023 08:34 PMEQS Voting Rights Announcement: Delivery Hero SE Delivery Hero SE: Release according to Article 40, Section 1 of the WpHG [the German Securities Trading A... Read more
20 Sep, 2023 08:56 PMMahindra & Mahindra Ltd(M&M | Price |
---|---|
52 Week High | ₹1670 |
52 Week Low | ₹1123.4 |
Mahindra & Mahindra Ltd(M&M | Returns |
---|---|
1 Day Returns | -50.75% |
1 Month Returns | 6.2% |
3 Month Returns | 18.9% |
1 Year Returns | 25.05% |