🔔 Price Increase Alert
Mahindra & Mahindra to increase prices of SUVs and commercial vehicles by 3% effective January 2025.
Mahindra & Mahindra Ltd Analyst Rating
based on 36 analysts
94.44%
Buy
5.56%
Hold
0.00%
Sell
Based on 36 analysts offering long term price targets for Mahindra & Mahindra Ltd. An average target of ₹3418.11
Source: S&P Global Market Intelligence
Mahindra & Mahindra Ltd Share analysis
Mahindra & Mahindra Ltd price forecast by 36 analysts
Upside of11.26%
High
₹3700
Target
₹3418.11
Low
₹2709
Mahindra & Mahindra Ltd target price ₹3418.11, a slight upside of 11.26% compared to current price of ₹3067.45. According to 36 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Mahindra & Mahindra Ltd revenue growth forecast
Expected growth rate Q1, FY2026:
Forecast
Actual
Including amortisation and stock based compensations
Mahindra & Mahindra Ltd EPS growth forecast
EPS estimate Q1, FY2026:15.12%
Forecast
Actual
Source: S&P Global Market Intelligence
Mahindra & Mahindra Ltd Performance
Day's Low
Day's High
₹3,045₹3,08652 Week's Low
52 Week's High
₹1,575₹3,222.1
| Returns % | |
| 1 Month Return | + 5.99 % |
| 3 Month Return | + 12.08 % |
| 1 Year Return | + 87.85 % |
| Market Stats | |
| Previous Close | ₹3,072.05 |
| Open | ₹3,084.80 |
| Volume | 19.59L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹3,82,018.27Cr |
Mahindra & Mahindra Ltd Key Statistics
| P/E Ratio | 28.86 |
| PEG Ratio | 4.7 |
| Market Cap | ₹3,82,018.27 Cr |
| P/B Ratio | 4.41 |
| EPS | 110.07 |
| Dividend Yield | 1.06 |
| Sector | Automobile |
| ROE | 22.41 |
Mahindra & Mahindra Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹3,82,018.27 Cr | 100.03% | 0.54 | ₹12,269 Cr | ₹1,39,078 Cr | |
| BUY | ₹2,94,158.69 Cr | 72.19% | 0.68 | ₹31,806 Cr | ₹4,37,927 Cr | |
| BUY | ₹3,54,575.36 Cr | 12.22% | 0.52 | ₹13,488 Cr | ₹1,41,858 Cr | |
| HOLD | ₹39,094.56 Cr | 96.81% | 0.51 | ₹1,049 Cr | ₹8,849 Cr | |
| BUY | ₹67,886.64 Cr | 38.9% | 0.64 | ₹2,696 Cr | ₹46,542 Cr |
About Mahindra & Mahindra Ltd
Mahindra & Mahindra is one of the largest automobile manufacturers in India and has a wide range of vehicles, including passenger cars, SUVs, vans, and commercial vehicles. The company's popular products include the XUV500, Scorpio, Bolero, and Thar. Mahindra & Mahindra also owns several popular brands, such as Mahindra Tractors, Mahindra Racing, and Mahindra Reva.
Share Price: ₹3067.45 per share as on 12 Dec, 2024 04:01 PM
Market Capitalisation: ₹3,82,018.27Cr as of today
Revenue: ₹37,689.04Cr as on September 2024 (Q3 24)
Net Profit: ₹3,361.06Cr as on September 2024 (Q3 24)
Listing date: 03 Nov, 1994
Chairperson Name: Anand Mahindra
| Organisation | Mahindra & Mahindra Ltd |
| Headquarters | |
| Industry | Automobile |
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Key events for Mahindra & Mahindra Ltd
Mahindra Launches EV Battery Service, Announces Price Hike - 12 Dec, 2024
Mahindra & Mahindra has partnered with Vidyut to introduce a Battery-as-a-Service option for EVs, significantly lowering initial costs. Additionally, the company will raise prices for SUVs and commercial vehicles by 3% starting January 2025.Mahindra Advances in EVs and Offers Discounts - 11 Dec, 2024
Mahindra is set to launch the XEV 7e electric SUV while offering substantial discounts on existing models. Jefferies highlights M&M's attractive growth potential, and the MD discusses the company's commitment to green energy and the temporary nature of EV subsidies.Mahindra's Strategic Moves and Turnaround Success - 10 Dec, 2024
Mahindra & Mahindra is focusing on renewable energy and exploring new sectors while recovering from past losses. A recent study highlights its successful turnaround, with significant revenue growth and market share recovery. The company is also addressing trademark issues with its electric vehicle branding.Mahindra's Strategic Moves Amid Trademark Dispute - 09 Dec, 2024
Mahindra & Mahindra is contesting IndiGo's trademark claims while reporting a 2% sales increase in the PV segment. The company also commits Rs 11,000 crore for solar projects in Rajasthan, creating jobs and expanding capacity.Mahindra Faces Trademark Dispute, Adjusts Pricing Strategy - 08 Dec, 2024
Mahindra has temporarily renamed its electric SUV from BE 6e to BE 6 due to a trademark dispute with IndiGo. The company plans to contest the lawsuit in court. Additionally, Mahindra will increase car prices by up to 3% due to rising costs.Mahindra Renames Electric SUV Amid Trademark Dispute - 07 Dec, 2024
Mahindra & Mahindra has decided to rename its electric SUV from BE 6e to BE 6 due to a trademark infringement case with IndiGo. The company plans to contest IndiGo's claims in court, asserting that the allegations are baseless and could set a negative precedent for alphanumeric trademarks.Mahindra Announces Price Hike Amid Rising Costs - 06 Dec, 2024
Mahindra & Mahindra will increase prices for its SUV and commercial vehicle range starting January 2025, citing inflation and commodity price increases as reasons.Mahindra & Mahindra Updates on Growth and Innovations - 05 Dec, 2024
Mahindra & Mahindra faces a trademark lawsuit from InterGlobe Aviation while announcing a partnership with Airbus. The company anticipates significant growth in the automotive sector and discusses its brand evolution beyond vehicles.Mahindra & Mahindra Faces Trademark Dispute and Sales Surge - 04 Dec, 2024
Mahindra & Mahindra reported a significant increase in passenger vehicle sales but faced a trademark dispute with IndiGo over the BE 6e electric vehicle. The company also launched a stock clearance sale and partnered with Gaana for enhanced in-car audio experiences in its new electric SUVs.Mahindra's Sales Growth and Trademark Dispute Highlighted - 03 Dec, 2024
Mahindra & Mahindra reported a 12% sales increase in November and unveiled new electric SUVs. A trademark dispute with IndiGo continues, while Citi forecasts further stock upside.Mahindra & Mahindra Reports Strong Sales Growth - 02 Dec, 2024
Mahindra & Mahindra achieved a 12% year-on-year increase in sales for November 2024, totaling 79,083 units. The company continues to excel in the automotive market, particularly in utility vehicles, amid a competitive landscape.Mahindra Expands EV Range and Production Capacity - 01 Dec, 2024
Mahindra & Mahindra is launching new electric models BE 6e and XEV 9e, integrating Dolby Atmos technology, and committing significant investment for production capacity expansion.Mahindra & Mahindra Expands EV Lineup and Subsidiaries - 30 Nov, 2024
Mahindra & Mahindra is set to launch the XUV.e8, while the XEV 9e receives positive reviews. The company also incorporates Steer Hybren for renewable energy. Analysts predict stock price increases following these developments, despite a viral incident affecting the Thar's reputation.Mahindra Advances EV Strategy Amid Emission Controversy - 29 Nov, 2024
Mahindra & Mahindra unveils new EV models, refutes emission penalty claims, and emphasizes its commitment to electric vehicles with significant investments. Volkswagen partners with Mahindra for EV components, enhancing collaboration in the sector.Mahindra Expands EV Lineup and Targets South America - 28 Nov, 2024
Mahindra & Mahindra launched two electric SUVs, BE 6e and XUV 9e, while planning to re-enter South American markets. The company also denied emission penalty claims, expecting no liabilities for FY2023.Mahindra Launches New EVs Amid Market Strategies - 27 Nov, 2024
Mahindra & Mahindra launched two new electric SUVs, BE 6e and XEV 9e, leading to a share price increase. The company is investing ₹4,500 crore in electric vehicle development while facing mixed analyst sentiments regarding market uptake. Morgan Stanley remains optimistic, while Emkay Global suggests a cautious approach.Mahindra Launches New Electric SUVs BE 6e and XEV 9e - 26 Nov, 2024
Mahindra & Mahindra has launched its first electric SUVs, BE 6e and XEV 9e, priced competitively with advanced features and impressive ranges. Deliveries are expected by fiscal year-end.M&M Stock Rises on Positive Brokerage Outlook and New Launch - 25 Nov, 2024
Mahindra & Mahindra's stock surged on November 25, 2024, driven by bullish calls from Jefferies and HSBC, predicting strong growth in the auto and tractor sectors. The upcoming launch of the XEV 9e further enhances investor sentiment.Mahindra Faces Penalty Amid New EV Teasers - 24 Nov, 2024
Mahindra & Mahindra is facing a Rs. 3.5 Lakh penalty due to e-way bill errors but plans to appeal. Meanwhile, teasers for the upcoming XEV 9e and BE 6e electric vehicles were released, highlighting their innovative features.Mahindra Teases New Electric SUVs Ahead of Launch - 23 Nov, 2024
Mahindra unveiled teaser sketches for its upcoming BE 6e and XEV 9e Electric Origin SUVs, set to debut on November 26, 2024. The designs emphasize bold aesthetics and innovation, reflecting Mahindra's commitment to redefining electric mobility with a focus on emotional connection and performance.
Insights on Mahindra & Mahindra Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTRevenue Rich
Revenue is up for the last 14 quarters, 19.78K Cr → 39.04K Cr (in ₹), with an average increase of 5.0% per quarter
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 12.42% to 12.64% in Sep 2024 quarter
- POSITIVE IMPACT
Price Rise
In the last 3 months, M&M stock has moved up by 12.1%
- POSITIVE IMPACT
Best in 3 Years
In the last 3 years, M&M has outperformed top 5 stocks with highest market-cap in Auto & Truck Manufacturers
- POSITIVE IMPACT
Best in 1 Year
In the last 1 year, M&M has outperformed top 5 stocks with highest market-cap in Auto & Truck Manufacturers
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 18.14% of holdings in Sep 2024 quarter
NEGATIVE IMPACTRetail Holding Down
Retail Investor have decreased holdings from 9.36% to 9.26% in Sep 2024 quarter
- NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 2 quarters, 3.28K Cr → 3.17K Cr (in ₹), with an average decrease of 3.4% per quarter
- NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 40.95% to 40.29% in Sep 2024 quarter
Mahindra & Mahindra Ltd Financials
Index Inclusions
Mahindra & Mahindra Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 18.14% | 0.00 | |
| Foreign Institutions | 40.29% | ||
| Mutual Funds | 12.64% | 1.75 | |
| Retail Investors | 9.26% | ||
| Others | 19.66% | 2.81 |
Mahindra & Mahindra Ltd Key Indicators
Mahindra & Mahindra Ltd Valuation
Mahindra & Mahindra Ltd in the last 5 years
Lowest (-173.53x)
February 8, 2021
Today (28.86x)
December 11, 2024
Industry (36.39x)
December 11, 2024
Highest (449.04x)
June 23, 2020
Mahindra & Mahindra Ltd Earnings and Dividends
Mahindra & Mahindra Ltd Earnings Results
Mahindra & Mahindra Ltd’s net profit jumped 35.05% since last year same period to ₹3,170.72Cr in the Q2 2024-2025. On a quarterly growth basis, Mahindra & Mahindra Ltd has generated -3.41% fall in its net profits since last 3-months.
Read More about Earnings ResultsMahindra & Mahindra Ltd Dividends May,2024
In the quarter ending March 2024, Mahindra & Mahindra Ltd has declared dividend of ₹21.10 - translating a dividend yield of 1.22%.
Read More about Dividends
Mahindra & Mahindra Ltd Technicals Summary
Bearish
Neutral
Bullish
Mahindra & Mahindra Ltd is currently in a Bullish trading position according to technical analysis indicators.
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Mahindra & Mahindra Ltd (M&M) share price today is ₹3067.45
Mahindra & Mahindra Ltd is listed on NSE
Mahindra & Mahindra Ltd is listed on BSE
- Today’s highest price of Mahindra & Mahindra Ltd is ₹3086.
- Today’s lowest price of Mahindra & Mahindra Ltd is ₹3045.
PE Ratio of Mahindra & Mahindra Ltd is 28.86
PE ratio = Mahindra & Mahindra Ltd Market price per share / Mahindra & Mahindra Ltd Earnings per share
Today’s traded volume of Mahindra & Mahindra Ltd(M&M) is 19.59L.
Today’s market capitalisation of Mahindra & Mahindra Ltd(M&M) is ₹382018.27Cr.
| Mahindra & Mahindra Ltd(M&M | Price |
|---|---|
52 Week High | ₹3222.1 |
52 Week Low | ₹1575 |
Mahindra & Mahindra Ltd(M&M) share price is ₹3067.45. It is down -4.80% from its 52 Week High price of ₹3222.1
Mahindra & Mahindra Ltd(M&M) share price is ₹3067.45. It is up 94.76% from its 52 Week Low price of ₹1575
| Mahindra & Mahindra Ltd(M&M | Returns |
|---|---|
1 Day Returns | -4.6% |
1 Month Returns | 5.99% |
3 Month Returns | 12.08% |
1 Year Returns | 87.85% |