|
31 Aug 2025 |
Mahindra & Mahindra
|
Consensus Share Price Target
|
3199.50 |
3666.37 |
- |
14.59 |
buy
|
|
|
|
|
13 Feb 2023
|
Mahindra & Mahindra
|
Prabhudas Lilladhar
|
3199.50
|
1560.00
|
1353.00
(136.47%)
|
Target met |
Buy
|
|
|
|
|
13 Feb 2023
|
Mahindra & Mahindra
|
SMC online
|
3199.50
|
|
1353.00
(136.47%)
|
|
Results Update
|
|
|
|
|
12 Feb 2023
|
Mahindra & Mahindra
|
ICICI Direct
|
3199.50
|
1665.00
|
1365.45
(134.32%)
|
Target met |
Buy
|
|
|
|
|
11 Feb 2023
|
Mahindra & Mahindra
|
ICICI Securities Limited
|
3199.50
|
1514.00
|
1365.45
(134.32%)
|
Target met |
Accumulate
|
|
|
Mahindra & Mahindra’s (M&M) Q3FY23 EBITDA margin at 13% (up 100% bps QoQ) was in line with our estimates with auto/FES EBIT margins at 6.7%/16.6%. Gross margin expanded by 50bps QoQ and the rest was led by operating leverage. FES segment ASP has increased from Rs530k-560k/unit a year back, to ~Rs590k/unit at present led by price hikes to pass on input cost inflation.
|
|
11 Feb 2023
|
Mahindra & Mahindra
|
LKP Securities
|
3199.50
|
1662.00
|
1365.45
(134.32%)
|
Target met |
Buy
|
|
|
|
|
29 Nov 2022
|
Mahindra & Mahindra
|
BOB Capital Markets Ltd.
|
3199.50
|
1496.00
|
1305.60
(145.06%)
|
Target met |
Buy
|
|
|
Q2 net sales of Rs 208bn (+6% QoQ) driven entirely by realisation gains with NRPV at Rs 763k (+6% QoQ)
|
|
15 Nov 2022
|
Mahindra & Mahindra
|
Geojit BNP Paribas
|
3199.50
|
1512.00
|
1227.15
(160.73%)
|
Target met |
Buy
|
|
|
|
|
14 Nov 2022
|
Mahindra & Mahindra
|
Prabhudas Lilladhar
|
3199.50
|
1500.00
|
1291.70
(147.70%)
|
Target met |
Buy
|
|
|
|
|
14 Nov 2022
|
Mahindra & Mahindra
|
ICICI Securities Limited
|
3199.50
|
1339.00
|
1287.10
(148.58%)
|
Target met |
Hold
|
|
|
Mahindra & Mahindra’s (M&M) Q2FY23 EBITDA margin at 12% (flat QoQ) was in line with consensus estimates. Gross margin was flat QoQ led by promotional pricing of new SUV launches mitigating benefit of RM price decline.
|
|
13 Nov 2022
|
Mahindra & Mahindra
|
ICICI Direct
|
3199.50
|
1590.00
|
1287.10
(148.58%)
|
Target met |
Buy
|
|
|
|