|
04 Sep 2025 |
Mahindra & Mahindra
|
Consensus Share Price Target
|
3286.00 |
3666.37 |
- |
11.58 |
buy
|
|
|
|
|
07 Aug 2023
|
Mahindra & Mahindra
|
SMC online
|
3286.00
|
|
1526.90
(115.21%)
|
|
Results Update
|
|
|
|
|
05 Aug 2023
|
Mahindra & Mahindra
|
Motilal Oswal
|
3286.00
|
1725.00
|
1464.65
(124.35%)
|
Target met |
Buy
|
|
|
|
|
05 Aug 2023
|
Mahindra & Mahindra
|
ICICI Securities Limited
|
3286.00
|
1686.00
|
1464.65
(124.35%)
|
Target met |
Buy
|
|
|
Mahindra & Mahindra’s (M&M) Q1FY24 EBITDAM at 13.2% (+105bps QoQ) was ~20bps higher than consensus as both FES and auto margins improved. Auto margin at 7.5% (+44bps QoQ) was at FY19 levels despite commodity inflation and BS VI related cost increment. FES segment margin improved to 17.5% (+110bps QoQ).
|
|
20 Jun 2023
|
Mahindra & Mahindra
|
Sharekhan
|
3286.00
|
1550.00
|
1396.45
(135.31%)
|
Target met |
Buy
|
|
|
|
|
31 May 2023
|
Mahindra & Mahindra
|
Geojit BNP Paribas
|
3286.00
|
1486.00
|
1319.00
(149.13%)
|
Target met |
Buy
|
|
|
|
|
30 May 2023
|
Mahindra & Mahindra
|
BOB Capital Markets Ltd.
|
3286.00
|
1665.00
|
1328.45
(147.36%)
|
Target met |
Buy
|
|
|
Robust Q4 volume growth of 22% YoY despite slow tractor sales; prudent product mix aids realisation gains of 13%
|
|
29 May 2023
|
Mahindra & Mahindra
|
Prabhudas Lilladhar
|
3286.00
|
1585.00
|
1330.15
(147.04%)
|
Target met |
Buy
|
|
|
|
|
28 May 2023
|
Mahindra & Mahindra
|
ICICI Direct
|
3286.00
|
1600.00
|
1281.85
(156.35%)
|
Target met |
Buy
|
|
|
|
|
27 May 2023
|
Mahindra & Mahindra
|
ICICI Securities Limited
|
3286.00
|
1478.00
|
1281.85
(156.35%)
|
Target met |
Buy
|
|
|
Mahindra & Mahindra’s (M&M) Q4FY23 EBITDA margin at 12.4% (-60bps QoQ) was ~30bps lower than consensus as FES segment margin remained flat QoQ other than lower FES segment revenue mix QoQ. Automotive segment revenue increased 11% QoQ to Rs164bn, and FES revenue fell 11% QoQ to Rs55bn.
|
|
27 May 2023
|
Mahindra & Mahindra
|
Motilal Oswal
|
3286.00
|
1500.00
|
1281.85
(156.35%)
|
Target met |
Buy
|
|
|
|