|
20 Sep 2025 |
Mahindra & Mahindra
|
Consensus Share Price Target
|
3592.10 |
3815.51 |
- |
6.22 |
buy
|
|
|
|
|
08 Mar 2023
|
Mahindra & Mahindra
|
Motilal Oswal
|
3592.10
|
1525.00
|
1289.95
(178.47%)
|
Target met |
Buy
|
|
|
|
|
13 Feb 2023
|
Mahindra & Mahindra
|
SMC online
|
3592.10
|
|
1353.00
(165.49%)
|
|
Results Update
|
|
|
|
|
13 Feb 2023
|
Mahindra & Mahindra
|
Prabhudas Lilladhar
|
3592.10
|
1560.00
|
1353.00
(165.49%)
|
Target met |
Buy
|
|
|
|
|
12 Feb 2023
|
Mahindra & Mahindra
|
ICICI Direct
|
3592.10
|
1665.00
|
1365.45
(163.07%)
|
Target met |
Buy
|
|
|
|
|
11 Feb 2023
|
Mahindra & Mahindra
|
ICICI Securities Limited
|
3592.10
|
1514.00
|
1365.45
(163.07%)
|
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
|
3592.10
|
1662.00
|
1365.45
(163.07%)
|
Target met |
Buy
|
|
|
|
|
29 Nov 2022
|
Mahindra & Mahindra
|
BOB Capital Markets Ltd.
|
3592.10
|
1496.00
|
1305.60
(175.13%)
|
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
|
3592.10
|
1512.00
|
1227.15
(192.72%)
|
Target met |
Buy
|
|
|
|
|
14 Nov 2022
|
Mahindra & Mahindra
|
ICICI Securities Limited
|
3592.10
|
1339.00
|
1287.10
(179.08%)
|
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.
|
|
14 Nov 2022
|
Mahindra & Mahindra
|
Prabhudas Lilladhar
|
3592.10
|
1500.00
|
1291.70
(178.09%)
|
Target met |
Buy
|
|
|
|