|
11 Sep 2025 |
Mahindra & Mahindra
|
Consensus Share Price Target
|
3595.70 |
3765.29 |
- |
4.72 |
buy
|
|
|
|
|
03 Dec 2024
|
Mahindra & Mahindra
|
Sharekhan
|
3595.70
|
3600.00
|
3027.30
(18.78%)
|
Target met |
Buy
|
|
|
We maintain a Buy rating on M&M with an SOTP-based revised PT of Rs. 3,600 on healthy traction in its PV segment, market leadership in tractors space, opportunity to grow in farm machinery segment, and a strong EV roadmap.
|
|
28 Nov 2024
|
Mahindra & Mahindra
|
Prabhudas Lilladhar
|
3595.70
|
3456.00
|
2898.70
(24.05%)
|
Target met |
Buy
|
|
|
|
|
27 Nov 2024
|
Mahindra & Mahindra
|
Geojit BNP Paribas
|
3595.70
|
3382.00
|
3004.80
(19.67%)
|
Target met |
Buy
|
|
|
|
|
27 Nov 2024
|
Mahindra & Mahindra
|
Emkay
|
3595.70
|
2700.00
|
3004.80
(19.67%)
|
Target met |
Sell
|
|
|
We attended M&M’s unveiling of its first two born EV SUVs—BE 6e and XEV 9e, and are impressed by the strong specifications/features and competitive pricing (introductory prices ~6% and 22%, respectively, below those of current top-selling models in the targeted ICE-SUV segments).
|
|
08 Nov 2024
|
Mahindra & Mahindra
|
ICICI Direct
|
3595.70
|
3600.00
|
2974.90
(20.87%)
|
Target met |
Buy
|
|
|
|
|
08 Nov 2024
|
Mahindra & Mahindra
|
BOB Capital Markets Ltd.
|
3595.70
|
3344.00
|
2974.90
(20.87%)
|
Target met |
Buy
|
|
|
Automotive segment grew by ~9% YoY and tractor volume at 3% YoY in the monsoon quarter; festive season sales were encouraging
|
|
07 Nov 2024
|
Mahindra & Mahindra
|
Motilal Oswal
|
3595.70
|
3420.00
|
2891.35
(24.36%)
|
Target met |
Buy
|
|
|
MM reported an in-line operating performance in 2QFY25. EBITDA margin expanded 150bp YoY to 14.3% (est. 13.5%).
|
|
07 Nov 2024
|
Mahindra & Mahindra
|
Sharekhan
|
3595.70
|
3490.00
|
2891.35
(24.36%)
|
Target met |
Buy
|
|
|
M&M reported AEBITDA at Rs. 3,950 crore in Q2FY2025 vs. estimate of Rs. 3,914 crore. This was the consecutive second quarter when it held up blended AEBITDA margin above 14% level.
|
|
23 Sep 2024
|
Mahindra & Mahindra
|
Prabhudas Lilladhar
|
3595.70
|
3326.00
|
3049.80
(17.90%)
|
Target met |
Buy
|
|
|
|
|
08 Aug 2024
|
Mahindra & Mahindra
|
Geojit BNP Paribas
|
3595.70
|
3026.00
|
2682.95
(34.02%)
|
Target met |
Buy
|
|
|
|
|
01 Aug 2024
|
Mahindra & Mahindra
|
ICICI Securities Limited
|
3595.70
|
3349.00
|
2828.40
(27.13%)
|
|
Buy
|
|
|
Mahindra & Mahindra’s (M&M) EBITDA margin, at 14.9% (up ~200bps QoQ), was 110bps higher than consensus. Auto/FES segment’s EBIT margin was up 70bps/270bps QoQ at 9.5%/18.5%
|
|
01 Aug 2024
|
Mahindra & Mahindra
|
ICICI Direct
|
3595.70
|
3460.00
|
2828.40
(27.13%)
|
|
Buy
|
|
|
|
|
31 Jul 2024
|
Mahindra & Mahindra
|
Sharekhan
|
3595.70
|
3431.00
|
2907.80
(23.66%)
|
|
Buy
|
|
|
M&M reported a beat in operating performance in Q1FY25 on account of healthy gross margin expansion, while bottomline missed the estimates on account of lower-than-expected other income.
|
|
25 Jul 2024
|
Mahindra & Mahindra
|
Motilal Oswal
|
3595.70
|
3300.00
|
2811.40
(27.90%)
|
Target met |
Buy
|
|
|
Mahindra & Mahindra's (MM) annual report FY24 outlines its strategic focus on its journey to "Deliver Scale" across its businesses, categorized into three buckets.
|
|
18 Jun 2024
|
Mahindra & Mahindra
|
ICICI Direct
|
3595.70
|
3420.00
|
2961.90
(21.40%)
|
|
Buy
|
|
|
|
|
18 Jun 2024
|
Mahindra & Mahindra
|
Prabhudas Lilladhar
|
3595.70
|
3250.00
|
2961.90
(21.40%)
|
Target met |
Buy
|
|
|
|
|
22 May 2024
|
Mahindra & Mahindra
|
Geojit BNP Paribas
|
3595.70
|
2754.00
|
2521.05
(42.63%)
|
Target met |
Hold
|
|
|
|
|
18 May 2024
|
Mahindra & Mahindra
|
BOB Capital Markets Ltd.
|
3595.70
|
2572.00
|
2503.70
(43.62%)
|
Target met |
Hold
|
|
|
Q4 revenue grew 11% YoY, led by 7% blended realisation gains and 4% volume growth (flat QoQ)
|
|
17 May 2024
|
Mahindra & Mahindra
|
ICICI Direct
|
3595.70
|
2915.00
|
2514.60
(42.99%)
|
Target met |
Buy
|
|
|
|
|
19 Feb 2024
|
Mahindra & Mahindra
|
ICICI Direct
|
3595.70
|
2225.00
|
1848.55
(94.51%)
|
Target met |
Buy
|
|
|
|