🔔 Price Revision Alert
Mahindra & Mahindra has revised prices of the XUV700, increasing costs by up to Rs 50,000 for top-spec variants.
Mahindra & Mahindra Ltd Analyst Rating
based on 37 analysts
91.89%
Buy
5.41%
Hold
2.70%
Sell
Based on 37 analysts offering long term price targets for Mahindra & Mahindra Ltd. An average target of ₹3383.41
Source: S&P Global Market Intelligence
Mahindra & Mahindra Ltd Share analysis
Mahindra & Mahindra Ltd price forecast by 37 analysts
Upside of14.73%
High
₹3700
Target
₹3383.41
Low
₹2700
Mahindra & Mahindra Ltd target price ₹3383.41, a slight upside of 14.73% compared to current price of ₹2936.25. According to 37 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, FY2026:14.31%
Forecast
Actual
Source: S&P Global Market Intelligence
Mahindra & Mahindra Ltd Performance
Day's Low
Day's High
₹2,918₹2,97452 Week's Low
52 Week's High
₹1,535₹3,222.1
| Returns % | |
| 1 Month Return | -1.64 % |
| 3 Month Return | + 6.48 % |
| 1 Year Return | + 89.07 % |
| Market Stats | |
| Previous Close | ₹2,948.95 |
| Open | ₹2,962.50 |
| Volume | 38.22L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹3,66,710.43Cr |
Mahindra & Mahindra Ltd Key Statistics
| P/E Ratio | 27.71 |
| PEG Ratio | 4.51 |
| Market Cap | ₹3,66,710.43 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 | ₹3,66,710.43 Cr | 86.88% | 0.54 | ₹12,269 Cr | ₹1,39,078 Cr | |
| BUY | ₹2,88,295.28 Cr | 75.42% | 0.68 | ₹31,806 Cr | ₹4,37,927 Cr | |
| BUY | ₹3,44,563.21 Cr | 11.23% | 0.52 | ₹13,488 Cr | ₹1,41,858 Cr | |
| HOLD | ₹39,091.77 Cr | 87.14% | 0.51 | ₹1,049 Cr | ₹8,849 Cr | |
| BUY | ₹64,994.88 Cr | 33.66% | 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: ₹2936.25 per share as on 21 Nov, 2024 04:01 PM
Market Capitalisation: ₹3,66,710.43Cr 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 |
| E-voting on shares | Click here to vote |
What's happening today
Today's Timeline - 21 Nov
05:45 AM
-M&M's passenger vehicle market share reaches 12.5%, while competitors Maruti and Hyundai see declines.
08:11 AM
-M&M shows strong performance in passenger vehicles and tractors, with positive guidance for upcoming quarters.
08:53 AM
-M&M's strategic shift towards mid and premium SUVs may face competition risks but offers higher-margin opportunities.
Today's Timeline - 21 Nov
03:20 PM
-Mahindra raises XUV700 prices by up to Rs 50,000, following record sales of 10,435 units in October.
08:33 PM
-XUV700 price revision includes increases for top-spec AX7 and AX7L variants, now priced from Rs 13.99 lakh to Rs 25.64 lakh.
Key events for Mahindra & Mahindra Ltd
Mahindra Reports Strong Market Share and Price Hikes - 21 Nov, 2024
Mahindra & Mahindra's market share in passenger vehicles hits 12.5%. The company raises XUV700 prices by up to Rs 50,000 after record sales. Positive outlook for upcoming quarters despite competitive risks in the SUV segment.
Mahindra Prepares for EV Launch Amid Subsidy Changes - 20 Nov, 2024
Mahindra is set to unveil two new electric vehicles, the BE 6e and XEV 9e, while also facing changes in EV subsidies and GST regulations.
Mahindra Advances in EV Market Amid Joint Venture Stalls - 19 Nov, 2024
Mahindra & Mahindra is making strides in the electric vehicle sector with upcoming launches while facing stalled negotiations for a joint venture with Skoda. The stock surged after a broker's positive rating, reflecting confidence in its growth trajectory.
Mahindra & Mahindra Market Cap Rises Significantly - 18 Nov, 2024
On November 18, 2024, Mahindra & Mahindra's share price increased by 1.03%, boosting its market capitalization by Rs 3,634 crore amid positive investor sentiment in the automotive sector.
Mahindra's Market Share Soars Amid Electric Truck Initiatives - 17 Nov, 2024
Mahindra & Mahindra reports a 1.9% market share increase in SUVs, reaching 12.5% in passenger vehicles. The Heavy Industries Ministry is consulting on a ₹500 crore subsidy for electric trucks.
Mahindra Previews Upcoming XEV 9e and BE 6e EVs - 16 Nov, 2024
Mahindra is set to unveil the XEV 9e and BE 6e on November 26, showcasing their electric vehicle designs and features, including a new INGLO platform.
Mahindra & Mahindra Reports Strong Growth and EV Developments - 15 Nov, 2024
Mahindra & Mahindra shows robust growth with a 35% YoY profit increase and a record market share. The company also reveals details of its upcoming electric SUVs, XEV 9e and BE 6e.
Mahindra Achieves Safety Milestones and Growth Vision - 14 Nov, 2024
Mahindra & Mahindra has received multiple 5-star safety ratings for its SUVs, including Thar ROXX and XUV400. CEO Anish Shah outlines a vision for significant manufacturing growth and global competitiveness, reinforcing the company's commitment to safety and innovation.
Mahindra & Mahindra Faces Significant Stock Decline - 13 Nov, 2024
Mahindra & Mahindra Limited experienced a notable decline in its stock price, resulting in a market cap reduction of Rs 12,709 crore. The stock closed at ₹2,796.35, reflecting a 3.53% drop.
Mahindra & Mahindra Receives Positive Analyst Rating - 12 Nov, 2024
Motilal Oswal Financial Services has a buy call on Mahindra & Mahindra, projecting a target price of Rs 3,420, citing strong financial performance and growth potential.
Mahindra Previews Electric SUVs and Reports Strong Earnings - 11 Nov, 2024
Mahindra & Mahindra previews its upcoming electric SUVs, BE 6e and XEV 9e, set to launch on November 26. Additionally, the company reported a 12.9% YoY revenue growth in Q2FY25, maintaining a positive outlook with a target price of Rs 3,456.
Mahindra & Mahindra Unveils Electric Plans and Sales Growth - 10 Nov, 2024
Mahindra & Mahindra is set to unveil two electric brands at the Unlimit India event. The company reported a significant market cap increase and strong vehicle sales in October 2024, while the Thar Roxx faces delivery delays. The BE 6E's interior was teased ahead of its launch, with pricing expected between Rs 17 lakh to Rs 21 lakh.
Mahindra Prepares for Electric SUV Launch - 09 Nov, 2024
Mahindra & Mahindra is set to unveil two electric SUVs, BE 6e and XEV 9e, on November 26, 2024. Teasers reveal advanced interior designs and features, indicating a strong push into the EV market.
Mahindra & Mahindra Reports Strong Earnings and EV Launch - 08 Nov, 2024
Mahindra & Mahindra reported a 35% PAT growth in Q2, raised tractor growth forecast, and plans to launch two electric SUVs, boosting market confidence.
M&M Reports Strong Growth and Future Plans - 07 Nov, 2024
Mahindra & Mahindra shows robust growth with a 35% increase in Q2 PAT, strong tractor segment outlook, and plans for electric vehicle expansion amid high SUV demand.
Mahindra & Mahindra Sees Positive Growth Signals - 06 Nov, 2024
Mahindra & Mahindra is poised for strong revenue growth in Q2, driven by SUV and farm segments. CLSA highlights positive retail trends, boosting investor confidence. The appointment of a new Chief Business Officer aims to enhance sales and service.
Mahindra & Mahindra: Strong Performance and New Launches - 05 Nov, 2024
Mahindra & Mahindra shows strong stock performance and leadership in the electric vehicle sector. The company is set to launch new electric SUVs and offers significant discounts on the Thar model.
Mahindra & Mahindra Reports Record Sales, EV Launch Ahead - 04 Nov, 2024
Mahindra & Mahindra's stock surged following record SUV sales in October and upgrades from Goldman Sachs and Kotak. The company is set to unveil two electric SUVs later this month.
Mahindra Achieves Record Sales Growth in November - 03 Nov, 2024
Mahindra & Mahindra Ltd posted its highest monthly sales this fiscal year, achieving a 25% increase year-over-year, driven by successful new launches like the Thar Roxx and XUV700.
Mahindra Achieves Record Sales in October 2024 - 02 Nov, 2024
Mahindra & Mahindra celebrated its best-ever monthly sales with 96,648 units sold in October 2024, marking a 20% increase. The Thar ROXX received 1.7 lakh bookings in the first hour, contributing to strong SUV sales growth.
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 IMPACTBest in 1 Year
In the last 1 year, M&M has outperformed top 5 stocks with highest market-cap in Auto & Truck Manufacturers
- POSITIVE IMPACT
Revenue 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
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
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 7 days, M&M stock has moved up by 5.1%
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
News
Construction Chemicals Market Set for 6.22% CAGR Growth, Projected to Reach $99.74 Billion by 2031
InsightAce Analytic Pvt Ltd announces the release of a market assessment report on the Global Construction Chemicals Market Size Share Trends Analysis Report By Type Concrete Admixtures Water Proofing20 Nov, 2024 02:51 PMKaran Rai joins ICA Pidilite as Vice President
Chennai: Karan Rai has recently joined ICA Pidilite Private Ltd. as Vice President – Sales & Service. In this new role, Karan will be responsible for leading the company’s sales and service strategies20 Nov, 2024 05:36 PMMahindra & 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 (27.71x)
November 19, 2024
Industry (35.41x)
November 19, 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 1.27%.
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 ₹2936.25
Mahindra & Mahindra Ltd is listed on NSE
Mahindra & Mahindra Ltd is listed on BSE
- Today’s highest price of Mahindra & Mahindra Ltd is ₹2974.
- Today’s lowest price of Mahindra & Mahindra Ltd is ₹2918.
PE Ratio of Mahindra & Mahindra Ltd is 27.71
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 38.22L.
Today’s market capitalisation of Mahindra & Mahindra Ltd(M&M) is ₹366710.43Cr.
| Mahindra & Mahindra Ltd(M&M | Price |
|---|---|
52 Week High | ₹3222.1 |
52 Week Low | ₹1535 |
Mahindra & Mahindra Ltd(M&M) share price is ₹2936.25. It is down -8.87% from its 52 Week High price of ₹3222.1
Mahindra & Mahindra Ltd(M&M) share price is ₹2936.25. It is up 91.29% from its 52 Week Low price of ₹1535
| Mahindra & Mahindra Ltd(M&M | Returns |
|---|---|
1 Day Returns | -12.7% |
1 Month Returns | -1.64% |
3 Month Returns | 6.48% |
1 Year Returns | 89.07% |