M&M Share Price Target The share price goal of Mahindra & Mahindra Limited is subject to numerous aspects that investors need to consider and navigate. We will provide investors with information about several aspects impacting India’s global automobile company in this article. In 1945, the brothers Kailash Chandra Mahindra and Jagdish Chandra Mahindra, who were located in Ludhiana, founded M&M, also known as Mahindra & Mahindra.
The M&M corporation was founded as a steel trading company and has grown into one of the largest companies in the Indian automotive industry, operating in the passenger car, commercial vehicle, and tractor categories. Investors will learn about the many parts of the M&M Share Price Predictions going forward in this article, along with other thought-provoking details like the M&M Share Price Target 2025 and future projections.
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M&M Latest News
M&M Share Price Today opened at Rs 1865 in the early morning at 9:16 am on the National Stock Exchange. Against its previous close at the same share price of Rs 1865, the M&M NSE stock is currently trading at Rs 1875 per share, up by 0.49%. In a major collaboration news, Mahindra and Mahindra Group are joining hands with the ATEL (Adani Total Energies E Mobility) in order to escalate the EV Charging Infrastructure Game plan in the country. Apart from setting up Charging stations, M&M and ATEL companies are looking to solve electric mobility problems to enhance the experience of their users in India, which includes navigation, availability and payment methods. In February 2024, Mahindra & Mahindra Ltd automobile company was riding high on its SUV sales growth by 40% margin to 42,401 units (YOY). The Overall production of the company grew by 26% to 71,284 units.
M&M Share Price Target 2025, 2026, 2027, 2028 To 2030
The Mahindra & Mahindra (M&M) corporation released financial statistics for the fiscal year 2023 that showed improvement on every front. But it’s difficult to compete with Tata Motors in the passenger car market, particularly in the hatchback segment. In the market for compact passenger cars, Maruti leads. The M&M faces a hurdle in trying to establish itself in the small and mid-size hatchback passenger car market.
With the introduction of the “XUV” series, Mahindra & Mahindra Ltd. made its debut in the sports utility vehicle (SUV) market following the decades-long success of its most popular SUV model, the Mahindra “Scorpio.” Nevertheless, the market for SUVs is now congested. Players in the fiercely competitive race to attract auto buyers include Hyundai, Toyota, and MG Group.
The Motilal Oswal Market Expert has a “Buy” recommendation for Mahindra and Mahindra stock, with a share price target of Rs 2,005 for the company. Toyota and Hyundai are two competitors that the nation’s top SUV manufacturer, Mahindra & Mahindra, may have to contend with. The monthly sales of Mahindra SUV cars are something that investors need to be aware of.
M&M EBITDA 2023 rose by 38% to Rs 193.86 billion, indicating a strong cash profit for the carmaker based in India. Mahindra & Mahindra’s sales increased by 34.39% to Rs 1.22 trillion, while M&M’s net income increased by 56.32%.
Conclusion
The strength of the company’s finances and monthly sales in the robust SUV market are only two of the several variables that affect the share price of M&M Automobile Company. In every area, Mahindra and Mahindra Limited’s annual financial report from the prior year showed a strong growth rate. The company’s stock is a steady but swift tortoise in the market, according to M&M’s share price history over the previous five years; it has increased by 178% since 2019 on the National Stock Exchange. The price of Mahindra & Mahindra Share Price has performed well during the previous year and the previous six months, but it has struggled in the last 30 days of trade. Since its share price of Rs. 23 on February 23.
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FAQs
What is the NSE M&M Share Price Target 2024?
It is anticipated that the M&M Share Price Target for 2030 will stay between Rs 2,310 and Rs 3,183.
What is the M&M Share Price Target 2025?
The range of the M&M share price target for 2025 is Rs 2,094 to Rs 1,780.
What is the M&M Share Price Target 2026?
The target price for M&M shares in 2026 is expected to range from Rs 2,208 to Rs 1,966.
What is the M&M Share Price Target 2027?
The range of the M&M share price target for 2027 is Rs 2,399 to Rs 2,045.
What is the M&M Share Price Target 2028?
The range of the M&M share price target for 2028 is Rs 2,637 to Rs 2,130.
What is the NSE M&M Share Price Target 2030?
It is anticipated that the M&M Share Price Target for 2030 will stay between Rs 2,310 and Rs 3,183.
