Mahindra and Mahindra Shares: Mahindra and Mahindra Shares Share Price on NSE/BSE
Mahindra and Mahindra Shares showed a jump of more than 5% on Tuesday and hit a fresh high record and the main reason for the increase in shares was that the company launched the compact SUV XUV 3XO. On Tuesday, M&M shares jumped by 5.15% and created a new high record of Rs 2,169.25. After that, M&M stock closed at Rs 2,159.90 compared to the previous closing price of Rs 2,062.05. M&M shares have given a return of above 49% in the last 6 months.
Synopsis
Mahindra and Mahindra Shares Launches new SUV XUV 3XO
The company has launched XUV 3XO, whose basic MX1 variant has a starting price of Rs 7.49 lakh. This new compact SUV is likely to compete with Tata Nexon, Hyundai Venue and Maruti Suzuki Brezza. M&M has said that one can apply online for bookings of XUV 3XO and Mahindra’s dealing will start from 15 May and its deliveries will start from 26 May. M&M’s latest compact SUV will be available in both petrol and diesel. The compact SUV will be manufactured at its Nashik facility.
Financial Metrices of Mahindra and Mahindra Shares
Today M&M shares started the day at Rs 2,073.05 and the high for the day was Rs 2,169.00 and low was Rs 2,073. Total market capitalization is Rs 2.58LCr. The stock’s 52-week high is Rs 2,169.00 and the stock’s 52-week low is Rs 1,208.05. The company is providing a dividend yield of 0.75% on the other hand it is providing the sector dividend yield of 0.46%. PE ratio of M&M shares is 23.17 and sector PE ratio is 57.26. PB ratio of stock is 3.85 and sector PB ratio is 57.26. M&M stock is overpriced but not in overbought zone.
Mahindra and Mahindra Shares Stock Peer Comparison with its Competitors
It is the peer comparison between M&M Ltd and some other leading competitive industries. In this, it has been told that what has been the performance of Mahindra and Mahindra Finance stock and its competitors in the last few years and before making any investment make sure to consult with an expert.
| Industry Name | PE Ratio | 1 Year Return | Buy Recommendation by Experts |
| M&M (Mahindra & Mahindra) Ltd | 23.17 | 74.57% | 91% |
| Maruti Suzuki India Ltd | 29.88 | 46.04% | 70.27% |
| Tata Motors Ltd | 153.13 | 109.87% | 68.97% |
| Force Motors Ltd | 33.22 | 606.12% | 0% |
| Popular Vehicles and Services Ltd | 25.76 | 16.04% | 0% |
Financial history of Mahindra and Mahindra Shares Shares
M&M (Mahindra & Mahindra) Limited Shares listed on both National Stock Exchange (NSE) and BSE (Bombay stock Exchange). If we check its financial growth history of M&M (Mahindra & Mahindra) Ltd stock, it has given a return rate of 234.45% in the last 5 years and it has given a return rate of 74.57% in the last 1 year.
M&M shares have given a very good performance and now it is going to launch a new compact SUV. In the last 6 months, M&M (Mahindra & Mahindra) Ltd stock has given a return rate of 48.59% to its shareholders and now if we talk about Financial Year 24, it has performed very well in the last 1 month and has given a return rate of 12.73%.
In the last 5 years, M&M (Mahindra & Mahindra) revenue growth has increased by 5.65% compared to the industry average growth rate of 4.67% and net income in the last 5 years has increased by 6.48% compared to the industry average growth rate of -3.06%. M&M (Mahindra & Mahindra)market share has increased from 20.03% to 20.82%.
About Mahindra & Mahindra Ltd
M&M (Mahindra & Mahindra) Ltd is an automobile manufacturing company. This company was established on 2 October 1945 in Ludhiana, whose name was Mahindra & Mohammed and later its name was changed to Mahindra & Mahindra. M&M (Mahindra & Mahindra) Ltd is the leading company among the vehicle manufacturing production companies in India. M&M (Mahindra & Mahindra) Ltd is a part of Mahindra Group. The headquarters of M&M (Mahindra & Mahindra) Ltd is in Mumbai, India and its founders are Malik Ghulam Muhammad, Jagdish Chandra Mahindra, Kailash Chandra Mahindra. More than 2,60,000 employees work here. Anish Shah is the CEO of M&M (Mahindra & Mahindra) Ltd.
Mahindra and Mahindra Shares Share Price Target
The share price target of M&M (Mahindra & Mahindra) depends on the financial growth of the stock and its market value. M&M shares price target for 2024, 2025,2026 and 2030 are as below. This is just an estimation which is calculated through technical factors.
Mahindra and Mahindra Shares Share Price Target for 2024
Share price target of M&M (Mahindra & Mahindra) for 2024 could be or above Rs 2500.00. This share price target could be increase if the market trends remains bullish.
Mahindra and Mahindra Shares Share Price Target for 2025
Share price target of M&M (Mahindra & Mahindra) for 2024 could be or above Rs 2815.00. From last 5 years it has shows great performance so it could be a good financial investment.
Mahindra and Mahindra Shares Share Price Target for 2026
Share price target of M&M (Mahindra & Mahindra) for 2024 could be or above Rs 3001.05.
Mahindra and Mahindra Shares Share Price Target for 2030
Share price target of M&M (Mahindra & Mahindra) for 2024 could be or above 3815.00. This is just a prediction not the exact target price and before making any financial investment consult with your financial expert.
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