M&M Share Price Target 2024-2030 Fundamentals & Quarterly Results

M&M Share Price Target 2024, 2025, 2026, 2027, 2028, 2029, 2030 Fundamentals & Quarterly Results– One of India’s most diversified automotive companies is Mahindra and Mahindra Limited. Two-wheelers, three-wheelers, PVs, CVs, tractors & earthmovers are just some of the products offered by the company. It is also present in different sectors such as financial services, auto components, hospitality, infrastructure, retail, logistics, steel trading and processing, IT businesses, agri, aerospace, consulting services, defence, energy and industrial equipment through its subsidiaries and group companies.

Latest Update – On Wednesday, the main car manufacturer Mahindra & Mahindra (M & M) reported that their stand-alone net income had dropped by 5%, bringing it down to Rs 2,613 crores for the first quarter ending in June 2024. In comparison, this figure was Rs 2,759 crores previous year.

M&M Overview

Kailash Chandra Mahindra and Jagdish Chandra Mahindra from Ludhiana founded M&M (M&M) in 1945. The firm was initially a steel trade outlet but now dominates India’s Vehicle manufacture sector such as Passenger cars and Commercial Vehicles.

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M&M Business Profile

In India, this business is the fourth major Passenger Motorcar enterprise, second major Commuter Vehicle business, and is the biggest small commercial vehicle marketer (LCV). It has a 21% share of the market when it comes to sport utility vehicles (SUVs) and accounts for 50% on those light commercial vehicle markets. India’s bestselling sports utility vehicle (SUV) model is made by this company.

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Farm Equipment Division

In the domestic tractor industry, the company currently holds around 42% market share as at Q3FY24. In India, it has been the lead manufacturer for the past 40 years in succession in the country’s tractor business. The entity engages in substantial farming operations internationally and operates in four out of five biggest world markets such as USA, Brazil, Mexico and Turkey.

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The firm plans to establish a new factory in Pithampur for the manufacture of rice transplanters, potato planters, and harvesters. The aggregate sum of 200 crore rupees is intended for investment together with suppliers in establishing the factory here.

Other Businesses

1. Mahindra Powerol – To the telecom industry, Mahindra Powerol is a lead provider for backup power.

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2. Construction Equipment – Earthmoving, road construction and other equipment are sold under this business.

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3. 2-Wheeler Business – The 2-wheeler business is a minor part of Mahindra’s operations; however they own some legendary brands in this category including ‘Jawa Motorcycles’ which was established over 100 years ago.

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4. Last Mile Mobility – The organization is a part of the Electronic three-wheeler market. In the segment of Electronic three-wheeler, it produces Alfa, Treo, and Zor Grand. * The organization has a 59.5% market share of Electronic three-wheeler as the leader in the market. During FY24, the Company opened 65 LMM Exclusive outlets.

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Manufacturing Capabilities

The company operates a collective of 66 production facilities dedicated towards crafting cars, tractors, and farm machinery as well as motorcycles in addition to other products. A break down of this implies that 41 of these plants are based in India while others 27 can be found in USA, Turkey, UAE, Algeria among many other nations globally. There are also research & development centers located in America, China, Japan, India, Turkey and other European countries such as Finland, Italy, France and England.

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Collaboration with Volkswagen

On February 24th, the company entered into a supply deal with Volkswagen, under which Mahindra will install VW´s MEB electric components as well as standardized cells for some of its e-platforms called INGLO.

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M&M Fundamentals & Quarterly Results

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M&M Quarterly Results

CAGR Report

M&M Shareholding Pattern

M&M Share Price Target 2024-2030 Forecast

M&M Share Price Target 2025

M&M Share Price Target 2026

M&M Share Price Target 2027

M&M Share Price Target 2028

M&M Share Price Target 2029

M&M Share Price Target 2030

Official Website – mahindra.com