Mahindra & Mahindra share worth: Purchase Mahindra & Mahindra, goal worth Rs 1000: ICICI Direct


ICICI Direct has purchase name on Mahindra & Mahindra with a goal worth of Rs 1000. The present market worth of Mahindra & Mahindra is Rs 819.45. Time interval given by analyst is 3 months when Mahindra & Mahindra Ltd. worth can attain outlined goal.




Mahindra & Mahindra Ltd., included within the yr 1945, is a Giant Cap firm (having a market cap of Rs 101892.06 Crore) working in Auto sector.

Mahindra & Mahindra Ltd. key Merchandise/Income Segments embody Vehicle-Mild, Medium & Heavy Business, Jeep, Passenger Automobile, Sale of companies, Different Working Income for the yr ending 31-Mar-2021.

Financials

For the quarter ended 31-12-2021, the corporate reported a Consolidated Complete Revenue of Rs 23785.49 Crore, up 9.43 % from final quarter Complete Revenue of Rs 21735.96 Crore and up 8.77 % from final yr similar quarter Complete Revenue of Rs 21867.78 Crore. Firm reported internet revenue after tax of Rs 2066.60 Crore in newest quarter.

Funding Rationale
The inventory has taken help close to Rs 800-850 ranges in a number of cases. Additionally, trying on the important supply quantity exercise in January 2022 after which in early February 2022, these ranges appear very essential. In such a situation, the optimistic bias could proceed within the inventory until these ranges are held


Promoter/FII Holdings
Promoters held 19.47 per cent stake within the firm as of 31-Dec-2021, whereas FIIs owned 44.36 per cent, DIIs 22.11 per cent.

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