Mahindra & Mahindra share worth: Purchase Mahindra & Mahindra, goal worth Rs 1065: HDFC Securities

HDFC Securities has purchase name on Mahindra & Mahindra with a goal worth of Rs 1065. The present market worth of Mahindra & Mahindra is Rs 933. Time interval given by analyst is one yr 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 115330.97 Crore) working in Auto sector.

Mahindra & Mahindra Ltd. key Merchandise/Income Segments embrace Car-Gentle, Medium & Heavy Industrial, Jeep, Passenger Automobile, Sale of providers, Different Working Income for the yr ending 31-Mar-2021.


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


Funding Rationale
The TP of INR1,065/sh relies on SOTP valuation of (a) core enterprise valued at 16x FY24e EPS; (b) listed subsidiaries valued at CMP and unlisted at guide. Dangers: Increased-than-expected enter price strain and uncertainty round chip availability.

Promoter/FII Holdings
Promoters held 19.47 per cent stake within the firm as of 31-Mar-2022, whereas FIIs owned 42.59 per cent, DIIs 23.49 per cent.

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