Buy Mahindra and Mahindra: target of Rs 872 : Sharekhan

Trade

• Watchlist
• Portfolio
• Message
• Set Alert

 

 

Choose Stock Exchange: BSE LIVE NSE LIVE

26 Aug, 2025 12:21

Volume

Todays L/H

More

×

Sharekhan's research repor on Mahindra and Mahindra

We expect M&M to benefit from leadership position in tractor segment, strengthening position in LCV segment and steady market share in UV segment. Concrete steps to achieve 18% RoE from all businesses, by exiting loss-making subsidiaries and focusing on core businesses make a case for re-rating stock. M&M attractively valued with P/E multiple of 17.7x and EV/EBITDA multiple of 9.4x its FY2023E estimates; it trades at a discount to long-term average multiples.

Outlook

We maintain a Buy on Mahindra and Mahindra (M&M) with a revised PT of Rs. 872, factoring higher multiples and higher value of subsidiaries.

For all recommendations report, click here

Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

Read More