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Net Sales are expected to increase by 23.4 percent Y-o-Y (up 13.3 percent Q-o-Q) to Rs. 31,204.2 crore, according to PL Capital.
Improved revenue and reduced raw material costs led to better operating margins in auto segment
Morgan Stanley maintains its 'overweight' call and expects the Thar-maker to remain the fastest-growing passenger vehicle manufacturer in FY25
Mahindra & Mahindra's revenue growth on-year will be supported by robust performance in the automobile segment. However, the key thing to watch out for is auto production and tractor demand outlook.
The tractor segment continues to face challenges but should do better than the industry average
M&M shares have risen 11% in October to December quarter, which is equal to returns of Nifty 50 in the same period
Lower raw material prices led to a significant expansion in operating margins
According to the average of estimates of five brokerages, the company's net profit is expected to jump over 37 percent on-year to Rs 2,844 crore and revenue 20 percent to Rs 24,423 crore
A wide product range and a strong new-product pipeline will aid growth
Net Sales are expected to increase by 30.4 percent Y-o-Y (up 3.1 percent Q-o-Q) to Rs. 22,323.5 crore, according to Nirmal Bang.
A wide range of products and a strong new-product pipeline augur well for the auto company though the tractor segment remains a near-term worry
Net Sales are expected to increase by 29 percent Y-o-Y (up 2.7 percent Q-o-Q) to Rs. 22,229.8 crore, according to Motilal Oswal.
Supported by new products, strong demand, and lower commodity prices, the company is set on a strong growth path
The company’s strong leadership in farm equipment together with strong auto demand make it a candidate for the long-term portfolio
Net Sales are expected to increase by 54.5 percent Y-o-Y (up 4.8 percent Q-o-Q) to Rs. 20,562.9 crore, according to Prabhudas Lilladher.
The strong volume performance and price hikes undertaken by the company will reflect in a sturdy operating show for the June quarter.
Net Sales are expected to increase by 6 percent Y-o-Y (up 3.8 percent Q-o-Q) to Rs 12,209.4 crore, according to Motilal Oswal.
Net Sales are expected to increase by 6.7 percent Y-o-Y (up 6.2 percent Q-o-Q) to Rs 12,493 crore, according to ICICI Direct.
Mahindra & Mahindra's strong leadership in farm equipment, positive rural sentiment, and a slew of new products in the auto segment make it a candidate for the long-term portfolio
Net Sales are expected to increase by 121.1 percent Y-o-Y (down 8.3 percent Q-o-Q) to Rs. 12,385 crore, according to ICICI Direct.
Sharekhan expects 43.8 percent YoY growth in revenue and PAT at Rs 1,257 crore in Q4FY21, driven by robust rural demand and richer product mix (high share of tractor sales).
Overall volumes increased by 3 percent year-on-year in Q3FY21 led by 20 percent YoY increase in tractor volumes, though automobile volumes fell by 8 percent YoY.
Net Sales are expected to increase by 3 percent Y-o-Y (up 105 percent Q-o-Q) to Rs. 11,458 crore, according to ICICI Direct.
M&M is expected to do better than the industry riding on its new launches
Kotak Institutional Equities expects revenues to decline by 57 percent YoY, mostly in line with volume decline, and profit to fall 62 percent in quarter ended June 2020.