If you’re always looking for a good investment opportunity, you might be interested in Mahindra and Mahindra Ltd’s share price target for the coming few years. Mahindra and Mahindra Ltd is a popular stock among investors because of its established track record of steady growth and a prestige for innovation in the automobile industry. But, given the market’s uncertainties, is it a good stock to buy? Throughout this article, we’ll look more closely at Mahindra and Mahindra Ltd’s financials and share price targets from 2023 to 2030, to assist you in making a smart investment decision.
Latest news about Mahindra and Mahindra Ltd
➤As it narrows its attention on the current internal combustion engine-powered SUV operations, where it has been struggling to address the supply-demand mismatch, Mahindra & Mahindra has recast responsibilities of senior executives and created a new post of a CEO for the automotive company. As it plots a course for the developing electric SUV portfolio, it has named a chief operating officer for the recently established electric vehicle division.
➤M&M’s crosses 62294 sales in April 2023 whereas the farm equipment sector falls by 10% to around 35400 units in the same month.
Below are the trading platforms that you can use to purchase Mahindra and Mahindra shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
When | Maximum Price | Minimum Price |
May 2023 | ₹1,182.45 | ₹909.58 |
June 2023 | ₹1,418.95 | ₹1,091.50 |
July 2023 | ₹1,702.73 | ₹1,309.80 |
August 2023 | ₹1,873.01 | ₹1,440.77 |
September 2023 | ₹1,966.66 | ₹1,512.81 |
October 2023 | ₹1,873.01 | ₹1,440.77 |
November 2023 | ₹2,060.31 | ₹1,584.85 |
December 2023 | ₹2,307.55 | ₹1,775.03 |
The table represents the predicted share prices for Mahindra and Mahindra Ltd for the year 2023. The maximum and minimum prices for each month are listed, indicating the potential range of price movements for the stock. The growth percentage of the stock during this period can be calculated by comparing the maximum and minimum prices for each month. Looking at the table, it appears that there is a bullish trend in the stock’s performance, with a general uptrend in prices over the course of the year. Investors who are interested in the stock may want to monitor the stock’s performance throughout the year and take advantage of any opportunities that may arise. However, it is important to keep in mind that stock market predictions are not always accurate and that investing always involves some degree of risk.
When | Maximum Price | Minimum Price |
January 2024 | ₹2,428.99 | ₹1,868.46 |
February 2024 | ₹2,729.21 | ₹2,274.34 |
March 2024 | ₹2,872.85 | ₹2,335.65 |
April 2024 | ₹2,611.68 | ₹2,008.99 |
May 2024 | ₹2,176.40 | ₹1,674.16 |
June 2024 | ₹2,611.68 | ₹2,008.99 |
July 2024 | ₹2,219.93 | ₹1,720.88 |
August 2024 | ₹2,441.92 | ₹1,938.03 |
September 2024 | ₹2,564.02 | ₹1,972.32 |
October 2024 | ₹3,016.49 | ₹2,320.38 |
November 2024 | ₹3,167.32 | ₹2,436.40 |
December 2024 | ₹3,230.66 | ₹2,485.13 |
Looking at the table of Mahindra and Mahindra Ltd share price predictions for 2024, it appears that there may be some volatility in the stock’s performance. While there are some months where the maximum and minimum prices are relatively close together, indicating a more stable performance, there are other months where the difference between the maximum and minimum prices is quite significant. This suggests that investors who are interested in the stock may need to be prepared for some potential fluctuations in the stock’s price throughout the year. However, the overall trend seems to be positive, with the stock expected to see some growth in the coming year. The maximum share price target for the year is Rs 3,230.66, while the minimum share price target is Rs 1,674.16. This indicates a potential return of up to 93% for investors who are able to buy the stock at its lowest point and sell at its highest point.
When | Maximum Price | Minimum Price |
January 2025 | ₹3,295.28 | ₹2,534.83 |
February 2025 | ₹3,468.71 | ₹2,668.24 |
March 2025 | ₹3,642.15 | ₹2,801.65 |
April 2025 | ₹3,251.92 | ₹2,501.48 |
May 2025 | ₹2,956.29 | ₹2,274.07 |
June 2025 | ₹3,251.92 | ₹2,501.48 |
July 2025 | ₹3,097.06 | ₹2,382.36 |
August 2025 | ₹3,226.11 | ₹2,481.62 |
September 2025 | ₹3,387.41 | ₹2,605.70 |
October 2025 | ₹3,590.66 | ₹2,762.05 |
November 2025 | ₹3,842.01 | ₹2,955.39 |
December 2025 | ₹3,918.85 | ₹3,014.50 |
Looking at the table, we can see that the share price target for Mahindra and Mahindra Ltd in 2025 is expected to continue its upward trend, with a maximum target of ₹3,918.85 and a minimum target of ₹2,274.07. The average target price for the year is estimated to be around ₹3,300, which indicates an upside potential of over 20% from the current share price. Based on this data, analysts recommend a buy recommendation for the stock, as it is expected to deliver a strong return in the long term. However, it is important to keep in mind that stock prices are subject to market volatility and may not always meet their target prices.
Year | Maximum Price | Minimum Price |
2023 | ₹2,307.55 | ₹909.58 |
2024 | ₹3,230.66 | ₹1,868.46 |
2025 | ₹3,918.85 | ₹2,501.48 |
2026 | ₹2,743.19 | ₹1,920.23 |
2027 | ₹2,331.71 | ₹1,632.20 |
2028 | ₹4,197.08 | ₹2,937.96 |
2029 | ₹8,621.46 | ₹6,035.02 |
2030 | ₹9,601.17 | ₹6,720.82 |
According to the given data, the Mahindra and Mahindra Ltd share price target for 2026 to 2030 is quite volatile. In 2026, the maximum price is predicted to be ₹2,743.19, while the minimum price is expected to be ₹1,920.23. The share price is expected to experience a slight decline compared to the previous years. However, in 2028, the share price is predicted to rise significantly, with a maximum price target of ₹4,197.08 and a minimum price target of ₹2,937.96. Similarly, in 2029 and 2030, the share price is expected to continue the bullish trend, with the maximum price target being ₹8,621.46 and ₹9,601.17, respectively. It is important to note that these targets are subject to change based on various economic and market factors. Therefore, investors should thoroughly research and analyze the stock before making any investment decisions.
Financial Condition of Mahindra and Mahindra Ltd: Last 5 years
Narration | Mar-18 | Mar-19 | Mar-20 | Mar-21 | Mar-22 |
Sales | 92,093.95 | 1,04,720.68 | 75,381.93 | 74,277.78 | 90,170.57 |
Expenses | 78,867.85 | 89,514.17 | 65,224.18 | 62,790.76 | 75,487.72 |
Operating Profit | 13,226.10 | 15,206.51 | 10,157.75 | 11,487.02 | 14,682.85 |
Other Income | 4,366.41 | 2,676.45 | 884.69 | 1,151.51 | 3,204.47 |
Depreciation | 3,279.90 | 3,990.77 | 3,366.68 | 3,378.11 | 3,507.50 |
Interest | 3,987.09 | 5,021.35 | 6,021.15 | 6,102.22 | 5,018.05 |
Profit before tax | 10,325.52 | 8,870.84 | 1,654.61 | 3,158.20 | 9,361.77 |
Tax | 2,367.73 | 2,853.99 | 1,975.61 | 1,645.81 | 2,108.76 |
Net profit | 7,510.39 | 5,315.46 | 127.04 | 1,812.49 | 6,577.32 |
EPS | 60.41 | 42.76 | 1.02 | 14.58 | 52.91 |
Price to earning | 12.23 | 15.76 | 278.85 | 54.55 | 15.24 |
Price | 738.9 | 673.9 | 284.95 | 795.25 | 806.55 |
RATIOS: | |||||
Dividend Payout | 10.85% | 17.40% | 205.06% | 53.60% | 19.53% |
OPM | 14.36% | 14.52% | 13.48% | 15.46% | 16.28% |
Looking at Mahindra and Mahindra Ltd’s financial bank statement of the last five years, the company has experienced fluctuations in its profit and loss. The revenue growth rate for the company has been inconsistent, with a high of ₹1,04,720.68 crores in March 2019 and a low of ₹74,277.78 crores in March 2021. However, the company’s net profit has shown a steady growth rate from ₹7,510.39 crores in March 2018 to ₹6,577.32 crores in March 2022, with a maximum of ₹8,870.84 crores in March 2019. The EPS has also been fluctuating. from 48.68 to 79.47 in one year. The price-to-earnings ratio has been relatively stable, with a maximum of 408.53 in July 2020 and a minimum of -153.57 in March 2021. The company’s dividend payout ratio has been inconsistent, with a maximum of 205.06% in March 2020 and a minimum of 10.85% in March 2018. Overall, the company has shown some percentage growth in profit and revenue, but with fluctuations in its financial statements over the last five years.
Prabhudas Lilladher on Mahindra and Mahindra Ltd share price target
Prabhudas Lilladher has given a buy call on Mahindra and Mahindra Ltd. According to him, you can continue buying Mahindra and Mahindra share with a target price of Rs1560.
Motilal Oswal on Mahindra and Mahindra Ltd share price target
Motilal Oswal has given a buy call on Mahindra and Mahindra Ltd. According to him, you can continue buying Mahindra and Mahindra share with a target price of Rs1550.
ICICI Direct on Mahindra and Mahindra Ltd share price target
ICICI Direct has given a buy rating to Mahindra and Mahindra Ltd. with a price target of Rs 1590.
FAQS
As of May 2023, the current share price of Mahindra and Mahindra Ltd is around 1275 INR.
Based on market analysis and expert opinions, the share price target for Mahindra and Mahindra Ltd for the years 2023-2030 is expected to be between 3000-4000 INR.
While it is difficult to predict the exact share price of any stock, based on current market trends and historical data, it is unlikely that Mahindra and Mahindra Ltd’s share price will reach 5000 INR by 2025.
Factors like the company’s financial performance, market competition, government policies, global economic conditions, and consumer demand can impact the share price of Mahindra and Mahindra Ltd.
Is Mahindra and Mahindra Ltd a good stock to buy?
Mahindra and Mahindra Ltd has a strong presence in various sectors and has shown steady growth in its financial performance in recent years. While no stock is completely risk-free, Mahindra and Mahindra Ltd is considered a good stock to buy for long-term investment.
What is the dividend payout ratio of Mahindra and Mahindra Ltd?
The dividend payout ratio of Mahindra and Mahindra Ltd has varied over the years, ranging from 10.85% to 205.06%, depending on the company’s financial performance.
How has Mahindra and Mahindra Ltd’s revenue growth been in the past five years?
Mahindra and Mahindra Ltd’s revenue growth has been inconsistent in the past five years, with a maximum of 1,04,720.68 crores in March 2019 and a minimum of 74,277.78 crores in March 2021.
What has been Mahindra and Mahindra Ltd’s profit growth in the past five years?
Mahindra and Mahindra Ltd’s profit growth has also been inconsistent in the past five years, with a maximum of 7,510.39 crores in March 2018 and a minimum of 127.04 crores in March 2020.
What is Mahindra and Mahindra Ltd’s price to earnings (P/E) ratio?
Mahindra and Mahindra Ltd’s P/E ratio has varied over the years, ranging from 12.23 to 278.85, depending on the company’s financial performance. As of May 2023, the P/E ratio is around 16.04.
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Conclusion
Finally, Mahindra and Mahindra Ltd clearly shows consistent income growth over the last five years, with a 2.3% increase in revenue from FY18 to FY22. Despite a drop in revenues in FY20, the company recovered strongly in FY21 and FY22, with PAT growing by 74% and 263%, respectively. The estimated yearly share price for 2025 is approximated to be 3,210, representing a 25% increase over the current market price. Looking forwards, the company’s financials indicate a promising outlook, with PAT growth of 19% projected over the next two years. Considering the present state of the market and the company’s prospects for the future, Mahindra and Mahindra Ltd’s shares appear to be a good long-term investment option.
What did we learn?
- 1 Latest news about Mahindra and Mahindra Ltd
- 2 How to purchase Mahindra and Mahindra Ltd shares?
- 3 Mahindra and Mahindra Ltd Share Price Prediction: 2023 to 2030.
- 4 Financial Condition of Mahindra and Mahindra Ltd: Last 5 years
- 5 Mahindra and Mahindra Ltd share price target by Experts
- 6 FAQS
- 6.1 What is the current share price of Mahindra and Mahindra Ltd?
- 6.2 What is the share price target of Mahindra and Mahindra Ltd for the years 2023-2030?
- 6.3 Can Mahindra and Mahindra Ltd’s share price reach 5000 INR by 2025?
- 6.4 What factors can impact the share price of Mahindra and Mahindra Ltd?
- 6.5 Is Mahindra and Mahindra Ltd a good stock to buy?
- 6.6 What is the dividend payout ratio of Mahindra and Mahindra Ltd?
- 6.7 How has Mahindra and Mahindra Ltd’s revenue growth been in the past five years?
- 6.8 What has been Mahindra and Mahindra Ltd’s profit growth in the past five years?
- 6.9 What is Mahindra and Mahindra Ltd’s price to earnings (P/E) ratio?
- 7 Conclusion