M&M share price target 2025

The blog post aims to derive M&M share price target 2025, M&M share price target 2024, M&M share price target 2030, M&M shareholding pattern, M&M share price target 2028, and about the company. We will be working around the technicals as well as the fundamentals of the company to derive the same.

About M&M

Before jumping on to M&M share price target 2025, let us learn about the company. Mahindra & Mahindra was established in the year 1945. It is a multinational automotive company that has its headquarters in Mumbai, Maharashtra. M&M was founded as a steel trading company and it eventually ventured into the manufacturing of automobiles. Mahindra & Mahindra Group acquired companies like Punjab Tractor Ltd., Gujarat Tractors, Kinetic Motors, REVE electric car company, SsangYong Motor, Peugeot Motorcycles etc.

The global subsidiaries of M&M are Mahindra Europe, Mahindra South Africa, Mahindra Australia, Mahindra Brazil & Mexico, etc. M&M is currently headed by Mr. Anand Mahindra in the capacity of Chairman. Dr. Anish Shah is the Managing Director & CEO of Mahindra & Mahindra Group. The company is into the manufacturing of automobiles, tractors, motorcycles, and commercial vehicles.

Some of the well-known models of the company are:

Technical chart of M&M share price

The study of M & M share price action will be done by studying the chart on the monthly time frame. The upcoming paragraphs are based on our experience and learning of the stock markets.

The first arrow is the starting point of this analysis. The high of this level is Rs 218.5 on 1st Jan 2008. This level is a long-term support for M&M share price. The break out of this level was achieved by the price action on 1st Sep 2009 as indicated by the second arrow. Post this breakout, the price doubled within two years and reached the level of Rs 438.65.

After this, the price reached Rs 513 and then retraced to the low of Rs 370 and kept on oscillating between these two levels. The price kept on consolidating for another three years within this zone and the price action remained sideways. The Rs 513 level was breached in April 2014 and reached a high of Rs 993 in September 2018. This is an appreciation of 93% within such a short time.

The price did not sustain at this level and fell to lows of Rs 245 in March 2020. This was the time when the world markets crashed due to COVID-19. The price started the upward move from April 2020 and again reached the level of Rs 979 by the month of November 2021. The price remained near this level for another four months and then breached this level. After this breakout, the price reached an all-time high level of Rs 1670 and has been hovering near it till now.

Cup and Handle Pattern – M&M share price

The pattern is shown in the picture above. The pattern is named so that the price action represents the shape of a teacup and its handle. The target in a cup and handle pattern is the depth of the cup and the stop loss of this pattern is 50% of this target or depth. Here, the depth of the Cup is 748. So the target of M&M share price post the pattern formation is Rs 1741, which is almost achieved. The stop loss here is 374, i.e., if the price comes below 619, then the investor needs to exit.

Fundamentals – M&M share price

The fundamentals of M&M share price are shared in the table below. The revenue of the company stood at Rs 1.21 lac crores in the financial year closing 2023 and the net profit earned is at Rs 11374 cr. The company has delivered 6% compounded sales growth and 10% compounded profit growth in the last ten years. The current book value of M&M share price is Rs 486. The stock is trading at 3.17 times the book value.

Mar-19Mar-20Mar-21Mar-22Mar-23
Revenue (in cr)104721753827427690171121269
Expenses (in cr)89514652246279175488100983
Operating profit (in cr)1520710158114871468320285
PBT(in cr)887116553158936214060
Tax %32%119%52%23%19%
Net Profit (in cr)6017-3211512725311374
EPS42.71.0214.552.982.6
Profit & Loss statement

The price-to-earnings ratio of the company is 17.7 and the current M&M share price is Rs 1540. The company has delivered an ROCE and an ROE of 12.5% and 18% respectively. The concern area is that the promoter’s shareholding is only 19.37%. The competitors of M&M are Maruti Suzuki, Hindustan Motors, etc.

M&M shareholding pattern

The table below shows the shareholding pattern of M&M. The promoter shareholding in M&M is at only 19.37%, which is quite low. FIIs hold 39.24% of the company’s stake and the DIIs stake is at 27.6%. The public shareholding is at 9.8% only.

Shareholding pattern

M&M share price target 2025 to 2030

The Mahindra and Mahindra share price targets for the upcoming years are derived from our experience and learning in the markets. The Mahindra and Mahindra share price target 2024 is Rs 1950. The Mahindra and Mahindra share price target 2027 is Rs 1975.

The Mahindra and Mahindra share price target 2030 is Rs 2540.

M&M share price target 2025 to 2030

What is Mahindra and Mahindra share price target 2024?

The share price target of Mahindra and Mahindra for the year 2024 may be Rs 1950.

What is Mahindra and Mahindra share price target 2025?

The share price of Mahindra and Mahindra for the year 2025 may be Rs 1420.

What is Mahindra and Mahindra share price target 2028?

The share price of Mahindra and Mahindra may reach Rs 2255 by the year 2028.

What is M&M share price target 2030?

The M&M share price target 2030 is Rs 2540.

What is M&M share price target 2027?

M&M share price target 2027 is Rs 1975.

What is M&M share price history?

M&M share price history can be checked on the websites like nseindia, tradingview, etc.

How to check Mahindra and Mahindra share price live chart?

Mahindra and Mahindra share price live chart can be checked on websites like tradingview, chartink, etc.

What is M&M share dividend?

M&M share price dividend can be checked on the websites like screener, nseindia, etc.

What is M&M share price today?

M&M share price today can be checked on the website nseindia.

What is Mahindra and Mahindra share price target tomorrow?

M&M share price target tomorrow can be speculated by analyzing the options chain, technical chart, etc.

Disclaimer

The above blog is written to educate the readers about the company, its working areas, and how to check the fundamental as well as technical aspects of the price action charts. This is not investment advice and is not to be taken as one. readers are advised to speak to their personal financial advisors before making any financial decision. We are not SEBI-registered analysts. Investments in the market are subject to risks. Readers who wish to learn more please check the links below:

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