Mahindra & Mahindra Stock: Buy Mahindra & Mahindra, target price Rs 1575: BNP Paribas | Tech US News

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Securities has a Buy call on Mahindra & Mahindra with a target price of Rs 1575. The current market price of Mahindra & Mahindra is Rs.1353.1.

Mahindra and

., incorporated in the year 1945, is a large cap company (having a market cap of Rs. 168881.49 Crore) operating in the Auto sector.

Major Products/Revenue Segments of Mahindra & Mahindra Limited include Automobile Light, Medium & Heavy Commercial, Jeep, Passenger Car, Sales of Services, Scrap, Other Operating Revenue for the year ended 31-Mar-2022.

Finance

For the quarter ended 30-06-2022, the company reported a total revenue of Rs 28628.39 crore, which is 9.20% higher than the total revenue of Rs 26215.47 crore in the previous quarter and compared to the corresponding quarter last year. It is 47.81% higher. The company reported a profit after tax of Rs 1918.04 crore in the latest quarter.


Promoter/FII Holdings
Promoters held 19.38 per cent stake in the company as on 30-Sep-2022, while FIIs held 43.61 per cent, DIIs 28.39 per cent.

(Disclaimer: The recommendations given in this section or any reports linked thereto are authored by an external party. The views expressed are those of the respective authors/institutions. They do not represent the views of the Economic Times (ET). are). ET does not guarantee, does not guarantee. for, endorse any of its content and hereby disclaim all warranties, express or implied, relating thereto. Please consult your financial advisor and get independent advice.

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