Tuesday, March 21, 2023

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Mahindra & Mahindra share value: Purchase Mahindra & Mahindra, goal value Rs 1100: Religare Broking

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Broking has purchase name on Mahindra & Mahindra with a goal value of Rs 1100. The present market value of Mahindra & Mahindra is Rs 997.9. Time interval given by analyst is Intra Day when Mahindra & . value can attain outlined goal.

Mahindra & Mahindra Ltd., included within the yr 1945, is a Giant Cap firm (having a market cap of Rs 124114.13 Crore) working in Auto sector.

Mahindra & Mahindra Ltd. key Merchandise/Income Segments embrace Car-Gentle, Medium & Heavy Business, Jeep, Passenger Automobile, Sale of companies, Different Working Income for the yr ending 31-Mar-2021.

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Financials

For the quarter ended 31-03-2022, the corporate reported a Consolidated Complete Earnings of Rs 26215.47 Crore, up 10.22 % from final quarter Complete Earnings of Rs 23785.49 Crore and up 20.42 % from final yr identical quarter Complete Earnings of Rs 21770.81 Crore. Firm reported web revenue after tax of Rs 2047.75 Crore in newest quarter.

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Funding Rationale
Inventory made a brand new document excessive and is more likely to preserve this momentum

Promoter/FII Holdings
Promoters held 19.47 per cent stake within the firm as of 31-Mar-2022, whereas FIIs owned 42.59 per cent, DIIs 23.49 per cent.

(Disclaimer: Suggestions given on this part or any experiences connected herein are authored by an exterior celebration. Views expressed are that of the respective authors/entities. These don’t signify the views of Financial Instances (ET). ET doesn’t assure, vouch for, endorse any of its contents and hereby disclaims all warranties, specific or implied, regarding the identical. Please seek the advice of your monetary adviser and search impartial recommendation.



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