Mahindra & Mahindra Ltd., included within the yr 1945, is a Massive Cap firm (having a market cap of Rs 117096.31 Crore) working in Auto sector.
Mahindra & Mahindra Ltd. key Merchandise/Income Segments embody Vehicle-Gentle, Medium & Heavy Industrial, Jeep, Passenger Automobile, Sale of companies, Different Working Income for the yr ending 31-Mar-2021.
Financials
For the quarter ended 31-12-2021, the corporate reported a Consolidated Complete Earnings of Rs 23785.49 Crore, up 9.43 % from final quarter Complete Earnings of Rs 21735.96 Crore and up 8.77 % from final yr identical quarter Complete Earnings of Rs 21867.78 Crore. Firm reported internet revenue after tax of Rs 2066.60 Crore in newest quarter.
Funding Rationale
Breakout above a bullish flag like formation and MACD in purchase mode
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 studies connected herein are authored by an exterior get together. Views expressed are that of the respective authors/entities. These don’t symbolize the views of Financial Instances (ET). ET doesn’t assure, vouch for, endorse any of its contents and hereby disclaims all warranties, categorical or implied, referring to the identical. Please seek the advice of your monetary adviser and search impartial recommendation.
