- Mahindra sold a total of 66,444 automotive units in July 2024.
- Exports for automotive units stood at 1,515 units.
- Passenger vehicle sales accounted for 41,623 units.
- Commercial vehicle sales reached 19,713 units.
- Tractor sales were robust with 25,587 units sold.
- Tractor exports were recorded at 1,622 units.
- Shares dropped by 2.7% to 2,829 rupees, with 2.88 million shares traded on the market.
- Analyst ratings included 35 buys, 6 holds, and no sell recommendations.
A look at Mahindra & Mahindra Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 5 | |
| Resilience | 2 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Analysts assessing Mahindra & Mahindra‘s long-term prospects are optimistic based on the Smartkarma Smart Scores. The company scored highest in Growth and Momentum, indicating a strong potential for both expanding its operations and maintaining positive stock performance. This suggests that Mahindra & Mahindra is well-positioned for future growth and may be an attractive investment opportunity for those seeking companies with upward momentum.
While the Value score is moderate and the Resilience score is lower, the higher scores in Dividend, Growth, and Momentum overshadow these concerns. Overall, Mahindra & Mahindra‘s outlook appears positive for the long term, supported by its diverse product range which includes automobiles, farm equipment, and automotive components. This broad portfolio indicates stability and potential for sustained growth in the evolving market landscape.
Summary: Mahindra & Mahindra Ltd. is a manufacturing company known for producing automobiles, farm equipment, and automotive components. Their product line ranges from commercial vehicles to agricultural tractors, reflecting a diverse offering in the market.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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