- Mahindra sold a total of 71,682 automotive units in May 2024.
- The sales represent a 17% increase compared to the previous period.
- Exports accounted for 2,671 units of the total automotive sales.
- Passenger vehicle sales reached 43,218 units.
- Commercial vehicle sales totaled 19,826 units.
- The company sold 35,237 tractors in May 2024.
- Tractor exports stood at 1,872 units.
- Analysts’ ratings: 35 buy recommendations, 4 hold recommendations, and 1 sell recommendation.
A look at Mahindra & Mahindra Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 5 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.6 |
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
Based on Smartkarma Smart Scores, Mahindra & Mahindra has a positive long-term outlook. With a high score in Growth and Momentum, the company is positioned for future expansion and market success. This indicates a promising trajectory for Mahindra & Mahindra in terms of increasing profitability and market presence. Additionally, the company’s emphasis on dividends with a solid score in that category suggests good returns for investors seeking income.
Despite scoring lower in Resilience, Mahindra & Mahindra‘s overall outlook remains strong. Their core business of manufacturing automobiles, farm equipment, and automotive components provides a diversified revenue stream. Overall, Mahindra & Mahindra‘s robust performance in key areas makes it a compelling investment opportunity for those looking at the long-term prospects of the company.
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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