- Automotive sales for Mahindra in March reached a total of 68,413 units.
- The sales experienced a growth of +4% compared to previous figures.
- Exports for the month were recorded at 1,573 units.
- The sales of passenger vehicles contributed significantly to the total, with 40,631 units sold.
- Tractor sales also showed strong performance with 24,276 units sold.
- The number of tractors exported stood at 1,748 units.
- MORE36, an investment rating system, has given Mahindra 36 buys, 5 holds, and 0 sells.
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
Based on the Smartkarma Smart Scores, the long-term outlook for Mahindra & Mahindra is looking positive. The company has received a high score of 5 out of 5 for both Growth and Momentum, indicating strong potential for future growth and positive market performance. Additionally, Mahindra & Mahindra has received a score of 4 for Dividend, showing a commitment to providing returns to its shareholders. However, the company has scored a 2 for Resilience, suggesting potential vulnerability in the face of economic challenges. Overall, Mahindra & Mahindra has received a respectable average score of 3, indicating a solid overall outlook for the company.
Mahindra & Mahindra Ltd. is a manufacturing company that specializes in automobiles, farm equipment, and automotive components. The company offers a variety of products including commercial vehicles, passenger cars, agricultural tractors, and spare parts. With a high score of 5 for Growth and Momentum, Mahindra & Mahindra is poised for future success and has shown a commitment to providing returns to its shareholders with a score of 4 for Dividend. However, the company may face challenges in terms of resilience with a score of 2. Overall, Mahindra & Mahindra has received a solid average score of 3, indicating a positive long-term outlook for 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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
