“`html
Mahindra & Mahindra Ltd., a flagship company of the Mahindra Group, holds a significant place in India’s automotive and agricultural industries. Founded in 1945, Mahindra has evolved into one of the nation’s largest manufacturers of cars, tractors, and commercial vehicles. Renowned for its commitment to innovation and quality, Mahindra has carved a niche in the global market, exporting products to over 100 countries. As of October 18, 2024, the Mahindra & Mahindra share price on the National Stock Exchange (NSE) is ₹2,965.00 INR. In this article, we delve deeper into forecasts for Mahindra & Mahindra’s share price targets from 2024 to 2030, examining factors that could influence its performance and positioning in the competitive market landscape.
Mahindra And Mahindra Ltd Market Overview
- Open Price: ₹2,945.35
- High Price: ₹2,988.85
- Low Price: ₹2,914.70
- Previous Close: ₹2,964.60
- Volume: 3,407,751
- Value (Lacs): ₹101,014.26
- VWAP: ₹2,961.75
- UC Limit: ₹3,261.05
- LC Limit: ₹2,668.15
- P/E ratio: 30.04
- Div Yield: 0.71%
- 52-Wk High: ₹3,222.10
- 52-Wk Low: ₹1,450.00
- Mkt Cap: ₹3.55 lakh crore
- Face Value: ₹5
Mahindra And Mahindra Ltd Competitors
In the highly competitive automotive landscape, Mahindra & Mahindra faces significant competition. Here are five of its main competitors along with their market capitalizations as of recent data:
- Tata Motors Ltd
- Market Capitalization: ~$25 billion
- A leading player in the Indian automotive sector, Tata Motors offers a comprehensive range of vehicles, from passenger cars to commercial trucks, including innovative electric vehicles.
- Maruti Suzuki India Ltd
- Market Capitalization: ~$37 billion
- The largest car manufacturer in India, known for its small and mid-sized vehicle offerings which dominate the passenger segment.
- Ashok Leyland Ltd
- Market Capitalization: ~$7 billion
- A prominent player in the commercial vehicle market, manufacturing trucks, buses, and defense vehicles, Ashok Leyland poses fierce competition.
- Eicher Motors Ltd
- Market Capitalization: ~$13 billion
- Best known for its Royal Enfield motorcycles, Eicher Motors also competes in the commercial vehicle segment through its partnership with Volvo.
- Hero MotoCorp Ltd
- Market Capitalization: ~$5 billion
- The largest two-wheeler manufacturer in the world, with indirect competition in personal transportation through Mahindra’s smaller vehicle and electric mobility initiatives.
Mahindra & Mahindra Share Price Chart
Mahindra & Mahindra Share Price Target (2024 to 2030)
| Mahindra & Mahindra Share Price Target Years | Share Price Target |
|---|---|
| 2024 | ₹3190 |
| 2025 | ₹4450 |
| 2026 | ₹5860 |
| 2027 | ₹7450 |
| 2028 | ₹8745 |
| 2029 | ₹9973 |
| 2030 | ₹11,500 |
Mahindra & Mahindra Share Price Target 2024
The share price target for Mahindra & Mahindra in 2024 is anticipated to be around ₹3190. However, several risks and challenges may influence this outlook:
- Global Economic Slowdown: A downturn in global or domestic economies may decrease demand for Mahindra’s wide array of products, negatively impacting revenue and share price.
- Rising Competition in Electric Vehicles (EVs): The surge in EV adoption brings competitive pressure from both traditional and new market entrants. Failure to innovate and compete effectively in this domain could hinder growth.
- Supply Chain Disruptions: The ongoing complexities in global logistics, driven by geopolitical tensions and inflation, could impede production and subsequently affect financial performance.
Mahindra & Mahindra Share Price Target 2025
The expected share price target for Mahindra & Mahindra in 2025 is projected at ₹4450. There are specific challenges that could potentially impact this target:
- Transition to Electric Vehicles (EVs): As Mahindra transitions its product line towards EVs, any hurdles in scaling production or adapting to market changes could impede growth.
- Fluctuating Raw Material Costs: The volatility of raw materials such as aluminum and steel poses risks to profit margins and overall profitability.
- Government Policy and Regulation Changes: Changes in automotive regulations and governmental policies can create complex challenges that impact operational strategy and market standing.
Mahindra & Mahindra Share Price Target 2030
By 2030, Mahindra & Mahindra’s anticipated share price target is around ₹11,500. However, several risks may affect this projection:
- Technological Disruption: The rapid evolution of automotive technology, including AI and autonomous driving, necessitates continuous innovation and adaptation.
- Climate Change and Sustainability Regulations: Increasing focus on sustainability may impose stringent regulations that Mahindra needs to navigate effectively to avoid financial repercussions.
- Geopolitical and Trade Risks: Mahindra’s global operations may be affected by trade barriers and geopolitical tensions, which could impact supply chains and costs.
Mahindra And Mahindra Ltd Shareholding Pattern
- Promoters: 18.5%
- Foreign Institutional Investors (FII): 41.2%
- Domestic Institutional Investors (DII): 27.1%
- Public: 9.4%
Mahindra And Mahindra Ltd Financials
| (INR) | 2024 | Y/Y Change |
|---|---|---|
| Revenue | 1.41 Trillion | 15.26% |