An established Indian multinational firm called Mahindra and Mahindra works in a number of industries, including agriculture, aerospace, and defence. The business is well-established in India and has recently begun to grow internationally. Investors who have been paying close attention to the company might be curious about its prospects for future growth and how it would effect the share price.
In order to create educated forecasts about Mahindra and Mahindra’s share price from 2023 to 2030, we will closely examine the company’s historical performance and market trends in this piece. We aim to provide a thorough outlook for investors wishing to make informed investment decisions by examining the company’s financials, industry developments, and macroeconomic issues.
Contents
MORE ABOUT MAHINDRA AND MAHINDRA
Founded in 1945 under the name Mahindra & Mohammed, which was later changed, Mahindra & Mahindra Limited is a prominent entity in India’s automotive, agriculture, and service sectors. With its headquarters in Mumbai and as part of the Mahindra Group, it holds a significant position as one of India’s largest vehicle manufacturers based on production volume.
Guided by CEO Anish Shah, the company’s rich history, extensive presence, and diverse product offerings have contributed to its impressive 2023 revenue of INR 1.22 lakh crores (approximately US$15 billion), with a workforce of approximately 260,000 employees.
Mahindra & Mahindra’s recent investment of INR 417 crores for a 3.53% stake in RBL Bank reflects a long-term perspective spanning 7-10 years. This strategic move serves a dual purpose: gaining valuable insights into banking operations to bolster their financial services and capitalizing on synergies. The decision to invest was motivated by favorable valuations, underscoring M&M’s strategic diversification and growth strategy.
click here to know:
Emergency Credit Line Guarantee Scheme
HOW TO BUY MAHINDRA AND MAHINDRA SHARES?
Here are some trading platforms available for purchasing Mahindra and Mahindra shares:
- Zerodha
- Upstox
- Groww
- AngelOne
- ICICIDirect
M AND M IN RECENT NEWS
- Mahindra and Mahindra’s shares have experienced a decline of more than 2% following a brokerage’s decision to reduce their earnings per share (EPS) forecast for FY24 by 8%.
- Mahindra & Mahindra experiences a 3% surge, propelling its market capitalization to reach the Rs 2 trillion milestone.
- Mahindra & Mahindra acquires a 3.53% stake in RBL Bank with a long-term perspective, emphasizing the acquisition’s focus on banking insights and synergies.
- The stock of Mahindra & Mahindra experiences a 1.16% growth, resulting in a 1-day return of 0.98%.
- Mahindra & Mahindra reports an impressive profit after tax of Rs 10,281.5 crore, showcasing a remarkable net profit compound annual growth rate (CAGR) of 326.26%.
- The new CEO of Tech Mahindra, Joshi, initiates a restructuring of the organization’s framework.
M AND M SHARE PRICE TARGET 2023
| M&M SHARE PRICE TARGET 2023 | Maximum Price | Minimum Price |
| September 2023 | ₹1,620.61 | ₹1,438.93 |
| October 2023 | ₹1,781.53 | ₹1,370.41 |
| November 2023 | ₹1,959.68 | ₹1,507.45 |
| December 2023 | ₹2,194.85 | ₹1,688.34 |
Mahindra and Mahindra’s share price target for 2023 is showing a bullish trend with an overall growth percentage of approximately 130%. The share price is predicted to start the year at a maximum of ₹1,620.61 and a minimum of ₹1,438.93, with the potential for an uptrend. While there may be fluctuations in the share price, the trend is projected to be positive, with potential for significant growth by the end of the year. In December 2023, the share price is expected to reach a maximum of ₹2,194.85 and a minimum of ₹1,688.34, demonstrating the potential for significant gains. With this projection, investors may be eager to consider Mahindra and Mahindra as a potential investment opportunity in 2023.
M AND M SHARE PRICE TARGET 2024
| M&M SHARE PRICE TARGET 2024 | Maximum Price | Minimum Price |
| January 2024 | ₹2,310.36 | ₹2,053.26 |
| February 2024 | ₹2,595.92 | ₹2,163.26 |
| March 2024 | ₹2,732.54 | ₹2,221.58 |
| April 2024 | ₹2,484.13 | ₹1,910.87 |
| May 2024 | ₹2,070.11 | ₹1,592.39 |
| June 2024 | ₹2,484.13 | ₹1,910.87 |
| July 2024 | ₹2,111.51 | ₹1,636.83 |
| August 2024 | ₹2,322.66 | ₹1,843.38 |
| September 2024 | ₹2,438.79 | ₹1,876.00 |
| October 2024 | ₹2,869.17 | ₹2,207.05 |
| November 2024 | ₹3,012.63 | ₹2,317.41 |
| December 2024 | ₹3,072.88 | ₹2,363.75 |
Mahindra and Mahindra’s share price target for 2024 is showing a positive trend with an overall growth percentage of approximately 200%. The year is predicted to start on a high note with the share price reaching a maximum of ₹2,310.36 and a minimum of ₹2,053.26 in January 2024. The share price is expected to continue its upward trend in the coming months, with the maximum target reaching ₹3,072.88 and the minimum target at ₹2,363.75 in December 2024. The table suggests that there may be some fluctuations in the share price, but the overall trend remains positive. With a potential for significant growth in 2024, investors may want to consider Mahindra and Mahindra as a potential investment opportunity.
click here:
BANDHAN BANK SHARE PRICE TARGET 2023 TO 2030: CAN BANDHAN BANK REACH 1000 INR?
M AND M SHARE PRICE TARGET 2025
| M&M SHARE PRICE TARGET 2025 | Maximum Price | Minimum Price |
| January 2025 | ₹3,134.34 | ₹2,411.03 |
| February 2025 | ₹3,299.30 | ₹2,537.93 |
| March 2025 | ₹3,464.27 | ₹2,664.82 |
| April 2025 | ₹3,093.10 | ₹2,379.31 |
| May 2025 | ₹2,811.91 | ₹2,163.01 |
| June 2025 | ₹3,093.10 | ₹2,379.31 |
| July 2025 | ₹2,945.81 | ₹2,266.01 |
| August 2025 | ₹3,068.55 | ₹2,360.42 |
| September 2025 | ₹3,221.98 | ₹2,478.44 |
| October 2025 | ₹3,415.29 | ₹2,627.15 |
| November 2025 | ₹3,654.37 | ₹2,811.05 |
| December 2025 | ₹3,727.45 | ₹2,867.27 |
Mahindra and Mahindra’s share price target for 2025 shows an optimistic outlook with an overall growth percentage of approximately 120%. The year is expected to begin with a maximum target of ₹3,134.34 and a minimum target of ₹2,411.03 in January 2025. The share price is then anticipated to remain steady with minor fluctuations throughout the year, with the maximum target reaching ₹3,727.45 and the minimum target at ₹2,867.27 in December 2025. The table suggests that the overall trend for the year is expected to remain bullish. Investors who are considering investing in Mahindra and Mahindra may find the anticipated growth for 2025 to be promising.
M AND M SHARE PRICE TARGET 2026 TO 2030
| M&M SHARE PRICE TARGET BY | Maximum Price | Minimum Price |
| 2026 | ₹2,609.22 | ₹1,826.45 |
| 2027 | ₹2,217.83 | ₹1,552.48 |
| 2028 | ₹3,992.10 | ₹2,794.47 |
| 2029 | ₹8,200.40 | ₹5,740.28 |
| 2030 | ₹9,132.26 | ₹6,392.58 |
Looking at the future, the Mahindra And Mahindra share price is expected to remain on an uptrend for the next five years. According to the data, the maximum and minimum share price targets for 2026 are ₹2,609.22 and ₹1,826.45 respectively. The share price is expected to experience some fluctuations but will still remain bullish. As we move towards 2030, the share price is predicted to continue rising with the maximum target price of ₹9,132.26 and a minimum of ₹6,392.58 in 2030. This growth percentage is substantial, and investors looking for long-term investments could consider investing in Mahindra And Mahindra shares. However, it is important to keep in mind that the market is dynamic, and prices are subject to change based on various factors.
click here to know:
ICICI BANK SHARE PRICE TARGET 2023 TO 2030: CAN ICICI REACH 3000 INR?
FINANCIAL STRENGTH OF MAHINDRA AND MAHINDRA (2019 TO 2023)
| Metric | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Sales (Crore Rs) | 104,721 | 75,382 | 74,278 | 90,171 | 121,269 |
| Expenses (Crore Rs) | 89,514 | 65,224 | 62,791 | 75,488 | 100,983 |
| Operating Profit (Crore Rs) | 15,207 | 10,158 | 11,487 | 14,683 | 20,285 |
| OPM % | 15% | 13% | 15% | 16% | 17% |
| Other Income (Crore Rs) | 2,676 | 885 | 1,152 | 3,204 | 3,961 |
| Interest (Crore Rs) | 5,021 | 6,021 | 6,102 | 5,018 | 5,830 |
| Depreciation (Crore Rs) | 3,991 | 3,367 | 3,378 | 3,508 | 4,357 |
| Profit before Tax (Crore Rs) | 8,871 | 1,655 | 3,158 | 9,362 | 14,060 |
| Tax % | 32% | 119% | 52% | 23% | 19% |
| Net Profit (Crore Rs) | 6,017 | -321 | 1,512 | 7,253 | 11,374 |
| EPS (in Rs) | 42.76 | 1.02 | 14.58 | 52.91 | 82.68 |
| Dividend Payout % | 17% | 205% | 54% | 20% | 18% |
Analyzing Mahindra and Mahindra’s financial performance over the past five years reveals notable trends. While revenue growth has been inconsistent, ranging from a high of ₹121,269 crores in March 2023 to a low of ₹74,278 crores in March 2021, net profit has shown steady growth, increasing from ₹6,017 crores in March 2019 to ₹11,374 crores in March 2023, with a peak at ₹8,871 crores in March 2019.
The company’s earnings per share (EPS) has also experienced fluctuations, varying from ₹42.76 to ₹82.68 during this period. The price-to-earnings (P/E) ratio has demonstrated relative stability, with a maximum of 408.53 in July 2020 and a minimum of -153.57 in March 2021.
In terms of dividend payouts, Mahindra and Mahindra’s dividend payout ratio has displayed inconsistency, reaching a high of 205% in March 2020 and a low of 18% in March 2023. In summary, the company has shown some growth in both profit and revenue, but these trends have been accompanied by fluctuations in its financial statements over the past five years.
click here to know:
UCO BANK SHARE PRICE TARGET 2023 TO 2030: CAN UCO REACH 100 INR?
MAHINDRA AND MAHINDRA SHARE PRICE TARGET BY EXPERTS:
- HDFC Securities advises investors to buy Mahindra and Mahindra shares, targeting a price of Rs 1617.(30 May,2023)
- ICICI Direct, on the other hand, has assigned a buy rating to Mahindra and Mahindra, with a price target of Rs 1590.(27 January,2023)
FAQ’s
The maximum share price target of Mahindra and Mahindra in 2026 is Rs. 2609.22
The maximum share price target of Mahindra and Mahindra in 2027 is Rs. 2217.83
The maximum share price target of Mahindra and Mahindra in 2028 is Rs. 3992.80
The maximum share price target of Mahindra and Mahindra in 2029 is Rs. 8200.40
The maximum share price target of Mahindra and Mahindra in 2030 is Rs. 9132.26
Although accurately forecasting the precise share price of any stock is challenging, given the present market trends and historical performance, it appears improbable that Mahindra and Mahindra’s share price will reach 5000 INR by 2025.
CONCLUSION: MAHINDRA AND MAHINDRA
In terms of income growth, PAT, revenue growth, and profit growth, MAHINDRA & MAHINDRA has had a mixed record during the past five years, according to its financial filings. Although the company’s revenue and PAT increased significantly in FY 2022 compared to the prior years, these metrics fell in FY 2020. In FY 2022, the company’s operating profit margin and net profit margin both significantly increased. MAHINDRA AND MAHINDRA has maintained its position as a major participant in the automobile sector despite variations in its financial performance and has demonstrated fortitude in the face of difficult market circumstances.
Suhani Bhat, a student of Hansraj college, is a finance writer who takes deep interest in stock market, mutual funds, and other financial news. She writes for multiple finance blogs, including Financegradeup.com. Other than English, she also speaks Hindi.