Mahindra & Mahindra Share Price Target Like other metals stocks, this stock is also drifting, setting a new high of Rs 551.85 in October. Mahindra & Mahindra is trading below its 5-day, 20-day, 50-day, 100-day and 200-day moving averages.
The time period indicated by the analyst is one year, during which the price of Mahindra & Mahindra Ltd. can achieve a specific goal. Mahindra & Mahindra Ltd., incorporated in 1945, is a large cap company (market cap of Rs 110,911.42) operating in the automotive sector.
Mahindra & Mahindra Share Price Target
Main product segments / revenues of Mahindra & Mahindra Ltd. includes cars, light and medium-duty cars, jeeps, light vehicles, sales of services, and other operating revenues for the year ended 31-2021.
For the quarter ending 9/30/2021, the company reported a total consolidated income of Rs 21,735.96, up 12.23% from the last quarter of Rs 19,368.16 crore, and down 8.87%. compared to the same quarter last year. Rs 23,851.74 The company reported a net income after tax of Rs 2,031.54 in the most recent quarter.
Brokerage services remain positive for MM due to expectations of a renewed sales cycle in the automotive segment. The company is expected to post earnings per share of Rs 53.40 next year, up from Rs 36.07 last year.
On November 22, Subodh Mori sold about 1,000 Shares on the market at about Rs 901 per share. On September 27, Ashutosh Goel sold about 1,000 Shares on the market for about Rs 791 per share.
A total of 0.49 lakh shares changed hands, with a turnover on the BSE of Rs 1.34 crore. The company sold 46.66% of the share capital of Mahindra Gears & Transmissions Pvt Ltd to ICICI venture fund.
Mahindra & Mahindra Share Price Target 2022 , 2023 , 2024 & 2030
In 1999, the company acquired a majority stake in Gujarat Tractors and renamed it Mahindra Gujarat Tractors Ltd. In addition, Mahindra & Mahindra Financial Services Ltd became a subsidiary of the company. In 1995, Mahindra Holding & Finance Limited became a subsidiary of the company and started business as an investment company.
During 2009-10, the company split the Mahindra Defense Systems Division into a 100% subsidiary of Mahindra Defense Land Systems Pte Ltd (now renamed as Defense Land Systems India Pte Ltd), effective July 1, 2009. The company is repositioning its SUV business. Maintain its DNA and brand status and gain market share.
We did not expect any positive developments in the SUV segment, but in this post, we analyzed the MM business in the SUV and LCV business. Brokerage services remain positive for MM due to expectations of a recovery in the sales cycle in the automotive segment. Confirm Buy with a Dec 22 target price of 1.055 based on a 14x P / E for core business and an investment value of Rs 537 per share (up from Rs 435).
Mahindra and Mahindra Stock Price Forecast for the Day and Tomorrow – Using the MACD Indicator Take a look at the Mahindra and Mahindra stock price prediction using the MACD indicator to see if you need to buy, sell or hold those stocks in order to trade. Check Mahindra & Mahindra Daily Stock Price Target for Mahindra & Mahindra Daily Stock Price Forecast for tomorrow, for short term trading and long term investing.
This target, forecast or equity forecast should be used for reference and educational purposes only. Currently, the M&M stock tips are for daily and intraday use only and have nothing to do with stock market fundamentals or news. We are here to provide you with more information on the target price for M&M shares for the next few years.
We forecast M&M’s target stock price based on the technical analysis charts, quarterly reports, and annual reports of the past few years, which helps us provide accurate information for predicting M&M’s target stock price.
The current market value of M&M is 10.3557935 crore. For more information, see the list of the top 100 Indian companies by market capitalization. When we look at the forecast chart, we can determine that the first possible target of M&M is around 850.40 rupees in fiscal year 2022, and the second target is around 1001 rupees.
The increase in the value of M&M’s stock is the result of their new models entering the market with new functions and features. The current target price of 969 rupees is an average of 3 analysts.
A break above Rs 940 could further lift the stock to Rs 1,000. Only take a sell trade if the stock remains below 846.6, but if it rises above 846.6, intraday buying may be more profitable. If you enter a sell trade below 846.6, use 846.6 as your stop loss and 796.3 as your target. However, if you are buying stocks, use 846.6 as your stop loss and 888.54 as your target.
Analysis of the daily price movement of MNM in the short-term time frame is clearly negative. Analyzing price behavior over a longer period can give a better idea of the effectiveness of this promotion.
Indicator name Meaning of ADX Signal 15, 29, 32 Sell MACD -14, 1 Sell Stochastic 12 Sell CCI -93 Sell RSI 56 Buy OBV 10454904 Sell VWAP 854 Sell ADL 0 Sell ROC -9 Sell Force Index 0 Sell Price Analysis of Mahindra Mahindra shares ((MNM)) based on short term time frames is negative, but the trend is very volatile. This indicator helps the trader to predict the stock price and trade accordingly. The Aroon indicator is a technical indicator that is used to identify changes in a trend in the price of an asset, as well as the strength of that trend.
Breaking news is collected from a variety of sources and can have a positive or negative impact on stock prices in the short term. Now let’s try to predict the prices of M&M shares based on various instruments and conditions, which will help us clarify our vision and help us predict possible targets for the next few years.
MahindraMahindra’s target forecasts for April 2022 are 1,051.05, 954.96, 858.87 up and 619.95, 716.04, 812.13 down. MahindraMahindra’s target projections for March 2022 are 1027.68, 954.92, 882.16 and 643.32, 716.08, 788.84 down.
Mahindra Mahindra’s trend is positive this month, which means that Mahindra Mahindra’s targeted predictions are more likely.
The broker retained its Buy rating for Tech Mahindra shares with a revised target price of Rs 1,870 each, reflecting higher forecasts for medium-term growth.
Tech Mahindra shares rose more than 6% to Rs 1,622 each on the BSE during opening talks on Tuesday after the IT company reported 26% yoy growth in its September quarter. The net amount was Rs 1,338.7 crore and plans to maintain a trajectory.
Over the past three years, earnings per share have fallen by an average of 31% per year, but the company’s share price has grown at a rate of 6% per year, which means it is far ahead of earnings. Sellers dominated the stock market this month and may continue to dominate in the coming days. Sellers dominated the stock market this week and may continue to dominate in the coming days.
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