Mahindra Shines: 77% Share Surge in 1 Year, Leads NIFTY50 in Growth

Mahindra & Mahindra (M&M) has achieved a major milestone by recording the highest compounded annual growth rate (CAGR) in share price among NIFTY50 companies since 2002. Over the past year alone, the company’s share price surged by an impressive 77%, as highlighted in its year-end report.

Sustainability and Global Recognition

M&M has been ranked as the 11th most valuable automobile manufacturer globally. It also secured its place in the Dow Jones Sustainability Index’s World Index for the fourth consecutive year, standing out as the top-ranked original equipment manufacturer (OEM) for its commitment to sustainability.

Expanding EV Portfolio

In November 2024, M&M strengthened its electric vehicle (EV) lineup by introducing 2 premium electric SUVs:

• BE 6e: Starting at ₹18.9 lakh
• XEV 9e: Starting at ₹21.9 lakh

These launches mark another step in the company’s efforts to lead the EV revolution in India.

Growth Across Key Sectors

M&M’s progress extends beyond the automobile industry:

• Mahindra Susten: Achieved a cumulative project pipeline of 3.3 GWp in renewable energy.
• Mahindra Lifespace: Accelerated sustainable real estate projects in major markets.
• Mahindra Finance: Expanded its loan portfolio to over ₹1.1 trillion.

About Mahindra & Mahindra

Mahindra & Mahindra is an Indian car manufacturing company based in Mumbai, Maharashtra. It was founded in 1945 as Mahindra & Mohammed before being renamed to Mahindra & Mahindra.

As of January 1 at 12:32 PM, Mahindra & Mahindra share price is trading at ₹3,063.00, up by ₹55.90 (1.86%). The stock opened at ₹3,053.65, reached a high of ₹3,073.00, and a low of ₹2,995.20. The market capitalisation stands at ₹3.67 lakh crore, with a P/E ratio of 28.89 and a dividend yield of 0.69%. Its 52-week high is ₹3,222.10, while the 52-week low is ₹1,575.00.

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