Live Mahindra & Mahindra Share Price Chart

O 1967

H 1967

L 1967

VOL 4380

Mahindra & Mahindra Performance

Days Range

Low: ₹1,924.10
High: ₹1,974.95
Previous Close ₹1,960.10
Open ₹1,967.00
Volume 11,00,947
Day’s Range ₹1,924.10 - ₹1,974.95
52W Range ₹1,123.40 - ₹1,982.30
Market Cap ₹2,43,862 Cr

Mahindra & Mahindra Fundamentals

ROCE (TTM) 13.09
P/E Ratio (TTM) 21.87
P/B Ratio 4.03
Industry P/E 25.28
Debt to Equity 1.65
ROE 18.47
EPS (TTM) 89.49
Dividend Yield 0.8
Book Value 486.93
Face Value 5

Mahindra & Mahindra Financials

Mar 2023Jun 2023Sep 2023Dec 2023
Net Sales32,455.6533,891.6334,435.5235,299.39
Expenses27,992.3228,773.2429,844.5830,198
Profit before tax3,491.514,467.893,567.73,912.2
Operating Profit2,998.373,683.872,483.972,977.04
Net Profit2,998.373,683.872,483.972,977.04
EPS in Rs23.4131.521.0723.86

About Mahindra & Mahindra

History of Mahindra & Mahindra (M&M)

Mahindra & Mahindra (M&M), a flagship company under Mahindra Group, started as ‘Mahindra & Mohammed’ in 1945. The company began with a steel trading business, which later diversified into different sectors. In 1948, the company was renamed Mahindra & Mahindra. On June 15, 1955, M&M launched its IPO and was listed on the Bombay Stock Exchange (BSE) in 1956 and later listed on the National Stock Exchange (NSE) as well. 

There are more than 2,60,000 employees in the company. M&M has manufacturing facilities in Nashik, Kandivali, Nagpur, Igatpuri, Zaheerabad, Chakan, Rudrapur, Jaipur, Haridwar, Pithampur and Mohali. The company also has a huge global presence in the USA, Canada, Haiti, Mexico, Europe, Asia Pacific, Africa and Middle East regions. 

Mahindra & Mahindra has been recognised with several awards, including the Happiest Workplace for Women 2022 by India Today, Excellence in All Round Performance award by the Federation of Telangana Chambers of Commerce and Industry (FTCCI) in 2023, Best Governed Company at ICSI National Awards 2021 and many more. 

Business Segments of Mahindra & Mahindra

The business verticals of Mahindra & Mahindra include:

  • Farm equipment: This division includes brands that are prominent in farming, like Mahindra, Swaraj, Hisarlar, Sampo, MAM, and Mitra. 
  • Automotive: The auto division includes SUVs, Electric SUVs, Electric HyperCar, large commercial vehicles, small commercial vehicles, 2-wheelers, etc. 
  • Technology services: Under this segment, they offer business process services, integrated engineering services, infrastructure and cloud services, 5G and network services, experience design services, application development and maintenance services, supply chain digital transformation, and architectural and industrial design services. 
  • Renewable energy: Large-scale power plant developers, solar energy solutions for residential and commercial and tech-enabled renewable energy asset management solutions come under this category. 
  • Financial services: This segment offers vehicle loans, SME loans, digital finance business, rural housing finance, mutual funds, insurance broking, and fixed deposits. 
  • Logistics: Cross-border logistics, fulfilment logistics, part truck load, and enterprise mobility come under this category. 
  • Hospitality: Club Mahindra and Holiday Club Resorts Oy are the brands in this category. 
  • Real estate: This category offers residential solutions, industrial clusters and integrated cities. 
  • Emerging businesses and equity investments: This category offers financial services for future-ready businesses.  

The subsidiary companies under Mahindra & Mahindra include, 

  • Mahindra and Mahindra Financial Services Limited – They offer financial services like personal loans, vehicle loans, SME loans, etc., to underserved customers in semi-urban and rural areas. 
  • Mahindra Electric Automobile Limited – This is an electric passenger vehicle company by the Mahindra Group. They are known for their e-SUVs. 
  • Mahindra Last Mile Mobility Limited – This company manufactures 3-wheeler cargo and passenger and 4-wheeler cargo vehicles. 
  • Mahindra Susten Private Limited – This company provides comprehensive solar engineering solutions, including PV system design, solar inverters, and implementation services. 

Key Personnel of Mahindra & Mahindra 

Dr Anish Shah, Managing Director and CEO

Anish Shah joined the Mahindra Group in 2014 as the Group President -Strategy. Prior to joining the Mahindra Group, he worked at Citibank, Mumbai. He did his Ph.D. at Carnegie Mellon’s Tepper School of Business and earned a post-graduate diploma in Management from the Indian Institute of Management, Ahmedabad. 

Corporate Actions of Mahindra & Mahindra

  • Bonus share: Announced a bonus share with a ratio of 1:1. The ex-date was December 21, 2017, and the record date was December 23, 2017. 
  • Stock split: Announced a stock split with a face split from ₹10 to ₹5. The ex-date was March 29, 2010, and the record date was March 30, 2017. 

SWOT Analysis of Mahindra & Mahindra

Strengths

  • The company is a market leader in the automotive sector.
  • The company has a presence in more than 20 industries.  

Weakness

  • The company’s majority of its revenue comes from India.
  • The company’s majority of its revenue is generated from the auto industry. 

Opportunities 

  • The company can tap into the emerging markets globally and expand its presence. 
  • The demand for electric vehicles is rising, and the company can look for more opportunities in the sector. 

Threats 

  • Huge competition from other players in the market.
Parent Organisation Mahindra
Founded 1945
Managing Director Anand Mahindra
NSE Symbol M&M

Peer Comparison

Stocks Market Cap (cr) Market Price (₹) 52 Week Low-High (₹)
Maruti Suzuki India Ltd ₹363,792.07

11581.9

14.70 (0.13%)

11544.15 - 11677.3
Hero MotoCorp Ltd ₹91,601.14

4622

40.55 (0.89%)

4563 - 4630
Bajaj Auto Ltd ₹227,754.40

8207.25

165.95 (2.06%)

8046.65 - 8225
Eicher Motors Ltd ₹105,694.45

3768.6

91.75 (-2.38%)

3763.55 - 3883.3
Tata Motors Ltd ₹361,934.77

986.25

2.10 (-0.21%)

980.1 - 995

What's Trending

Mahindra & Mahindra FAQs

What is the Share price of Mahindra & Mahindra (M&M)?

Mahindra & Mahindra (M&M) share price as of March 4, 2024, on NSE is Rs 1,926.25 (NSE) and Rs 1,925.70 (BSE) on BSE.

Can I buy Mahindra & Mahindra (M&M) shares?

Yes, You can buy Mahindra & Mahindra (M&M) shares by opening a Demat account with Angel One.

How do I buy Mahindra & Mahindra (M&M) from Angel One?

Mahindra & Mahindra (M&M) share can be brought through the following modes:
  1. Direct investment: You can buy Mahindra & Mahindra (M&M) shares by opening a Demat account with Angel One.
  2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Mahindra & Mahindra (M&M) shares.

What is the total Asset of M&M?

The total asset of M&M is Rs. 172,388 crores.

Who are the promoters of M&M?

The promoters of M&M are Prudential Management & Services Private Limited, M&M Benefit Trust- Bharat N Doshi, A.K.Nanda, Anand Gopal Mahindra and Sudha Keshub Mahindra.

What is the main business of M&M?

The main business of M&M constitutes the sale of automobiles, spare parts and related services, information technology related to IT and telecom, financial services in accordance with the financing, leasing, and purchase of automobiles and tractors, steel trading and the processing of steel, operation, managment and development of commercial complexes, sale of timeshare in the hospitality segment, Systech, including automotive components.