Mahindra and Mahindra is a prominent name in the Indian automobile industry, offering a wide range of vehicles to consumers. The company’s stock performance has been a topic of interest for investors looking to determine its growth potential and whether it’s a smart investment option. This article will delve into the Mahindra and Mahindra share price target from 2023 to 2030, providing investors with a comprehensive outlook on the company’s future performance.
About the company
Mahindra and Mahindra is a leading Indian business with a presence in numerous industries, beginning with steel trading in 1945. Its automotive division is the most lucrative, producing passenger vehicles, commercial vehicles, tractors, and electric cars as well as being an Original Equipment Manufacturer (OEM) to popular car makers like Ford, Renault, and Nissan. Additionally, the company has dedicated itself to renewable energy solutions and social responsibility through charitable trusts and foundations. As a result of its comprehensive scope and commitment to the community, the Mahindra Group is considered to be one of India’s most respected and influential conglomerates.
Stock history of Mahindra And Mahindra
The company’s stock has been publicly traded since 1991 and has steadily risen since then. In 1991, the stock began trading at Rs. 34.90 per share. Over the course of the next two decades, the stock rose to a high of Rs. 761.50 in 2006. During the global financial crisis of 2008, the stock dropped to a low of Rs. 1390. Since then, the stock has slowly recovered and currently trades around Rs. 750.
The company has been able to maintain a consistent share price growth due to its strong sales and profitability. It has also benefited from the growth of India’s economy and the Indian automotive industry. Overall, Mahindra and Mahindra Limited has had a positive stock performance over the last few decades and is expected to continue to grow in the future.
Latest news about Mahindra And Mahindra
➤ Mahindra is planning to launch its new line of electric SUVs in India.
➤ The net profit of Mahindra & Mahindra Financial Services decreased by 32.99% in the December 2022 quarter.
How to buy Mahindra And Mahindra shares?
To buy Mahindra And Mahindra shares, you will need to open a trading account with a registered broker. Once your account is open, you will need to transfer funds from your bank account to your trading account. Once you have sufficient funds, you can place a buy order for the stock of Mahindra And Mahindra on your trading platform. Your broker will execute the order, and once it is done, the shares will be credited to your trading account.
You can also buy shares from the following trading platforms:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
Share Price Prediction of Mahindra And Mahindra: 2023 to 2030
Share Price Target 2023 of Mahindra And Mahindra is ₹1,886.79
| When | Maximum Price | Minimum Price |
| January 2023 | ₹1,378.75 | ₹1,012.37 |
| February 2023 | ₹1,406.33 | ₹1,081.79 |
| March 2023 | ₹1,054.74 | ₹811.34 |
| April 2023 | ₹1,160.22 | ₹892.48 |
| May 2023 | ₹966.85 | ₹743.73 |
| June 2023 | ₹1,160.22 | ₹892.48 |
| July 2023 | ₹1,392.26 | ₹1,070.97 |
| August 2023 | ₹1,531.49 | ₹1,178.07 |
| September 2023 | ₹1,608.06 | ₹1,236.97 |
| October 2023 | ₹1,531.49 | ₹1,178.07 |
| November 2023 | ₹1,684.64 | ₹1,295.87 |
| December 2023 | ₹1,886.79 | ₹1,451.38 |
The Share Price Target 2023 of Mahindra And Mahindra is expected to increase significantly as the company is engaged in multiple business sectors and is actively pursuing a growth strategy to expand its presence in the global market. The table shows the maximum and minimum share prices of Mahindra and Mahindra for each month of 2023. It can be seen that the share prices are fluctuating throughout the year, with the highest prices being recorded in the months of January, August, September, and November. The minimum prices are recorded in the months of March and May. Overall, the share prices seem to be trending upwards, with the highest prices being recorded towards the end of the year. Analysts have predicted that the company’s share might reach around ₹1,886.79 by the end of 2030.
Share Price Target 2024 of Mahindra And Mahindra is ₹2,641.59
| When | Maximum Price | Minimum Price |
| January 2024 | ₹1,986.10 | ₹1,527.77 |
| February 2024 | ₹2,231.57 | ₹1,859.64 |
| March 2024 | ₹2,349.02 | ₹1,909.77 |
| April 2024 | ₹2,135.47 | ₹1,642.67 |
| May 2024 | ₹1,779.56 | ₹1,368.89 |
| June 2024 | ₹2,135.47 | ₹1,642.67 |
| July 2024 | ₹1,815.15 | ₹1,407.10 |
| August 2024 | ₹1,996.67 | ₹1,584.66 |
| September 2024 | ₹2,096.50 | ₹1,612.69 |
| October 2024 | ₹2,466.47 | ₹1,897.29 |
| November 2024 | ₹2,589.80 | ₹1,992.15 |
| December 2024 | ₹2,641.59 | ₹2,031.99 |
The Mahindra and Mahindra share price is predicted to fluctuate in the year 2024 with a minimum price ranging from ₹1,527.77 in January to ₹2,031.99 in December. On the other hand, the maximum price is estimated to reach a high of ₹2,466.47 in October and a low of ₹1,779.56 in May. The growth percentage is expected to vary throughout the year with a bullish trend observed in certain months and a bearish trend in others.
Share Price Target 2025 of Mahindra And Mahindra is ₹3,204.29
| When | Maximum Price | Minimum Price |
| January 2025 | ₹2,694.42 | ₹2,072.63 |
| February 2025 | ₹2,836.24 | ₹2,181.72 |
| March 2025 | ₹2,978.05 | ₹2,290.81 |
| April 2025 | ₹2,658.97 | ₹2,045.36 |
| May 2025 | ₹2,417.25 | ₹1,859.42 |
| June 2025 | ₹2,658.97 | ₹2,045.36 |
| July 2025 | ₹2,532.35 | ₹1,947.96 |
| August 2025 | ₹2,637.87 | ₹2,029.13 |
| September 2025 | ₹2,769.76 | ₹2,130.59 |
| October 2025 | ₹2,935.95 | ₹2,258.42 |
| November 2025 | ₹3,141.46 | ₹2,416.51 |
| December 2025 | ₹3,204.29 | ₹2,464.84 |
The Mahindra and Mahindra share price is expected to see growth in the year 2025, with a bullish outlook. The maximum price for the year is predicted to be ₹3,204.29 and the minimum price is expected to be ₹2,464.84. The growth percentage is expected to be positive, with a noticeable increase in the share price compared to the previous year. Overall, Mahindra and Mahindra share price target for 2025 appears to be optimistic, with potential for significant growth in the stock market.
Mahindra And Mahindra Share Price Prediction 2026-2030
| Year | Maximum Price | Minimum Price |
| 2026 | ₹2,243.01 | ₹1,570.10 |
| 2027 | ₹1,906.55 | ₹1,334.59 |
| 2028 | ₹3,431.80 | ₹2,402.26 |
| 2029 | ₹7,049.45 | ₹4,934.61 |
| 2030 | ₹7,850.52 | ₹5,495.36 |
It is difficult to predict the exact share price of Mahindra and Mahindra for the years 2026-2030. However, based on the recent trends and the company’s expansion, it is expected that the share prices of Mahindra and Mahindra will increase in the years 2026-2030 and might reach around ₹7,850.52. The company has been performing well and its stock prices have been increasing steadily. Mahindra and Mahindra is a well-established company with a strong brand presence and the stock is expected to remain a profitable investment in the future.
Financial Condition of Mahindra And Mahindra: Last 5 years
| Narration | Mar-18 | Mar-19 | Mar-20 | Mar-21 | Mar-22 |
| Sales | 92,093.95 | 1,04,720.68 | 75,381.93 | 74,277.78 | 90,170.57 |
| Expenses | 78,867.85 | 89,514.17 | 65,224.18 | 62,790.76 | 75,487.72 |
| Operating Profit | 13,226.10 | 15,206.51 | 10,157.75 | 11,487.02 | 14,682.85 |
| Other Income | 4,366.41 | 2,676.45 | 884.69 | 1,151.51 | 3,204.47 |
| Depreciation | 3,279.90 | 3,990.77 | 3,366.68 | 3,378.11 | 3,507.50 |
| Interest | 3,987.09 | 5,021.35 | 6,021.15 | 6,102.22 | 5,018.05 |
| Profit before tax | 10,325.52 | 8,870.84 | 1,654.61 | 3,158.20 | 9,361.77 |
| Tax | 2,367.73 | 2,853.99 | 1,975.61 | 1,645.81 | 2,108.76 |
| Net profit | 7,510.39 | 5,315.46 | 127.04 | 1,812.49 | 6,577.32 |
| EPS | 60.41 | 42.76 | 1.02 | 14.58 | 52.91 |
| Price to earning | 12.23 | 15.76 | 278.85 | 54.55 | 15.24 |
| Price | 738.90 | 673.90 | 284.95 | 795.25 | 806.55 |
| RATIOS: | |||||
| Dividend Payout | 10.85% | 17.40% | 205.06% | 53.60% | 19.53% |
| OPM | 14.36% | 14.52% | 13.48% | 15.46% | 16.28% |
The financial condition of Mahindra and Mahindra can be analyzed through the key financial metrics present in the table. The company’s sales have shown a steady growth, with the highest being recorded in the financial year Mar-22, with a sales figure of ₹90,170.57. Despite the increase in expenses, the company has managed to maintain a steady operating profit margin of around 14% to 16%.
The company’s net profit has also seen a steady increase, with the highest recorded in the financial year Mar-22, with a net profit of ₹6,577.32. The earnings per share (EPS) have also increased, showing the growth of the company. The price to earnings ratio indicates that the company’s share price is in line with its earnings, with a lower price to earnings ratio indicating better value for the shareholders. The dividend payout has also seen an increase over the years, with the highest dividend payout recorded in the financial year Mar-20, with a dividend payout of 205.06%.
FAQS
Will the share price of Mahindra And Mahindra increase in 2023?
It is anticipated that Mahindra And Mahindra per share price will increase to ₹1,886.79 by the end of 2023.
What is the share price target of Mahindra And Mahindra for 2025?
The share price target of Mahindra And Mahindra for 2025 might be around ₹3,204.29.
What is the share price target of Mahindra And Mahindra for 2030?
The per share price of Mahindra And Mahindra might reach around ₹7,850.52 by the end of 2030.
What is Mahindra And Mahindra current market value?
As of today, the Mahindra And Mahindra stock price is ₹1,390, with a market capitalisation of 1.66 trillion INR.
Also read:
Kotak Mahindra Bank Share Price Target: 2023 to 2030.
Jindal Steel and Power Ltd Share Price Target:2023 to 2030.
V-Mart Share Price Target: 2023 to 2030.
Conclusion
The Mahindra and Mahindra share price is likely to remain above its current level in the medium to long term. With the company’s focus on technology, innovation, and growth of its core business, the share price is likely to witness a steady growth in the coming years. The company’s strong financials, diverse product portfolio, and large customer base make it a safe bet for investors looking for long-term gains. The outlook for the stock looks positive for the period of 2023 to 2030, and investors can expect to gain good returns on their investments.
