Top Stocks Today : Stratzy has Buy call on Mahindra & Mahindra - September 23

On September 23, Stratzy issued a "buy" call on Mahindra & Mahindra, advising investors to purchase the stock at its current market price of Rs 3000.05. Stratzy projects a target price of Rs 3465 for Mahindra & Mahindra, indicating a potential upside of over 15%. This recommendation is based on a thorough analysis of the company's fundamentals, market conditions, and future prospects. Investors are encouraged to consider this opportunity to gain potential returns on their investment.

About Mahindra & Mahindra:

Mahindra & Mahindra (M&M) is an Indian multinational automotive manufacturing corporation headquartered in Mumbai, Maharashtra. It is one of the largest vehicle manufacturers in India and the largest producer of tractors in the world. The company was founded in 1945 as Mahindra & Mohammed by brothers K. C. Mahindra and J. C. Mahindra and Malik Ghulam Mohammed. M&M manufactures a wide range of vehicles, including passenger cars, utility vehicles, commercial vehicles, and tractors. The company also has a presence in other industries such as IT, construction, and agriculture. As of 2023, M&M is a part of the Mahindra Group, a diversified conglomerate with operations in over 100 countries.

52 Week Price Trend:

Mahindra & Mahindra (M&M) has experienced significant growth in its share price, with the current market price (CMP) standing at Rs. 3000.05. This represents a substantial appreciation compared to the 52-week high of Rs. 1951 and 52-week low of Rs. 1123.4. The rise in M&M's share price reflects the company's strong financial performance, driven by robust demand for its automotive products, particularly in the rural and semi-urban markets. The company's focus on innovation and electric vehicle development has also contributed to investor confidence.

Stratzy's MOST Analysis:

Based on Stratzy's MOST framework, M&M has received a rating of BBB. This rating indicates that M&M has a moderate fundamental risk. The rating is derived from four pillars: Management, Outlook, Safety, and Trend. M&M has received a rating of BBB in each of these pillars, resulting in an overall BBB rating.

Company's Fundamentals:

Mahindra & Mahindra (NSE: M&M) is an Indian multinational automotive manufacturing company. As of 2023, the company's stock price-to-earnings (PE) ratio is 21.56, indicating that investors are willing to pay Rs. 21.56 for every Re. 1 of the company's earnings. The price-to-book (PB) ratio of 3.97 suggests that the company's market value is 3.97 times its book value. Additionally, the dividend yield of 0.84% implies that investors can expect to receive Rs. 0.84 in dividends for every Rs. 100 invested in the company's stock. These ratios provide insights into the company's valuation, profitability, and dividend-paying capacity, which can inform investment decisions.

Fundamental and Technical information provided in this blog were last updated on 20 Sep, 2024

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