Mahindra & Mahindra Ltd Share Price – NSE /  BSE

Automobile, Mid Cap

This price increase is attributed to rising input cost and increased commodity prices, among other reasons.

?The extent of the price increase will vary across different SUVs and commercial vehicles,? the company said in a statement.

The Mahindra Group enjoys a leadership position in farm equipment, utility vehicles, information technology, and financial services in India. It is the world's largest tractor company by volume. It has a strong presence in renewable energy, agriculture, logistics, hospitality, and real estate.

The company reported a 19.06% jump in standalone net profit to Rs 2,964.31 crore in Q3 FY25 as compared with Rs 2,489.73 crore in Q3 FY24. Revenue from operations jumped 20.31% YoY to Rs 30,963.76 crore in Q3 FY25.

The scrip had declined 1.08% to end at Rs 2799.30 on the BSE.

Powered by Capital Market - Live News

Mahindra & Mahindra announced that the scheme of amalgamation and arrangement of Fifth Gear Ventures, a wholly owned subsidiary of Mahindra First Choice Wheels (FGVL / transferor company) with Mahindra First Choice Wheels (MFCWL / Transferee Company), a wholly owned subsidiary of Mahindra Holdings (MHL), and their respective shareholders has been approved by the Mumbai Bench of the National Company Law Tribuna1 on 11 February 2025.

Accordingly, the scheme has become effective from 15 March 2025 and FGVL has ceased to be a subsidiary of MFCWL and that of MHL and the Company with effect from 15 March 2025.

Powered by Capital Market - Live News

Mahindra & Mahindra Ltd fell 2.2% today to trade at Rs 2668.2. The BSE Auto index is down 0.37% to quote at 46919.49. The index is down 10.92 % over last one month. Among the other constituents of the index, Bajaj Auto Ltd decreased 0.99% and Exide Industries Ltd lost 0.86% on the day. The BSE Auto index went down 3.03 % over last one year compared to the 0.3% surge in benchmark SENSEX.

Mahindra & Mahindra Ltd has lost 16.56% over last one month compared to 10.92% fall in BSE Auto index and 4.52% drop in the SENSEX. On the BSE, 8737 shares were traded in the counter so far compared with average daily volumes of 97771 shares in the past one month. The stock hit a record high of Rs 3276.3 on 10 Feb 2025. The stock hit a 52-week low of Rs 1790 on 15 Mar 2024.

Powered by Capital Market - Live News

Mahindra & Mahindra Ltd is up for a third straight session in a row. The stock is quoting at Rs 2731.95, up 4.54% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1.3% on the day, quoting at 22369.85. The Sensex is at 73869.34, up 1.2%. Mahindra & Mahindra Ltd has dropped around 12.99% in last one month.

Meanwhile, Nifty Auto index of which Mahindra & Mahindra Ltd is a constituent, has dropped around 10.7% in last one month and is currently quoting at 20269.2, up 2.65% on the day. The volume in the stock stood at 22.09 lakh shares today, compared to the daily average of 40.35 lakh shares in last one month.

The benchmark March futures contract for the stock is quoting at Rs 2729.25, up 4.01% on the day. Mahindra & Mahindra Ltd is up 38.63% in last one year as compared to a 0.46% fall in NIFTY and a 1.77% fall in the Nifty Auto index.

The PE of the stock is 28.47 based on TTM earnings ending December 24.

Powered by Capital Market - Live News