Mahindra & Mahindra Experiences Revision in Stock Evaluation Amid Strong Market Position

Mahindra & Mahindra, a prominent name in the passenger car industry, has recently experienced a revision in its stock evaluation by MarketsMOJO. This adjustment reflects the ongoing dynamics within the market, despite the company's robust long-term growth trajectory.
The firm has demonstrated a commendable annual increase in net sales of 7.14%, alongside a notable rise in operating profit of 12.35%. Currently, Mahindra & Mahindra finds itself in a mildly bullish range, buoyed by favorable indicators such as MACD, KST, and OBV. The company showcases a return on capital employed (ROCE) of 14.1, coupled with an appealing valuation characterized by a 2.9 enterprise value to capital employed ratio.

Over the past year, Mahindra & Mahindra has delivered an impressive return of 76.33%, with profits climbing by 10.4%, resulting in a PEG ratio of 2.9. Institutional confidence remains strong, as evidenced by holdings at 68.14%, indicating substantial backing from larger investors. The company has consistently outperformed the BSE 500 index over the last three years and currently boasts a market capitalization of Rs 3,74,930 crore, which accounts for 32.88% of its sector.

However, it is worth noting that the company reported flat results in September 2024, and its debt-equity ratio has reached 1.66 times, marking the highest level in its history. In light of these factors, Mahindra & Mahindra has been added to MarketsMOJO's list, reflecting the ongoing assessment of its market position and performance indicators.