Welcome to the intriguing world of stock market predictions, where we delve into the potential future trajectory of Mahindra & Mahindra’s share price. In this article, we explore the target prices for the years 2023, 2024, 2025, and even venture into the long-term outlook up to 2030. The burning question at hand is whether Mahindra & Mahindra, one of India’s prominent automotive giants, can reach a significant milestone of 5000 INR per share. Join us as we analyze factors such as market trends, company performance, and industry dynamics to uncover the possibilities and challenges that lie ahead for this fascinating stock.
MAHINDRA & MAHINDRA IN RECENT NEWS
- After its initial showcase at the Auto Expo in 2016, the XUV500 Aero, an SUV-coupe iteration of the XUV500, is making headlines again as the test mule of this vehicle was recently sighted on Indian roads for the first time.
- Mahindra & Mahindra Financial Services Limited (NSE: M&MFIN) is set to raise its dividend to ₹6.00 for the upcoming period on 27th August, surpassing last year’s payment. The resulting dividend yield of 1.9% exceeds the industry average.
- Mahindra & Mahindra Ltd., renowned for its SUVs, celebrates a significant milestone as their flagship model, the Scorpio-N, achieved a remarkable feat by securing a new GUINNESS WORLD RECORDS™ title for the “Fastest crossing of the Simpson Desert by a production vehicle.” This extraordinary accomplishment took place shortly after the Scorpio-N’s recent launch in Australia, showcasing the SUV’s exceptional performance and dependability as the team successfully navigated the demanding terrain of the Simpson Desert at an unprecedented speed.
HOW TO BUY MAHINDRA & MAHINDRA SHARES IN INDIA?
To buy Mahindra & Mahindra shares in India, you can use the services of any registered stockbroker in India. Some popular stockbrokers in India include:
- Zerodha
- Upstox
- ICICI Direct
- HDFC Securities
- Sharekhan
- Kotak Securities
- Axis Direct
- 5Paisa
- Motilal Oswal
- Edelweiss
MAHINDRA & MAHINDRA SHARE PRICE TARGET 2023 TO 2025
Let’s examine the statistics regarding the projected share price target for the period between 2023 and 2025, after conducting a thorough review of the company.
MAHINDRA & MAHINDRA SHARE PRICE TARGET FOR 2023
| When | Maximum Price | Minimum Price |
| July 2023 | ₹1,544.00 | ₹1,403.64 |
| August 2023 | ₹1,574.88 | ₹1,431.71 |
| September 2023 | ₹1,611.10 | ₹1,464.64 |
| October 2023 | ₹1,564.18 | ₹1,421.98 |
| November 2023 | ₹1,595.46 | ₹1,450.42 |
| December 2023 | ₹1,643.32 | ₹1,493.93 |
Based on the data provided, it appears that Mahindra and Mahindra’s share price has shown a fluctuating trend throughout 2023. The stock started the year in July at a maximum price of ₹1,544.00 and a minimum price of ₹1,403.64. As the year progressed, the share price experienced some volatility, reaching its highest point in December at ₹1,643.32 and the lowest in September at ₹1,464.64. Overall, investors may anticipate the share price of Mahindra and Mahindra to potentially continue its upward trajectory, but they should be aware of possible fluctuations along the way. It is essential for investors to conduct thorough research and consider various factors before making any investment decisions.
MAHINDRA & MAHINDRA SHARE PRICE TARGET FOR 2024
| When | Maximum Price | Minimum Price |
| January 2024 | ₹1,729.82 | ₹1,504.19 |
| February 2024 | ₹1,880.23 | ₹1,634.99 |
| March 2024 | ₹1,899.23 | ₹1,651.50 |
| April 2024 | ₹1,726.57 | ₹1,501.36 |
| May 2024 | ₹1,438.81 | ₹1,251.14 |
| June 2024 | ₹1,726.57 | ₹1,501.36 |
| July 2024 | ₹1,467.58 | ₹1,276.16 |
| August 2024 | ₹1,614.34 | ₹1,403.78 |
| September 2024 | ₹1,695.06 | ₹1,473.96 |
| October 2024 | ₹1,994.19 | ₹1,734.08 |
| November 2024 | ₹2,093.90 | ₹1,820.78 |
| December 2024 | ₹2,135.77 | ₹1,857.20 |
Mahindra and Mahindra, the Indian multinational automotive manufacturing corporation, exhibited significant fluctuations in its share price throughout 2024. Starting the year with a maximum price of ₹1,729.82 and a minimum price of ₹1,504.19 in January, the stock experienced a substantial surge in November, reaching ₹2,093.90 at its peak. However, it is important to note that the share price also faced some declines during the year, touching a low of ₹1,251.14 in May. Investors should carefully monitor the market conditions and consider various factors before setting their share price targets for Mahindra and Mahindra in 2024.
MAHINDRA & MAHINDRA SHARE PRICE TARGET FOR 2025
| MAHINDRA & MAHINDRA
Share Price Target 2025 |
Maximum Price | Minimum Price |
| January 2025 | ₹2,178.49 | ₹1,675.76 |
| February 2025 | ₹2,293.15 | ₹1,763.96 |
| March 2025 | ₹2,407.80 | ₹1,852.16 |
| April 2025 | ₹2,149.83 | ₹1,653.71 |
| May 2025 | ₹1,954.39 | ₹1,503.37 |
| June 2025 | ₹2,149.83 | ₹1,653.71 |
| July 2025 | ₹2,047.45 | ₹1,574.96 |
| August 2025 | ₹2,132.76 | ₹1,640.59 |
| September 2025 | ₹2,239.40 | ₹1,722.62 |
| October 2025 | ₹2,373.77 | ₹1,825.97 |
| November 2025 | ₹2,539.93 | ₹1,953.79 |
| December 2025 | ₹2,590.73 | ₹1,992.87 |
In 2025, Mahindra & Mahindra, the Indian multinational automotive manufacturing corporation headquartered in Mumbai, is expected to continue experiencing fluctuations in its share price. The stock’s share price target may vary throughout the year, with a maximum price of ₹2,590.73 and a minimum price of ₹1,503.37. Investors should closely monitor market trends and consider various factors such as industry performance, economic conditions, and company developments before setting their investment strategies for Mahindra & Mahindra in 2025.
MAHINDRA & MAHINDRA SHARE PRICE TARGET FOR 2026 TO 2030
| Year | Maximum Price | Minimum Price |
| 2026 | ₹2,979.34 | ₹2,085.54 |
| 2027 | ₹2,532.44 | ₹1,772.71 |
| 2028 | ₹4,558.39 | ₹3,190.87 |
| 2029 | ₹10,028.45 | ₹7,019.91 |
| 2030 | ₹10,427.68 | ₹7,299.38 |
Based on the data from 2026 to 2030, Mahindra & Mahindra’s share price exhibits a remarkable upward trajectory, demonstrating consistent growth over the years. The stock’s maximum price surged from ₹2,979.34 in 2026 to ₹10,427.68 in 2030, while the minimum price rose from ₹2,085.54 to ₹7,299.38 during the same period. These figures indicate the company’s strong performance and investor confidence. However, it is important to consider that share prices are influenced by a multitude of factors, including market conditions, economic trends, and the company’s performance, so potential investors should conduct thorough research and seek professional advice before setting any share price targets.
MAHINDRA & MAHINDRA FINANCIAL CONDITION (LAST 5 YEARS)
| Year | March 2019 | March 2020 | March 2021 | March 2022 | March 2023 |
| Sales | 104,721 | 75,382 | 74,278 | 90,171 | 121,269 |
| Expenses | 89,514 | 65,224 | 62,791 | 75,488 | 100,983 |
| Operating Profit | 15,207 | 10,158 | 11,487 | 14,683 | 20,285 |
| OPM % | 15% | 13% | 15% | 16% | 17% |
| Other Income | 2,676 | 885 | 1,152 | 3,204 | 3,961 |
| Interest | 5,021 | 6,021 | 5,102 | 5,018 | 5,830 |
| Depreciation | 3,991 | 3,367 | 3,378 | 3,508 | 4,357 |
| Profit before tax | 8,871 | 1,655 | 3,158 | 9,362 | 14,060 |
| Tax % | 32% | 119% | 52% | 23% | 19% |
| Net Profit | 6,017 | -321 | 1,512 | 7,253 | 11,374 |
| EPS in Rs | 42.76 | 1.02 | 14.58 | 52.91 | 82.68 |
| Dividend Payout % | 17% | 205% | 54% | 20% | 18% |
Mahindra and Mahindra’s financial condition over the last five years, from March 2019 to March 2023, reflects a mixed performance. The company experienced a decline in sales from 104,721 in March 2019 to 75,382 in March 2020, but it showed some recovery in subsequent years, reaching 121,269 in March 2023. Operating profit also fluctuated during this period, with a low of 10,158 in March 2020 and a high of 20,285 in March 2023. The company faced challenges such as increased expenses and negative net profit in March 2020, but it managed to improve its financial position in the following years, achieving positive net profit figures and maintaining a relatively stable dividend payout percentage.
MAHINDRA & MAHINDRA SHARE PRICE TARGET BY BROKERAGE FIRMS AND EXPERTS
MAHINDRA & MAHINDRA SHARE PRICE TARGET BY CITI
Citi reiterates its “buy” recommendation for Mahindra & Mahindra and sets a price target of INR 1760.00.
MAHINDRA & MAHINDRA SHARE PRICE TARGET BY ICICI DIRECT
ICICI Direct advises purchasing Mahindra & Mahindra with a target price of Rs 1491.
MAHINDRA & MAHINDRA SHARE PRICE TARGET BY SHAREKHAN
Sharekhan recommends buying Mahindra and Mahindra with a target price of Rs 1550.
MAHINDRA & MAHINDRA SHARE PRICE TARGET BY CHOICE EQUITY BROKING
Choice Equity Broking includes Mahindra & Mahindra in its list of recommendations with a target price of Rs 1450
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FAQs
What will be the share price target of Mahindra and Mahindra in 2025?
The share price target of Mahindra and Mahindra in January 2025 is ₹2,178.49 (maximum) and ₹1,675.76 (minimum). In February 2025, the target is ₹2,293.15 (maximum) and ₹1,763.96 (minimum). In March 2025, the target is ₹2,407.80 (maximum) and ₹1,852.16 (minimum). These are the projected price ranges for M&M’s stock in 2025.
Will the Mahindra and Mahindra stock grow?
The data shows a generally positive trend in the share price of Mahindra and Mahindra from 2023 to 2025. While there are fluctuations, the overall trajectory indicates growth during this period. However, stock performance depends on various factors, and future growth is subject to market conditions, company performance, and broader economic factors.
What will be the share price target of Mahindra and Mahindra in 2024?
The share price target of Mahindra and Mahindra in January 2024 is ₹1,729.82 (maximum) and ₹1,504.19 (minimum). In February 2024, the target is ₹1,880.23 (maximum) and ₹1,634.99 (minimum). In March 2024, the target is ₹1,899.23 (maximum) and ₹1,651.50 (minimum). These are the projected price ranges for M&M’s stock in 2024.
What will be the share price target of Mahindra and Mahindra in 2023?
The share price target of Mahindra and Mahindra in July 2023 is ₹1,544.00 (maximum) and ₹1,403.64 (minimum). In August 2023, the target is ₹1,574.88 (maximum) and ₹1,431.71 (minimum). In September 2023, the target is ₹1,611.10 (maximum) and ₹1,464.64 (minimum). These are the projected price ranges for M&M’s stock in 2023.
Will Mahindra and Mahindra reach ₹5000 INR?
Based solely on the data provided, there is no indication that Mahindra and Mahindra’s share price will reach ₹5000 INR in the years 2023, 2024, or 2025. While the stock has shown growth during this period, achieving such a significant price level would require sustained growth over the long term.There”s a possibility of reaching ₹5000 INR in future around the year 2029. Market conditions, company performance, and external economic factors will heavily influence whether M&M can reach ₹5000 INR in the future.
CONCLUSION
It can be observed that the share price of Mahindra & Mahindra (M&M) has been gradually increasing over the years, with occasional fluctuations. While the share price has shown steady growth from 2023 to 2025, reaching the target of ₹5000 by 2030 is uncertain and would require sustained growth. The data indicates that M&M has the potential to achieve higher share prices, but several factors such as market conditions, company performance, and external economic factors will play crucial roles in determining its future trajectory. Investors should carefully assess these variables before making any investment decisions.
