M&M share price target

This article concerns share price targets for the next 10 to 15 years based on technical analysis, fundamental goals, and past performance. The estimated M&M share price target 2024 to 2030, and 2035 are shown below.

Overview

Mahindra & Mahindra is an Indian automation industry headquartered in Mumbai, Maharashtra, India. It was incorporated in October 1945. The company produces multi-utility vehicles, SUVs, and the organization plans to expand its business in BEVs (battery electric vehicles).

M&M share price target 2024 to 2030 and 2035

M&M Power Share Price Targets are: 2024 – 2950.30 to 3005.50, 2025 – 3226 to 3496, 2026 – 3555 to 3689, 2027 – 3726 to 3996, 2028 – 4412 to 4488, 2029 – 4696 to 4736, 2030 – 4944 to 5101 and price forecasted 10255 to 11858 by 2035.

M&M share price target 2024

The NSE (National Stock Exchange) and BSE (Bombay Stock Exchange) listed M&M under the symbol M&M. The company’s closing share price as of October, 25, 2024, was 2720.85. It is not a fixed share price; fluctuation happens every second in the open market.

M&M share price target 2024 is 2950.30 as the first target and 3005.50 as the second target

M&M share price target 2025

M&M announced launching a new SUV on Independence Day 2024, specifically naming it the ‘Thar Roxx’ as of July 20, 2024. Veejay Nakra, President of the automotive sector, M&M Ltd., said the Mahindra ‘Thar ROXX’ will enhance the Thar brand, enabling customers to embrace luxury and the Thar lifestyle while pushing boundaries with the motto ‘Explore the Impossible’.

M&M initial forecasted share value for the beginning of the year 2025 is 3090. The semi-annual price forecast may rise to 3226 in a positive market sentiment. The price at the end of the year is forecast at 3496. 

M&M share price target 2026

Mahindra Finance ranks in the top five NBFCs for financing three-wheelers, passenger, commercial, light, and small commercial vehicles. It is the top provider of funding in the tractor industry. The company also has a solid foothold in the second-hand vehicle market.

As per first quarter results FY 2024- 2025, company’s AUM has grown by 23% YoY and Disbursements were at, 12,741 crore, showing a slightly growth about 5% YoY.

M&M’s initial forecasted share value for the beginning of 2026 is 3511. The semi-annual price forecast may rise to 3555 in a positive market sentiment. The price at the end of the year is forecast at 3689. 

M&M share price target 2027

As per Q4 results for 2024, revenue have moderately increased on year over year by 8% quarterly basis and have submitted 5% growth quarter-on-quarter, and expenses increased by 9.3% YoY quarterly basis and slightly increased by 3.5% compared to the last quarter of December 2023. The company made a 3683 crore profit in Jun quarter 2024, compared to 3545 crore as of June quarter 2023. Quarter-on-quarter net profit after tax is increased by 13%. Overall, the financials are good. Looking at these highlights, we may assume the share price target for M&M Power 2027 is 3722 at the beginning of the year, 3726 at the middle of the year, and 3996 at the end of the year.

M&M share price target 2028

M&M share price target for 2028 is 4205 at the start of the financial year. The price was forecast at 4412 in the middle of the year with some price consolidation for some months, and the projected share price is 4488 at the end of the year.

M&M share price target 2029

M&M share price in 2029 is expected to reach 4696 to 4736, with some consolidation zones. The initial forecasted share value for the beginning of the year is 4500. The semi-annual price forecast may rise to 4696 in a positive market sentiment. The price at the end of 2029 is forecast at 4713 to 4736.

M&M share price target 2030

The initial price target of M&M is 4886 at the beginning of the year 2030. The half-yearly price forecast can rise to 4944 in a positive market situation. The price at the end of the year is forecast to 5101.

also read HBL Power share price target

M&M share price target 2035

Depending on company economics and sector demand and supply with a favorable trend pattern, we may assume the target price of M&M share price target of 2035 to be 10255 at the beginning of the year, 11100 at the middle of the year, and 11858 at the end of the financial year.

Conclusion

This article presents M&M share price targets 2024 to 2030 and 2035. Targets are mentioned based on technical and fundamental analysis. stock may be corrected by any news or by companies’ poor or good results. Consider it a proposed level of guidance and not a recommendation. The stock market has high risk and unpredictable moves; invest with your risk appetite and a well-researched advisory.