Mahindra & Mahindra (M&M) shares will be in focus on Tuesday after the auto major reported a 20% year-on-year (YoY) increase in production to 83,435 units for June 2025, up from 69,441 units in the same month last year, according to its Q1FY26 business update.Sales for the month rose 14% YoY to 76,335 units, compared to 66,800 units a year earlier.
Exports edged up 1% to 2,634 units from 2,597 units in June 2024.Also Read: 10 Nifty large-cap stocks with up to 38 buy calls; analysts see up to 20% upsideFourth quarter resultsIn the March 2025 quarter, M&M posted a 22% YoY rise in standalone net profit to Rs 2,437 crore, while revenue grew 24% YoY to Rs 31,609 crore, both beating street estimates.Live EventsConsolidated profit after tax grew 20% YoY to Rs 3,295 crore during the quarter, with revenue from operations up 20% YoY at Rs 42,599 crore.The automakers robust numbers were backed by double-digit growth across segments.
Total vehicle sales rose 18% YoY to 2,53,028 units, including an 18% rise in utility vehicle (UV) volumes to about 1.49 lakh units and a 23% increase in tractor sales to 87,138 units.M&M's automotive revenue market share expanded 310 basis points to 23.5% in Q4, while its farm segment market share rose 170 basis points to 43.3% for FY25.M&M share price targetAccording to Trendlyne, the average target price for M&M is Rs 3,569, implying a potential upside of nearly 13% from current levels.
Of the 36 analysts covering the stock, the consensus rating is Strong Buy.M&M shares have rallied 27% in the last three months and 102% over the past two years.
The companys market capitalisation currently stands at Rs 3,93,042 crore.Also Read: Street favourite! 10 BSE large-cap stocks analysts expect to rally up to 70%(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own.
These do not represent the views of the Economic Times)
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