INSUBCONTINENT EXCLUSIVE:
CK Narayan of Chart Advise has buy call on Mahindra - Mahindra Ltd
with a target price of Rs 605.0
The current market price of Mahindra - Mahindra Ltd
is Rs 606.8 CK Narayan recommended to keep stoploss at Rs 582
Mahindra - Mahindra Ltd., incorporated in the year 1945, is a Large Cap
company (having a market cap of Rs 73503.76 Crore) operating in Auto sector
key Products/Revenue Segments include Automobile-Light, Medium - Heavy Commercial, Jeep, Passenger Car which contributed Rs 52222.45 Crore
to Sales Value (97.40 % of Total Sales), Sale of services which contributed Rs 738.35 Crore to Sales Value (1.37 % of Total Sales), Other
Operating Revenue which contributed Rs 528.45 Crore to Sales Value (0.98 % of Total Sales), Scrap which contributed Rs 124.75 Crore to Sales
Value (0.23 % of Total Sales)for the year ending 31-Mar-2019
For the quarter ended 30-06-2019, the company has reported a Consolidated sales of Rs 26041.02 Crore, down -4.12 % from last quarter Sales
of Rs 27158.77 Crore and down -.08 % from last year same quarter Sales of Rs 26061.51 Crore Company has reported net profit after tax of Rs
607.08 Crore in latest quarter
Mr.M M Murugappan, Mr.Nadir B Godrej, Mr.T N Manoharan, Mr.Vijay Kumar Sharma, Mr.Vikram Singh Mehta, Ms.Shikha Sharma
LLP as its auditoRs As on 30-06-2019, the company has a total of 1,243,192,544 shares outstanding.