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HomeINVESTMENTBiggest Loser Stock Today; Massive Share Crash; Company Announced Price Cut

Biggest Loser Stock Today; Massive Share Crash; Company Announced Price Cut

Mahindra & Mahindra Ltd (NSE: M&M) Shares Price: Shares of the leading automobile company Mahindra & Mahindra Ltd saw a sharp decline of more than 7 percent on Wednesday, July 10. With this, it became the biggest loser in Nifty today. 

The company had announced a price cut on its best-selling SUV model ‘XUV 700’ a day earlier amid sluggish demand. Since then, its shares have fallen. 

Amid the price war in the SUV segment, Mahindra & Mahindra Ltd has cut the price of the AX7 range of XUV 700 by Rs 2 lakh.

The company said that now the price of this model starts at Rs 19.49 lakh, while earlier it was priced at Rs 21.4 lakh.

Mahindra said that this special price will be available for only 4 months. The company said in a statement, “The new special price aims to make the XUV 700 even more accessible to customers.”

Earlier, during the trading on Tuesday, July 9, auto stocks saw a huge surge. The main reason behind this was the announcement by the UP government to waive registration fees on hybrid cars. 

The state government has taken this step to encourage eco-friendly automobiles in the state. After this decision, the shares of Mahindra & Mahindra Ltd’s rival company Maruti Suzuki rose by up to 7 percent on Tuesday.

Experts say that apart from this, one of the reasons for the fall in Mahindra & Mahindra Ltd shares can also be profit booking by investors.  

Mahindra & Mahindra Ltd shares have risen by about 60 percent so far this year. At the same time, in the last year, it has given a return of about 76 percent to investors.

In June, due to the Lok Sabha elections and the scorching heat, there was a slowdown in car sales. According to reports, dealers currently have an unsold inventory of about Rs 60,000 crore.

Mahindra & Mahindra Ltd Stock Performance

Current Price₹ 2,717
52-wk High₹ 3,014 
52-wk Low₹ 1,416
5 Days Return-7.38%
1 Month Return-3.73%

Key Fundamentals Parameters

Market Cap₹ 3,37,867 Cr.
Stock P/E30.0
Book Value₹ 532
Dividend0.76 %
ROCE13.6 %
ROE18.4 %
Face Value₹ 5.00
P/B Value5.05
OPM17.9 %
EPS₹ 90.6
Debt₹ 1,06,626 Cr.
Debt to Equity1.64

Mahindra & Mahindra Ltd Shareholding Pattern

Promoters Holding
Mar 202319.37%
June 202319.37%
Sept 202319.33%
Dec 202319.33%
Mar 202418.58%
FII Holding
Mar 202339.24%
Jun 202340.14%
Sep 202340.26%
Dec 202340.86%
Mar 202441.75%
DII Holding
Mar 202327.66%
Jun 202326.89%
Sep 202326.79%
Dec 202326.26%
Mar 202426.13%
Hot Stocks Alert Join
Govt. Holding
Mar 20230.07%
Jun 20230.07%
Sep 20230.07%
Dec 20230.07%
Mar 20240.07%
Public Holding
Mar 20239.81%
Jun 20239.71%
Sep 20239.73%
Dec 20239.71%
Mar 20249.70%
Others
Mar 20233.85%
Jun 20233.83%
Sep 20233.80%
Dec 20233.77%
Mar 20243.75%

Mahindra & Mahindra Ltd Share: Last 5 Years’ Financial Condition

Last 5 Years’ Sales:

2020₹ 75,382 Cr
2021₹ 74,278 Cr
2022₹ 90,171 Cr
2023₹ 121,269 Cr
2024₹ 139,078 Cr

Last 5 Years’ Net Profit:

2020₹ -321 Cr
2021₹ 1,512 Cr
2022₹ 7,253 Cr
2023₹ 11,374 Cr
2024₹ 12,270 Cr

Conclusion

This article provides a detail guide about Mahindra & Mahindra Ltd share.

The information and forecasts provided result from the analysis of our research team, the company’s basics and history, experience and various technical analyses. 

Also, we’ve talked in depth about the shares’ prospects and growth possibilities.

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Disclaimer: The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. 

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