Well poised to outperform across all its verticals

03 Jan 2024
5 Min read 
  • Mahindra & Mahindra (MM) is well positioned to outperform in the automobile sector.
  •  Strong growth in core businesses: tractors, pickup UVs, and passenger UVs.
  •  Focus on new model launches, margin expansion, and prudent capital allocation.
  •  Expected growth in SUV volumes and tractor volumes.
  •  Contribution from EV subsidiary, Mahindra Electric Automotive Limited (MEAL).
  •  Attractive valuation compared to peers, with strong growth expected.
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