M&M - Growth or value bet?
Mahindra & Mahindra Ltd is one of the most diversified automobile company in India with presence across 2-wheelers, 3-wheelers, PVs, CVs, tractors & earthmovers. It also has presence across financial services, auto components, hospitality, infrastructure, retail, logistics, steel trading and processing, IT businesses, agri, aerospace, consulting services, defense, energy and industrial equipment through its subsidiaries and group companies. Details Global Presence The group has a presence across 22 industries, 100+ countries and operates 150+ entities on a consolidated basis. Automotive Division (~55% of revenues) The company is presence across various segments in the automotive industry and is the 4th largest Passenger Vehicle, 2nd largest Commercial Vehicle and Largest small commercial vehicle (LCV) player in the domestic market of India. The company plans to launch 9 new SUVs and 13 new LCVs by 2027. 6 of these vehicles will be Born EVs. The company...