Buy Mahindra & Mahindra Ltd for the Target Rs.4,450by Choice Broking Ltd

View and Valuation:
MM is a major beneficiary of the GST rate cuts, with these changes positively impacting all the segments of the company such as PV, CV and tractor. Around 95% of MM’s portfolio is set to benefit due to these rate cuts. On account of this, we revise our FY27/FY28 EPS estimates upwards by 1.9%/2.7% and arrive at our target price of INR 4,450. We value the company at 25x (maintained) on the average FY27/28E EPS, along with subsidiary valuation. We maintain our BUY rating on the stock.
Financials:
For Detailed Report With Disclaimer Visit. https://choicebroking.in/disclaimer
SEBI Registration no.: INZ 000160131









