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Mahindra Logistics inches up on commencing cargo charter operations in Middle East Mahindra Logistics is currently trading at Rs. 367.50, up by 0.25 points or 0.07% from its previous closing of Rs. 367.25 on the BSE. The scrip opened at Rs. 363.35 and has touched a high and low of Rs. 369.75 and Rs. 363.35 respectively. So far 501 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 567.30 on 23-Sep-2022 and a 52 week low of Rs. 349.90 on 29-Mar-2023. Last one week high and low of the scrip stood ...
Mahindra Logistics inches up on commencing cargo charter operations in Middle East
Mahindra Logistics inches up on commencing cargo charter operations in Middle East
Source: Accord Fintech
12/05/2023 2:17:03 PM
Hold Mahindra Logistics Ltd For Target Rs. 410 - ICICI Direct Core business performance marred by acquisition… About the stock: Mahindra Logistics is an end-to-end 3PL logistics solution provider, from performing milk run to in-factory logistics, warehousing to first mile and last mile logistics.            * Serves over 400 customers via its two-business segment: supply chain management [(SCM), 96% of revenues] and enterprise mobility           * Revenues from Mahindra comprise...
Hold Mahindra Logistics Ltd For Target Rs. 410 - ICICI Direct
Hold Mahindra Logistics Ltd For Target Rs. 410 - ICICI Direct
Source: ICICI Direct
1/05/2023 11:15:36 AM
Add Mahindra Logistics Ltd For Target Rs. 350 - Motilal Oswal Timely turnaround of Rivigo business critical for profitable growth * Mahindra Logistics Ltd. (MLL) reported a revenue growth of 17% YoY to INR12.7b in 4QFY23 (8% below estimates). EBITDA increased ~24% YoY to INR637m (v/s our estimate of INR 663m). EBITDA margin came in at 5.0% (v/s our estimate of 4.8%) in 4QFY23 (up 30bp YoY and QoQ). Higher M&M volumes, easing inflation, and crude prices helped MLL offset the sluggish demand in the e-commerce segment. * MLL reported a loss of IN...
Add Mahindra Logistics Ltd For Target Rs. 350 - Motilal Oswal
Add Mahindra Logistics Ltd For Target Rs. 350 - Motilal Oswal
Source: Motilal Oswal Financial Services
27/04/2023 12:53:51 PM
Add Mahindra Logistics Ltd For Target Rs. 390 - ICICI Securities Mahindra Logistics’ (MLL) Q4FY23 EBITDA of Rs637mn (up 16% YoY) was in line with our estimates; however, it missed street estimates by 7%. Key takeaways include: 1) Mixed quarter for 3PL division as automotive and manufacturing sectors contributed to growth while consumer and e-commerce lagged; 2) freight forwarding segment faced price headwinds; 3) Rivigo operations accounted revenue of Rs770mn and loss at EBITDA level narrowed down to Rs190mn; and 4) annual contract worth Rs1bn in no...
Add Mahindra Logistics Ltd For Target Rs. 390 - ICICI Securities
Add Mahindra Logistics Ltd For Target Rs. 390 - ICICI Securities
Source: ICICI Securities
26/04/2023 12:39:17 PM
Mahindra Logistics gains on entering into BTA to sell express network business to MESPL Mahindra Logistics is currently trading at Rs. 353.20, up by 1.45 points or 0.41% from its previous closing of Rs. 351.75 on the BSE. The scrip opened at Rs. 351.85 and has touched a high and low of Rs. 356.15 and Rs. 351.00 respectively. So far 6038 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 567.30 on 23-Sep-2022 and a 52 week low of Rs. 349.90 on 29-Mar-2023. Last one week high and low of the scrip stood...
Mahindra Logistics gains on entering into BTA to sell express network business to MESPL
Mahindra Logistics gains on entering into BTA to sell express network business to MESPL
Source: Accord Fintech
31/03/2023 12:46:55 PM
Post Budget Analysis : Budget focuses on sustainable growth and infrastructure development Rampraveen Swaminathan, Mahindra Logistics Below is Post Budget Comment By Mr. Rampraveen Swaminathan, MD and CEO, Mahindra Logistics Ltd “We welcome this budget as it focuses on sustainable growth and infrastructure development. The announcement of setting up Urban Investment development fund (UIDF) for Tier 2 and Tier 3 cities will provide a much needed boost for smoother and faster logistics transportation and will further ensure greater connectivity in tier-2 and tier-3 cities. Identifying 100 critical transport infrastru...
Post Budget Analysis : Budget focuses on sustainable growth and infrastructure development Rampraveen Swaminathan, Mahindra Logistics
Post Budget Analysis : Budget focuses on sustainable growth and infrastructure development Rampraveen Swaminathan, Mahindra Logistics
Source: PR Agency
3/02/2023 1:46:32 PM
Neutral Mahindra Logistics Ltd For Target Rs.510 - Motilal Oswal Financial Services Inflationary cost pressures impact margin The focus is on providing complete Logistics solutions to drive growth * MAHLOG reported a revenue growth of ~28% YoY to INR13.3b in 2QFY23 (12% above our estimate). Revenue growth was driven by a recovery in the Auto industry and consumption-end markets, including Telecom. * EBITDA margin stood at 5.1% in 2QFY23 (up 55bp YoY, but down 40bp QoQ). EBITDA grew by ~45% YoY to INR676m. APAT increased by ~130% YoY to INR122m (16% below our estimat...
Neutral Mahindra Logistics Ltd For Target Rs.510 - Motilal Oswal Financial Services
Neutral Mahindra Logistics Ltd For Target Rs.510 - Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services Ltd
27/11/2022 11:26:54 AM
Buy Mahindra Logistics Ltd For Target Rs.610 - ICICI Direct Diversification into fast growing segments About the stock: Mahindra Logistics is an end-to-end 3PL logistics solution provider, from performing milk run to in-factory logistics, warehousing to first mile and last mile logistics. * Serves over 400 customers via its two business segment: supply chain management [(SCM), 96% of revenues] and enterprise mobility * Revenues from Mahindra comprise 52% of SCM revenues (FY21) while the rest is contributed by non-Mahindra Q2FY23 Results: R...
Buy Mahindra Logistics Ltd For Target Rs.610 - ICICI Direct
Buy Mahindra Logistics Ltd For Target Rs.610 - ICICI Direct
Source: ICICI Direct Ltd
15/11/2022 12:03:15 PM
Neutral Mahindra Logistics Ltd For Target Rs.515 - Motilal Oswal To acquire RSPL’s B2B Express business for INR2.25b * MAHLOG has entered into an agreement with Rivigo Services Pvt. (RSPL) to acquire the latter’s B2B Express business. As per the terms of the agreement, MAHLOG will acquire RPSL's B2B Express business through a Business Transfer Agreement (BTA), including its customers, team, assets (including its technology platform), and the Rivigo brand. * RSPL currently operates in the B2B Express and the Full-Truck Load segment. In...
Neutral Mahindra Logistics Ltd For Target Rs.515 - Motilal Oswal
Neutral Mahindra Logistics Ltd For Target Rs.515 - Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
27/09/2022 12:04:16 PM
Mahindra Logistics surges on inking pact to acquire Rivigo’s B2B express business Mahindra Logistics is currently trading at Rs. 519.00, up by 14.45 points or 2.86% from its previous closing of Rs. 504.55 on the BSE. The scrip opened at Rs. 515.05 and has touched a high and low of Rs. 533.60 and Rs. 515.05 respectively. So far 15619 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 814.00 on 25-Nov-2021 and a 52 week low of Rs. 395.65 on 28-Feb-2022. Last one week high and low of the scrip sto...
Mahindra Logistics surges on inking pact to acquire Rivigo’s B2B express business
Mahindra Logistics surges on inking pact to acquire Rivigo’s B2B express business
Source: Accord Fintech
27/09/2022 10:25:23 AM
Mahindra Logistics rises on incorporating wholly owned subsidiary in Mumbai Mahindra Logistics is currently trading at Rs. 499.55, up by 3.60 points or 0.73% from its previous closing of Rs. 495.95 on the BSE. The scrip opened at Rs. 493.10 and has touched a high and low of Rs. 510.00 and Rs. 493.10 respectively. So far 6652 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 814.00 on 25-Nov-2021 and a 52 week low of Rs. 395.65 on 28-Feb-2022. Last one week high and low of the scrip stood...
Mahindra Logistics rises on incorporating wholly owned subsidiary in Mumbai
Mahindra Logistics rises on incorporating wholly owned subsidiary in Mumbai
Source: Accord Fintech
12/09/2022 2:28:56 PM
Mahindra Logistics rises on inaugurating warehouse in Nashik Mahindra Logistics is currently trading at Rs. 493.80, up by 4.00 points or 0.82% from its previous closing of Rs. 489.80 on the BSE. The scrip opened at Rs. 490.00 and has touched a high and low of Rs. 500.10 and Rs. 490.00 respectively. So far 5732 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 814.00 on 25-Nov-2021 and a 52 week low of Rs. 395.65 on 28-Feb-2022. Last one week high and low of the scrip stood...
Mahindra Logistics rises on inaugurating warehouse in Nashik
Mahindra Logistics rises on inaugurating warehouse in Nashik
Source: Accord Fintech
9/09/2022 1:45:35 PM
Mahindra Logistics shines on reporting 4-fold jump in Q1 consolidated net profit Mahindra Logistics is currently trading at Rs. 473.65, up by 8.35 points or 1.79% from its previous closing of Rs. 465.30 on the BSE. The scrip opened at Rs. 465.00 and has touched a high and low of Rs. 476.75 and Rs. 465.00 respectively. So far 1449 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 819.15 on 30-Aug-2021 and a 52 week low of Rs. 395.65 on 28-Feb-2022. Last one week high and low of the scrip stood...
Mahindra Logistics shines on reporting 4-fold jump in Q1 consolidated net profit
Mahindra Logistics shines on reporting 4-fold jump in Q1 consolidated net profit
Source: Accord Fintech
1/08/2022 10:45:10 AM
Mahindra Logistics L Q1 net profit zooms 132.78% at Rs 14.06 cr The company reported standalone net profit of Rs 14.06 crore for the quarter ended June 30, 2022 as compared to Rs 6.04 crore in the same period last year, registering a year-on-year growth of 132.78 per cent. Net revenue of the company rose substantially by 37.92 per cent at Rs 1,068.95 crore in April-June quarter of this fiscal as against Rs 775.06 crore in the corresponding period last year. During April-June quarter, operating expenses increased by 36.70 per cent to Rs 1,005.59 crore f...
Mahindra Logistics L Q1 net profit zooms 132.78% at Rs 14.06 cr
Mahindra Logistics L Q1 net profit zooms 132.78% at Rs 14.06 cr
Source: Dion Global Solutions Ltd
29/07/2022 5:04:37 PM
Mahindra Logistics gains on getting nod to incorporate new wholly owned subsidiaries Mahindra Logistics is currently trading at Rs. 488.85, up by 2.50 points or 0.51% from its previous closing of Rs. 486.35 on the BSE. The scrip opened at Rs. 489.45 and has touched a high and low of Rs. 495.00 and Rs. 486.30 respectively. So far 363 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 819.15 on 30-Aug-2021 and a 52 week low of Rs. 395.65 on 28-Feb-2022. Last one week high and low of the scrip stood ...
Mahindra Logistics gains on getting nod to incorporate new wholly owned subsidiaries
Mahindra Logistics gains on getting nod to incorporate new wholly owned subsidiaries
Source: Accord Fintech
19/07/2022 10:30:43 AM
Add Mahindra Logistics Ltd For Target Rs.465 - ICICI Securities In search of normalised profitability We visited the multi-tenanted BTS facility of Mahindra Logistics (MLL) in Luhari, Haryana. Two blocks have come up (FC + DC for three clients and a FC for Amazon) with one more block under construction. Three blocks put together have an area of 1.4mn sqft. The entire 1.4mn sqft has been contracted out to customers. Bajaj Electricals contributed ~70% of the volumes in the first block of ~0.5mn sqft, which we visited. With Luhari, MLL's BTS portfolio...
Add Mahindra Logistics Ltd For Target Rs.465 - ICICI Securities
Add Mahindra Logistics Ltd For Target Rs.465 - ICICI Securities
Source: ICICI Securities Ltd
5/07/2022 2:25:13 PM
M&M trades higher on selling entire stake in Meru Travel Solutions to Mahindra Logistics Mahindra and Mahindra is currently trading at Rs. 915.50, up by 5.35 points or 0.59% from its previous closing of Rs. 910.15 on the BSE. The scrip opened at Rs. 910.60 and has touched a high and low of Rs. 922.60 and Rs. 905.20 respectively. So far 159998 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 978.90 on 17-Nov-2021 and a 52 week low of Rs. 671.00 on 08-Mar-2022. Last one week high and low of the scrip s...
M&M trades higher on selling entire stake in Meru Travel Solutions to Mahindra Logistics
M&M trades higher on selling entire stake in Meru Travel Solutions to Mahindra Logistics
Source: Accord Fintech
18/05/2022 4:59:47 PM
Mahindra Logistics jumps on acquiring entire stake in Meru Travel Solutions Mahindra Logistics is currently trading at Rs. 474.55, up by 7.80 points or 1.67% from its previous closing of Rs. 466.75 on the BSE. The scrip opened at Rs. 468.50 and has touched a high and low of Rs. 477.85 and Rs. 468.50 respectively. So far 3894 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 819.15 on 30-Aug-2021 and a 52 week low of Rs. 395.65 on 28-Feb-2022. Last one week high and low of the scrip stood...
Mahindra Logistics jumps on acquiring entire stake in Meru Travel Solutions
Mahindra Logistics jumps on acquiring entire stake in Meru Travel Solutions
Source: Accord Fintech
18/05/2022 11:31:32 AM
Mahindra Logistics jumps on acquiring entire stake in MMTPL, VASPL,VFSPL Mahindra Logistics is currently trading at Rs. 465.50, up by 10.20 points or 2.24% from its previous closing of Rs. 455.30 on the BSE. The scrip opened at Rs. 461.30 and has touched a high and low of Rs. 479.90 and Rs. 456.50 respectively. So far 8065 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 819.15 on 30-Aug-2021 and a 52 week low of Rs. 395.65 on 28-Feb-2022. Last one week high and low of the scrip stoo...
Mahindra Logistics jumps on acquiring entire stake in MMTPL, VASPL,VFSPL
Mahindra Logistics jumps on acquiring entire stake in MMTPL, VASPL,VFSPL
Source: Accord Fintech
13/05/2022 3:10:33 PM
ADD Mahindra Logistics Ltd For Target Rs 550 - ICICI Securities Margin improvement expected in Mahindra Logistics (MLL) highlighted that the supply chain management (SCM) segment has seen growth driven by auto, e-commerce, consumer and freight forwarding business. Margins were impacted by i) slowdown in farm volumes, ii) decline in gross margins of Enterprise Mobility segment and iii) loss in JV (2x2 logistics carriers). Levers for margin improvement are i) improvement and recovery program in manpower cost, inflation and productivity and ii) improved u...
ADD Mahindra Logistics Ltd For Target Rs 550 - ICICI Securities
ADD Mahindra Logistics Ltd For Target Rs 550 - ICICI Securities
Source: ICICI Securities Ltd
29/04/2022 11:48:55 AM
Mahindra Logistics shines despite reporting 10% fall in Q4 consolidated net profit Mahindra Logistics is currently trading at Rs. 522.35, up by 47.40 points or 9.98% from its previous closing of Rs. 474.95 on the BSE. The scrip opened at Rs. 481.55 and has touched a high and low of Rs. 532.90 and Rs. 476.95 respectively. So far 47896 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 819.15 on 30-Aug-2021 and a 52 week low of Rs. 395.65 on 28-Feb-2022. Last one week high and low of the scrip sto...
Mahindra Logistics shines despite reporting 10% fall in Q4 consolidated net profit
Mahindra Logistics shines despite reporting 10% fall in Q4 consolidated net profit
Source: Accord Fintech
27/04/2022 11:43:25 AM
Neutral Mahindra Logistics Ltd For Target Rs.500 - Motilal Oswal Eyes revenue of INR100b in five years; near term challenges remain We attended MLL’s investor meet, wherein the management reiterated its vision of achieving a revenue of INR100b over the next five years. It also touched upon the near term challenges: a) slowdown in the Farm segment, b) increase in fuel prices, and c) startup costs related to the Bajaj contract. Key highlights from the meet are: Demand environment: While the Auto segment has seen an improvement over the last few m...
Neutral Mahindra Logistics Ltd For Target Rs.500 - Motilal Oswal
Neutral Mahindra Logistics Ltd For Target Rs.500 - Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
28/03/2022 1:24:47 PM
Mahindra Logistics zooms on acquiring Meru Mahindra Logistics is currently trading at Rs. 674.95, up by 18.55 points or 2.83% from its previous closing of Rs. 656.40 on the BSE. The scrip opened at Rs. 659.90 and has touched a high and low of Rs. 677.65 and Rs. 659.90 respectively. So far 1854 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 819.15 on 30-Aug-2021 and a 52 week low of Rs. 406.00 on 05-Jan-2021. Last one week high and low of the scrip stoo...
Mahindra Logistics zooms on acquiring Meru
Mahindra Logistics zooms on acquiring Meru
Source: Accord Fintech
28/12/2021 3:09:06 PM
Neutral Mahindra Logistics Ltd For Target Rs.725 - Motilal Oswal Slowdown in the Auto sector poses near term challenges * We released our Logistics thematic report recently, wherein we have stressed on the growth potential of the Indian logistics sector and the upcoming opportunities for value added services players like Mahindra Logistics (MLL). We had assigned a Neutral rating to MLL, due to: a) near to medium term growth challenges in the Auto sector, b) owing to its rich valuation. * The Auto sector has been facing challenges due to semiconductor...
Neutral Mahindra Logistics Ltd For Target Rs.725 - Motilal Oswal
Neutral Mahindra Logistics Ltd For Target Rs.725 - Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
20/12/2021 9:31:57 AM
Hold Mahindra Logistics Ltd For Target Rs.671 - ICICI Securities Acquires Meru from M&M Mahindra Logistics (MLL) has announced the acquisition of Meru. The deal consists of i) acquisition of 100% equity share capital of Meru Mobility Tech Private Limited, V-Link Fleet Solutions Private Limited and V-Link Automotive Services Private Limited from Meru Travel Solutions Private limited (MTSPL) – these are wholly owned subsidiaries of MTSPL and ii) acquisition of 100% equity share capital of MTSPL from Mahindra & Mahindra Limited (M&M). The...
Hold Mahindra Logistics Ltd For Target Rs.671 - ICICI Securities
Hold Mahindra Logistics Ltd For Target Rs.671 - ICICI Securities
Source: ICICI Securities Ltd
15/12/2021 10:33:56 AM
Buy Mahindra Logistics Ltd For Target Rs.758 - Edelweiss Financial Services At an inflection point Mahindra Logistics (MLL) surprised on the top line in Q2FY22; however margin contraction and below-EBITDA items led to a PAT miss. We believe revenue momentum should accelerate hereon as MLL can potentially add ~20mn sqft over the next 4–5 years (historical average 1.5-2mn annually). MLL added 1.2mn sqft in Q2FY22. In terms of capability, MLL’s 3PL track record is good, and we believe non- M&M warehousing is the joker in the pack with potential to ...
Buy Mahindra Logistics Ltd For Target Rs.758 - Edelweiss Financial Services
Buy Mahindra Logistics Ltd For Target Rs.758 - Edelweiss Financial Services
Source: Edelweiss Financial Services Ltd
8/12/2021 12:02:50 PM
Mahindra Logistics zooms on entering into long-term lease agreement with LOGOS Mahindra Logistics is currently trading at Rs. 706.50, up by 39.95 points or 5.99% from its previous closing of Rs. 666.55 on the BSE. The scrip opened at Rs. 680.00 and has touched a high and low of Rs. 728.85 and Rs. 680.00 respectively. So far 26327 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 819.15 on 30-Aug-2021 and a 52 week low of Rs. 369.65 on 22-Dec-2020. Last one week high and low of the scrip sto...
Mahindra Logistics zooms on entering into long-term lease agreement with LOGOS
Mahindra Logistics zooms on entering into long-term lease agreement with LOGOS
Source: Accord Fintech
2/12/2021 12:56:30 PM
Buy Mahindra Logistics Ltd For Target Rs.657 - ICICI Securities In search of better tidings Mahindra Logistics (MLL) tried to assuage investor concerns around ~1% PBT margins. Q2FY22 has witnessed margin headwinds from higher diesel prices. Also, the aggressive ramp-up in warehousing portfolio is leading to up-fronting of certain expenses under Ind-AS accounting. Weakness of the largest customer segment, i.e., automotive, also doesn’t augur well. Management expects better tidings in H2FY22 driven by consumer, ecommerce – Q3FY22 in particula...
Buy Mahindra Logistics Ltd For Target Rs.657 - ICICI Securities
Buy Mahindra Logistics Ltd For Target Rs.657 - ICICI Securities
Source: ICICI Securities
29/11/2021 12:37:35 PM
Key News - Mahindra & Mahindra Ltd, MRF Ltd, Mahindra Logistics Ltd, Eicher Motors Ltd By ARETE Securities Key News M&M Q2 standalone net surges over 8-fold to Rs 1,432 cr; revenue rises 15% Homegrown auto major Mahindra & Mahindra (M&M) on Tuesday reported an over eight-fold increase in its standalone profit after tax (PAT) at Rs 1,432 crore for the second quarter ended September 30, 2021, riding on the back of robust sales. The Mumbai-based company had posted a standalone PAT of Rs 162 crore in the July-September period of previous fiscal. The auto industry has seen strong reco...
Key News - Mahindra & Mahindra Ltd, MRF Ltd, Mahindra Logistics Ltd, Eicher Motors Ltd By ARETE Securities
Key News - Mahindra & Mahindra Ltd, MRF Ltd, Mahindra Logistics Ltd, Eicher Motors Ltd By ARETE Securities
Source: ARETE Securities Ltd
10/11/2021 9:24:04 AM
Buy Mahindra Logistics Ltd For Target Rs.750 - ICICI Direct Expect margin bounce-back in Q3… About the stock: Mahindra Logistics is an end-to-end 3PL logistics solution provider, from performing milk run to in-factory logistics, warehousing to first mile and last mile logistics. * Serves over 400 customers via its two business segment: Supply chain management [(SCM), 96% of revenues] and enterprise mobility * Revenues from Mahindra comprise 52% of SCM revenues (FY21) while the rest is contributed by non-Mahindra   Q2FY22 Res...
Buy Mahindra Logistics Ltd For Target Rs.750 - ICICI Direct
Buy Mahindra Logistics Ltd For Target Rs.750 - ICICI Direct
Source: ICICI Direct
3/11/2021 12:20:15 PM
Mahindra Logistics jumps on eyeing sharp business growth in H2 FY22 Mahindra Logistics is currently trading at Rs. 579.50, up by 4.40 points or 0.77% from its previous closing of Rs. 575.10 on the BSE. The scrip opened at Rs. 574.70 and has touched a high and low of Rs. 580.75 and Rs. 568.00 respectively. So far 3668 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 613.95 on 17-Mar-2021 and a 52 week low of Rs. 270.10 on 30-Jun-2020. Last one week high and low of the scrip stood...
Mahindra Logistics jumps on eyeing sharp business growth in H2 FY22
Mahindra Logistics jumps on eyeing sharp business growth in H2 FY22
Source: Accord Fintech
21/06/2021 12:40:39 PM
MTF Stock Pick Buy Mahindra Logistics Ltd For Target Rs. 625 - HDFC Securities MTF Stock Pick  Buy Mahindra Logistics Ltd  For Target Rs. 625 - HDFC Securities  TECHNICAL OBSERVATIONS The stock price was moving in a larger consolidation pattern as per weekly timeframe chart and is now making an attempt to stage upside breakout of the range at Rs 275-280 levels. Further upmove from here could also be considered as an upside breakout of triangle type pattern and that could open a sharp upside potential for the stock price. We obse...
MTF Stock Pick Buy Mahindra Logistics Ltd For Target Rs. 625 - HDFC Securities
MTF Stock Pick Buy Mahindra Logistics Ltd For Target Rs. 625 - HDFC Securities
Source: HDFC Securities Ltd
8/06/2021 2:36:07 PM
Add Mahindra Logistics Ltd For Target Rs. 624 - ICICI Securities Drop in warehousing revenues drive miss Mahindra logistics (MLL) Q4FY21 numbers were lower than expected. Non MnM supply chain revenues declined 13% QoQ, as warehousing revenues declined 25% QoQ. The drop in high margin warehousing revenues for the quarter also impacted margins. EBITDA margins fell 40bps QoQ. Given the strong underlying trend in fulfillment and warehousing and the consistent large integrated deal wins that we see for MLL, the current quarter drop in Non – MnM SCM ...
Add Mahindra Logistics Ltd For Target Rs. 624 - ICICI Securities
Add Mahindra Logistics Ltd For Target Rs. 624 - ICICI Securities
Source: ICICI Securities Ltd
14/05/2021 10:00:16 AM
Buy Mahindra Logistics Ltd For Target Rs. 630 - ICICI Direct Seasonality impacts Q4; wins new clients Mahindra Logistics (MLL) continued to report its normalised performance at pre-Covid levels in its auto segment (28% YoY growth due to weak base and QoQ largely flat). However, the non-auto segment declined QoQ (down 16% QoQ, up 29% YoY due to weak base), which the management has clarified was affected by seasonality (non-festive season), indicating the growing importance of e-commerce and flex-warehousing solutions in its revenue mix. Enterprise...
Buy Mahindra Logistics Ltd For Target Rs. 630 - ICICI Direct
Buy Mahindra Logistics Ltd For Target Rs. 630 - ICICI Direct
Source: ICICI Direct
6/05/2021 10:31:04 AM
Sell Mahindra Logistics Ltd For Target Rs. 424 - Yes Securities Result Highlights * Mahindra logistics reported topline of Rs.9.7 bn (+20% yoy), lower than our estimate of Rs.10.5 bn.   * While Supply Chain Management (SCM) segment grew ~29% yoy, Enterprise Mobility (EM) division continued to struggle with revenue declining ~56% yoy. The performance in the EM segment was likely hit as large part of clients’ employees continued to work from home (leading to lesser requirement of transportation). * The Company reported EBITDA of Rs4...
Sell Mahindra Logistics Ltd For Target Rs. 424 - Yes Securities
Sell Mahindra Logistics Ltd For Target Rs. 424 - Yes Securities
Source: Yes Securities Ltd
3/05/2021 2:18:32 PM
Mahindra Logistics - 4QFY21 By Mr. Yash Gupta, Angel Broking Ltd Below are Quote on Mahindra Logistics - 4QFY21 by Mr. Yash Gupta Equity Research Associate, Angel Broking Ltd    Mahindra Logistic limited reported total revenue from operations at 974 up by 20% YoY Q4FY21. Revenue from non M&M SCM at 4338 Cr up by 30% in Q1FY21. Gross margin at ₹95 Cr was up by 13% as compared to Q4FY2020.  EBITDA for the quarter at 51 crores up by 24% in Q4FY21 as compared to Q4FY20. Profi...
Mahindra Logistics - 4QFY21 By Mr. Yash Gupta, Angel Broking Ltd
Mahindra Logistics - 4QFY21 By Mr. Yash Gupta, Angel Broking Ltd
Source: Angel Broking Ltd
30/04/2021 2:35:16 PM
Buy Mahindra Logistics Ltd For Target Rs.572 - ICICI Securities Large-ticket deal win Bajaj Electricals Limited (BEL) and Mahindra Logistics (MLL) have announced they have signed a contract for innovative logistics optimisation and outsourcing. The deal is a complete end-to-end redesign and outsourcing of BEL’s entire logistics by MLL, with the twin objective of achieving enhanced and industry-best service levels, coupled with a logistics cost saving in excess of 25%. The total contract value of this deal will be in excess of Rs10bn over the nex...
Buy Mahindra Logistics Ltd For Target Rs.572 - ICICI Securities
Buy Mahindra Logistics Ltd For Target Rs.572 - ICICI Securities
Source: ICICI Securities Ltd
15/03/2021 9:57:47 AM
Buy Mahindra Logistics Ltd For Target Rs.550 - ICICI Direct Acceleration of growth trends seen earlier in Q2 In Q3FY21, MLL embarked on a path of broad based growth across segments (E-Way bill generated in October, November, December saw growth of 17%, 5%, 17% respectively). Revenues grew 15% YoY to | 1047 crore, led by 24% growth in the SCM segment to | 1010 crore. Enterprise mobility services de-grew 60% to | 37 crore. EBITDA margins expanded 39 bps to 5.1% due to lower employee and other expense. Subsequently, EBITDA grew 25% to | 53 crore. Howe...
Buy Mahindra Logistics Ltd For Target Rs.550 - ICICI Direct
Buy Mahindra Logistics Ltd For Target Rs.550 - ICICI Direct
Source: ICICI Direct
3/02/2021 11:17:44 AM
Sell Mahindra Logistics Ltd For Target Rs.391 - Yes Securities Recovery priced in * During Q3, the company saw strong logistics requirement across transportation and warehousing segment. The Festive season also helped in volumes growth and MLL saw 15% yoy growth in Consolidated revenues.   * Recent trends witnessed: 1) jump in volumes from fulfillment centers and higher transportation volumes. 2) Focus on expanding the partners for coverage 3) Expanding the presence in groceries and essential products and launching fulfillment centers in...
Sell Mahindra Logistics Ltd For Target Rs.391 - Yes Securities
Sell Mahindra Logistics Ltd For Target Rs.391 - Yes Securities
Source: Yes Securities Ltd
2/02/2021 9:25:21 AM