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Showing posts from June 23, 2018

Mahindra and Mahindra ready for 975++

Short term Multibagger  Buy at CMP - 908 , Targets 965-995, Time frame 5-12 Months, Add in all dips  TRIGGERS #Premium Segment Vehicle TUV300 plus is launched and Super Sales is expected #Robust Sales numbers are Expected for Q1 FY18,  M&M expects 8-10 percent growth in tractor sales and 10-12 percent growth in commercial vehicle sales in the current financial  year #Monsoon and pickup in infrastructure spends will drive sales growth #Tractor sales in the current quarter is expected to grow #Stock is ready to break its 52 week high of 933 soon #M&M to invest Rs 500 cr in Chakan plant to expand ELectric Vehicle portfolio #Maintains rank 17 in Fortune 500 companies #Company expects the announcement of record production estimates for food grains and horticulture crops  which will drive positive sentiments and boost tractor demand Mahindra and Mahindra is a part of  US $20.7 billion multinational group based in Mumbai, India, with