Mahindra & Mahindra

CMP: 755

Mahindra & Mahindra Ltd. manufactures automobiles, farm equipment and automotive components. The Company's automobile products include light, medium and heavy commercial vehicles, jeep type vehicles and passenger cars. Mahindra & Mahindra also manufactures agricultural tractors, agricultural implements, internal combustion engines, industrial petrol engines, spare parts and machine tools.

Mahindra & Mahindra is a good bet in large cap space trading at a P/E of over 15 with dividend yields of almost 2% in the last 12 months. It runs at a debt of 3000 Crores with 1200 Crores cash in hand. Revenues have risen from 11,500 Crores to 31,850 Crores in the last 5 years. Profits have risen from 1103 Crores to 2880 Crores in the last 5 years. NPM has marginally dipped from less than 10% to 9% over the last 5 years. Buy and hold for long term gains.