Mahindra & Mahindra Q4 Results

Further re-rating of M&M depends on UV, capital allocation outcome

Share price jump reflected in current valuation

Mahindra & Mahindra gains 9% in 2 days on strong Q4 operational performance

An improving core business and possible course correction on capital allocation would drive stock performance as valuations are still cheap, analysts say.

M&M plans to exit loss-making international subsidiaries in a year

The move is prompted by the steep impairment loss reported by the consolidated entity as SsangYong Motor (SYMC), its Korean subsidiary, and Genzee, its two-wheeler entity in the US, turned in losses.

M&M reports Rs 3,255 crore loss in Q4FY20 on one-time impairment provisions

The company's revenue also declined 35 per cent on a YoY basis to Rs 9,004.72 crore

Mahindra & Mahindra Q4 preview: Volume decline, lower ASPs to dent earnings

According to the monthly sales update provided by the company, Mahindra & Mahindra sold 15.1 lakh units during the quarter