Business

EV bet to give Mahindra’s valuation an all-wheel drive

By Dan Neff

Synopsis

The monetisation could add around ₹130-160 per share to the SUV business valuation and its share could reach a quarter of the total fair value of the company as the valuation of the SUV business shoots up. The SUV business is in a sweet spot after a gap of nearly eight years, with positive triggers resulting in continuous improvement of the fair value of the SUV business.

ET Intelligence Group: The SUV business of Mahindra & Mahindra has witnessed a major valuation boost from the success of its new launches in the last 24 months. The value creation of the SUV business is likely to further strengthen with the monetisation of its four-wheeler EV (4wEV) subsidiary as investors start ascribing higher terminal value to its SUV business thanks to improving prospects of volume share from EVs.

The monetisation could add

BY

ET Bureau

3 mins read, Last Updated:

  • FONT SIZE

    AbcSmall

    AbcMedium

    AbcLarge

  • SAVE
  • PRINT
  • COMMENT

Why ?

  • Exclusive Economic Times Stories, Editorials & Expert opinion across 20+ sectors

  • Stock analysis. Market Research. Industry Trends on 4000+ Stocks

  • Clean experience with
    Minimal Ads

  • Comment & Engage with ET Prime community

  • Exclusive invites to Virtual Events with Industry Leaders

  • A trusted team of Journalists & Analysts who can best filter signal from noise

For all the latest Business News Click Here 

 For the latest news and updates, follow us on Google News. 

Read original article here

Denial of responsibility! TheDailyCheck is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected] The content will be deleted within 24 hours.

Dan Neff