Mahindra & Mahindra Limited (M&M) was established on October 2, 1945 when K.C. Mahindra visited the United States of America as Chairman of the India Supply Mission. The Mahindra brothers joined hands with a distinguished gentleman called Ghulam Mohammed. And, Mahindra & Mohammed was set up as a franchise for assembling jeeps from Willys, USA.

Mahindra & Mahindra began its journey commenced with getting into the steel business, and over time, it’s expanded to various key industries. A need for change in the agricultural practices pushed it to foray into that sector right before the agriculture revolution began in India. It became one of the key torch-bearers of the IT revolution in the country. Its focus lies in developing alternate energy sources because the energy conservation will play a huge role in ensuring a better future - for not just country and communities, but the entire world.

The Ordinary (Equity) shares of the company are listed on the National Stock Exchange of India Limited (NSE), the BSE Limited (BSE) in India. The Global Depository Receipts (GDRs) (underlying equity shares) of the Company are listed on the Luxembourg Stock Exchange and are also admitted for trading on International Order Book (IOB) of the London Stock Exchange.

Business area of the company

M&M is mainly involved in the automobile manufacturing. It is one of the leading auto companies of India.

Company	Market Price	MCAP(Cr)	P/B	P/E	EPS	ROE
M&M	1656.85(0.5%)	2,02,285	3.3	18.1	18.5	16.2
MARUTI	10599.45(0.1%)	3,19,723	4.9	28.2	17.7	14.0
HINDMOTORS	17.55(1.4%)	361	-18.9	0.0	-51.9	0.0

Peer Comparison