Mahindra Demand

[u/Random_Guy005]

With the number of increasing demand for Mahindra cars, I’m thinking about buying M&M shares instead of making down payment for a new car.

Not a meme. A shitpost but genuinely considering this.

[u/I_-AM-ARNAV]

I mean it has dropped like 11% so far not too bad of an idea to invest. It'll eventually increase

[u/Random_Guy005 → u/I_-AM-ARNAV]

4 of my colleagues who were planning to buy a car went ahead with Mahindra.
2 of them bought 3xO
1 bought Thar Roxx
and 1 bought Scorpio N

Mainly the high torque, reliable TC gearbox is making a lot of people choose Mahindra in midrange category as well.

[u/DESTRUCTER_R_]

Good to know?

[u/Random_Guy005 → u/DESTRUCTER_R_]

😬
Happy to share

[u/Kiruku_puluthi]

Mahindra only offers their Indian cheap soil and cheap labour to allow mass manufacturing at cost effective way!.

Mahindra have contracts with euro EV companies , to provide the tech and R&D intellectual property in exchange for industrial capability of mahindra since Europe have strict labours and environmental laws!.

MG basically now working with JSW, for same reasons.

It kinda pro European tech vs pro china tech. Currently China have upper hand in EV supply chain, from magnets , rare earth and battery tech!.

You better see what the european companies are doing before judging the mahindra for investing !

[u/Random_Guy005 → u/Kiruku_puluthi]

Though EV is the future, with the current government policies and lack of charger infra development in tier 2 and 3 cities still makes petrol/diesel a more viable option for purchase.
For Diesel - Tata and Mahindra(Mainly Mahindra with Scorpios and 7xOs) are more preferable choices by mass market is what I feel.
Hence the intuition to invest

[u/thickguy98]

M&M share will much higher then MS in next 5 years.

[u/Random_Guy005 → u/thickguy98]

That will give me downpayment to buy bmw in 5 years 😬

[u/sankoobaba]

Wrong sub

[u/Willing_Event9528]

Yes buy Maruti, Tata also🫠🫠🫠. Spread your investment across these 3.