{"id":13097,"date":"2023-02-11T11:41:19","date_gmt":"2023-02-11T06:11:19","guid":{"rendered":"https:\/\/univest.in\/blogs\/?p=13097"},"modified":"2026-02-23T15:57:58","modified_gmt":"2026-02-23T10:27:58","slug":"mahindra-mahindra-auto-player-miles-ahead-of-the-competition","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/mahindra-mahindra-auto-player-miles-ahead-of-the-competition\/","title":{"rendered":"Mahindra &#038; Mahindra \u2013 Auto player miles ahead of the competition"},"content":{"rendered":"<p>Mahindra &amp; Mahindra (M&amp;M) is the flagship Company of the Mahindra Group. Its product range includes SUVs, pickups, commercial vehicles, tractors, electric vehicles, two-wheelers, gen-sets, and construction equipment. Over the last few years, it has gained leadership in the tractor segment and large SUVs in India.<\/p>\n<p>M&amp;M released their Q3FY23 results on 10th Feb 23. The results were a continuation of the YoY growth that the company has witnessed in the past few quarters, with the stupendous response it has received to some new launches including the Scorpio-N and its foray into electric mobility with the XUV400.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/mahindra-mahindra-auto-player-miles-ahead-of-the-competition\/#Highlights_of_Q3FY23_Results\" title=\"Highlights of Q3FY23 Results\">Highlights of Q3FY23 Results<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/mahindra-mahindra-auto-player-miles-ahead-of-the-competition\/#Maintaining_leadership_in_different_vehicle_categories\" title=\"Maintaining leadership in different vehicle categories\">Maintaining leadership in different vehicle categories<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/mahindra-mahindra-auto-player-miles-ahead-of-the-competition\/#Demand_for_SUVs_remains_strong\" title=\"Demand for SUVs remains strong\">Demand for SUVs remains strong<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/mahindra-mahindra-auto-player-miles-ahead-of-the-competition\/#Expansion_plans_to_meet_demand_and_expand_EV_products\" title=\"Expansion plans to meet demand and expand EV products\">Expansion plans to meet demand and expand EV products<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/mahindra-mahindra-auto-player-miles-ahead-of-the-competition\/#What_do_the_charts_say\" title=\"What do the charts say?\">What do the charts say?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Highlights_of_Q3FY23_Results\"><\/span><strong><span data-preserver-spaces=\"true\">Highlights of Q3FY23 Results<\/span><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><span data-preserver-spaces=\"true\">M&amp;M\u2019s Standalone Revenue stood at Rs 21,654 crores up 37% YoY.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Automobiles and Tractors achieve highest ever Q3 volumes\u00a0<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">M&amp;M continues to remain in the top spot in SUV Revenue Market Share (20.6%) in Q3F23. Open bookings of SUV at 266k+ as on 1st Feb\u201923.\u00a0<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Farm Equipment saw Q3FY23 Market share at 41.0%, a gain of 160 bps vs Q2FY22\u00a0<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Launched XU<\/span><span data-preserver-spaces=\"true\">V400 on 26 Jan and became the fastest booked Electric SUV in India with 15k+booking within 13 days of launch<\/span><\/li>\n<\/ul>\n<p>Commenting on Q3 FY23 performance, Dr. Anish Shah, Managing Director &amp; CEO, M&amp;M Ltd, said, \u201cWe have had another robust quarter led by the robust performance of our Auto division. Our farm division also reported healthy growth with increased market share. Our capital allocation actions are continuing to show results and we remain committed to our journey of growth and returns.\u201d<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter wp-image-13098 size-full\" src=\"https:\/\/univest.in\/blogs\/wp-content\/uploads\/2023\/02\/MM-5Q-RNP.png\" alt=\"M&amp;M Revenue\" width=\"1280\" height=\"720\" srcset=\"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2023\/02\/MM-5Q-RNP.png 1280w, https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2023\/02\/MM-5Q-RNP-300x169.png 300w, https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2023\/02\/MM-5Q-RNP-1024x576.png 1024w, https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2023\/02\/MM-5Q-RNP-768x432.png 768w\" sizes=\"(max-width: 1280px) 100vw, 1280px\" \/><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Maintaining_leadership_in_different_vehicle_categories\"><\/span><strong><span data-preserver-spaces=\"true\">Maintaining leadership in different vehicle categories<\/span><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span data-preserver-spaces=\"true\">Since the launch of its latest line of SUVs including the Thar, XUV700, and Scorpio-N over the last two years, M&amp;M remains the market leader in SUVs for the last four consecutive quarters with the highest market share in the SUV segment.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">In the light commercial vehicle (LCV) with a load capacity of 2-3.5 tonnes, M&amp;M\u2019s enjoys leadership with a 60.1% market share in Q3FY23.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">M&amp;M has a presence in the electric 3-wheeler space, where they make vehicles that are employed in last-mile delivery. This quarter, it achieved highest ever-quarterly billing of 11,801 units.<\/span><\/p>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-13099 size-full\" src=\"https:\/\/univest.in\/blogs\/wp-content\/uploads\/2023\/02\/MM-YOY-9M.png\" alt=\"YoY\" width=\"1280\" height=\"720\" srcset=\"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2023\/02\/MM-YOY-9M.png 1280w, https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2023\/02\/MM-YOY-9M-300x169.png 300w, https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2023\/02\/MM-YOY-9M-1024x576.png 1024w, https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2023\/02\/MM-YOY-9M-768x432.png 768w\" sizes=\"(max-width: 1280px) 100vw, 1280px\" \/><\/p>\n<p>Similarly, M&amp;M is the market leader in tractors with a 41.4% market share gaining 0.9% in Q3FY23. It sold 104,850 tractors in Q3FY23, the highest ever in Q3.<\/p>\n<p>Mr. Rajesh Jejurikar, Executive Director, M&amp;M Ltd, said, \u201cOur efforts towards creating segment-leading products and improving operational efficiencies have led to the achievement of highest ever quarterly revenue and PBIT in Q3 F23 for Auto and Farm sectors. In SUVs, we continue to be leaders in revenue market share for the 4th consecutive quarter and have celebrated another successful launch of the XUV4OO. In the tractor business, we have achieved 41% market share, the highest Q3 market share in the last 5 years.&#8221;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Demand_for_SUVs_remains_strong\"><\/span><strong><span data-preserver-spaces=\"true\">Demand for SUVs remains strong<\/span><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span data-preserver-spaces=\"true\">There have been challenges in the last year in the auto industry due to the shortages of semiconductor chips which affected the complete supply chain across the auto industry. The impact on M&amp;M was that they received unprecedented orders on the XUV700 and bookings had a waiting period of more than a year before the delivery of vehicles.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">This is reflected in the data for open bookings, where Scorpio-N and XUV 700 have the highest open bookings. The average monthly booking for Scorpio-N is the highest among all vehicles.<\/span><\/p>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-13100 size-full\" src=\"https:\/\/univest.in\/blogs\/wp-content\/uploads\/2023\/02\/MM-Vehicle-Bookings-1.png\" alt=\"Vehicle Booking\" width=\"1280\" height=\"720\" srcset=\"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2023\/02\/MM-Vehicle-Bookings-1.png 1280w, https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2023\/02\/MM-Vehicle-Bookings-1-300x169.png 300w, https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2023\/02\/MM-Vehicle-Bookings-1-1024x576.png 1024w, https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2023\/02\/MM-Vehicle-Bookings-1-768x432.png 768w\" sizes=\"(max-width: 1280px) 100vw, 1280px\" \/><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Expansion_plans_to_meet_demand_and_expand_EV_products\"><\/span><strong><span data-preserver-spaces=\"true\">Expansion plans to meet demand and expand EV products<\/span><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span data-preserver-spaces=\"true\">M&amp;M signed a Memorandum of Understanding (MoU) with the Government of Telangana for its proposed expansion plans at its existing manufacturing facility at Zaheerabad in the Medak district. The proposed expansion would mainly be towards setting up manufacturing facilities including the development and production of electric three- and four-wheelers pertaining to last mile mobility business at the current plant situated at Zaheerabad.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The estimated investment for this proposed expansion is expected to be approximately Rs1,000 crore to be made over a period of eight years by the company or any of its group companies.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_do_the_charts_say\"><\/span><b>What do the charts say?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">M&amp;M has been one of the best performing auto sector stocks over the last year. The stock price has gained nearly 60% in the last one year. Other auto makers, Maruti Suzuki aand Tata Motors have delivered 1% and -14% returns in the last one year.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Evaluating the chart, the stock rose sharply from its lowest point in March 2022 at 700 to reach a high of 1300 in July 2022. The stock was consolidating for the past six months and has given a breakout above the level of 1300 last week. It is likely to begin a fresh up trend from here and there is a potential for the stock to touch levels of 1800 over the next twelve months.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-13101 size-full\" src=\"https:\/\/univest.in\/blogs\/wp-content\/uploads\/2023\/02\/MM-Chart.png\" alt=\"Technical chart\" width=\"1280\" height=\"720\" srcset=\"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2023\/02\/MM-Chart.png 1280w, https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2023\/02\/MM-Chart-300x169.png 300w, https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2023\/02\/MM-Chart-1024x576.png 1024w, https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2023\/02\/MM-Chart-768x432.png 768w\" sizes=\"(max-width: 1280px) 100vw, 1280px\" \/><\/p>\n<p>To sum up, M&amp;M has demonstrated leadership across vehicle categories including SUVs, LCVs, and 3-wheeler EVs. Its foray into the electric passenger vehicle space with XUV 400 is going to challenge the Nexon EV from Tata Motors, which is the segment leader without any major competition till now.<\/p>\n<p>M&amp;M is a good bet for investors with a long-term horizon looking for a suitable opportunity in the auto industry. It is a play not only on leadership in SUVs but also about the leadership in tractors LCVs and 3W EVs and enhancing market share in passenger EV space.<\/p>\n<p><span data-preserver-spaces=\"true\">ABOUT THE AUTHOR<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Ketan Sonalkar (SEBI Rgn No INA000011255 )<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Ketan Sonalkar is a certified SEBI registered investment advisor and head of research at Univest. He is one of the finest financial trainers, with a track record of having trained more than 2000 people in offline and online models. He serves as a consultant advisor to leading fintech and financial data firms. He has over 15 years of working experience in the finance field. He runs Advisory Services for Direct Equities and Personal Finance Transformation.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Note \u2013<\/span><em><span data-preserver-spaces=\"true\">\u00a0This channel is for educational and training purpose only &amp; any stock mentioned here should not be taken as a tip\/recommendation\/advice<\/span><\/em><\/p>\n<p><em>You may also like:\u00a0<a href=\"https:\/\/univest.in\/blogs\/adani-opportunity\/\">Adani Group Stocks \u2013 A buying Opportunity?<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mahindra &amp; Mahindra (M&amp;M) is the flagship Company of the Mahindra Group. Its product range includes SUVs, pickups, commercial vehicles, tractors, electric vehicles, two-wheelers, gen-sets, and construction equipment. Over the last few years, it has gained leadership in the tractor segment and large SUVs in India. M&amp;M released their Q3FY23 results on 10th Feb 23.<\/p>\n","protected":false},"author":10,"featured_media":26920,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[3802],"class_list":["post-13097","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-news"],"metadata":{"_edit_lock":["1771842595:23"],"_edit_last":["23"],"_nectar_gallery_slider":["off"],"_nectar_quote_author":[""],"_nectar_quote":[""],"_nectar_link":[""],"_nectar_video_m4v":[""],"_nectar_video_ogv":[""],"_nectar_video_poster":[""],"_nectar_video_embed":[""],"_nectar_audio_mp3":[""],"_nectar_audio_ogg":[""],"_post_item_masonry_sizing":["regular"],"_nectar_header_bg":[""],"_nectar_header_parallax":["off"],"_nectar_header_bg_height":[""],"_nectar_page_header_bg_alignment":["top"],"_nectar_header_bg_color":[""],"_nectar_header_font_color":[""],"_wpb_vc_js_status":["false"],"_yoast_wpseo_content_score":["30"],"_yoast_wpseo_estimated-reading-time-minutes":[""],"_yoast_wpseo_wordproof_timestamp":[""],"nectar_blog_post_view_count":["253"],"rank_math_news_sitemap_robots":["index"],"rank_math_analytic_object_id":["136"],"rank_math_og_content_image":["a:2:{s:5:\"check\";s:32:\"fcd06e4a5b4f9d43b5ecb13e8e94b134\";s:6:\"images\";a:1:{i:0;i:13098;}}"],"rank_math_internal_links_processed":["1"],"post_views_count":["611"],"amazonS3_cache":["a:32:{s:59:\"\/\/univest.in\/blogs\/wp-content\/uploads\/2023\/02\/MM-5Q-RNP.png\";a:1:{s:9:\"timestamp\";i:1713807715;}s:59:\"\/\/univest.in\/blogs\/wp-content\/uploads\/2023\/02\/MM-YOY-9M.png\";a:1:{s:9:\"timestamp\";i:1713807715;}s:71:\"\/\/univest.in\/blogs\/wp-content\/uploads\/2023\/02\/MM-Vehicle-Bookings-1.png\";a:1:{s:9:\"timestamp\";i:1713807715;}s:58:\"\/\/univest.in\/blogs\/wp-content\/uploads\/2023\/02\/MM-Chart.png\";a:1:{s:9:\"timestamp\";i:1713807715;}s:67:\"\/\/univest.in\/blogs\/wp-content\/uploads\/2023\/02\/MM-5Q-RNP-300x169.png\";a:1:{s:9:\"timestamp\";i:1713795823;}s:68:\"\/\/univest.in\/blogs\/wp-content\/uploads\/2023\/02\/MM-5Q-RNP-1024x576.png\";a:1:{s:9:\"timestamp\";i:1713795823;}s:67:\"\/\/univest.in\/blogs\/wp-content\/uploads\/2023\/02\/MM-5Q-RNP-768x432.png\";a:1:{s:9:\"timestamp\";i:1713795823;}s:67:\"\/\/univest.in\/blogs\/wp-content\/uploads\/2023\/02\/MM-YOY-9M-300x169.png\";a:1:{s:9:\"timestamp\";i:1713795823;}s:68:\"\/\/univest.in\/blogs\/wp-content\/uploads\/2023\/02\/MM-YOY-9M-1024x576.png\";a:1:{s:9:\"timestamp\";i:1713795823;}s:67:\"\/\/univest.in\/blogs\/wp-content\/uploads\/2023\/02\/MM-YOY-9M-768x432.png\";a:1:{s:9:\"timestamp\";i:1713795823;}s:79:\"\/\/univest.in\/blogs\/wp-content\/uploads\/2023\/02\/MM-Vehicle-Bookings-1-300x169.png\";a:1:{s:9:\"timestamp\";i:1713795823;}s:80:\"\/\/univest.in\/blogs\/wp-content\/uploads\/2023\/02\/MM-Vehicle-Bookings-1-1024x576.png\";a:1:{s:9:\"timestamp\";i:1713795823;}s:79:\"\/\/univest.in\/blogs\/wp-content\/uploads\/2023\/02\/MM-Vehicle-Bookings-1-768x432.png\";a:1:{s:9:\"timestamp\";i:1713795823;}s:66:\"\/\/univest.in\/blogs\/wp-content\/uploads\/2023\/02\/MM-Chart-300x169.png\";a:1:{s:9:\"timestamp\";i:1713795823;}s:67:\"\/\/univest.in\/blogs\/wp-content\/uploads\/2023\/02\/MM-Chart-1024x576.png\";a:1:{s:9:\"timestamp\";i:1713795823;}s:66:\"\/\/univest.in\/blogs\/wp-content\/uploads\/2023\/02\/MM-Chart-768x432.png\";a:1:{s:9:\"timestamp\";i:1713795823;}s:61:\"\/\/univest.in\/blogs-2\/wp-content\/uploads\/2023\/02\/MM-5Q-RNP.png\";a:1:{s:9:\"timestamp\";i:1779328592;}s:69:\"\/\/univest.in\/blogs-2\/wp-content\/uploads\/2023\/02\/MM-5Q-RNP-300x169.png\";a:1:{s:9:\"timestamp\";i:1779328592;}s:70:\"\/\/univest.in\/blogs-2\/wp-content\/uploads\/2023\/02\/MM-5Q-RNP-1024x576.png\";a:1:{s:9:\"timestamp\";i:1779328592;}s:69:\"\/\/univest.in\/blogs-2\/wp-content\/uploads\/2023\/02\/MM-5Q-RNP-768x432.png\";a:1:{s:9:\"timestamp\";i:1779328592;}s:61:\"\/\/univest.in\/blogs-2\/wp-content\/uploads\/2023\/02\/MM-YOY-9M.png\";a:1:{s:9:\"timestamp\";i:1779328592;}s:69:\"\/\/univest.in\/blogs-2\/wp-content\/uploads\/2023\/02\/MM-YOY-9M-300x169.png\";a:1:{s:9:\"timestamp\";i:1779328592;}s:70:\"\/\/univest.in\/blogs-2\/wp-content\/uploads\/2023\/02\/MM-YOY-9M-1024x576.png\";a:1:{s:9:\"timestamp\";i:1779328592;}s:69:\"\/\/univest.in\/blogs-2\/wp-content\/uploads\/2023\/02\/MM-YOY-9M-768x432.png\";a:1:{s:9:\"timestamp\";i:1779328592;}s:73:\"\/\/univest.in\/blogs-2\/wp-content\/uploads\/2023\/02\/MM-Vehicle-Bookings-1.png\";a:1:{s:9:\"timestamp\";i:1779328592;}s:81:\"\/\/univest.in\/blogs-2\/wp-content\/uploads\/2023\/02\/MM-Vehicle-Bookings-1-300x169.png\";a:1:{s:9:\"timestamp\";i:1779328592;}s:82:\"\/\/univest.in\/blogs-2\/wp-content\/uploads\/2023\/02\/MM-Vehicle-Bookings-1-1024x576.png\";a:1:{s:9:\"timestamp\";i:1779328592;}s:81:\"\/\/univest.in\/blogs-2\/wp-content\/uploads\/2023\/02\/MM-Vehicle-Bookings-1-768x432.png\";a:1:{s:9:\"timestamp\";i:1779328592;}s:60:\"\/\/univest.in\/blogs-2\/wp-content\/uploads\/2023\/02\/MM-Chart.png\";a:1:{s:9:\"timestamp\";i:1779328592;}s:68:\"\/\/univest.in\/blogs-2\/wp-content\/uploads\/2023\/02\/MM-Chart-300x169.png\";a:1:{s:9:\"timestamp\";i:1779328592;}s:69:\"\/\/univest.in\/blogs-2\/wp-content\/uploads\/2023\/02\/MM-Chart-1024x576.png\";a:1:{s:9:\"timestamp\";i:1779328592;}s:68:\"\/\/univest.in\/blogs-2\/wp-content\/uploads\/2023\/02\/MM-Chart-768x432.png\";a:1:{s:9:\"timestamp\";i:1779328592;}}"],"_thumbnail_id":["26920"],"_last_editor_used_jetpack":["block-editor"],"_wp_page_template":["default"],"rs_page_bg_color":[""]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2024\/10\/18181952\/posts-2-2.jpg","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/13097","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=13097"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/13097\/revisions"}],"predecessor-version":[{"id":13102,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/13097\/revisions\/13102"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/26920"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=13097"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=13097"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=13097"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}