ResultsNDTV Profit
M&M Q2 profit beats estimates; Motilal Oswal raises targets
Positive+18Company event
GreyOak summary
Mahindra & Mahindra reported Q2 FY27 net profit of Rs 5,100 crore, beating estimates due to higher other income and improved segmental margins. Brokerage Motilal Oswal raised FY27/FY28 earnings estimates by 7.5% each and reiterated a Buy rating with a target of Rs 3,850. While auto margins improved, tractor guidance was cut to flat for FY27.
What it affects
- Mahindra & MahindraM&MPositive +18
Q2 profit beat estimates on margin improvements.Rolling sentiment Positive +47
- Motilal Oswal Financial ServicesMOTILALOFSPositive +12
Raised estimates and reiterated Buy rating.Rolling sentiment Positive +23
- AutoPositive +6
Margins improved; tractor guidance cut to flat.Rolling sentiment Positive +28
Source
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