ResultsBusinessLine
M&M shares surge 5% after Q2 results
GreyOak summary
Mahindra & Mahindra shares rose 5% following a 25% year-on-year increase in consolidated net profit to ₹4,588 crore for Q2. While auto margins improved, farm margins declined due to weak monsoons, prompting management to lower tractor volume guidance.
What it affects
- Mahindra & MahindraM&MPositive +19
Shares surged 5% on 25% profit rise.Rolling sentiment Positive +47
Source
Read the original at BusinessLineMore Mahindra & Mahindra news
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