ResultsNDTV Profit
M&M Q2 profit up 25% as tractor demand weakens
Positive+13Company event
GreyOak summary
Mahindra & Mahindra reported a 25% year-on-year profit rise to Rs 5,102 crore in Q2FY27, driven by automotive growth. However, brokerages cut tractor guidance due to weak monsoons, while maintaining Buy ratings on the stock.
What it affects
- Mahindra & MahindraM&MPositive +13
Profit rose 25% YoY; tractor weakness persists.Rolling sentiment Positive +47
Source
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