Company updateBusinessLine
Broker’s Call: Mahindra & Mahindra (Buy)
Positive+40
GreyOak summary
A broker recommends buying Mahindra & Mahindra Ltd with a target price of 3,760 rupees against a current price of 3,408.70 rupees. The recommendation cites robust demand in SUVs, commercial vehicles, and tractors driven by GST rationalization, RBI rate cuts, and tax reductions. M&M's EV market share has risen to 20 percent following new launches, while the company holds a 44 percent tractor market share.
What it affects
- Mahindra & MahindraM&MPositive +40
Broker recommends buy with target of 3760 rupees.Rolling sentiment Positive +48
Source
Read the original at BusinessLineMore Mahindra & Mahindra news
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