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M&M shares climb 3% after strong Q1 results. Morgan Stanley sees up to 29% upside scope
Mahindra & Mahindra shares climbed up to 3% after the automaker reported a 7% year-on-year rise in standalone net profit to Rs 3,685 crore for the June quarter. Revenue from operations surged 23% to Rs 41,920 crore, driven by robust demand. The strong quarterly performance lifted investor sentiment, pushing the stock to an intraday high of Rs 3,365.
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thehindubusinessline.com
M&M Q1 FY27 Street expectations: Revenue seen up 19-24%; profit growth may stay muted
Profit growth is seen capped at 2.3% as higher input costs, richer EV mix and continued investments weigh on profitability, with Street estimates pointing to a 150-200 bps…
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economictimes.indiatimes.com
SML Mahindra shares rally over 18% on acquisition of M&M’s truck division. What it means for shareholders?
