Motilal Oswal Financial Services has maintained its buy call on Mahindra & Mahindra (M&M) with a higher target price of Rs 3,420, based on strong Q2 results and positive future outlook. M&M’s consolidated total income grew by 10.15% year-on-year, driven by robust demand for its vehicles. The company has reported net profit after tax of Rs 2894.71 crore in latest quarter.
Subscribe To Our Free Newsletter |