M&M Financial Services shares crash 10% after Q2 results. What are Nomura and other analysts saying?
60-Word AI Digest
Mahindra & Mahindra Financial Services shares fell sharply on despite a 55% year-on-year rise in Q2FY27 net profit to Rs 882 crore. Nomura lowered its target price to Rs 400 while retaining a Buy rating, citing asset quality concerns and rising funding costs. Motilal Oswal maintained its Buy rating.
Key Takeaways
- Mahindra & Mahindra Financial Services shares fell sharply on despite a 55% year-on-year rise in Q2FY27 net profit to Rs 882 crore.
- Nomura lowered its target price to Rs 400 while retaining a Buy rating, citing asset quality concerns and rising funding costs.
- Motilal Oswal maintained its Buy rating.
Mahindra & Mahindra Financial Services shares fell sharply on despite a 55% year-on-year rise in Q2FY27 net profit to Rs 882 crore. Nomura lowered its target price to Rs 400 while retaining a Buy rating, citing asset quality concerns and rising funding costs. Motilal Oswal maintained its Buy rating.
Original Publisher Attribution
This summary was curated from Economic Times.