MOFSL Oswal Optimistic on Mahindra and Mahindra; Raises Target Price to ₹3482
MOFSL have raised their earnings estimates by 4%/6% for FY26/FY27E. They reiterated a ‘buy’ rating on the stock by setting target price of ₹3,482 (based on FY27E SOTP).
MOFSL Oswal Optimistic on Mahindra and Mahindra; Raises Target Price to ₹3482
Leading brokerage firm Motilal Oswal said that Mahindra & Mahindra (M&M) delivered strong earnings during Q4FY25. This comes as the automaker beat margin estimates, which came at 19.4% against the estimated 17.3%. Margins improved on a QoQ basis especially during a weak quarter.
What’s the outlook?
MOFSL have raised their earnings estimates by 4%/6% for FY26/FY27E. They reiterated a ‘buy’ rating on the stock by setting target price of ₹3,482 (based on FY27E SOTP).
Shares of Mahindra and Mahindra closed at ₹3,058.40 apiece, up 1.22%.
