{
Mahindra & Mahindra Financial Services Limited

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001122334455554433221100

Mahindra Finance target set at Rs 360 amid credit cost concerns

Mahindra Finance reported weaker profitability in Q2FY25, with a PAT of Rs3.7bn, falling short of estimates due to a surge in credit costs. Despite this, management is optimistic about asset quality and credit-cost normalization in H2, supported by a rebound in tractor sales and a favorable valuation. Emkay Global Financial maintains a BUY rating with a target price of Rs360 for September 2025.
Moneycontrol
Mahindra & Mahindra Financial Services Limited IND
Finance & Economy, Market Report
08:15 23.10.2024

analysts optimistic on zomato while m and m financial target cut

Analysts are optimistic about Zomato, while Morgan Stanley has reduced the target price for M&M Financial Services. HSBC and Jefferies both issued buy calls on ICICI Prudential Life Insurance, with target prices set at ₹850 and ₹860 per share, respectively, citing strong VNB growth and premium performance despite some challenges.
Moneycontrol
Mahindra & Mahindra Financial Services Limited ICICI Prudential Life Insurance Company Limited IND
Finance & Economy, Market Report
04:33 23.10.2024
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