M M Financial Services Shares Drop 10% After Q2 Results
Mahindra Mahindra Financial Services shares fell 10% despite a 55% year-on-year rise in Q2FY27 net profit to Rs 882 crore. Nomura lowered its target price to Rs 400 but kept a Buy rating, citing asset quality concerns and rising funding costs. Motilal Oswal also maintained its Buy rating for the stock.
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