Mahindra & Mahindra (M&M) stock has outperformed both Nifty50 and Nifty Auto indices and recent momentum indicators suggest it’s in an overbought zone. M&M stock could still see a 15-20% uptick aided by a supportive chart structure and good fundamentals, although trends indicate it might be time to book profits. The market also suggests that M&M stock is trading in an overbought zone. The company reported a YoY growth of 22% in net standalone profit at Rs 1,549 crore for the March quarter.
How systematic active investing combines data, discipline and dynamic allocation to help deliver alpha
Systematic investing merges human judgment with machine intelligence for a disciplined, scalable approach. India’s evolving capital markets, marked by retail growth and digitization, make it