Mahindra and Mahindra experienced strong revenue growth in Q1 FY25, driven by impressive results in the tractor and automotive sectors. While revenues increased by 16% year-on-year, profits remained flat or declined by up to 14%. Analysts noted better EBITDA margins due to a favorable mix, despite higher advertisement expenses for new model launches.
Death Crossovers: These 5 stocks signal bearishness on March 17
In the Nifty500 pack, five stocks are witnessing Death Crossovers, according to stockedge.com’s technical scan data. The death cross is a technical indicator of bearishness.