M&M shares jump 2% after Q2 PAT beats estimates. Should you buy, sell, or hold?

November 8, 2024

Mahindra & Mahindra’s stock surged after reporting a 13% rise in Q2 profit, exceeding market expectations. Analysts are optimistic, citing strong SUV and tractor sales, with potential for further growth and margin expansion. However, capacity constraints for ICE SUVs in the future are a concern.

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