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via economictimes.indiatimes.comBusiness & Companies

M&M Financial Services shares crash 10% after Q2 results

FROM THE WIRE · ECONOMICTIMES.INDIATIMES.COM

Mahindra & Mahindra Financial Services shares fell sharply on despite a 55% year-on-year rise in Q2FY27 net profit to Rs 882 crore. Nomura lowered its target price to Rs 400 while retaining a Buy rating, citing asset quality concerns and rising funding costs. Motilal Oswal…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishThe drop despite strong profit growth reflects concerns on asset quality and funding costs.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Q2FY27 net profit rose 55% year on year to Rs 882 crore.
  2. 02Nomura cut its target price to Rs 400 while keeping Buy.
  3. 03Nomura cites asset quality concerns and rising funding costs.
  4. 04Motilal Oswal maintained its Buy rating.

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Breaking live stories come from third-party newswires via feed; headline and summary belong to the stated source. Impact analysis: UCapital AI · News Impact.

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