M&M Financial Shares Fall 10% to 52-Week Low Despite Q2 Profit Growth
Mahindra & Mahindra Financial Services shares fell around 10% to an intraday low of Rs 268.25 on the NSE on Thursday, October 22, despite reporting 55% year-on-year profit growth in Q2. Brokerages cut their target prices.
Shares of Mahindra & Mahindra Financial Services declined around 10 percent to hit the day low of Rs 268.25 on the NSE on Thursday, October 22, even as the non-banking finance company (NBFC) reported strong earnings growth in the second quarter of the financial year 2026-27.Apart from hitting an in…