29 Oct 2025 | 3 Mins Read
Brokerages bullish on M&M Fin due to festive demand
Flipitmoney
CLSA raised its target price to ₹350 for Mahindra & Mahindra Financial Services, citing 20bp improvement in adjusted NIM and strong tractor financing demand. Morgan Stanley maintained an 'Equal-Weight' stance with a ₹300 target. M&M Fin reported a 45% surge in net profit to ₹564 crore in Q2 FY26 driven by margin gains and higher yields.