21 Nov 2025 | 5 Mins Read
M&M stock leads Nifty gains as brokerages back ambitious growth plan
Flipitmoney
Mahindra & Mahindra's (M&M) auto business targets an eight-fold revenue jump by FY30. The company's consolidated revenue rose 3.2 times to Rs 90,825 crore in FY25 from Rs 28,144 crore in FY20. M&M shares rose 1.1% to Rs 3,757.9, with brokerages reiterating positive views and raising earnings estimates amid ambitious plans for electric vehicles and SUVs. The median price target is Rs 4,118.5.