Mahindra & Mahindra shares jumped more than 3% after CLSA upgraded its rating to ‘outperform’ from ‘sell’. The brokerage cited strong SUV segment growth, improved return on equity, and upcoming EV launches as key drivers for the stock’s re-rating.
Mahindra & Mahindra shares jumped more than 3% after CLSA upgraded its rating to ‘outperform’ from ‘sell’. The brokerage cited strong SUV segment growth, improved return on equity, and upcoming EV launches as key drivers for the stock’s re-rating.