M&M jumps 4%, top Nifty gainer after CLSA maintains outperform call
Tue, Nov 19, 2024 12:08 PM

M&M jumps 4%, top Nifty gainer after CLSA maintains outperform call

A Flip by Avya Verma
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Shares of Mahindra and Mahindra (M&M) surged 4 percent to Rs 2,959 on November 19 after CLSA reiterated its "outperform" rating, maintaining a target price of Rs 3,440. This indicates a potential upside of 16 percent from current levels. Insights from CLSA's engagement with M&M’s management revealed strong confidence in the automaker’s growth trajectory.

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