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Thursday, October 22, 2026Updated 11:44 UTC

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M&M Financial Services shares crash 10% after Q2 results. What are Nomura and other analysts saying?

Source: Economic Times · Oct 22, 2026 05:04 UTC

Trading floor of the New York Stock Exchange with banks of monitors — File photo Carol M. Highsmith / Library of Congress · Public domain · Source

The Quick Take

Mahindra & Mahindra Financial Services shares fell sharply on despite a 55% year-on-year rise in Q2FY27 net profit to Rs 882 crore. Nomura lowered its target price to Rs 400 while retaining a Buy rating, citing asset quality concerns and rising funding costs. Motilal Oswal maintained its Buy rating.

Read the full story at Economic Times

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