Whalesbook
Three leading brokerages – Motilal Oswal, Nuvama, and Jefferies – have issued 'Buy' recommendations for Mahindra & Mahindra (M&M) stock, anticipating an upside of 15% to 21%. Analysts cite M&M's robust long-term plans for its SUV, LCV, and farm equipment segments, supported by new product launches and expanding export opportunities, as key drivers for projected strong growth.