Whalesbook
Mahindra & Mahindra (M&M) shares are trading higher after the company announced an ambitious plan to achieve an eight-fold increase in its auto business's consolidated revenue by FY30, compared to FY20 levels. The strategy heavily emphasizes SUVs and light commercial vehicles, with significant investment in electric vehicles (EVs) and global market expansion. Brokerages have reiterated positive ratings, citing M&M's strong market position and coherent growth vision.