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Bloomberg Quint

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Image Credit: Bloomberg Quint

'Buy' M&M Shares Maintains Motilal Oswal On Healthy Rural Recovery, New Product Launches

  • Motilal Oswal maintains 'Buy' rating on M&M shares citing healthy rural recovery and new product launches.
  • M&M aims for 15-20% EPS growth and 18% ROE to ensure sustained shareholder value.
  • M&M has unveiled XUV 3XO and Thar Roxx with positive response, planning future launches targeting ICE SUVs, BEVs, and light commercial vehicles by 2030.

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