Anand Rathi has initiated a 'Buy' rating for Mahindra & Mahindra due to strong market share gains and strategic approach.
Anand Rathi projects M&M's volumes to increase at 11% in FY26, driven by growth in various segments like PVs, tractors, CVs, and exports.
M&M aims to launch multiple ICE SUVs, BEVs, and LCVs by FY30, with plans to introduce different models annually. Anand Rathi expects the company's focus on unique and superior features to lead to future success.
To access the full article and continue reading, subscription to the platform is required for more in-depth insights and analysis.