<ul data-eligibleForWebStory="false"><li>Mahindra and Mahindra Financial Services Ltd.'s shares rose over 2% after the company posted its Q1 business update.</li><li>Morgan Stanley maintained an 'equal-weight' rating on Mahindra Finance but highlighted concerns over asset quality and growth prospects.</li><li>The brokerage expressed worries about the Gross Stage 3 ratio increasing to 3.8-3.9% and the collection efficiency dropping to 95% in Q1 fiscal 2026.</li><li>M&M Finance stock rose during trade, with 15 out of 36 analysts having a 'buy' rating on the stock and a consensus target price implying a 7.4% upside.</li></ul>

M&M Finance Shares Rise After Q1 Business Update But Morgan Stanley Flags Asset Quality Concerns

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