M&M Shares Surge 3% on Strong Q1 Results; Morgan Stanley Projects 29% Upside

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31 July 2026 at 3:30 pm

M&M Shares Surge 3% on Strong Q1 Results; Morgan Stanley Projects 29% Upside

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Summary

Mahindra & Mahindra shares climbed 3% after reporting a 7% year-on-year rise in Q1 net profit to Rs 3,685 crore and a 23% revenue increase to Rs 41,920 crore. Morgan Stanley projects up to 29% upside for the stock.

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