ADVERTISEMENT
M&M Financial Gets 'Overweight' Upgrade From JPMorgan
Mahindra & Mahindra Finance has shown improvement in disbursements growth, particularly in the third quarter, with strong traction in the tractor and SME segments, the brokerage said.
05 Mar 2025, 08:04 AM IST 
Mahindra & Mahindra Financial's diversification into newer segments such as mortgages and SMEs is expected to aid disbursements growth in the near to mid-term. (Photographer: Vijay Sartape/NDTV Profit)
JPMorgan has upgraded its rating on Mahindra & Mahindra Financial Services Ltd. to 'overweight' from 'underweight', with price target upgrade to Rs 320. This marks a shift from their previous cautious stance, driven by several key factors.The brokerage highlighted the potential for positive rural momentum in 2025, which is expected to benefit MMFS. The company has faced challenges over the past two years, with rising costs of funds a...
