M&M Financial Services shares crash 10% after Q2 results. What are Nomura and other analysts saying?

Mahindra & Mahindra Financial Services shares fell sharply on despite a 55% year-on-year rise in Q2FY27 net profit to Rs 882 crore. Nomura lowered its target price to Rs 400 while retaining a Buy rating, citing asset quality concerns and rising funding costs. Motilal Oswal maintained its Buy rating.

economictimes.indiatimes.com ·3h ago

We haven't written up this one. The Economic Times - Top News has the full story — the link below goes straight to it.

Read the original at economictimes.indiatimes.com →

More in Finance & Markets

Ipsen delivers outstanding sales growth in the first nine months of 2026 and further upgrades its full-year guidance

Year-to-date total sales growth of 24.6% at CER1, or 23.0% as reported, with the core portfolio2 achieving sales growth of 24.2%1 Further upgraded FY 2026 financial guidance: total sales growth around…

3h ago ·financialpost.com

Former Trident Reciprocal CEO Ordered to Pay $468K in Attorney and Arbitrator Fees

Trident Reciprocal Exchange is one of the new kids on the Florida block. It was launched in 2024 as the long-distressed Florida property insurance market began to thaw following statutory changes that…

3h ago ·insurancejournal.com

Galderma Delivers Net Sales of 4.765 B USD in the First Nine Months, Up 25.1% at Constant Currency Year-on-Year, and Raises Full-Year Net Sales Guidance

Ad hoc announcement pursuant to Art. 53 LR ZUG, Switzerland — Galderma Group AG (SIX:GALD), the pure-play dermatology category leader, today announced its sales performance for the first nine months…

3h ago ·financialpost.com

LG Display Q3 Operating Income Drops On Weak Sales; Turns To Net Profit

(RTTNews) - LG Display Co., Ltd. (LPL, 034220.KS), a South Korean electronics company, reported Thursday lower operating profit in its third quarter, while it turned to a net profit amid weak net…

3h ago ·nasdaq.com

Abu Dhabi fund joins Paras Healthcare IPO investors

Arabian Post Staff -Dubai A unit of Abu Dhabi Investment Authority has secured shares in Paras Healthcare’s Rs 14.5 billion initial public offering, placing the emirate’s sovereign wealth capital…

Abu Dhabi Investment Authority invests in Paras Healthcare IPO
Paras Healthcare IPO launches on October 21, bids close Friday
BlackRock, Eastspring, Norway fund also back IPO

3h ago ·thearabianpost.com

(LEAD) Young Poong loses shareholder derivative suit against Korea Zinc

SEOUL, Oct. 22 (Yonhap) -- A Seoul court on Thursday ruled against Young Poong C...

3h ago ·en.yna.co.kr