Mahindra & Mahindra Shares Ran In Weak Market, Experts Gave Advice To Buy With This Target

New Delhi:- For the first time Mahindra & Mahindra shares have crossed the Rs 1,000 level. There are many brokerage houses now looking bullish on this stock. They have reduced the price target from Rs 1100 to Rs 1200.

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For the first time company Mahindra & Mahindra shares have crossed the level of Rs 1,000. Till the time of writing the news shares of Mahindra & Mahindra company were trading at Rs 1031.50. Mahindra & Mahindra company shares have registered a rise on its second consecutive day.

In March quarter Mahindra & Mahindra had made a profit of Rs 1,192 crore. Till Friday income of Mahindra & Mahindra company’s has increased by Rs 17124 crore which is 28 percent.

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Brokerage house has given a target of price Rs 1150. Motilal Oswal says that, brokerage house retained its buy rating on its shares. Mahindra & Mahindra company shares have registered a rise on Friday morning. Future of tactor business is looking better said by the brokerage. The brokerage says that automobile business will lead the company.

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Priyanka Yadav

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