GAGA Share Market News

[hfe_template id='11223'] [ad_1] Shares of M&M climbed 3% to Rs 2,568 during Friday's intraday session on BSE after the global brokerage firm BofA upgraded its rating on the stock from Neutral to Buy. BofA also raised the stock's target price to Rs 3,050 from Rs 2,480, indicating an upside potential of 22% from the previous day's closing price of Rs 2,494.7 apiece. BofA Securities believes that M&M has multiple growth catalysts that will play out in the next 12-18 months. The company's core business remains steady with market share gains in the SUV segment and a potential turnaround in the tractor business, BofA stated in a note. Also Read: Modi magic! PSU stocks create Rs 7 lakh crore wealth this election season M&M's subsidiaries are expected to contribute more significantly to the company going forward. BofA highlighted the new leadership, bold growth plans, and focus on sustainability within the subsidiaries as key positives. At 11:32 ...

[hfe_template id='11223'] [ad_1] Shares of Mahindra & Mahindra jumped over 4% on Tuesday to hit a fresh record high of Rs 2,152.15 after the company launched a compact SUV named XUV 3XO in competition with its peers like Tata Nexon, Hyundai Venue and Maruti Suzuki Brezza. The price of the SUV starts from Rs 7.49 lakh. Appealing to multiple segments, XUV 3XO aims to transcend the expectations of the new-age SUV buyers. Each variant is tailored to meet the specific needs and preferences of its respective segment. The vehicle has a first-in-segment skyroof, dual-zone climate control, 65 W USB-C charging, electronic parking brake with auto hold, 3 smart steering modes, and level 2 ADAS. “With the launch of the XUV 3XO, starting at an attractive price of ₹ 7.49 Lakh, Mahindra is redefining what an SUV can be. Engineered to deliver 'Everything you want & more,' the XUV 3XO is designed to cater to a broad spectrum of customers. From those upgrading from a hatchb...