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M&M Share Price Fall: Here's why Kotak sees a turnaround despite SUV, tractor concerns
CNBC-TV18 1 hr ago·14 Oct 2026, 6:37 am
Mahindra & Mahindra (M&M) shares have faced recent pressure due to investor worries about its traditional SUV and tractor businesses. However, analysts at Kotak Mahindra remain optimistic about the company's long-term prospects. They believe that despite short-term headwinds in these core segments, M&M is on a path to recovery and sustained growth.
This outlook is largely driven by the company's strategic push into electric vehicles (EVs). As EV penetration increases in the Indian market, M&M is positioned to benefit significantly from this growing trend. Investors are closely watching the company's execution on its new product launches and its ability to navigate the current demand challenges in the domestic market.
Excerpt from CNBC-TV18
Published On Oct 14, 2026 | 12:07 IST Last Updated On Oct 14, 2026 | 12:07 IST Kotak Institutional Equities maintains a Buy rating on Mahindra & Mahindra, lowering its target price to 4,000 rupees while citing a potential 40 percent upside despite recent cyclical concerns. Shares of Mahindra & Mahindra (M&M) were…Read the original at CNBC-TV18
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Key takeaways
- Concerns Mahindra & Mahindra (M&M).
- Category: Company.
- Assessed as a significant, market-relevant update.
Why it matters
A meaningful update for Mahindra & Mahindra worth tracking. Use the price and stock snapshot to gauge how the market is responding.
