Shares of Mahindra & Mahindra (M&M) surged 2% after global brokerage firm CLSA reiterated its “outperform” rating with a target price of ₹3,440. The firm highlighted robust growth opportunities in SUVs and the electric vehicle (EV) space.

Mahindra & Mahindra opened today at ₹2,845.00, hitting a high of ₹2,920.90 before returning to its opening level. The stock remains below its 52-week high of ₹3,222.10, reflecting recent market pressures.

As of 9:31 am, Mahindra & Mahindra shares were trading 2.90% higher at Rs 2,929.40 on the NSE.

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TOPICS: Mahindra & Mahindra