Morgan Stanley has reiterated its Equal-Weight call on Mahindra & Mahindra Financial Services Limited, setting a target price of ₹320 per share, suggesting a slight downside from the current price of ₹322.00. The firm has assumed higher growth in H2FY25, but warns that if disbursements do not pick up, there could be risks to the outlook.
Key points:
- H2FY25 growth assumptions: The outlook assumes higher growth in the second half of FY25.
- Near-term risks: If disbursements don’t increase as expected, there could be risks to the company’s growth outlook, leading to potential near-term stock weakness.
Disclaimer: This information is for informational purposes only and should not be considered investment advice. Please consult a financial advisor before making any investment decisions.
