Automobile
Auto - 4 Wheelers
from 3,284 today
MM’s Q1FY27 standalone operating revenue and PAT were modestly above estimates, while margins missed estimates due to RM inflation, supply chain disruption, and manpower issues. Management maintains volume growth guidance, and we reiterate our BUY rating with a target price of INR3,950.
Ratings and target prices as published by each firm. Each summary condenses that firm's stated view in its own note and is attributed to it; no report text is reproduced.
