3012.7000 6.40 (0.21%)
NSE May 23, 2025 15:31 PM
Volume: 1.8M
 

3012.70
0.21%
M&M beats estimates, Motherson Sumi misses, both fall in share price

Noida-based auto parts maker Motherson Sumi (which is in nine stock screeners today including top losers)  released results showing a miss of the consensus estimates for its September quarter. Net profits fell to Rs. 371 crore, a decline of 15% versus estimates of Rs. 509 crore. Margins fell 8.6% compared to 9.1% the same quarter last year. 

Mahindra & Mahindra (M&M) declined despite a beat of estimates. Net profit for the company is up 26% YoY to Rs 1,779 crore versus an estimate of Rs 1,325 crore. However operating margin fell as expected from 16% to 14.5%. For all results click here.

 

Mahindra & Mahindra .. has an average target of 3468.56 from 9 brokers.
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