355.5500 2.00 (0.57%)
NSE Sep 25, 2025 12:38 PM
Volume: 40,847
 

355.55
0.57%
ICICI Securities Limited
Mahindra Logistics’ (MLL) Q4FY23 EBITDA of Rs637mn (up 16% YoY) was in line with our estimates; however, it missed street estimates by 7%. Key takeaways include: 1) Mixed quarter for 3PL division as automotive and manufacturing sectors contributed to growth while consumer and e-commerce lagged.
Mahindra Logistics Ltd. is trading above all available SMAs
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