337.0500 -0.30 (-0.09%)
NSE Jun 27, 2025 15:31 PM
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Mahindra Logistics Ltd.
26 Apr 2023, 12:00AM
337.05
-0.09%
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 L.. has an average target of 442.60 from 5 brokers.
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