294.8500 -7.90 (-2.61%)
NSE May 02, 2025 15:31 PM
Volume: 195.9K
 

294.85
-2.61%
ICICI Securities Limited
Mahindra Logistics Limited’s (MLL) Q2FY25 EBITDA performance undershot our/consensus estimates by 6.2%/23.6%. Key points: 1) Network services, which is ~18% of overall business, grew 46.1% YoY while 3PL grew by 6.8%. 2) Gross margins
improved for network services.
Number of FII/FPI investors decreased from 79 to 60 in Mar 2025 qtr
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