Tuesday's Preview: Mahindra & Mahindra Aims for Rebound After Dip; Analysts See Upside

Mahindra & Mahindra (M&M) is in focus as markets open for trading on Tuesday, February 18, 2025, after experiencing a recent dip. Despite closing at ₹2,831.95 on Monday and a retreat from its peak of ₹3,131 earlier in February, analysts remain optimistic about the stock's prospects. ICICI Securities has set a target price of ₹3,680, citing strong performance in UV and tractor segments. HSBC also maintains a Buy rating with a target of ₹3,520, emphasizing M&M's robust SUV order book and diverse operations. Investors will be closely watching for signals of a potential rebound driven by M&M's strong Q3 performance and expanding EV initiatives.

 

Sources: INDmoney, Moneycontrol, Equitypandit