Mahindra and Mahindra (M&M) share price jumped nearly 3 percent to the intraday high of Rs 884.50

Mahindra-and-Mahindra

Mahindra and Mahindra (M&M) share price jumped nearly 3 percent to the intraday high of Rs 884.50 on November 9 ahead of September quarter earnings, to be declare later today.

Mahindra & Mahindra may report a 12 percent drop in profit as the sector endures challenges such as a worldwide shortage of semiconductors and a steep rise in commodity prices, analysts said.

Margins are expected to be impacted by raw material headwinds, which will result in profit after tax declining by 11-12 percent from a year earlier.

Revenue is expected to increase by 7-8 percent year-on-year, aided by an about 3 percent increase in both volumes and realisations.

News Source:- Moneycontrol

For Enquiry Fill The Form

    *Note:- Please provide a valid Email Id to receive OTP from bigprofitbuzz.com.

    Facebook Iconfacebook like buttonYouTube IconTwitter Icontwitter follow button