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Mahindra & Mahindra Financial Services shares fell 5% to Rs 257 in early trading due to the announcement of delayed Q4 results following a fraud exceeding Rs 150 crore at a North East branch. ....
M&M Finance said the agenda matters pertaining to approval of the audited standalone and consolidated financial results, recommendation of dividend, AGM and related matters, which were to be considered at the board meeting scheduled to be held on April 23, were being deferred to a later date, in view of the latest development.
M&M Finance is showing high volume breakout on weekly chart. It has given range breakout above Rs 280-285 level, which was its previous week high. ....
Morgan Stanley maintained an overweight rating on D-Mart with a target price of Rs 4471. The Q3 operational metrics improve further, however, the pace of store additions needs to pick up, it said. ....