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The Economic Times

Markets / The Economic Times

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Ashwin Patil on M&M: Numbers in line, but margins and market share a concern

Mahindra & Mahindra's recent quarterly results met market expectations. However, analysts noted concerns regarding profit margins and market share. New product launches, including the 3XO, impacted average selling prices. The tractor segment also saw some market share decline. Despite these points, the company's stock remains a buy for some.

11 Feb 2026 2:01 pm