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Mahindra Finance Q1 Results Review - Steady Growth, Better Asset Quality; Maintaining A Buy: Anand Rathi

The brokerage raises its FY26E and at its higher target price of Rs 340, the stock would trade at 1.7 times FY26e book value (earlier 1.6 times FY26e).

<div class="paragraphs"><p>Close view of Mahindra Finance signage. (Photo: Usha Kunji/NDTV Profit)</p></div>
Close view of Mahindra Finance signage. (Photo: Usha Kunji/NDTV Profit)
NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy. 
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