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Analysts Hike Target Price As Tractor Business Guidance Raised

Mahindra & Mahindra Ltd. stock got target price hikes after the company posted net profit growth, as demand for SUVs continued to deliver well.

Net profit of the Scorpio maker rose 19% year-on-year to Rs 2,964 crore in the quarter ended Dec. 31, as revenue increased 20% to Rs 30,538 crore. The…

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