M&M Financial share price plunges 10% after Q2 results 2026 but brokerages divided on outlook | Buy, sell or hold?

Despite a 55% rise in quarterly profit and improved credit costs, M&M Financial Services slumped nearly 10%. ICICI Securities retained its Buy rating, while Nomura lowered its target price and Nuvama maintained Hold, citing potential pressure on funding costs, margins and tractor-loan quality.