M&M Financial stock plummets 7% amid disappointing Q2 growth and asset quality

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Mahindra & Mahindra Financial Services shares trade at ₹313.35 on NSE

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Heavy selloff in M&M Financial stock triggered by high trading volumes

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M&M Financial disbursements fall 1% YoY to ₹13,160 crore

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Nomura warns M&M Financial needs 19% growth to meet FY25 disbursement goals

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M&M Financial's asset quality declines with the gross NPA ratio rising to 3.8%

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Competitive segments pose a risk to M&M Financial's asset yields

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M&M Financial's profitability lags with low return on equity compared to peers

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Nomura expects Q2 to be tough for M&M Financial amid growth and asset quality woes

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