Havells India and M&M Finance Stocks Plummet 3% After Q4 Results Release
The recent Q4 results have had a significant impact on the stock market, with Havells India and Mahindra & Mahindra Finance witnessing a 3% decline in their stock prices. Despite Havells India posting a 16% jump in its Q4 net profit, the market reacted negatively to the news. On the other hand, Mahindra Finance reported a 9% fall in its Q4 profit to Rs 563 crore, attributed to surging credit costs and narrowing margins. This downturn has led to a decline in investor confidence, resulting in the stocks taking a hit. As the financial sector continues to navigate through challenges, investors are keeping a close eye on the performance of these companies, with key terms like 'stock market trends', 'Q4 results', and 'financial performance' being closely monitored. The market will be watching to see how these companies rebound from this setback and regain investor trust.
