“M&M stock has seen a time-wise corrective phase in the last five months. In the month of October, the auto stocks went through a price-wise corrective phase, but this stock has shown a relative outperformance. Traders can buy for a target of Rs 3200 in the next few weeks,” Ruchit Jain, Lead Research, 5paisa.com, said.
ET Online | 06 Nov 2024, 08:02 AM IST