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Mahindra Logistics Surges 6% Post Q4 Results; ICICI Securities Upgrades to ‘Add’

  • By admin
  • April 22, 2025
  • 24 Views

📈 Mahindra Logistics Share Price Update:

  • 🚀 Shares surged over 6%, hitting an intraday high of ₹322.45, the highest in six sessions.
  • 📊 At 11:49 AM, stock was up 4.88% from Monday’s close of ₹307.40.
  • 📆 This marks the sixth consecutive day of gains, with a total jump of 23% during this period.
  • 📈 In comparison, the Nifty50 was up 0.34%, trading at 24,207.80.

🧾 Q4FY25 Financial Highlights:

  • 💸 Net loss reduced to ₹6.75 crore, from ₹12.85 crore in Q4FY24.
  • 💰 Revenue rose 8.2% YoY to ₹1,570 crore.
  • 💪 EBITDA stood at ₹78 crore, up 36.8% from ₹57 crore last year.

🏦 Brokerage Views:

🔹 Motilal Oswal (MOFSL):

  • ⚠️ Express business remains weak due to low volume & competition.
  • 📉 Profitability in express segment to improve gradually.
  • 🔄 Rating: Neutral | Target: ₹300 | Basis: 11x FY27E EPS.

🔹 ICICI Securities:

  • 📉 Rivigo losses narrowed: FY25 EBITDA loss at ₹51.1 crore (vs ₹80.3 crore in FY24).
  • 💡 Management expects break-even by Q2FY26.
  • 🆙 Upgraded rating to ‘Add’ (from Hold).
  • 🎯 Target price: ₹350 (valued at 7x FY27E EV/EBITDA).

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