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Mahindra & Mahindra shares rally 8% on GST overhaul. Is it the auto sector’s biggest winner?
Mahindra & Mahindra shares surged 7.8% as GST overhaul cuts taxes on SUVs, small cars, and tractors, boosting demand. Analysts highlight M&M as a key beneficiary, with broader auto sector gains expected. Lower rates and uniform duties support mass-market recovery and festive-season sales.
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