Mahindra & Mahindra's shares fell 6% after the company planned to raise ₹4,500 crore through rights issues.

Mahindra & Mahindra's shares dropped over 6% after the company and its two subsidiaries, Mahindra & Mahindra Financial Services Ltd and Mahindra Lifespace Developers Ltd, announced plans to raise a total of ₹4,500 crore through rights issues. Despite the stock decline, some analysts maintain a 'Buy' rating on M&M, highlighting its strong performance in battery electric vehicles and overall market position. The company has seen a 44.27% return over the past year, though its stock price fluctuated.