Mahindra & Mahindra reported a strong Q1FY26 with revenue up 23% to ₹34,083 crore and profit rising 24% to ₹4,083 crore, driven by SUV and tractor sales. Analysts remain bullish, citing operational efficiency and rural demand. With shares at ₹3,220, Vatsal Khemka sees a 15% upside, setting a ₹3,700 target.