M&M stock to 'Roxx' n roll with new 5-door Thar, 38% upside seen

Mahindra & Mahindra launched the Thar Roxx, aiming to broaden its market with an aspirational yet affordable off-roader. Analysts forecast up to a 38% rise in the stock value, despite its significant rally over the past year. The five-door model, starting at Rs 13-14 lakh, is expected to double the Thar portfolio volumes.