Mahindra Finance shares drop 3.2% as analysts flag weak Q1 led by low disbursements, flat demand, and high credit costs.

• CLSA calls Q1 profit dividend-driven, with muted disbursements in most segments except tractors.
• UBS and Morgan Stanley cut FY26 growth estimates, citing AUM pressure and soft vehicle demand.
• MMFS up 3% YTD, matching mid-cap index; median analyst price target at ₹288.97 with overall "hold" rating.