[Stock idea]: Mahindra Logistics…Can Management change and Rights issue turnaround the company?
Recently, while screening for stocks for our Premium Members, I came across Mahindra Logistics. In general, Mahindra Group has done well for shareholders; however, Mahindra Logistics has performed badly since it got listed in Nov’17. What’s interesting though is that recently there’s been management change and Hemant Sikka, 25+ years in Mahindra Group, has taken charge as MD & CEO. Also, in Jul’25, the company came out with a Rs 750 crore rights issue that will be used for deleveraging the…
