M&M Share Price, Analysis & Fundamentals

Mahindra & Mahindra shows strong Mar 2026 fundamental growth, but recent price action and a bearish RSI at 43.96 suggest persistent selling pressure is currently dominating sentiment.

Mahindra & Mahindra's stock shows a bearish technical trend, trading below its 50-day and 200-day moving averages with a negative trend alignment score of -3, indicating potential downside.
Momentum indicators are also bearish, with the Relative Strength Index (RSI) at 43.96 and a bearish crossover on the MACD, suggesting that selling pressure may be increasing.
Despite the bearish technicals, the company reported strong fundamental growth for the Mar 2026 quarter, with revenue increasing by 29.07% YoY to ₹54,982 Cr and net profit surging by 48.50% YoY to ₹5,260 Cr.
Analysts maintain a strong positive outlook, with 97.06% of recommendations being 'Strong Buy' or 'Buy', signaling confidence in the company's long-term prospects despite short-term technical weakness.
Institutional investors continue to hold a dominant 67.6% stake in the company as of Mar 2026, with recent quarter-on-quarter shifts showing a decrease in FII holdings by 1.26% and an increase in DII holdings by 0.98%.

The stock experienced a positive 1-day return of 1.65%, but has seen negative returns over the 5-day (-0.49%) and 1-month (-5.50%) periods.
The trend is currently bearish, with the price below the 50-day and 200-day moving averages, and a negative trend alignment score of -3.
Momentum indicators show a bearish bias, with RSI at 43.96 and MACD lines indicating a bearish crossover.
Volatility is moderate, with the price trading at 30.34% of the Bollinger Band width, and a negative Z-score of -0.787 suggesting mean reversion potential.
The stock is positioned 2.57% above its 52-week low and 20.93% below its 52-week high, with a current drawdown of -20.93%.

The stock exhibits a bearish technical setup, characterized by prices trading below key moving averages and a negative trend alignment score. Momentum indicators, including RSI and MACD, also suggest a bearish outlook. While volatility is moderate, the price is closer to its 52-week low than its high, with a significant drawdown from its peak. Volume signals are mixed, with average daily volume showing some conviction but not a strong bullish signal.

Revenue in Mar 2026 quarter was ₹54,982 Cr, a 29.069% YoY increase.
Net profit for the Mar 2026 quarter reached ₹5,260 Cr, up 48.504% YoY.
EPS in Mar 2026 quarter was ₹37.53, showing a 41.623% YoY growth.
Profit before tax saw a significant YoY increase of 49.427% to ₹6,914 Cr.

Mahindra & Mahindra participated in the Citi India Conference 2026 on June 5, 2026, in Mumbai. The company confirmed that no material non-public information (UPSI) was shared during this event. Prior to this, an announcement regarding an analyst/investor meet was made on June 4, 2026.