Mahindra and Mahindra Ltd

Stage 4 · Declining · week 2

As of 9 Oct 2026, Mahindra and Mahindra is in Stage 4 — declining, a downtrend, in week 2 (since 30 Sep 2026). It closed at ₹2,796, 26.5% below its 52-week high and below its 200-day average, which is falling. In Consumer Discretionary, 30.7% of stocks are in Stage 2.

Mahindra & Mahindra Limited provides mobility products and farm solutions in India and internationally. More about the company

₹2,796.2
+1.64% today
₹3.36L Cr · Large cap
Market Neutral — FadingConsumer Discretionary 30.7% in Stage 2-3.7 pts / 20dFour Wheelers 12.5%0.0 pts

Pro read

Pro

Our read

Declining — below its long-term trend

Setup score

—

Momentum

Steady

Edge

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Is M&M early, or has it already run? Pro answers that for every NSE stock, after every close.

₹2,999 · 12 months₹1,999 · 6 months
Loading price chart…
vs 52W High
-26.5%
₹2,751.2 lo₹3,802.4 hi
26.5% below 52W high — ongoing decline
In Stage 4, distance from the 52W high reflects ongoing decline — not a discount. Avoid catching falling knives.
Stage Maturity
Week 2
1w13w26w
Week 2 — early Stage 4 decline
How long this stock has been in Stage 4 decline. The longer the downtrend, the more entrenched the selling pressure — there's no 'bottom' time to buy.
vs 200 DMA
-14.2%
200 DMA: ₹3,260.8 · sloping down
In Stage 4, the stock is below its 200 DMA — the hallmark of a downtrend. No long positions warranted until this reverses structurally.
Rel Volume
0.54x
vs 50-day avg
High volume on down days in Stage 4 confirms institutional selling. Low volume bounces are typical — they lack real buyers and should not be mistaken for reversals.
Trend Health
↓
MA20 rolling over · -5.3% vs MA50 -2.4%
Two-layer momentum read: the glyph shows whether the 20-day MA is rising (↑/↗), flat (→), or rolling over (↓). The ⇈ flag fires when the 20-day MA is pulling away from the 50-day MA — short-term momentum building on top of the longer trend. Best when both glyphs agree.
1M
-11.5%
3M
-10.6%
6M
-12.9%
YTD
-22.9%
1Y
-19.3%
Sector
Consumer Discretionary
↓ Peaking
Stage 2%
30.7%
20d Δ
-3.7pp
1M return
-6.2%
3M return
-1.7%
Sector Stage-2 % · last 20 days
Sector has 138 Stage 2 leaders. See Consumer Discretionary Stage 2 →
Industry
Four Wheelers
→ Flat
Stage 2%
12.5%
20d Δ
+0.0pp
1M return
-10.5%
3M return
-12.4%
Industry Stage-2 % · last 20 days
Industry has 1 Stage 2 leader. See Four Wheelers Stage 2 →
Stage Cycle Timeline2023-07-14 → 2026-10-09
S2 17w
S2 40w
S2 34w
S4 19w
2023-07-142026-10-09
S1S2S3S4Setup score (0–10, dashed line at 5)
S2 17w → S3 4w → S2 40w → S3 2w → S2 13w → S3 2w → S2 7w → S3 3w → S4 8w → S1 4w → S2 34w → S3 7w → S4 19w → S1 8w → S4 1w current
Total tracked: 168 weeks across 15 stage runs.
Scan Membership
Breakout Watch
Latest: 2025-06-13
3 appearances in last 60 days. First seen: 2024-09-30.
Stocks that stay in the scan for 13+ weeks are in the highest observed-return cohort — they keep qualifying because the structure remains intact, not by luck. Persistence in the scan is itself a quality signal.
Recent Stage Timeline
2026-10-09S4
Wk 2 · Vol 0.54x
2026-10-08S4
Wk 2 · Vol 1.45x
2026-10-07S4
Wk 1 · Vol 1.50x
2026-10-06S4
Wk 1 · Vol 1.17x
2026-10-05S4
Wk 1 · Vol 1.49x
2026-10-01S4
Wk 1 · Vol 2.54x
2026-09-30S41→4
Wk 1 · Vol 1.09x
2026-09-29S1
Wk 9 · Vol 1.55x
2026-09-28S1
Wk 8 · Vol 0.99x
2026-09-25S1
Wk 8 · Vol 0.99x
2026-09-24S1
Wk 8 · Vol 0.90x
2026-09-23S1
Wk 8 · Vol 1.24x
Sector Peers — Stage 2All →
SHANTIGOLD
wk 17 · 0.0% from hi
9.8
FILATEX
wk 13 · -2.6% from hi
9.6
SBC
wk 60 · -1.2% from hi
9.5
DPABHUSHAN
wk 7 · 0.0% from hi
9.4
RUBYMILLS
wk 21 · -6.6% from hi
8.4
Moving averages & range
50 DMA
₹3,201.6
200 DMA
₹3,260.8
52W High
₹3,802.4
52W Low
₹2,751.2
5D Low
₹2,751.2
Resistance levels (recent highs)
20d High
₹3,123.8
60d High
₹3,517
120d High
₹3,517
250d High
₹3,802.4
Next resistance
+11.7%
to 20d High
Ask the Market AI about M&MAsk →
P/E (TTM)
20.5
Forward 19.5
Earnings Growth (YoY)
+44.8%
Revenue +30.9%
ROE
+18.8%
Profit margin +8.5%
Dividend Yield
1.06%
P/B 3.7
About this companyConsumer Discretionary· Four Wheelers

Mahindra & Mahindra Limited provides mobility products and farm solutions in India and internationally. It operates through five segments: Automotive; Farm Equipment; Auto Investments; Farm Investments; and Investments in Industrial Businesses and Consumer Services. The company offers commercial vehicles, trucks, buses, vans, passenger cars, utility vehicles, and electric vehicles (EV), as well as motorcycles; aero and defense products; offers construction equipment, such as rotaries, tillers, loaders, and backhoes under the Mahindra EarthMaster brand; and road construction equipment comprising motor graders under the Mahindra RoadMaster brand. It is also involved in the provision of farm equipment, including tractors under the Mahindra, Swaraj, and Trakstar brands, as well as farm mechanization solutions, such as rotavators, cultivators, harvesters, rice transplanters, balers, sprayers, and implements and attachments; and renewable energy business comprising installation of EV chargers and provision of Li-ion batteries. In addition, the company offers financial services, such as fixed deposits, retail and other loans, leasing, SME finance, housing finance, mutual funds, and life and non-life insurance broking services, as well as vehicle and equipment financing; provides logistics services; power backup solutions, including diesel and gas generators; and technology services comprising business process, integrated engineering, infrastructure and cloud, network, application development and maintenance, supply chain digital transformation, and design services. Further, it engages in the sale of timeshare and vacation ownership through its resorts; develops and sells residential properties, and engages in the development, management, and operation of commercial complexes; and processing and trading of steel for automotive, non-automotive, and power industries. The company has a strategic partnership with Embraer S.A. for the development of C-390 Millennium multi-mission military transport aircraft in India. The company was incorporated in 1945 and is headquartered in Mumbai, India.

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All analytics based on EOD data. Data as of 2026-10-09. Past data patterns are not indicative of future results. This page is a data analytics tool only.