SML Mahindra Ltd

Stage 2 · Advancing · week 8Setup 4.6 WatchWeak -2.9

As of 16 Oct 2026, SML Mahindra is in Stage 2 — advancing, the uptrend phase, in week 8 (since 21 Aug 2026). It closed at ₹6,124, above its 200-day average, which is rising. In Industrials, 26.3% of stocks are in Stage 2.

SML Mahindra Limited manufactures and sells commercial vehicles and related parts in India and internationally. More about the company

₹6,124
+1.53% today
₹8,862 Cr · Mid cap
Market Neutral — FadingIndustrials 26.3% in Stage 2-1.5 pts / 20dTrucks & Buses 50.0%-25.0 pts

Pro read

Pro

Our read

In Stage 2, but it has already run

Setup score

4.6 Watch

Momentum

Steady

Edge

Weak -2.9

Setup-score rank among Stage 2 peers: #1 of 2 in Trucks & Buses · #83 of 134 in Industrials

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

₹2,999 · 12 months₹1,999 · 6 months
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vs 52W High
—
How far this stock is from its 52-week high. A pullback of 3–20% while Stage 2 structure holds is typically a better entry than chasing near the high.
Stage Maturity
Week 8
1w13w26w
Week 8 — early Stage 2, building
How long this stock has been in Stage 2. The sweet spot is mid-run — enough time to prove the structure holds, not so long it's extended. Very fresh (wk 1–4) often needs more time to confirm.
vs 200 DMA
35.0%
200 DMA: ₹4,537.2 · rising
Long-term trend anchor. When stock and Nifty are both above their 200 DMA, the macro backdrop supports continuation.
Rel Volume
0.29x
vs 50-day avg
Low vol (0.5–1x) on pullbacks = resting, not being sold. High vol on breakouts = commitment. Volume spike on down days is a warning sign.
Trend Health
↓
MA20 rolling over · -1.6% vs MA50 +14.5%
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
+2.6%
3M
+49.9%
6M
+40.9%
YTD
+58.5%
1Y
—
Sector
Industrials
↓ Peaking
Stage 2%
26.3%
20d Δ
-1.5pp
1M return
-0.9%
3M return
-2.4%
Sector Stage-2 % · last 20 days
Industry
Trucks & Buses
↓ Peaking
Stage 2%
50.0%
20d Δ
-25.0pp
1M return
-2.4%
3M return
-0.9%
Industry Stage-2 % · last 20 days
Stage Cycle Timeline2025-10-30 → 2026-10-16
S? 42w
S2 8w
2025-10-302026-10-16
S1S2S3S4Setup score (0–10, dashed line at 5)
S? 42w → S2 8w current
Total tracked: 50 weeks across 2 stage runs.
Scan Membership
Prop Scan
Latest: 2026-10-16
Breakout Watch
Latest: 2026-08-21
36 appearances in last 60 days. First seen: 2026-08-21.
A stock that keeps qualifying week after week does so because its Stage 2 structure keeps holding — staying power in the scan says more about the trend than any single appearance.
Recent Stage Timeline
2026-10-16S2
Wk 8 · Vol 0.29x
2026-10-15S2
Wk 8 · Vol 0.27x
2026-10-14S2
Wk 8 · Vol 0.42x
2026-10-13S2
Wk 8 · Vol 0.95x
2026-10-12S2
Wk 7 · Vol 0.17x
2026-10-09S2
Wk 7 · Vol 0.25x
2026-10-08S2
Wk 7 · Vol 0.32x
2026-10-07S2
Wk 7 · Vol 0.25x
2026-10-06S2
Wk 7 · Vol 0.30x
2026-10-05S2
Wk 6 · Vol 0.22x
2026-10-01S2
Wk 6 · Vol 0.40x
2026-09-30S2
Wk 6 · Vol 0.26x
Sector Peers — Stage 2All →
BHAGYANGR
wk 25 · 0.0% from hi
9.8
LOKESHMACH
wk 28 · -8.0% from hi
8.9
SHIVAUM
wk 28 · 0.0% from hi
8.4
SHREEJISPG
wk 17 · 0.0% from hi
8.4
ROSSTECH
wk 31 · -6.1% from hi
8.2
Moving averages & range
50 DMA
₹5,881.7
200 DMA
₹4,537.2
52W High
—
52W Low
—
5D Low
₹5,795.5
Resistance levels (recent highs)
20d High
₹6,825.5
60d High
₹6,825.5
120d High
₹6,825.5
250d High
—
Next resistance
+11.5%
to 20d High
Ask the Market AI about SMLMAHAsk →
P/E (TTM)
35.3
Forward —
Earnings Growth (YoY)
+2.3%
Revenue +16.4%
ROE
+35.4%
Profit margin +5.6%
Dividend Yield
0.61%
P/B 10.9
About this companyIndustrials· Trucks & Buses

SML Mahindra Limited manufactures and sells commercial vehicles and related parts in India and internationally. The company's products include trucks and buses. It provides special application, cargo, and passenger vehicles. It offers its products through distributors and dealers. The company was formerly known as SML Isuzu Limited and changed its name to SML Mahindra Limited in October 2025. SML Mahindra Limited was incorporated in 1983 and is based in Mohali, India. As of August 1, 2025, SML Isuzu Limited operates as a subsidiary of Mahindra & Mahindra Limited.

Visit company website →

All analytics based on EOD data. Data as of 2026-10-16. Past data patterns are not indicative of future results. This page is a data analytics tool only.