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2026-03-02 02:42:43 pm | Source: Accord Fintech
Mahindra & Mahindra declines despite 18% rise in overall auto sales in February
Mahindra & Mahindra declines despite 18% rise in overall auto sales in February

Mahindra & Mahindra is currently trading at Rs. 3315.75, down by 84.15 points or 2.48% from its previous closing of Rs. 3399.90 on the BSE.

The scrip opened at Rs. 3177.55 and has touched a high and low of Rs. 3374.40 and Rs. 3177.55 respectively. So far 132662 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 3840.00 on 05-Jan-2026 and a 52 week low of Rs. 2360.45 on 07-Apr-2025.

Last one week high and low of the scrip stood at Rs. 3504.95 and Rs. 3177.55 respectively. The current market cap of the company is Rs. 410209.07 crore.

The promoters holding in the company stood at 18.44%, while Institutions and Non-Institutions held 68.00% and 13.56% respectively.

Mahindra & Mahindra (M&M) has reported a 18.05% rise in its overall auto sales (including SUVs, LCVs <3.5T, LCV < 2T, 3-wheelers, and export volumes) at 97,177 units for the month of February 2026 as compared to 82,319 units in the same month last year. Of the total, the company has posted 19% increase in domestic passenger vehicles sales at 60,018 units in February 2026, as compared to 50,420 units of passenger vehicles in February 2025.

Domestic sales of three-wheelers, including electric 3Ws, were at 9,190 units in February 2026, as compared to 6,395 units in February 2025, a growth of 44%. The domestic sales for Commercial Vehicles (LCV 2 T - 3.5 T) grew 12% at 21,416 vehicles against 19,155 vehicles in February 2025. However, the company’s domestic sales of Commercial Vehicles (LCV < 2T) decreased 4% to 3,169 units in February 2026 as compared to 3,290 units in February 2025.

Additionally, the exports of the company increased 11% to 3,384 units in February 2026 as compared to 3,059 units in February 2025.

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