M&M Shares Jump Over 3%: Company Reports 21% Growth in Auto Sales
Join Us
Follow Us
Mahindra & Mahindra shares rise over 3 per cent after reporting 21 per cent YoY growth in March 2026 auto sales
✨ AI Powered Summary
Mahindra & Mahindra Ltd saw its shares rise by over 3 per cent on the first day of the financial year, following the announcement of strong auto sales growth. The company reported a total of 99,969 vehicles sold in March 2026, marking a 21 per cent year-on-year increase, including exports.
The Utility Vehicles (UV) segment delivered particularly strong performance, with domestic sales reaching 60,272 units, up 25 per cent from the previous year. Overall UV sales, including exports, stood at 62,109 vehicles. The Commercial Vehicles (CV) segment also grew steadily, with domestic sales of 24,928 units, reflecting an 11 per cent increase.
For the financial year 2025-26, M&M achieved record-high volumes across its key segments. SUV sales reached 6,60,276 units, registering a 20 per cent year-on-year growth, while Light Commercial Vehicle (LCV, <3.5T) sales rose to 2,89,597 units, up 13 per cent over the previous year.
According to Nalinikanth Gollagunta, CEO, Automotive Division, M&M Ltd.,
“The financial year ended on a very positive note, with Mahindra clocking its highest-ever volumes in both SUVs and LCVs (<3.5T) segments, a significant milestone for the company. In March, we achieved SUV sales of 60,272 units, a growth of 25 per cent, and LCV (<3.5T) sales of 24,928 units, a growth of 11 per cent year-on-year. Total vehicle sales stood at 99,969 units, a 21 per cent year-on-year growth.”
Mahindra & Mahindra Ltd. is the flagship company of the Mahindra Group. The company primarily focuses on mobility products and farm solutions. It offers a wide range of products, including SUVs, pickups, commercial vehicles, tractors, electric vehicles, two-wheelers, gensets and Construction equipment.
Mahindra & Mahindra Ltd Share Price Performance
M&M share price is trading at Rs 3,050.50. This is a rise of Rs 95.80, which translates to a gain of 3.24 per cent. During the trading session, the stock opened at Rs 3,079.90 and touched an Intraday high of Rs 3,079.90, while the low stood at Rs 3,022.20. The previous close was Rs 2,954.70.
On a year-to-date (YTD) basis, the stock is down 19.45 per cent, while it has delivered a return of 14.84 per cent over the past year.
Disclaimer: The article is for informational purposes only and not investment advice.