M&M shares hit new high, soar 40% from April low; more upside ahead?

Driven by a strong order backlog and new launches, Motilal Oswal Financial Services expects M&M to continue outperforming industry growth in FY26

Mahindra & Mahindra (M&M) share price today

 

Mahindra & Mahindra (M&M) shares hit an all-time high of ₹3,302.90 today, gaining 1.3 per cent on the BSE in Wednesday's intraday trade, on a healthy business outlook.

 

The stock price of the automobile company surpassed its previous high of ₹3,276.30, which it had  touched on February 10, 2025. It has bounced back 40 per cent from its 52-week low level of ₹2,360.45, touched on April 7, 2025.

 

In the past one year, M&M shares have outperformed the market and the auto index by surging 17 per cent. In comparison, the BSE Sensex