Mahindra & Mahindra (M&M) Share Price Falls 2.7% Today; What the Decline Signals
- September 1, 2026
- Posted by: Harsh Piplani
- Category: News
Mahindra & Mahindra (M&M) Share Price fell to Rs 3,231.20 on 01 September 2026, down 2.7% for the day, taking the company’s market capitalisation to Rs 4,14,393.55 crore. The move stood out because the stock opened at Rs 3,370.15 and then moved steadily lower through the session.
The verified data confirms the price decline, but it does not establish a company-specific catalyst behind today’s move. Even so, the stock remains relevant in market discussions because Mahindra & Mahindra is a Large Cap name in the Automobile & Ancillaries sector, and the latest trade puts it below key longer-term moving averages while leaving valuation and profitability metrics open to closer scrutiny.
For investors, the immediate questions are straightforward: what happened in price terms, how does the current valuation compare with the passenger car industry benchmark, and where does the company stand against listed peers such as Maruti Suzuki India and Hyundai Motor India. Those are the numbers most likely to be tracked next.
Mahindra & Mahindra (M&M) Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 3,231.2 |
| Previous Close | Rs 3,321 |
| Today's Move | -Rs 89.80 (-2.7%) |
| Open | Rs 3,370.15 |
| High | Rs 3,370.15 |
| Low | Rs 3,226.7 |
| Turnover | Rs 33.08 crore |
| Market Capitalisation | Rs 4,14,393.55 crore |
| Market Cap Category | Large Cap |
Mahindra & Mahindra Share Price Today reflects a clear intraday decline. The stock moved from a stronger open to a weaker afternoon level, slipping Rs 89.80 from the previous close in a notable same-day reset for a large-cap auto stock.
The stock stood at Rs 3,231.20 versus a previous close of Rs 3,321, translating into a day change of -Rs 89.80 or -2.7%. It opened at Rs 3,370.15, which also marked the day’s high, and later touched a low of Rs 3,226.70. That sequence matters because the market initially placed the stock above the previous close, but the opening strength was not sustained.
Turnover at the time of the signal was Rs 33.08 crore, indicating that the move drew clear market attention even without any verified company-specific trigger in the supplied data. As a Large Cap company with a market capitalisation of Rs 4,14,393.55 crore, Mahindra & Mahindra tends to remain under close watch because even modest percentage changes can influence broader sector sentiment.
Mahindra & Mahindra (M&M) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 4,14,393.55 crore |
| P/E Ratio | 22.36x |
| P/B Ratio | 4.2x |
| ROE | 22% |
| ROCE | 16.29% |
| EPS | Rs 148.53 |
| Book Value Per Share | Rs 790.36 |
| Dividend Yield | 0.99% |
Mahindra & Mahindra Fundamental Analysis shows a company with large scale, healthy return ratios, and valuation levels that do not look stretched versus the industry median. These figures do not, by themselves, explain today’s fall, but they do help frame how the stock is being assessed.
The company’s market capitalisation stands at Rs 4,14,393.55 crore. The stock trades at a P/E ratio of 22.36 and a P/B ratio of 4.2. Return ratios remain notable, with ROE at 22 and ROCE at 16.29. On a per-share basis, EPS is Rs 148.53, book value is Rs 790.36, and dividend yield is 0.99. Together, these numbers help investors relate price to earnings, net worth, and historical payout.
These figures suggest the stock is being valued against a business that already delivers meaningful returns on equity and capital. At the same time, today’s decline may push investors to re-examine how much premium the market is willing to assign to those returns when compared with the broader passenger car peer set.
Technical Indicators and Trend Context
Available technical markers also add context to the day’s move. The RSI stands at 43.44, while the 50-day moving average is Rs 3,387.79 and the 200-day moving average is Rs 3,320.31.
With the stock at Rs 3,231.20, the latest price is below both the 50-DMA and the 200-DMA in the supplied data. That places the current trade below two widely tracked longer-term reference levels. The RSI reading of 43.44 sits in a neutral-to-weaker zone rather than an extreme reading, which means the data points to softness in trend positioning but does not, on its own, establish any specific reversal signal.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Automobile & Ancillaries |
| Industry | Automobiles – Passenger Cars |
| Benchmark Scope | same industry |
| Company P/E Ratio | 22.36x |
| Benchmark Median P/E | 29.57x |
| Benchmark Average P/E | 47.56x |
| Benchmark P/E Range | 1.47x to 147.82x |
| Company P/B Ratio | 4.2x |
| Benchmark Median P/B | 4.02x |
| Benchmark Average P/B | 5.41x |
| Company ROE | 22% |
| Benchmark Median ROE | 18.21% |
| Benchmark Average ROE | 27.12% |
| Company ROCE | 16.29% |
| Benchmark Median ROCE | 17.66% |
| Benchmark Average ROCE | 22.23% |
| Company Market Capitalisation | Rs 4,14,393.55 crore |
| Benchmark Median Market Cap | Rs 1,50,803.02 crore |
| Benchmark Average Market Cap | Rs 1,89,647.17 crore |
The sector comparison shows Mahindra & Mahindra in the Automobiles – Passenger Cars industry with mixed positioning versus the benchmark. Its P/E looks lower than the industry median and average, while ROE is above the median and ROCE is slightly below it.
Within the Automobile & Ancillaries sector, the benchmark covers 6 companies. On valuation, the company’s P/E of 22.36 is below the benchmark median of 29.57 and well below the benchmark average of 47.56. The industry P/E range is wide, from 1.47 to 147.82, based on 5 companies with available P/E data.
Its P/B of 4.2 is slightly above the benchmark median of 4.02 but below the benchmark average of 5.41. On profitability, ROE of 22 is above the median ROE of 18.21 but below the average ROE of 27.12. ROCE of 16.29 is below both the median ROCE of 17.66 and the average of 22.23. Market-cap context is also important: at Rs 4,14,393.55 crore, the company is far above the industry median of Rs 1,50,803.02 crore and above the average of Rs 1,89,647.17 crore, making today’s move significant within this peer set.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| Maruti Suzuki India | MARUTI | 4,20,843.57 | 29.57 | 3.84 | 14.43 | 19.03 |
| Hyundai Motor India | HYUNDAI | 1,84,121.81 | 36.59 | 8.67 | 29.92 | 38.55 |
| Tata Motors | TMPV | 1,17,484.24 | 1.47 | 1.03 | -1.21 | 0.67 |
| Mercury Ev-Tech | MERCURYEV | 735.01 | 147.82 | 2.62 | 5.65 | 5.17 |
| Hindustan Motors | HINDMOTORS | 304.85 | 0 | 12.08 | 91.93 | 53.69 |
Peer comparison suggests the company occupies a middle ground on valuation and a relatively stronger position on ROE than some large peers, though not all. It is close to Maruti Suzuki in size and cheaper than Hyundai on P/E.
Maruti Suzuki India has a market cap of Rs 4,20,843.57 crore, P/E of 29.57, P/B of 3.84, ROE of 14.43, and ROCE of 19.03. Hyundai Motor India stands at Rs 1,84,121.81 crore with a P/E of 36.59, P/B of 8.67, ROE of 29.92, and ROCE of 38.55. Tata Motors is shown at Rs 1,17,484.24 crore with a P/E of 1.47, P/B of 1.03, ROE of -1.21, and ROCE of 0.67. Mercury Ev-Tech carries a market cap of Rs 735.01 crore, P/E of 147.82, P/B of 2.62, ROE of 5.65, and ROCE of 5.17. Hindustan Motors is the smallest in this set at Rs 304.85 crore, with P/B of 12.08, ROE of 91.93, and ROCE of 53.69.
Against that backdrop, Mahindra & Mahindra Share Price is attached to a business trading at 22.36 times earnings, below Maruti and Hyundai on P/E, while its ROE of 22 is above Maruti and well above Tata Motors and Mercury Ev-Tech. However, its ROCE of 16.29 trails Maruti and Hyundai. This combination keeps the stock central to auto-sector tracking because of both size and balanced valuation.
Why Investors Are Watching Mahindra & Mahindra
- Mahindra & Mahindra Share Price declined 2.7% to Rs 3,231.20 from Rs 3,321.
- The stock opened at Rs 3,370.15, which was also the day’s high, before falling to Rs 3,226.70.
- Its P/E of 22.36 is below the same-industry median of 29.57 and average of 47.56.
- ROE of 22 remains above the industry median of 18.21, while ROCE of 16.29 is below the median of 17.66.
- At Rs 4,14,393.55 crore market capitalisation, it is one of the largest companies in its peer group.
About Mahindra & Mahindra
Mahindra & Mahindra is part of the Automobile & Ancillaries sector and is classified in the Automobiles – Passenger Cars industry in the supplied dataset. In peer terms, it sits among the largest companies in this comparison universe, close to Maruti Suzuki India and well ahead of several smaller listed names.
Track Mahindra & Mahindra Share Price on Univest
Use Mahindra & Mahindra (M&M) live share-price page,Univest top decliners screener,Univest market blogsto review live stock data, top decliners and related market analysis.
On Univest, users can track price action, review key ratios such as P/E, P/B, ROE, ROCE, EPS, book value, and dividend yield, and compare the stock with sector peers using the supplied market data.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions
Why is Mahindra & Mahindra Share Price falling today?
Ans. Mahindra & Mahindra Share Price fell 2.7% to Rs 3,231.20 from the previous close of Rs 3,321. The supplied data confirms the decline, but it does not establish any company-specific catalyst behind today’s move.
What is Mahindra & Mahindra Share Price Today?
Ans. Mahindra & Mahindra Share Price Today is Rs 3,231.20. The stock is down Rs 89.80 on the day, or 2.7%, and the company’s market capitalisation stands at Rs 4,14,393.55 crore in the supplied market update.
How did Mahindra & Mahindra trade during the session?
Ans. The stock opened at Rs 3,370.15, which was also the day’s high, and later touched a low of Rs 3,226.70. That pattern shows the price weakened after the open and stayed below the starting level.
Is Mahindra & Mahindra a large-cap stock?
Ans. Yes, Mahindra & Mahindra is classified as a Large Cap stock in the supplied data. Its market capitalisation is Rs 4,14,393.55 crore, making it one of the largest companies in its passenger car peer set.
What does Mahindra & Mahindra’s valuation look like?
Ans. Mahindra & Mahindra trades at a P/E of 22.36 and a P/B of 4.2. Its P/E is below the same-industry median of 29.57 and average of 47.56, while P/B is near the industry median of 4.02.
How profitable is Mahindra & Mahindra based on the supplied ratios?
Ans. The company’s ROE is 22 and ROCE is 16.29. That places ROE above the industry median of 18.21, while ROCE is slightly below the median of 17.66 in the supplied passenger car benchmark.
How does Mahindra & Mahindra compare with Maruti and Hyundai?
Ans. Mahindra & Mahindra’s P/E of 22.36 is below Maruti Suzuki’s 29.57 and Hyundai Motor India’s 36.59. Its market cap of Rs 4,14,393.55 crore is close to Maruti’s Rs 4,20,843.57 crore and above Hyundai’s.
What are Mahindra & Mahindra’s EPS, book value and dividend yield?
Ans. Mahindra & Mahindra reports EPS of Rs 148.53, book value of Rs 790.36, and dividend yield of 0.99. These metrics help investors relate earnings, accounting net worth, and historical payout to the current share price.
