{"id":113758,"date":"2026-06-11T11:08:24","date_gmt":"2026-06-11T05:38:24","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=113758"},"modified":"2026-06-11T11:08:26","modified_gmt":"2026-06-11T05:38:26","slug":"mahindra-share-price-supplier-labour-suv-output","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/mahindra-share-price-supplier-labour-suv-output\/","title":{"rendered":"M&M Share Price Slips to Rs 2,900 Intraday as Supplier Labour Shortage Threatens to Cap SUV Output Despite Record May 2026 Sales of 99,636 Units"},"content":{"rendered":"
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M&M share price: Rs 2,937 (current). Intraday low Rs 2,900.40 (-1.77%). Open Rs 2,930, High Rs 2,969, Prev close Rs 2,952.50. 52W high Rs 3,839.90. May 2026 sales: 58,021 SUVs (+11%), 99,636 total (+20%). CEO: ‘manpower shortages at suppliers’. Q4 FY26 PAT Rs 4,667.57 Cr (+41.65%). Analyst avg TP Rs 4,154.97 (33 Buy).<\/em><\/p>\n

The M&M<\/a> share price<\/strong> slipped to an intraday low of Rs 2,900.40, a decline of nearly 1.77% from the previous close of Rs 2,952.50 on Thursday, June 11, 2026, as investors reacted to Mahindra’s May 2026 sales commentary flagging supplier labour shortages as a constraint on SUV output. CEO Nalinikanth Gollagunta of the Automotive Division stated clearly in the May 2026 sales release: “The sustained demand across our portfolio continues, constrained by supply chain challenges due to manpower shortages at select suppliers.” While May 2026 saw total vehicle sales of 99,636 units (+20% YoY), narrowly missing the 1 lakh milestone, the M&M share price<\/strong> is under pressure because the labour shortage at tier-2 suppliers could limit the company’s ability to scale production to meet demand in Q1 FY27.<\/p>\n

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