Mahindra & Mahindra (M&M) Share Price falls 2.31% to Rs 2,965 as market cap stands at Rs 3,79,276.29 crore

Published:   24 September 2026 at 3:33:03 PM IST

Mahindra & Mahindra Share Price declined to Rs 2,965 on 24 September 2026, down 2.31% from the previous close of Rs 3,035. The company’s market capitalisation stood at Rs 3,79,276.29 crore, placing it in the Large Cap category. The latest Mahindra & Mahindra Share Price Today move is important because the supplied data confirms a same-day price fall, but it does not establish a company-specific trigger.

The stock opened at Rs 3,033.20, touched an intraday high of Rs 3,038.65 and a low of Rs 2,965. The decline of Rs 70 came entirely from the day’s price action recorded in the data set. Turnover was Rs 52.51 crore. For readers tracking Mahindra & Mahindra Stock News, the most relevant takeaway is straightforward: the move is measurable, the market cap remains substantial, and the reason for the fall is not identified in the supplied figures.

From a broader market-update angle, the current Mahindra & Mahindra Share Price also needs to be read alongside valuation and sector context. The company is trading on a P/E of 20.43 and a P/B of 3.84, with ROE of 22, ROCE of 16.29, EPS of 148.53, book value of Rs 790.36 and dividend yield of 1.09. Univest presents this as a factual stock update rather than a recommendation.

Mahindra & Mahindra (M&M) Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 2,965
Previous Close	Rs 3,035
Today's Move	-Rs 70.00 (-2.31%)
Open	Rs 3,033.2
High	Rs 3,038.65
Low	Rs 2,965
Turnover	Rs 52.51 crore
Market Capitalisation	Rs 3,79,276.29 crore
Market Cap Category	Large Cap

Mahindra & Mahindra Share Price Today closed the session at Rs 2,965 after finishing below the previous close of Rs 3,035. The day change of Rs -70 translated into a 2.31% decline. The intraday range was narrow around the opening level, with the stock opening at Rs 3,033.20, reaching a high of Rs 3,038.65 and marking the low at Rs 2,965. That low also matched the closing price, which shows where the session ended in the supplied record.

The move is best understood as a same-day price fall rather than as a statement about any longer-term outcome. The data confirms the decline, the exact open-high-low-close pattern and the turnover of Rs 52.51 crore, but it does not establish a company-specific catalyst. For investors scanning Mahindra & Mahindra Share News or Mahindra & Mahindra Share Price Live, the factual focus is on the size of the drop, the day’s range and the fact that the stock remains a Large Cap with a market cap of Rs 3,79,276.29 crore.

Because the day’s figures are fully defined, the next layer of analysis is what the company’s financial and valuation profile says about the current Mahindra & Mahindra Share Price and how it compares with peers and the industry benchmark.

Mahindra & Mahindra (M&M) Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 3,79,276.29 crore
P/E Ratio	20.43x
P/B Ratio	3.84x
ROE	22%
ROCE	16.29%
EPS	Rs 148.53
Book Value Per Share	Rs 790.36
Dividend Yield	1.09%

Mahindra & Mahindra’s fundamental snapshot gives context to today’s Mahindra & Mahindra Share Price fall. The company’s market capitalisation is Rs 3,79,276.29 crore, and its P/E ratio of 20.43 sits alongside a P/B ratio of 3.84. ROE of 22 and ROCE of 16.29 indicate the return profile currently visible in the data, while EPS stands at Rs 148.53 and book value per share at Rs 790.36. Dividend yield is 1.09, which is a historical/current payout metric rather than a promise of future distribution.

The valuation picture is supported by the exact numbers rather than by any estimate. A P/E of 20.43 is not extreme in isolation, but it should be read with the sector benchmark, peer range and the company’s own profitability ratios. The book value of Rs 790.36 provides another anchor for Mahindra & Mahindra Share Price Today, while EPS of Rs 148.53 shows earnings attributable to each share. Univest uses these figures to frame Mahindra & Mahindra Stock News in a fact-led manner, not as a call on where the stock should trade next.

For readers comparing Mahindra & Mahindra Latest News with longer-term financial data, the key point is that today’s decline sits against a company that continues to carry large-scale market value, positive reported returns on equity and capital employed, and an established valuation base.

Sector and Industry Context

Metric	Value
Sector	Automobile & Ancillaries
Industry	Automobiles – Passenger Cars
Benchmark Scope	same industry
Company P/E Ratio	20.43x
Benchmark Median P/E	26.77x
Benchmark Average P/E	46.03x
Benchmark P/E Range	1.4x to 147.18x
Company P/B Ratio	3.84x
Benchmark Median P/B	3.66x
Benchmark Average P/B	5.2x
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 3,79,276.29 crore
Benchmark Median Market Cap	Rs 1,40,464.21 crore
Benchmark Average Market Cap	Rs 1,74,086.48 crore

Mahindra & Mahindra operates in the Automobile & Ancillaries sector and the Automobiles – Passenger Cars industry. The supplied benchmark scope covers the same industry and includes 6 companies. Within that set, Mahindra & Mahindra’s P/E of 20.43 is below the industry median of 26.77 and below the industry average of 46.03. Its P/B of 3.84 is slightly above the industry median of 3.66 and below the industry average of 5.20.

On profitability, ROE of 22 is above the industry median of 18.21 but below the industry average of 27.12. ROCE of 16.29 is below the industry median of 17.66 and below the industry average of 22.23. In market-cap terms, Mahindra & Mahindra’s Rs 3,79,276.29 crore is close to the upper end of the benchmark range, where the maximum stands at Rs 3,83,256.74 crore and the median is Rs 1,40,464.21 crore.

This sector comparison is useful for Mahindra & Mahindra Share Price analysis because it places the company against listed passenger-car names in the same industry. It also shows that the stock’s valuation and return metrics sit in different positions relative to peers, which helps explain why Mahindra & Mahindra Share Price Today attracts attention even when the day’s move is only one part of the picture.

Peer Comparison

Company	Symbol	Market Cap (Cr)	P/E	P/B	ROE (%)	ROCE (%)
Maruti Suzuki India	MARUTI	3,83,256.74	26.77	3.47	14.43	19.03
Hyundai Motor India	HYUNDAI	1,70,714.89	34.38	8.14	29.92	38.55
Tata Motors	TMPV	1,10,213.54	1.4	0.98	-1.21	0.67
Mercury Ev-Tech	MERCURYEV	762.17	147.18	2.6	5.65	5.17
Hindustan Motors	HINDMOTORS	295.25	0	12.16	91.93	53.69

In peer terms, Mahindra & Mahindra stands among a mixed set of passenger-car names. Maruti Suzuki India has a higher market cap of Rs 3,83,256.74 crore and a P/E of 26.77, compared with Mahindra & Mahindra’s 20.43. Hyundai Motor India shows a higher P/E of 34.38, P/B of 8.14, ROE of 29.92 and ROCE of 38.55, which makes its valuation and return profile materially different from Mahindra & Mahindra.

On the other end of the peer set, Tata Motors has a much lower P/E of 1.4, P/B of 0.98, ROE of -1.21 and ROCE of 0.67, while Mercury Ev-Tech has a P/E of 147.18, P/B of 2.6, ROE of 5.65 and ROCE of 5.17. Hindustan Motors shows P/B of 12.16, ROE of 91.93 and ROCE of 53.69, though its market cap is only Rs 295.25 crore.

Against this peer set, Mahindra & Mahindra Share Price sits with a mid-range valuation profile and a market-cap base that is far larger than most listed comparables. Univest readers can use this comparison to understand how Mahindra & Mahindra Share Price Today fits within the same industry without assuming any direction from the day’s fall alone.

Why Investors Are Watching Mahindra & Mahindra

• Mahindra & Mahindra Share Price fell 2.31% to Rs 2,965 in today’s session.
• The previous close was Rs 3,035, while the day’s low was Rs 2,965.
• Market capitalisation stood at Rs 3,79,276.29 crore, placing it in the Large Cap category.
• P/E is 20.43, P/B is 3.84, ROE is 22 and ROCE is 16.29.
• In the same-industry peer set, Mahindra & Mahindra’s P/E is below the benchmark median of 26.77.

About Mahindra & Mahindra

Mahindra & Mahindra is classified in the Automobile & Ancillaries sector and the Automobiles – Passenger Cars industry. The supplied data positions the company within a same-industry peer set of listed automobile names used for valuation comparison. For Mahindra & Mahindra Share Price readers, this company profile matters because it links the stock to the sector benchmark, market-cap context and peer valuation framework that Univest tracks in its stock pages and stock news coverage.

The company’s latest factual profile in this article remains anchored to its market capitalisation, valuation ratios, profitability measures and the day’s share price move. That makes the Mahindra & Mahindra Share Price story a combination of current market action and longer-form company context rather than a standalone one-line update.

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Frequently Asked Questions

Why did Mahindra & Mahindra Share Price fall today?

Ans.  The supplied data confirms that Mahindra & Mahindra Share Price fell 2.31% to Rs 2,965, but it does not identify a company-specific catalyst. The session also showed an open of Rs 3,033.20 and a high of Rs 3,038.65.

What is Mahindra & Mahindra Share Price Today?

Ans.  Mahindra & Mahindra Share Price Today is Rs 2,965. That is Rs 70 below the previous close of Rs 3,035 and reflects the day’s recorded decline of 2.31% in the supplied market data.

What is the market capitalisation of Mahindra & Mahindra?

Ans.  Mahindra & Mahindra has a market capitalisation of Rs 3,79,276.29 crore. The data classifies it as a Large Cap company, which provides size context for Mahindra & Mahindra Share Price and sector comparison.

How is Mahindra & Mahindra valued compared with its industry?

Ans.  Mahindra & Mahindra’s P/E of 20.43 is below the industry median of 26.77 and below the industry average of 46.03. Its P/B of 3.84 is slightly above the median of 3.66.

What do the profitability metrics show for Mahindra & Mahindra?

Ans.  The company’s ROE is 22 and ROCE is 16.29. EPS is Rs 148.53 and book value is Rs 790.36, which together give useful context for Mahindra & Mahindra Share Price and valuation.

Which peers are used for Mahindra & Mahindra Share Price comparison?

Ans.  The supplied peer set includes Maruti Suzuki India, Hyundai Motor India, Tata Motors, Mercury Ev-Tech and Hindustan Motors Their valuation and return metrics help frame Mahindra & Mahindra Share Price in context.