Should You Invest in Mahindra & Mahindra Stock in India in 2025?

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At HelloSafe, our expert has been tracking the performance of Mahindra & Mahindra for over three years. Every month, hundreds of thousands of users in India trust us to analyse market trends and identify the best investment opportunities. Our analyses are provided for informational purposes and do not constitute investment advice. In accordance with our ethical charter, we have never been, and will never be, compensated by Mahindra & Mahindra.

What is Mahindra & Mahindra?

The price of Mahindra & Mahindra stock

The price of Mahindra & Mahindra stock is rising this week. Currently trading at ₹3,174.40, the stock is up by ₹9.20 (+0.29%) over the past 24 hours but shows a weekly decline of ₹41.1 (-1.28%). The company boasts a market capitalization of ₹3,94,957 crores and an average 3-month trading volume of 2.2 million shares. Its P/E ratio stands at 30.5, with a dividend yield of 0.79%, and a stock beta of 1.4, indicating relatively high volatility. These numbers highlight Mahindra & Mahindra’s strong position in the Indian market while offering both growth potential and exposure to sector fluctuations.

Our full analysis of Mahindra & Mahindra stock

After a thorough assessment of Mahindra & Mahindra's latest quarterly results and its stock evolution over the last three years, we have leveraged our proprietary algorithms to synthesize data from financial indicators, technical analysis, prevailing market dynamics, and competitive positioning. This integrated approach enables us to capture the nuanced performance trends and structural shifts driving the Mahindra & Mahindra story. So, why might Mahindra & Mahindra stock once again become a strategic entry point into the Indian automotive and technology sector in 2025?

Recent performance and market context

Mahindra & Mahindra has demonstrated notable resilience and momentum in the Indian stock market. As of July 2025, the stock is trading at ₹3,174.40, representing a strong annual gain of over 10.7% despite modest short-term volatility with a 1.28% weekly dip. The company’s market capitalization of nearly ₹3.95 lakh crores underscores its stature as one of India’s leading listed conglomerates. Among recent highlights is the robust expansion in its electric vehicle (EV) production and significant investments aimed at ramping up monthly output to 8,000 units. These positive developments coincide with ongoing optimism in India’s automobile sector, further buoyed by the government’s policy thrust on green mobility and rural demand, both areas where Mahindra & Mahindra enjoys structural advantages.

Technical analysis

The technical landscape for Mahindra & Mahindra is currently supportive of fresh entries. The stock maintains a 14-day RSI of 58.9, comfortably in a neutral but bullish-leaning zone, which avoids the risks of both overextension and acute correction. The MACD indicator remains positive (44.5), with a continuing bullish crossover above its signal line. Price action consistently holds above major moving averages—such as the 20-day (₹3,116.8), 50-day (₹3,062.7), 100-day (₹2,911.7), and 200-day (₹2,946.9)—with 6 out of 8 tracked moving averages confirming an ongoing uptrend. Immediate technical support levels at ₹3,152 and ₹3,130 serve as a solid base, while resistance is seen at ₹3,208 and ₹3,242. This disciplined chart structure, combined with moderate volatility (beta: 1.4), positions Mahindra & Mahindra for upside if broader sector tailwinds persist.

Fundamental analysis

Fundamentally, Mahindra & Mahindra’s growth narrative is compelling. In Q1 FY25, revenue grew by 12% YoY to ₹27,039 crores, reflecting broad-based traction in both the automotive and tractor segments. While there was a short-term contraction in net profit (₹2,612 crores, down 5% YoY), this was largely due to expansion-related investments and input cost normalization after several high-profit quarters. The company’s price/earnings ratio of 30.5, while not inexpensive, is justified given Mahindra & Mahindra’s market leadership in SUVs and farm equipment, strong brand recall, and proven ability to innovate—especially in EVs and next-generation mobility solutions.

Structural strengths underpin this robust outlook. Mahindra & Mahindra is the number-one SUV player in India, a top manufacturer of tractors globally, and a pioneer in the domestic EV segment. The imminent launch of a multi-powertrain platform and a pipeline of seven new EV models by 2030 highlight management’s commitment to innovation-led growth. An increasing focus on technology integration, digital platforms, smart manufacturing, and best-in-class after-sales networks all contribute to the sustainability of Mahindra & Mahindra’s competitive edge. Relative valuation also remains balanced against domestic peers and international comparables, especially considering the company’s aggressive push into new categories and export markets.

Volume and liquidity

The trading profile of Mahindra & Mahindra reflects robust and sustained market confidence. With an average 3-month daily volume of 2.2 million shares and a broad institutional holding structure, liquidity is ample and turnover healthy. The stock’s high free float, paired with widespread domestic and foreign institutional ownership, helps support dynamic pricing and minimizes large, destabilizing moves. These liquidity conditions are attractive both for retail investors and large institutional players seeking scalability in the Indian equity market.

Catalysts and positive outlook

• Strategic investment of ₹10,000 crores into EV manufacturing capacity, with British International Investment also participating, signals confidence in future demand and access to new technologies.
• Seven new electric vehicle models are scheduled for launch by 2030, with the first set to be unveiled imminently and two new BEVs officially revealed in 2026, underlining the company’s innovation pipeline.
• Ongoing scaling of EV production has already reached 8,000 units per month, positioning Mahindra & Mahindra as a frontrunner in India’s rapidly-expanding green mobility ecosystem.
• Introduction of a new multi-powertrain platform in August 2025 is expected to address a wider market segment and could trigger substantial order inflows.
• Continuous leadership in the SUV and tractor markets, a segment less affected by cyclical urban demand, provides downside resilience and stable cash flows.
• Government-led incentives for electric vehicles and clean manufacturing, alongside favorable macroeconomic factors like rural demand recovery and consumer credit growth, strengthen demand outlooks.

Beyond these, Mahindra & Mahindra’s recognized ESG (Environmental, Social, and Governance) efforts align with the shifting preferences of global and Indian institutional investors, increasing the scope for further re-rating and fund flows.

Investment strategies

• Short-term: Current trading near technical support levels, together with a positive MACD and uptrend in moving averages, suggests a tactical entry point for traders anticipating a bounce towards resistance levels or ahead of scheduled product launches. Event-driven investors may find opportunities around the announcement of the new platform in August or during quarterly result cycles.
• Medium-term: For those targeting momentum over the next several quarters, Mahindra & Mahindra’s steady revenue growth, operational excellence, and strengthening brand promise continued outperformance as policy support for EVs intensifies and new models drive incremental volumes.
• Long-term: Investors seeking compounding growth and strategic transformation should take note of management’s execution on long-duration growth bets—such as EV and digital platform integration, agri-tech, and global market expansion. The company’s ability to retain leadership across business cycles, maintain strong free cash flows, and leverage India’s expanding vehicle market make it a favored candidate for a buy-and-hold allocation.

Across all timeframes, accumulating at or near support levels enhances the probability of capturing sustained upward moves as the company delivers on its ambitious growth roadmap.

Is it the right time to buy Mahindra & Mahindra?

All evidence indicates that Mahindra & Mahindra is at a pivotal inflection point, supported by best-in-class scale, powerful brand equity, and an expanding suite of products for the future of Indian mobility. With a resilient operating model, robust revenue trends, forward-looking EV and digital initiatives, and a demonstrated ability to capture market share, the company’s fundamentals justify renewed interest from investors intent on participating in the next phase of India's automotive growth.

The mix of bullish technical signals and disciplined fundamental execution makes Mahindra & Mahindra seem to represent an excellent opportunity for those looking to benefit from India’s transition to electric mobility, sustained consumer demand, and smart infrastructure expansion. As innovation accelerates and the company capitalizes on its leadership in SUVs, tractors, and EVs, the stock may be entering a promising new bullish phase. Investors mindful of volatility, sector momentum, and growth prospects will find Mahindra & Mahindra an attractive option as India’s mobility sector undergoes its next major transformation.

How to buy Mahindra & Mahindra stock in India?

Buying Mahindra & Mahindra stock online through a regulated Indian broker is both simple and secure, whether you are a first-time investor or more experienced. You can choose between spot buying (owning real shares for the long term) or trading via CFDs (Contracts for Difference) to speculate on near-term price movements with leverage. Both methods offer direct access to live markets and complete control from your online account. For a helpful comparison of the best brokers available, simply scroll further down this page.

Spot buying

A cash purchase involves directly buying Mahindra & Mahindra shares, making you the registered shareholder with full entitlement to dividends and voting rights. Most Indian brokers charge a low fixed commission per order—typically ₹20 to ₹25—plus some minor taxes. This method suits those looking for long-term growth, portfolio diversification, or dividend income.

Example of a stock investment gain scenario

If the Mahindra & Mahindra share price is ₹3,174.40, you can buy around 8 shares with a $1,000 stake, including a brokerage fee of around $5.

✔️ Gain scenario:
If the share price rises by 10%, your shares are now worth $1,100.
Result: +$100 gross gain, i.e. +10% on your investment.

Trading via CFD

CFD trading means you don’t actually own Mahindra & Mahindra shares, but instead trade on their price movements using leverage—allowing you to amplify potential gains or losses. For CFDs, brokers charge a spread (difference between buy and sell prices) and, for positions held overnight, a small financing fee. CFDs are especially useful for short-term strategies and active trading but require careful risk control.

CFD Position Example: Gain Scenario

You open a CFD position on Mahindra & Mahindra shares, with 5x leverage.

This gives you a market exposure of $5,000.

✔️ Gain scenario:

If the stock rises by 8%, your position gains 8% × 5 = 40%.

Result: +$400 gain, on a bet of $1,000 (excluding fees).

Final advice

Always compare brokerages for their commissions, spreads, and available features—check out our broker comparator below for help. Deciding between spot buying and CFDs will depend on your personal investment goals and risk appetite; both approaches offer flexible, secure ways to invest in Mahindra & Mahindra from India.

Our 7 tips for buying Mahindra & Mahindra stock

The latest news about Mahindra & Mahindra

Mahindra & Mahindra maintained strong EV expansion targets with a new platform reveal set for August 2025. The company has confirmed that it will unveil a multi-powertrain platform on 15 August 2025, underlining its commitment to the Indian electric vehicle market and supporting future volume growth in the region.

Production of electric vehicles was scaled to 8,000 units per month, boosting the domestic supply chain. This operational milestone shows Mahindra & Mahindra’s capability to ramp up production efficiently, increasing its responsiveness to the rising demand for EVs in India and reinforcing its competitive position.

Mahindra & Mahindra reported a 12% annual increase in Q1 revenue, reflecting sustained market demand. Despite a marginal decrease in net profit, strong top-line growth demonstrates the company’s success in leveraging its SUV and tractor leadership in India’s automotive sector while navigating margin pressures.

Technical indicators signal moderate bullishness, with the share price above key moving averages. The stock currently trades above its 50-day, 100-day, and 200-day averages, with a positive MACD crossover and stable RSI. These technical signals reflect resilience and a steady trend in domestic market performance.

Investor sentiment remains optimistic, supported by new model launches and strong sector growth forecasts. With the upcoming introduction of multiple EV models and India’s expanding electric vehicle market, Mahindra & Mahindra is well-positioned for future growth, as recognized by both analysts and institutional investors.

FAQ

P. Laurore

Finance expert

Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.