Mahindra & Mahindra Stock Rebounds Above Key Support

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After holding above its 50-day EMA, M&M shows signs of renewed bullish momentum despite short-term caution. StockEdge data points to strong fundamentals and long-term resilience.

By S JHA

Mumbai, November 3, 2025 — Mahindra & Mahindra (M&M) appears poised for its next breakout as its stock regained traction, trading at ₹3,538, up 1.5% on Monday. According to StockEdge’s latest market update, the automaker has managed to stay above its 50-day exponential moving average (EMA) at ₹3,476 — a key support level that could signal the resumption of bullish momentum if sustained.

StockEdge’s momentum score reflects a mixed outlook for the near term: 1-Month: 37/100 (Bearish); 3-Month: 55/100 (Neutral); and 6-Month: 80/100 (Bullish).

The data suggests traders should remain cautious in the short run, though long-term sentiment remains positive. Fundamentals stay strong, added StockEdge in an analysis of the stock.
M&M’s latest financials underscore its stability, with net sales of ₹45,529 crore, EBITDA of ₹8,227 crore, and PAT of ₹5,165 crore for the June 2025 quarter — all showing consistent year-on-year growth.

“In comparison, M&M maintains a healthy balance between valuation and profitability with a P/E of 31.58 and ROE of 19.73%, outperforming peers like Maruti Suzuki (P/E 34.45, ROE 15.95%) while staying competitive with Hyundai Motor (ROE 41.84%),” noted StockEdge.

Technically, the stock’s RSI near 45 places it in the neutral zone, while the EMA50 continues to provide short-term support. A decisive move above ₹3,600 could pave the way toward the next resistance band at ₹3,750–₹3,850, added StockEdge.

Market analysts suggest keeping a close watch on Q2 FY25 earnings, which could determine the next leg of the rally.

(Disclaimer: This article makes no recommendation for buy or sell of shares of any company)