Mahindra stock sits 27.29 percent below its 52-week high

Published on 10/09/2026 at 12:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Mahindra stock costs INR 2,792.00 on October 9, 2026, plus 1.48 percent versus INR 2,751.20. Its high is INR 3,839.90.

Key points in brief

Mahindra stock was last at INR 2,792.00 on October 9, 2026, 27.29 percent below its 52-week high.
First-quarter fiscal 2027 consolidated revenue reached INR 581.88 billion and net profit INR 54.55 billion.
Anand Rathi cut its historical target from INR 4,050.00 to INR 3,675.00 and retained a Hold rating on July 30, 2026.
Mahindra's next board meeting is scheduled for November 5, 2026, to consider financial results.

Mahindra, INE101A01026, Illustration mit AI erstellt.

Mahindra (INE101A01026) was last at INR 2,792.00 on the NSE on October 9, 2026 at 3:15 p.m. IST, 27.29 percent below its 52-week high of INR 3,839.90. The stock's market position now sits beside strong first-quarter fiscal 2027 growth and a more cautious historical broker view.

Three dated operating signals

On July 30, 2026, Alfa Finder reported Mahindra's first-quarter fiscal 2027 consolidated net profit at INR 54.55 billion, up 34.00 percent year over year, while consolidated revenue reached INR 581.88 billion, up 28.00 percent.

On September 9, 2026, Alfa Finder reported August production of 114,737 vehicles and sales of 104,009 units. Exports reached 6,134 units, compared with 3,575 a year earlier.

On September 25, 2026, Alfa Finder reported the redemption of INR 4.75 billion in unsecured non-convertible debentures. The company also paid INR 347.4 million in related interest.

Margins face a tougher test

According to DSIJ on July 30, 2026, Anand Rathi retained a Hold rating and cut its target from INR 4,050.00 to INR 3,675.00. The broker cited slower expected volume growth and commodity pressure, while its first-quarter fiscal 2027 revenue figure of INR 419.20 billion rose 23.00 percent year over year but stayed below its INR 434.40 billion estimate.

The same update put the EBITDA margin at 12.20 percent, down 210 basis points year over year, and adjusted net profit at INR 36.85 billion, up 7.00 percent. This creates the central investor tension: operating growth remains visible, while margins and valuation assumptions face tighter scrutiny.

What does the earnings date mean?

NSE India lists November 5, 2026 as Mahindra's next board meeting for consideration of financial results. That date gives the market a defined checkpoint for testing whether first-quarter revenue growth can coexist with margin recovery.

Mahindra stock and market data

Mahindra was last at INR 2,792.00 on the NSE on October 9, 2026 at 3:15 p.m. IST, versus an NSE prior close of INR 2,751.20. The 52-week range was INR 2,744.30 to INR 3,839.90, leaving the latest price 1.74 percent above the low and 27.29 percent below the high.

The latest market capitalization was INR 3.4 trillion as of October 9, 2026. The next result date and the gap to the yearly high make November's update the key dated reference for the stock.

Market context: Market report BSE Sensex.