M&M Share Price Surges for Third Straight Day, Recovers 34% from April Low

Market Performance

Mahindra & Mahindra (M&M) shares continued their upward trend for the third consecutive day on Friday, gaining 2% to reach ₹3,160 on the BSE.

• The stock has gained 5% over the past three sessions.
• It has recovered 34% from its 52-week low of ₹2,360.45, recorded on April 7, 2025.
• M&M shares are now nearing their all-time high of ₹3,276.30, last seen on February 10, 2025.

Main News: Strong Auto and Tractor Sales Fuel Rally

M&M's stock rally in June is primarily driven by strong performance in its core automotive and tractor segments.

• The automotive segment's sales jumped 17.3% year-over-year, recording 84,110 units.
• SUV segment led the charge with 52,431 units, up 21.3% YoY.
• Medium & Heavy Commercial Vehicles (M&HCV) saw a marginal 1% YoY growth at 1,094 units.
• Tractor sales totaled 40,643 units, representing a 9.5% year-over-year increase.
  • Within this, domestic tractor sales increased by 10.4% YoY to 38,914 units.

Favorable monsoon patterns and higher Minimum Support Prices (MSPs) for Kharif crops are expected to impact rural sentiment, enhancing demand for agricultural machinery positively.

Company Details: Aerospace Arm Signs Global Deal

M&M's wholly owned subsidiary, Mahindra Aerostructures, has signed a notable contract to manufacture components for major aerospace firms.

• The contract includes metal sub-assemblies for Airbus and Embraer aircraft, such as the C390 Millennium.
• Deliveries will be made to facilities in Spain, UK, Portugal, and Brazil.
• The Bengaluru-based unit ships over 120,000 parts monthly to clients in Europe, North America, and Australia.

This agreement further cements Mahindra's role in the global aerospace manufacturing supply chain.

Summary of the Article

The M&M share price has rallied for the third consecutive day, driven by robust growth in its automotive and tractor segments, as well as a significant aerospace manufacturing contract.

• The stock has rebounded 34% since April 2025.
• Auto sales surged across SUVs and tractors.
• Its aerospace subsidiary bagged a global contract, reinforcing its international footprint.

As M&M continues to deliver substantial operational numbers, investor interest in the stock remains elevated.