M&M - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.8
| Stock Code | M&M | Market Cap | 3,85,183 Cr. | Current Price | 3,098 ₹ | High / Low | 3,840 ₹ |
| Stock P/E | 25.1 | Book Value | 535 ₹ | Dividend Yield | 0.82 % | ROCE | 27.0 % |
| ROE | 20.8 % | Face Value | 5.00 ₹ | DMA 50 | 3,218 ₹ | DMA 200 | 3,324 ₹ |
| Chg in FII Hold | -1.26 % | Chg in DII Hold | 0.98 % | PAT Qtr | 4,288 Cr. | PAT Prev Qtr | 4,559 Cr. |
| RSI | 46.5 | MACD | -21.7 | Volume | 35,64,479 | Avg Vol 1Wk | 30,37,470 |
| Low price | 2,896 ₹ | High price | 3,840 ₹ | PEG Ratio | 0.73 | Debt to equity | 0.02 |
| 52w Index | 21.4 % | Qtr Profit Var | 41.6 % | EPS | 115 ₹ | Industry PE | 27.3 |
📊 Mahindra & Mahindra (M&M) is trading below both its 50 DMA (₹3,218) and 200 DMA (₹3,324), reflecting short-term weakness. RSI at 46.5 indicates mild bearish momentum, while MACD (-21.7) confirms negative divergence. Bollinger Bands suggest price near the lower range, signaling consolidation with downside risk. Current volume (35.6 lakh) is slightly above the 1-week average (30.3 lakh), showing active participation despite weak momentum.
💡 Optimal Entry: ₹3,000–₹3,080 (near support zone)
🚪 Exit if Holding: Profit-taking zone around ₹3,200–₹3,250; Stop-loss below ₹2,950
📈 Trend Status: Consolidating with bearish undertone
✅ Positive
- Strong fundamentals: ROE (20.8%) and ROCE (27.0%)
- EPS at ₹115 supports earnings visibility
- Quarterly profit variation (+41.6%) shows growth momentum
- DII holdings increased (+0.98%)
- Low debt-to-equity ratio (0.02)
⚠️ Limitation
- Trading below both 50 DMA and 200 DMA
- RSI below 50 reflects weak momentum
- Sequential decline in PAT (₹4,559 Cr → ₹4,288 Cr)
- FII holdings decreased (-1.26%)
- Stock underperforming relative to 52-week high (₹3,840)
📉 Company Negative News
- Weak technical signals despite strong fundamentals
- Reduced foreign institutional participation
📈 Company Positive News
- Strong quarterly profit growth (+41.6%)
- EPS stability supports long-term earnings visibility
- DII inflows indicate domestic investor confidence
🏭 Industry
- Auto sector average PE at 27.3, M&M trades slightly below (25.1)
- Sector outlook stable with cyclical demand recovery
🔎 Conclusion
M&M is consolidating below key moving averages with weak momentum signals. Entry near ₹3,000–₹3,080 offers a controlled risk setup, while exits around ₹3,200–₹3,250 are advisable. Strong fundamentals and valuation comfort support long-term potential, but short-term traders should remain cautious due to bearish technical undertone.