Mahindra & Mahindra shares recover 4% from intraday low; here's why the stock is buzzing on Thursday

Mahindra & Mahindra (M&M) shares recovered 4% from their early losses on Thursday, June 11, becoming one of the top contributors on the NIFTY50 index.

Quoting people familiar to the matter, the report said the biggest challenge stems from a major vendor facing a 20-25% shortfall in supplies because of a shortage of contract workers. The disruption is impacting production at facilities manufacturing popular models such as the XUV 7XO and Thar.

For Q4 FY26, the company reported an SUV revenue market share of 24.5%, reflecting an increase of 60 basis points. In May 2026, Mahindra & Mahindra recorded domestic sales of 58,021 units, marking an 11% rise compared to the year-ago period.

Shares of the company, however, recovered later. At 2:25 PM, M&M shares were trading at ₹3,005.30 apiece on the National Stock Exchange, rising 1.7%.

Mahindra & Mahindra's shares has fallen 7% over a month, while they have tanked 18% in the past six months. From the beginning of the year, the stock has tumbled over 20%.

Shares of the company had touched their one-year high of ₹3,839.90 apiece on January 5, 2026, while their 52-week low of ₹2,896 was hit on March 16, 2026.

Mahindra & Mahindra Q4 earnings

Mahindra & Mahindra (M&M) had reported a 53% jump in its standalone net profit at ₹3,737 crore for the quarter ended March 31, 2026, as compared to ₹2,437 crore in the same quarter of the financial year 2025-26.

The automobile manufacturer’s revenue from operations climbed 26% to ₹39,554 crore in the January-March quarter of FY26 (Q4 FY26), compared to ₹31,353 crore in the year-ago quarter.

Earnings before interest, taxes, depreciation, and amortization (EBITDA) rose 38% to ₹5,463 crore in the quarter under review, as against 3,964 crore in Q4 FY25. The EBITDA margin improved to 13.81% in the Q4 FY26 in contrast to 12.64%.

Mahindra & Mahindra has also recommended a final dividend of ₹33 (660%) per ordinary equity share of face value ₹5 each for FY26. This compares with a dividend of ₹25.3 (506%) per ordinary equity share declared for the financial year ended March 31, 2025.

M&M reported a strong performance in FY26, with consolidated revenue rising 25% to ₹198,639 crore. The auto major’s consolidated PAT increased 35% to ₹17,099 crore during the year. It also reported a return on equity (RoE) of 20.1% and earnings per share (EPS) of ₹152.2 for FY26.

Mahindra & Mahindra said its auto segment reported Q4 volumes stood at 307,000 units (including sales by LMM & MEAL), up 21%, with UV volumes at 184,000 units. On a consolidated basis, Q4 revenue was ₹34,294 crore, up 32%, while PAT increased 49% to ₹2,553 crore.

The company has a total market capitalization of ₹3.73 lakh crore as of June 11, 2026, according to data on the NSE.