Mahindra & Mahindra share price gains 1% to ₹2,868.80 on November 2
Indrashish Mitra
- 0 min read
Last Updated: 2nd November 2026 - 06:43 pm
Key Takeaways
- Mahindra & Mahindra closed at ₹2,868.80, up 1%, after moving between ₹2,853 and ₹2,898.
- The share remained below its 50-day, 100-day and 200-day DMAs, with the 200-day average at ₹3,164.
- The closing price was only about ₹125 above its 52-week low of ₹2,744, while the one-year return stood at -17.73%.
Mahindra & Mahindra share price finished November 2 at ₹2,868.80, gaining 1% from the previous close of ₹2,840. The stock opened at ₹2,860, dipped to ₹2,853 and rose to ₹2,898. It closed ₹29.20 below the session high and ₹15.80 above the low. Trading volume was 2,250,350 shares.
The day's high-to-low spread was ₹45. The close remained above both the opening level and previous close, although the stock gave back part of its intraday advance before the session ended.
Mahindra & Mahindra remained below each reported moving average. The 50-day DMA was ₹2,994.40, which sat ₹125.60 above the closing price. The 100-day DMA stood at ₹3,085.80, leaving a ₹217 gap. The 200-day DMA was still higher at ₹3,164, or ₹295.20 above the final price.
The 52-week range stretched from ₹2,744 to ₹3,840. At ₹2,868.80, the share was only about ₹125 above the annual low and more than ₹970 below the annual high. The stock page consequently placed the share near its 52-week low.
Performance across the displayed periods was generally weak. The one-month return was marginally positive at 0.31%, while the three-month figure stood at -15.59%. Six-month return was -7.38%, and the one-year return was -17.73%.
November 2 brought a positive daily session, but Mahindra & Mahindra remained near the lower portion of its annual range and below the three major moving averages. The strongest return among the four displayed horizons was the small positive one-month figure.
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