Mahindra & Mahindra share price finishes at ₹3,076.50; gains 0.21% on September 17

Key Takeaways

• Mahindra & Mahindra gained just 0.21% to ₹3,076.50 despite travelling through an ₹81 range between ₹3,047 and ₹3,128.
• The closing price remained roughly ₹165–₹180 below each of its 50-day, 100-day and 200-day DMAs.
• The one-month return was -10.26%, while six-month performance remained marginally positive at 1.33%.

Mahindra & Mahindra share price closed September 17 at ₹3,076.50, up ₹6.50 or 0.21%. The modest closing gain followed a much wider intraday move. M&M opened at ₹3,047, which also matched the displayed session low, then climbed to ₹3,128. The resulting ₹81 trading range was large relative to the final percentage change.

The stock finished ₹29.50 above the low and ₹51.50 below the high. Volume reached 1,979,073 shares, while market capitalisation stood at ₹3,82,572 crore. The 52-week range extended from ₹2,896 to ₹3,840. At the September 17 close, M&M was ₹180.50 above the annual low and ₹763.50 below the high.

Moving averages were tightly grouped well above the final price. The 50-day DMA was ₹3,242.20 and the 100-day DMA ₹3,241.90, a difference of only ₹0.30 between the two measures. The 200-day DMA stood at ₹3,256.10. Mahindra & Mahindra closed ₹165.70 below the 50-day average, ₹165.40 below the 100-day figure and ₹179.60 below the 200-day level.

Return figures were generally weak over the shorter periods. The one-month return was -10.26%, while the three-month reading stood at -1.96%. Six-month performance was slightly positive at 1.33%. Over one year, the stock showed a -14.73% return.

September 17 nevertheless ended marginally higher. The opening price was ₹23 below the previous close of ₹3,070, after which M&M rose as much as ₹81 from the session low to its high. Some of that advance was surrendered before the close, leaving a final gain of only 0.21%. The session therefore combined a wide intraday range with a small closing movement. The three displayed moving averages remained clustered around ₹3,242–₹3,256, comfortably above the final ₹3,076.50 price.