Mahindra & Mahindra stock price up by more than 1% today

Mahindra & Mahindra’s (M&M) stock is among the top gainers at Nifty 50 today. At 2:50 p.m. 2^nd June, 2025, the stock price is up by 1.42%. It is trading at Rs 3,019 per share. 52-week high price of the stock currently is 3,270.95. Year-to-date (YTD) in 2025, the stock is down by 2.02%. At this time, Nifty 50 index is down by 67.90 points or 0.27%.

Stock gaining after company’s May sales announcement

M&M’s stock is gaining today after the company announced its May sales. It sold 43, 691 passenger vehicles in May. It took over Hyundai and Tata Motors in sales in the month. Hyundai sold 38,030 vehicles in the month. Tata Motors sold 38,535 vehicles in the month.

M&M’s SUV portfolio giving it a competitive advantage

M&M’s portfolio of SUVs seems to be giving it a competitive advantage over rivals such as Hyundai and Tata Motors. This has given a boost to sentiments regarding the company’s stock.

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Source: NSE