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Umang Bhutada

1st Dec · SEBI-Registered Analyst

M&M | TECHNO-FUNDA ANALYSIS

Mahindra & Mahindra (M&M) – Techno-Funda

M&M
Technical- Trading above retest zone; structure turning positive. Breakout zone at ₹3,783 is the main hurdle. Supports at ₹3,664 and ₹3,383. Indicators mixed → short-term consolidation likely. Fundamental- Strong position in SUVs & tractors; market share improving. EV pipeline expanding; CapEx rising but manageable. Recent quarterly results steady with margin improvement. Verdict: Neutral to positive — sustainable buy only above ₹3,783.

#TechnicalViews#FundamentalViews
M&M_2025-11-30_23-57-27.png
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