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Mahindra & Mahindra Share Price History & Return (1990 To 2024)

Mahindra & Mahindra Share Price History & Return (1990 To 2024)

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Mahindra & Mahindra Share Highlights

As of Mon 01 Jul 2024, Mahindra & Mahindra Share price is ₹2,872.44 which is ₹141.06 below 52-week high of ₹3,013.5 and ₹1,456.69 above 52-week low of ₹1,415.75

52-Week High Low

  • Mahindra & Mahindra 52-Week High is ₹3,013.5 occured on Tue 18 Jun 2024
  • Mahindra & Mahindra 52-Week Low is ₹1,415.75 occured on Fri 04 Aug 2023

All Time High

  • The all-time high or the highest price that Mahindra & Mahindra shares have ever touched was ₹3,013.5 and this occurred on Tue 18 Jun 2024.
  • The highest closing price at which Mahindra & Mahindra shares have ever closed was ₹2,961.89 recorded on Tue 18 Jun 2024.

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Short Info About Mahindra & Mahindra

Mahindra and Mahindra: The Rise from Steel Trading to Global Conglomerate

There are many companies that ceased to exist as they stopped innovating and improving according to the need of the market. Some companies that were able to do so became a conglomerate with interests spread through various industries. Mahindra is a name known from a farmer, banker to an IT person. Mahindra group has a company, Mahindra & Mahindra under it, which is active in the automotive industry.

1945: Mahindra & Mohammed was incorporated.

1948: The company’s name was changed to Mahindra & Mahindra.

1996: It got listed on the National Stock Exchange.

Mahindra & Mahindra has a fascinating history, with one of its founding fathers becoming the Finance Minister of Pakistan after the partition. It is an MNC company with a presence in over 15+ countries. M&M produces SUVs, small commercial vehicles, buses, trucks, etc.

Various indices have M&M as a constituent, such as Nifty 50, Nifty Auto, etc. It has won several awards for its excellence in quality, innovation, corporate governance, and social responsibility. In 2000-01 due to over 50% drop in profit, a strike at a plant, etc., its share prices dropped almost 80% in 2 years.

Let’s dive into the captivating share price history of Mahindra & Mahindra Ltd. to see the value creation done for its investors.

Mahindra & Mahindra Recent Performance

Over the past 25 trading days, the value of Mahindra & Mahindra's stock has increased by ₹323.34 (+12.68%). On 27 May 2024, its one share was worth ₹2549.10 and by 01 Jul 2024, the value jumped to ₹2872.44. During this period it created a highest high of ₹3013.50 and lowest low of ₹2448.19.

Below Image represents line chart of daily close price of Mahindra & Mahindra, helping you visualize how the price has changed day by day.

Mahindra & Mahindra Recent Daily Close Chart
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Mahindra & Mahindra Share Price Chart From 1990 to 2024

Mahindra & Mahindra Share Price History Table From 1990 to 2024

Mahindra & Mahindra Share Price History Table From 1990 to 2024

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YearMahindra & MahindraYOY Chg%↑High - ↓Low
1990₹5.06-

↑ ₹9.37

↓ ₹4.50

1991₹5.447.5%

↑ ₹8.62

↓ ₹4.31

1992₹8.4354.9%

↑ ₹14.24

↓ ₹5.10

1993₹22.12162.3%

↑ ₹22.49

↓ ₹7.68

1994₹26.2418.6%

↑ ₹32.24

↓ ₹20.24

1995₹25.99-1%

↑ ₹29.24

↓ ₹20.43

1996₹40.1354.4%

↑ ₹82.49

↓ ₹24.38

1997₹41.092.3%

↑ ₹94.24

↓ ₹34.50

1998₹20.63-49.8%

↑ ₹41.34

↓ ₹16.76

1999₹52.47154.3%

↑ ₹109

↓ ₹20.40

2000₹18.57-64.7%

↑ ₹83.00

↓ ₹15.77

2001₹11.15-40%

↑ ₹23.69

↓ ₹6.38

2002₹14.1026.4%

↑ ₹16.69

↓ ₹9.81

2003₹48.60244.6%

↑ ₹50.63

↓ ₹11.76

2004₹68.1840.2%

↑ ₹69.18

↓ ₹44.60

2005₹127.9087.5%

↑ ₹164

↓ ₹53.88

2006₹227.1177.5%

↑ ₹228

↓ ₹114

2007₹215.49-5.2%

↑ ₹250

↓ ₹147

2008₹68.63-68.2%

↑ ₹218

↓ ₹58.75

2009₹270.21293.7%

↑ ₹273

↓ ₹64.65

2010₹389.1043.9%

↑ ₹413

↓ ₹237

2011₹340.90-12.4%

↑ ₹438

↓ ₹292

2012₹465.8336.6%

↑ ₹488

↓ ₹310

2013₹472.101.3%

↑ ₹513

↓ ₹370

2014₹617.2230.7%

↑ ₹716

↓ ₹423

2015₹636.173%

↑ ₹721

↓ ₹546

2016₹592.35-6.9%

↑ ₹754

↓ ₹545

2017₹751.1026.8%

↑ ₹785

↓ ₹585

2018₹803.857%

↑ ₹993

↓ ₹694

2019₹531.55-33.9%

↑ ₹805

↓ ₹502

2020₹720.6035.5%

↑ ₹764

↓ ₹245

2021₹837.1516.1%

↑ ₹979

↓ ₹723

2022₹1249.2049.2%

↑ ₹1366

↓ ₹671

2023₹1729.4038.4%

↑ ₹1758

↓ ₹1123

2024₹2872.4466%

↑ ₹2892

↓ ₹2838

Analyzing the Impact of Investing in Mahindra & Mahindra

Mahindra & Mahindra Shares price in the year 1990 was ₹5.06. If you had invested ₹10,000 in Mahindra & Mahindra Shares in 1990, in 34 years, your investment would have grown to ₹56.76 Lakh by the end of 2024. This represents a positive return of 56667.5% from 1990 to 2024, with a compound annual growth rate (CAGR) of 20.5%.

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Also Read: Tata Steel Year Wise Share Price History From IPO to 2024

Mahindra & Mahindra Share Returns In Last 5 Years

Mahindra & Mahindra Share Returns In Last 5 Years
  • Its highest share price in the last 5 years was: ₹2,892.75 and lowest was: ₹245.4
  • Mahindra & Mahindra Shares price in 2019 was ₹531.54
  • By 2024, its share price rose to ₹2,872.44
  • It gave a positive return of over 440% with a CAGR of 40.1% over the last 5 years
  • If you had invested ₹10,000 in Mahindra & Mahindra in 2019 then in 5 years, your investment would have grown to ₹54,038 by 2024, which is 5.4 times of your initial investment.

Mahindra & Mahindra Share Returns In Last 10 Years

Mahindra & Mahindra Share Returns In Last 10 Years
  • Its highest share price in the last 10 years was: ₹2,892.75 and lowest was: ₹245.4
  • Mahindra & Mahindra Shares price in 2014 was ₹617.22
  • By 2024, its share price rose to ₹2,872.44
  • It gave a positive return of over 365% with a CAGR of 16.6% over the last 10 years
  • If you had invested ₹10,000 in Mahindra & Mahindra in 2014 then in 10 years, your investment would have grown to ₹46,538 by 2024, which is 4.65 times of your initial investment.

Mahindra & Mahindra Share Returns In Last 15 Years

M%2526M last15
  • Its highest share price in the last 15 years was: ₹2,892.75 and lowest was: ₹64.65
  • Mahindra & Mahindra Shares price in 2009 was ₹270.2
  • By 2024, its share price rose to ₹2,872.44
  • It gave a positive return of over 963% with a CAGR of 17% over the last 15 years
  • If you had invested ₹10,000 in Mahindra & Mahindra in 2009 then in 15 years, your investment would have grown to ₹1.06 Lakh by 2024, which is 10.63 times of your initial investment.

Mahindra & Mahindra Share Returns In Last 20 Years

Mahindra & Mahindra Share Returns In Last 20 Years
  • Its highest share price in the last 20 years was: ₹2,892.75 and lowest was: ₹44.6
  • Mahindra & Mahindra Shares price in 2004 was ₹68.18
  • By 2024, its share price rose to ₹2,872.44
  • It gave a positive return of over 4113% with a CAGR of 20.5% over the last 20 years
  • If you had invested ₹10,000 in Mahindra & Mahindra in 2004 then in 20 years, your investment would have grown to ₹4.21 Lakh by 2024, which is 42.13 times of your initial investment.

Mahindra & Mahindra Share VS FD (Normal) VS FD (Compounding)

You might wonder which option is better: shares, fixed deposits (FDs) or compounding FDs. Let’s compare them and see how they differ.

  • Shares: Units of ownership in a company can benefit from its profits or losses.
  • FDs: Deposits you make with a bank or a financial institution for a fixed time and at a fixed interest rate.
  • Compounding FDs: Similar to FDs but with one difference: the interest is reinvested into the principal amount instead of being paid out.
To help you make a well-informed decision, we have prepared a handy table that compares the returns of Mahindra & Mahindra Share with both FD choices over time.


If you invested ₹10,000 rupees each in these 3 options in :

YearMahindra & Mahindra InvestmentFD Normal InvestmentFD Compond Investment
1990₹10,000₹10,000₹10,000

Then today, your investment would have become this much in each option:

2024₹55,85,530.48₹30,400₹72,510.25



[Click/Touch on line to show data]


For more insights into Mahindra & Mahindra, explore these additional resources:-

Reference:

 

 


About The Author

Nippun

Hi, I’m Nippun, a tech enthusiast from Haryana, India. I have been coding since 2010 and using my coding skills in the share market since 2020. I have been coding scripts in Pinescript that work on Tradingview app/web. I love learning about new technology and applying it to solve real-world problems. Coding and share-market are my passions, and I enjoy finding and fixing bugs in code. I aim to share my skill set and experience that can positively impact society. Feel free to connect with me, and let’s learn from each other. My Twitter