{"id":33267,"date":"2026-04-05T14:52:53","date_gmt":"2026-04-05T09:22:53","guid":{"rendered":"https:\/\/signalz.pro\/?post_type=article&p=33267"},"modified":"2026-04-05T14:52:53","modified_gmt":"2026-04-05T09:22:53","slug":"mm-%e0%a4%b8%e0%a4%aa%e0%a4%a8%e0%a5%8b%e0%a4%82-%e0%a4%95%e0%a5%80-%e0%a4%97%e0%a4%a4%e0%a4%bf-%e0%a4%ad%e0%a4%be%e0%a4%b0%e0%a4%a4-%e0%a4%95%e0%a5%80-%e0%a4%b6%e0%a4%95%e0%a5%8d%e0%a4%a4","status":"publish","type":"article","link":"https:\/\/signalz.pro\/article\/mm-%e0%a4%b8%e0%a4%aa%e0%a4%a8%e0%a5%8b%e0%a4%82-%e0%a4%95%e0%a5%80-%e0%a4%97%e0%a4%a4%e0%a4%bf-%e0%a4%ad%e0%a4%be%e0%a4%b0%e0%a4%a4-%e0%a4%95%e0%a5%80-%e0%a4%b6%e0%a4%95%e0%a5%8d%e0%a4%a4\/","title":{"rendered":"“M&M – \u0938\u092a\u0928\u094b\u0902 \u0915\u0940 \u0917\u0924\u093f, \u092d\u093e\u0930\u0924 \u0915\u0940 \u0936\u0915\u094d\u0924\u093f!"},"content":{"rendered":"

Technical Analysis
\n<\/strong>Daily chart reveals classic oversold bounce after 2-day decline from \u20b93,200 highs, marked by strong volume and bullish engulfing candle reclaiming 5\/10-SMA support while testing 20-SMA resistance. RSI oversold ~38 with bullish divergence, MACD signal bearish but histogram contracting; price below 50\/100\/200-SMA indicating bearish bias (TSR Bearish vs 57% peers). Pivots: Classic PP \u20b93,021, R1 \u20b93,077\/R2 \u20b93,113\/R3 \u20b93,204, S1 \u20b92,985\/S2 \u20b92,930\/S3 \u20b92,839; supports near \u20b93,000-2,950, resistance \u20b93,100-3,200.<\/p>\n

Fundamental Analysis
\n<\/strong>M&M displays solid fundamentals with Market Cap \u20b93,74,514 Cr, P\/E 22.30, P\/B 4.55, ROE 15.80%\/ROCE 15.04%, Dividend Yield 0.81%; undervalued at Price\/Intrinsic 0.935, tremendous book value growth 3Y, ROE 30.62% TTM, Piotroski F-Score 5.0 stable. Profitability strong with increasing EBITDA\/PBT 3-5Y, sales\/assets trending up; growth highlights tremendous sales increase 3Y, quarterly sales up 5Y.<\/p>\n

News & Events
\n<\/strong>Gas crisis from Middle East tensions caused auto stocks incl. M&M to tumble up to 16% in a month impacting production\/raw materials; recent stocks in news with M&M focus amid US-Iran talks boosting markets. Maruti\/M&M declines tied to geopolitical crude spikes; new product launches eyed for FY26 growth normalization.<\/p>\n

Micro & Macro Events
\n<\/strong>Micro events include Q4FY26 results, dividend, new SUV\/EV launches (17 by 2030), capacity to 85k\/month FY27; macro factors encompass monsoon tractor demand, RBI rates, PLI auto schemes, EU FTA duty cuts.<\/p>\n

Global Cues & War Impact
\n<\/strong>Global cues like Middle East war\/gas crisis directly hit M&M via crude\/oil price surges inflating input costs, raw material shortages risking production halts up to 16% stock drop; EU FTA cuts car import duties heighten competition, rupee depreciation adds pressure.<\/p>\n

Buy Levels & Investment Views
\n<\/strong>Short-term buy dips \u20b92,950-3,000 targeting R1 \u20b93,077 SL S1 \u20b92,985; medium-term \u20b92,930-2,950 to R2 \u20b93,113 SL S2 \u20b92,930; long-term below \u20b92,900 to \u20b93,500+ SL \u20b92,800. Bearish short-term (below key MAs), neutral medium, bullish long-term on undervaluation\/growth.<\/p>\n

Rally Sustainability
\n<\/strong>Post-2D fall buying rally likely mere bounce (60% probability) unless sustains above PP \u20b93,021\/20-SMA \u20b93,194 with volume; failure risks retest S1 \u20b92,985 as bearish MA alignment prevails.<\/p>\n

Buy Recommendation
\n<\/strong>Cautious YES at current\/dip levels for long-term due to undervaluation (P\/Intrinsic 0.935), strong ROE 30%+, sales\/book growth trends, SUV leadership offsetting gas crisis risks; tight SL below S1 essential.<\/p>\n

Detailed Disclaimer (M&M)
\n<\/strong>This educational analysis disclaims all investment advice, guarantees, or endorsements; markets involve high risks of capital loss. Past performance irrelevant to future; consult SEBI-registered advisor for personalized suitability. No liability for actions based on content.<\/p>\n

Detailed Conflict Disclosure (M&M)
\n<\/strong>No direct\/indirect holdings in M&M shares\/derivatives by analysts\/firm as of April 05, 2026; independent public data analysis, no compensation\/conflicts from M&M.<\/p>\n","protected":false},"template":"","article-category":[35],"article-tags":[],"class_list":["post-33267","article","type-article","status-publish","hentry","article-category-learn"],"acf":[],"_links":{"self":[{"href":"https:\/\/signalz.pro\/api\/wp\/v2\/article\/33267","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/signalz.pro\/api\/wp\/v2\/article"}],"about":[{"href":"https:\/\/signalz.pro\/api\/wp\/v2\/types\/article"}],"wp:attachment":[{"href":"https:\/\/signalz.pro\/api\/wp\/v2\/media?parent=33267"}],"wp:term":[{"taxonomy":"article-category","embeddable":true,"href":"https:\/\/signalz.pro\/api\/wp\/v2\/article-category?post=33267"},{"taxonomy":"article-tags","embeddable":true,"href":"https:\/\/signalz.pro\/api\/wp\/v2\/article-tags?post=33267"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}