Mahindra's Trucks & Buses Business sells 3129 vehicles in May 2026

Mahindra & Mahindra Ltd. (M&M Ltd.), today announced that its overall sales including exports in the Trucks and Buses business (CV > 3.5T) for the month of May 2026 stood at 3129 vehicles, a y-o-y growth of 18%. Mahindra's Trucks & Buses business comprises of Mahindra Trucks & Buses division (MTBD) and SML Mahindra Limited (SML). According to Vinod Sahay, Executive Chairman - SML, President - Aerospace, Advanced Technologies, Trucks, Buses & CE, M&M, "The CV industry continues to face near-term headwinds, driven by elevated input costs and higher diesel prices amid ongoing geopolitical uncertainties, putting pressure on fleet operators' profitability. The industry is showing signs of short to medium term moderation even though structural drivers such as infrastructure spending and replacement demand remain supportive for long term growth. We maintain an overall cautious outlook as cost pressures and macroeconomic uncertainties continue to weigh on industry sentiments currently." Shares of Mahindra & Mahindra Limited was last trading in BSE at Rs. 3034.80 as compared to the previous close of Rs. 3119.60. The total number of shares traded during the day was 358603 in over 11026 trades. The stock hit an intraday high of Rs. 3153.00 and intraday low of 3007.20. The net turnover during the day was Rs. 1106027057.00.