Mahindra & Mahindra strengthens EV portfolio with Mahindra Udo launch
News by Aliceblue News Desk
12 Feb 2026
Introduction
Leading electric commercial vehicle manufacturer launched Mahindra UDO, an advanced e-three-wheeler with 200 km range, airplane-inspired design, smart drive modes, and enhanced comfort for last-mile transportation.
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Share price movement of Mahindra
On February 12, 2026, Mahindra & Mahindra Ltd opened at ₹3,716.65, up 1.17% from its previous close of ₹3,674.65. The stock reached a high of ₹3,716.65 (1.17%) and a low of ₹3,582.20. By 3:56 PM, it traded at ₹3,592.80, a 2.23% decline, with a market cap of ₹4,46,775.04 crore.
Mahindra Launches New E-Auto
Mahindra Last Mile Mobility Limited (MLMML), a subsidiary of Mahindra & Mahindra Ltd (M&M), launched its all-new electric three-wheeler, Mahindra UDO, on February 12, 2026. The vehicle is priced at ₹3,84,299, with a limited-time offer of ₹3,58,999.
The Mahindra UDO is an L5 M e-auto manufactured at the Zaheerabad plant. It features airplane-inspired design, full monocoque construction, and advanced manufacturing facilities, including automated paint and assembly lines.
The vehicle offers a 200 km real-world range, multiple smart drive modes, reverse throttle, creep mode, drum brakes, and spacious seating, targeting last-mile transportation in the domestic market.
Stock performance of Mahindra for period of 1 week, 6 months, and 1 year
Mahindra & Mahindra Ltd delivered a 2.88% return over the past week, gained 12.5% in the past 6 months, and rose 23.0% over the past 1 year.
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Shareholding pattern of Mahindra
| Particulars | Dec 2025 | Sep 2025 | Jun 2025 |
| Promoter | 18.40% | 18.40% | 18.40% |
| FII | 37.50% | 38.00% | 38.50% |
| DII | 31% | 30.00% | 30% |
| Public | 10.00% | 9.90% | 9.80% |
| others | 3.50% | 3.60% | 3.60% |
About Mahindra
Mahindra & Mahindra Ltd (NSE: M&M), founded in 1945, is a multinational conglomerate leading in tractors, vehicles, IT, financial services, renewable energy, and global sustainable initiatives.
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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
FAQs
Q: Why is Mahindra & Mahindra Ltd share price in focus today?
A: Mahindra & Mahindra Ltd launched Mahindra UDO, an electric three-wheeler with advanced features, 200 km range, and airplane-inspired design.
Q: What is Mahindra & Mahindra Ltd’s main business focus?
A: Mahindra & Mahindra Ltd manufactures tractors, utility vehicles, and provides IT, financial services, renewable energy, logistics, and real estate solutions globally.
Q: What are the 52-week high and low of Mahindra & Mahindra Ltd stock?
A: Mahindra & Mahindra Ltd recorded a 52-week high of ₹3,840.00 and a 52-week low of ₹2,360.45.
News Author
Aliceblue News Desk
