M&M on results day.±2.3% is the typical move.

How much M&M moves on results day: ±2.3% on average over the last 12 quarters (2.2× a normal day), higher 59% of the time across 78 results since 2007. Next results: 5 Nov 2026.

Typical results-day move
±2.3%
average size, last 12 quarters
Versus a normal day
2.2×
median daily move ±1.06% over the past year
Closed higher
59%
of 78 results since 2007
Next results
5 Nov
board meeting, Thursday

Results-day moves, last 20 quarters

Close-to-close change on the day the market first reacted to each quarter’s results.

+4%-4%+7%-7%Q2 FY22: +3.80% on 9 Nov 2021+3.8Q2 FY22Q3 FY22: +1.53% on 10 Feb 2022+1.5Q4 FY22: +4.78% on 30 May 2022+4.8Q4 FY22Q1 FY23: +3.30% on 8 Aug 2022+3.3Q2 FY23: -0.70% on 14 Nov 2022-0.7Q2 FY23Q3 FY23: -0.91% on 13 Feb 2023-0.9Q4 FY23: +3.77% on 29 May 2023+3.8Q4 FY23Q1 FY24: +4.25% on 7 Aug 2023+4.3Q2 FY24: -1.80% on 10 Nov 2023-1.8Q2 FY24Q3 FY24: +6.52% on 15 Feb 2024+6.5Q4 FY24: +6.02% on 17 May 2024+6.0Q4 FY24Q1 FY25: -2.73% on 1 Aug 2024-2.7Q2 FY25: -1.47% on 7 Nov 2024-1.5Q2 FY25Q3 FY25: -1.91% on 10 Feb 2025-1.9Q4 FY25: +2.32% on 28 Apr 2025+2.3Q4 FY25Q1 FY26: -0.24% on 24 Jul 2025-0.2Q2 FY26: -1.24% on 29 Oct 2025-1.2Q2 FY26Q3 FY26: +1.64% on 28 Jan 2026+1.6Q4 FY26: -0.46% on 28 Apr 2026-0.5Q4 FY26Q1 FY27: +1.14% on 21 Jul 2026+1.1

Every result since 2007

Latest first. Results published after 3:30 PM or on a holiday are measured on the next trading day. The opening gap is the open against the previous close.

QuarterResults publishedReaction dayOpening gapDay’s move3 days
Q1 FY27quarter to 30 Jun 202620 Jul 2026, 17:05after the closeTue 21 Jul 2026-0.37%+1.14%+2.03%
Q4 FY26quarter to 31 Mar 202627 Apr 2026, 18:46after the closeTue 28 Apr 2026+0.44%-0.46%-0.16%
Q3 FY26quarter to 31 Dec 202527 Jan 2026, 19:19after the closeWed 28 Jan 2026-0.43%+1.64%+1.13%
Q2 FY26quarter to 30 Sep 202529 Oct 2025, 14:53during market hoursWed 29 Oct 2025+0.03%-1.24%-2.57%
Q1 FY26quarter to 30 Jun 202523 Jul 2025, 20:16after the closeThu 24 Jul 2025-0.42%-0.24%-1.80%
Q4 FY25quarter to 31 Mar 202525 Apr 2025, 16:22after the closeMon 28 Apr 2025+1.91%+2.32%+2.26%
Q3 FY25quarter to 31 Dec 20247 Feb 2025, 16:07after the closeMon 10 Feb 2025+0.34%-1.91%-6.60%
Q2 FY25quarter to 30 Sep 20247 Nov 2024, 14:39during market hoursThu 7 Nov 2024+1.27%-1.47%-0.13%
Q1 FY25quarter to 30 Jun 202431 Jul 2024, 15:50after the closeThu 1 Aug 2024+0.64%-2.73%-7.87%
Q4 FY24quarter to 31 Mar 202416 May 2024, 17:24after the closeFri 17 May 2024+2.26%+6.02%+6.36%
Q3 FY24quarter to 31 Dec 202314 Feb 2024, 17:09after the closeThu 15 Feb 2024+1.45%+6.52%+11.56%
Q2 FY24quarter to 30 Sep 202310 Nov 2023, 15:22during market hoursFri 10 Nov 2023-0.13%-1.80%-0.76%
Q1 FY24quarter to 30 Jun 20234 Aug 2023, 16:50after the closeMon 7 Aug 2023+1.66%+4.25%+4.79%
Q4 FY23quarter to 31 Mar 202326 May 2023, 17:36after the closeMon 29 May 2023+3.09%+3.77%+2.90%
Q3 FY23quarter to 31 Dec 202210 Feb 2023, 16:22after the closeMon 13 Feb 2023+0.70%-0.91%+1.02%
Q2 FY23quarter to 30 Sep 202211 Nov 2022, 15:33after the closeMon 14 Nov 2022+1.31%-0.70%-0.03%
Q1 FY23quarter to 30 Jun 20225 Aug 2022, 16:19after the closeMon 8 Aug 2022+0.74%+3.30%+2.45%
Q4 FY22quarter to 31 Mar 202228 May 2022, 18:53on a non-trading dayMon 30 May 2022+2.04%+4.78%+9.92%
Q3 FY22quarter to 31 Dec 202110 Feb 2022, 14:38during market hoursThu 10 Feb 2022+0.45%+1.53%-1.80%
Q2 FY22quarter to 30 Sep 20219 Nov 2021, 15:20during market hoursTue 9 Nov 2021+0.52%+3.80%+7.59%
Q1 FY22quarter to 30 Jun 20216 Aug 2021, 14:51during market hoursFri 6 Aug 2021+0.59%-0.14%+3.55%
Q4 FY21quarter to 31 Mar 202128 May 2021, 16:46after the closeMon 31 May 2021-2.58%-4.48%-4.69%
Q3 FY21quarter to 31 Dec 20205 Feb 2021, 16:03after the closeMon 8 Feb 2021+2.95%+7.27%+5.62%
Q2 FY21quarter to 30 Sep 202010 Nov 2020, 19:39after the closeWed 11 Nov 2020+0.81%+2.14%+1.60%
Q1 FY21quarter to 30 Jun 20207 Aug 2020, 21:20after the closeMon 10 Aug 2020+0.76%+4.74%+5.75%
Q4 FY20quarter to 31 Mar 202012 Jun 2020, 17:08after the closeMon 15 Jun 2020-0.65%-0.06%-2.13%
Q3 FY20quarter to 31 Dec 20198 Feb 2020, 17:27on a non-trading dayMon 10 Feb 2020-0.40%-7.15%-6.69%
Q2 FY20quarter to 30 Sep 20198 Nov 2019, 18:53after the closeMon 11 Nov 2019+0.29%-0.86%-0.27%
Q1 FY20quarter to 30 Jun 20197 Aug 2019, 19:38after the closeThu 8 Aug 2019+0.04%+4.10%-1.14%
Q4 FY19quarter to 31 Mar 201929 May 2019, 19:14after the closeThu 30 May 2019-1.81%-1.55%-2.79%
Q3 FY19quarter to 31 Dec 20181 Mar 2019, 15:28during market hoursFri 1 Mar 2019+0.63%+0.59%+2.01%
Q2 FY19quarter to 30 Sep 201827 Nov 2018, 17:38after the closeWed 28 Nov 2018+0.39%-0.45%+5.21%
Q1 FY19quarter to 30 Jun 201820 Aug 2018, 14:11during market hoursMon 20 Aug 2018+0.64%+0.84%+0.17%
Q4 FY18quarter to 31 Mar 201822 Jun 2018, 20:24after the closeMon 25 Jun 2018+0.42%-0.29%-1.71%
Q3 FY18quarter to 31 Dec 201714 Feb 2018, 15:03during market hoursWed 14 Feb 2018+0.78%+0.13%-0.30%
Q2 FY18quarter to 30 Sep 201721 Nov 2017, 15:26during market hoursTue 21 Nov 2017+0.85%+0.57%+0.76%
Q1 FY18quarter to 30 Jun 20171 Sep 2017, 09:33during market hoursFri 1 Sep 2017+0.00%+0.21%-1.50%
Q4 FY17quarter to 31 Mar 201718 Jun 2017, 16:09on a non-trading dayMon 19 Jun 2017+0.41%+0.07%-0.01%
Q3 FY17quarter to 31 Dec 201627 Feb 2017, 18:09after the closeTue 28 Feb 2017+0.08%+1.42%+2.41%
Q2 FY17quarter to 30 Sep 201617 Nov 2016, 19:01after the closeFri 18 Nov 2016+0.21%+1.65%-0.05%
Q1 FY17quarter to 30 Jun 201629 Sep 2016, 20:56after the closeFri 30 Sep 2016+0.45%+3.03%+3.73%
Q4 FY16quarter to 31 Mar 201630 May 2016, 20:50after the closeTue 31 May 2016+0.29%-0.64%+0.18%
Q3 FY16quarter to 31 Dec 201513 Feb 2016, 18:01on a non-trading dayMon 15 Feb 2016-0.19%+5.28%+3.02%
Q2 FY16quarter to 30 Sep 20157 Nov 2015, 14:01on a non-trading dayMon 9 Nov 2015-2.29%-0.04%+1.18%
Q1 FY16quarter to 30 Jun 20151 Sep 2015, 14:09during market hoursTue 1 Sep 2015-1.10%-3.58%-6.57%
Q4 FY15quarter to 31 Mar 201530 May 2015, 19:41on a non-trading dayMon 1 Jun 2015+0.00%+0.00%-4.23%
Q3 FY15quarter to 31 Dec 201420 Feb 2015, 11:01during market hoursFri 20 Feb 2015+0.54%+0.17%+0.70%
Q2 FY15quarter to 30 Sep 201425 Nov 2014, 18:05after the closeWed 26 Nov 2014+0.10%+1.28%+5.26%
Q1 FY15quarter to 30 Jun 201411 Aug 2014, 15:41after the closeTue 12 Aug 2014+0.49%+0.11%+1.01%
Q4 FY14quarter to 31 Mar 201430 May 2014, 21:01after the closeMon 2 Jun 2014-0.04%+0.30%-1.27%
Q3 FY14quarter to 31 Dec 201319 Feb 2014, 13:37during market hoursWed 19 Feb 2014+0.09%+0.86%-0.55%
Q2 FY14quarter to 30 Sep 201321 Nov 2013, 15:45after the closeFri 22 Nov 2013+0.38%+0.22%+1.15%
Q1 FY14quarter to 30 Jun 201317 Aug 2013, 14:41on a non-trading dayMon 19 Aug 2013+0.58%-3.55%-6.68%
Q4 FY13quarter to 31 Mar 201315 Jun 2013, 11:45on a non-trading dayMon 17 Jun 2013+1.69%+4.25%+3.26%
Q3 FY13quarter to 31 Dec 20128 Feb 2013, 14:47during market hoursFri 8 Feb 2013+0.38%-1.34%-1.35%
Q2 FY13quarter to 30 Sep 201225 Oct 2012, 20:33after the closeFri 26 Oct 2012+0.13%+2.68%+1.84%
Q1 FY13quarter to 30 Jun 20128 Aug 2012, 14:22during market hoursWed 8 Aug 2012+0.49%+3.68%+6.10%
Q4 FY12quarter to 31 Mar 20126 Jun 2012, 16:41after the closeThu 7 Jun 2012+0.16%+2.08%+0.73%
Q3 FY12quarter to 31 Dec 20117 Feb 2012, 17:33after the closeWed 8 Feb 2012-1.40%-0.39%+0.28%
Q2 FY12quarter to 30 Sep 201114 Nov 2011, 14:33during market hoursMon 14 Nov 2011+0.55%-5.98%-7.86%
Q1 FY12quarter to 30 Jun 20118 Aug 2011, 13:22during market hoursMon 8 Aug 2011-1.91%+2.28%+11.79%
Q4 FY11quarter to 31 Mar 201130 May 2011, 14:50during market hoursMon 30 May 2011+0.30%-5.94%-4.12%
Q3 FY11quarter to 31 Dec 20109 Feb 2011, 13:13during market hoursWed 9 Feb 2011+0.29%+4.38%+5.97%
Q2 FY11quarter to 30 Sep 201029 Oct 2010, 13:53during market hoursFri 29 Oct 2010+1.27%+0.09%+3.35%
Q1 FY11quarter to 30 Jun 201028 Jul 2010, 13:24during market hoursWed 28 Jul 2010+0.22%+1.28%+3.38%
Q4 FY10quarter to 31 Mar 201029 May 2010, 15:04on a non-trading dayMon 31 May 2010+1.66%+4.90%+5.23%
Q3 FY10quarter to 31 Dec 200925 Jan 2010, 14:20during market hoursMon 25 Jan 2010+0.61%-5.45%-9.78%
Q2 FY10quarter to 30 Sep 200929 Oct 2009, 14:23during market hoursThu 29 Oct 2009-1.86%+4.12%+0.31%
Q1 FY10quarter to 30 Jun 200930 Jul 2009, 13:52during market hoursThu 30 Jul 2009+0.34%+1.28%+9.09%
Q4 FY09quarter to 31 Mar 200928 May 2009, 13:08during market hoursThu 28 May 2009+1.58%+1.74%+13.83%
Q3 FY09quarter to 31 Dec 200831 Jan 2009, 14:30on a non-trading dayMon 2 Feb 2009-2.41%-3.48%-6.97%
Q2 FY09quarter to 30 Sep 200829 Oct 2008, 14:11during market hoursWed 29 Oct 2008+2.44%+8.19%+37.16%
Q1 FY09quarter to 30 Jun 200830 Jul 2008, 13:39during market hoursWed 30 Jul 2008-4.99%+2.72%+4.60%
Q4 FY08quarter to 31 Mar 200828 May 2008, 14:22during market hoursWed 28 May 2008-0.38%-0.77%-8.71%
Q3 FY08quarter to 31 Dec 200730 Jan 2008, 14:00during market hoursWed 30 Jan 2008+0.49%-1.49%-4.36%
Q2 FY08quarter to 30 Sep 200729 Oct 2007, 13:29during market hoursMon 29 Oct 2007+1.00%-0.72%-5.85%
Q1 FY08quarter to 30 Jun 200730 Jul 2007, 12:11during market hoursMon 30 Jul 2007+1.03%-3.79%-11.12%
Q4 FY07quarter to 31 Mar 200728 May 2007, 16:51after the closeTue 29 May 2007+0.74%+3.56%+2.43%

Questions

How much does M&M move on results day?
Over the last 12 quarterly results, M&M moved ±2.29% on average on the reaction day (median ±1.72%). That is about 2.2 times its normal daily move over the past year.
Does M&M usually go up or down after results?
It closed higher on 59% of 78 results days since 2007. The biggest rise was +8.19% after Q2 FY09 results (29 Oct 2008); the biggest fall was -7.15% after Q3 FY20 (10 Feb 2020).
When are M&M's next results?
M&M's board meeting to consider results is on 5 November 2026, as filed with NSE. If the results come out after 3:30 PM, the market reacts the next trading day.

Publication times from NSE filings; prices are daily closes adjusted for bonuses and splits. A results day can also carry market-wide news. Past moves do not predict the next one. This is information, not investment advice.

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