Seasonality
M&M seasonality.Since 2000, month by month.
M&M share price seasonality since 2000: best month Nov (+5.32% average), worst Mar, weekday patterns and how M&M moves on Budget and RBI policy days.
Best month
Nov
avg +5.32%, up 73% of yearsWorst month
Mar
avg -3.44%, up 41% of yearsYears of data
27
since Jan 2000Latest close
2,861.70
15 Oct 2026Around India’s big market days
How M&M moved on the day, and 5 days later.
| Event | Average on the day | Closed higher | +5 days | Events |
|---|---|---|---|---|
| Union Budget day | +0.67% | 53% | +0.93% | 32 |
| RBI policy day | +0.14% | 51% | +0.50% | 114 |
| Lok Sabha election results | +4.72% | 60% | +7.09% | 5 |
| Diwali Muhurat trading | +1.20% | 80% | +5.22% | 20 |
Month by month, last 15 years
Monthly % change; averages and up-years use the full history since 2000.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -7.5 | -1.0 | -13.0 | +4.8 | -1.7 | +0.8 | +10.7 | -3.4 | -10.1 | -3.0* | ||
| 2025 | -0.6 | -13.5 | +3.1 | +9.9 | +1.6 | +6.9 | +0.6 | -0.1 | +7.1 | +1.8 | +7.7 | -1.3 |
| 2024 | -4.5 | +17.0 | -0.6 | +12.2 | +16.2 | +14.4 | +1.4 | -3.5 | +10.3 | -11.8 | +8.7 | +1.4 |
| 2023 | +10.4 | -7.9 | -8.7 | +5.9 | +7.5 | +10.2 | +1.5 | +6.8 | -1.3 | -6.2 | +13.0 | +5.0 |
| 2022 | +5.8 | -10.7 | +2.0 | +14.3 | +12.2 | +5.7 | +6.5 | +12.4 | -3.1 | +6.3 | -3.2 | -4.3 |
| 2021 | +4.0 | +7.6 | -1.4 | -5.4 | +7.4 | -3.7 | -4.4 | +6.8 | +1.2 | +10.1 | -5.5 | +0.2 |
| 2020 | +6.7 | -19.4 | -37.7 | +28.7 | +19.0 | +17.0 | +18.7 | +0.1 | +0.2 | -2.3 | +21.5 | -0.2 |
| 2019 | -15.4 | -5.0 | +4.3 | -4.2 | +0.3 | +1.3 | -16.1 | -3.9 | +3.5 | +10.8 | -12.5 | +0.2 |
| 2018 | +1.6 | -4.5 | +1.4 | +18.2 | +5.7 | -2.7 | +4.3 | +3.1 | -10.8 | -11.0 | +3.3 | +1.6 |
| 2017 | +4.7 | +5.8 | -1.9 | +3.8 | +6.1 | -4.8 | +4.1 | -4.2 | -6.7 | +7.2 | +4.6 | +6.8 |
| 2016 | -3.1 | -0.4 | -1.4 | +9.9 | -0.7 | +8.1 | +2.6 | -2.1 | -2.2 | -6.3 | -10.0 | -0.0 |
| 2015 | +2.5 | +2.1 | -8.1 | -3.6 | +9.9 | +1.9 | +6.3 | -10.5 | +3.5 | -6.3 | +15.4 | -6.8 |
| 2014 | -5.7 | +9.5 | +0.6 | +9.5 | +15.0 | -7.1 | +4.7 | +17.1 | -3.3 | -4.0 | +1.3 | -6.7 |
| 2013 | -4.6 | -1.7 | -1.4 | +7.3 | +4.7 | +0.3 | -6.1 | -14.1 | +5.6 | +7.3 | +6.5 | -0.1 |
| 2012 | -1.2 | +5.4 | -1.4 | +1.4 | -8.1 | +8.4 | -0.9 | +8.9 | +13.3 | +2.3 | +7.1 | -1.6 |
| Average | +0.18% | -0.40% | -3.44% | +4.94% | +3.77% | +2.23% | +3.25% | +0.57% | +0.97% | +2.15% | +5.32% | +2.37% |
| Up years | 46% | 41% | 41% | 67% | 59% | 70% | 70% | 48% | 59% | 62% | 73% | 58% |
Monthly % change, close to close. Averages use 26+ complete years; * marks the month in progress.
Day of the week
Average daily change by weekday, share of up days, and the last five years.
Monday+0.092%52% uplast 5y +0.234%
Tuesday+0.057%52% uplast 5y +0.237%
Wednesday+0.148%51% uplast 5y +0.106%
Thursday+0.029%50% uplast 5y +0.041%
Friday+0.108%51% uplast 5y -0.013%
Historical statistics from daily closing prices (adjusted for bonuses and splits). Past patterns do not guarantee future results. This is information, not investment advice.