Mahindra Logistics share price jumps over 14% after Q3 results. Should you buy, sell or hold?

Mahindra Logistics share price surged by more than 14% during Wednesday's trading session following the release of its Q3 results. The company reported a net profit of ₹3.25 crore in the third quarter, reversing a loss of ₹9.03 crore in the same period last year, driven by strong revenue growth and enhanced operational performance.

Revenue increased by 19.1% year-on-year, reaching ₹1,898 crore in Q3 FY26 compared to ₹1,594.2 crore the previous year. EBITDA grew by 39.5% to ₹102.79 crore from ₹73.69 crore, which highlights improved execution and operational efficiency.

The EBITDA margin widened to 5.42% in the quarter, up from 4.62% in the previous year's quarter, demonstrating better cost control and advantages from increased scale.

Hemant Sikka, Managing Director and CEO, stated that Q3 FY26 represents a pivotal turning point for Mahindra Logistics. Following 11 consecutive quarters of losses, we have achieved profitability again, thanks to more precise execution, enhanced cost management, and a more targeted growth strategy.

He mentioned that in recent months, the company has solidified its leadership framework, improved organizational coherence, and reinforced the rigor of execution at the operational level.

Mahindra Logistics share price today

Mahindra Logistics share price today opened at an intraday low of ₹310.05 apiece on the BSE, the stock touched an intraday high of ₹338.85 per share.

According to Rajesh Bhosale, Equity Technical and Derivative Analyst at Angel One, Mahindra Logistics share price has seen a sharp gap-up opening and followed up buying, this positive momentum can continue and a buy on dip can be considered, 330 - 325 can be considered as immediate support coinciding with 200DSMA whereas 305 the bullish gap is the strong support, on the flip side 360 - 370 is immediate resistance.

Further, Anshul Jain, Head of Research at Lakshmishree, said that momentum is likely to carry the stock toward the previous swing high resistance band between 350 and 370. That zone will be the next key test for bulls.

According to Jain, as long as price holds above 306 on a closing basis, risk–reward remains favourable, and pullbacks are likely to be shallow and absorbed rather than sold into.

Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.