Water deficit stress is a critical abiotic constraint to mung bean production that affects plant growth and development and finally reduces crop yield. Therefore, a field experiment was conducted at five diverse environments using four water stress-tolerant genotypes, namely BARI Mung-8, BMX-08010-2, BMX-010015, and BMX-08009-7, along with two popular cultivated varieties (check) of BARI Mung-6 and BARI Mung-7 to evaluate more stable tolerant genotypes across the country. Stability analysis was performed based on the grain yield. The combined analysis of variance showed significant variations among genotypes, environments, and their interactions. The AMMI analysis of variance indicated that genotype accounted for 91% of the total sum of squares for grain yield, followed by genotype × environment interaction (5%), and environment (4%). Partitioning of interaction indicated that the first three interaction principal components (IPCA1–IPCA3) were highly significant (p ≤ 0.01). Using these significant IPCAs, AMMI stability parameters and non-parameter indices BMX-010015 was found stable across the environment based on yield traits and grain yield. The BMX-08010-2 genotype also showed significant regression coefficient (bi) more than unity, and non-significant deviation from regression (S2di) values, indicating suitable for a favorable environment considering grain yield. So, based on the stability analysis (Eberhart and Russell), additive main effects, and multiplicative interactions (AMMI) analysis, the BMX-010015 and BMX-08010-2 could be suitable for having tolerance to water deficit stress.