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M&M shares climb 3% after strong Q1 results. Morgan Stanley sees up to 29% upside scopeMahindra & Mahindra shares climbed up to 3% after the automaker reported a 7% year-on-year rise in standalone net profit to Rs 3,685 crore ...
Maruti starts commercial production at Hansalpur facility; capacity goes up to 1 million units per annumMaruti Suzuki has started commercial production at its fourth plant in Gujarat. This new facility will produce the battery electric vehicle...
SML Mahindra shares rally over 18% on acquisition of M&M’s truck division. What it means for shareholders?SML Mahindra shares surged on Thursday after the company announced the Rs 525 crore acquisition of Mahindra & Mahindra's Truck and Bus Divi...
SML Mahindra to acquire M&M's truck, bus business for unified CV companySML Mahindra will acquire Mahindra & Mahindra's truck and bus division. This move aims to consolidate commercial vehicle operations under o...
SML Mahindra to acquire Mahindra Truck and Bus division in commercial vehicle consolidationSML Mahindra will acquire Mahindra Truck and Bus Division from Mahindra & Mahindra through a slump sale in FY27. The deal consolidates truc...
SML Mahindra to acquire Mahindra’s truck and bus business for Rs 525 croreIn a significant strategic shift, Mahindra & Mahindra plans to hand over its Truck and Bus Division to SML Mahindra for Rs 525 crore. This ...
Reliance Industries, Groww and MTAR Technologies among stocks bought and sold by mutual funds in JuneMutual funds invested Rs 50,600 crore in stocks during June. They significantly bought JSWInfra, Bajaj Finance, and HDFC Bank. Conversely, ...
Dividend Alert! Last day to buy M&M, Swaraj Engines, 31 other stocks to earn payouts up to Rs 110Investors have a final chance today to buy shares in 33 companies, including Mahindra & Mahindra, Tech Mahindra, and Union Bank, to qualify...
Missed the FII U-turn? 6 stocks turned multibagger after foreign investors corrected their mistakeForeign institutional investors (FIIs) reversed their selling trend in six select Indian stocks, turning them into multibaggers. Bajaj Cons...
Ashok Leyland, Tata Motors and other CV stocks soar up to 9%. What’s triggering the surge?US and Iran have reached an initial peace agreement to end their nearly four-month conflict, restore shipping through the Strait of Hormuz,...
SML Isuzu shares in focus as August sales nosedive 15%SML Isuzu may be in focus on September 9 after reporting a 15% drop in August sales to 815 units and exports halving to 27, even as product...
Mahindra completes SML Isuzu buyout, restructures board and plans rebrandingMahindra & Mahindra has finalized its acquisition of a 58.96% stake in SML Isuzu, aiming to bolster its presence in the commercial vehicle ...
Mahindra & Mahindra acquires majority stake in SML Isuzu for Rs 555 crMahindra & Mahindra has acquired a 58.96% controlling stake in SML Isuzu for INR 555 crore, renaming it 'SML Mahindra Limited' post-regulat...
CCI okays Mahindra's proposal to acquire 59 pc stake in SML Isuzu for Rs 555 croreThe Competition Commission of India (CCI) has approved Mahindra & Mahindra's acquisition of a nearly 59% stake in commercial vehicle maker ...
SML Isuzu acquisition to help M&M scale up its CV biz: MD & CEO Anish ShahMahindra & Mahindra's acquisition of SML Isuzu aims to establish a strong fourth position in the over 3.5-tonne truck and bus segment, targ...
With SML Isuzu acquisition, Mahindra eyes bigger play in more than 3.5 tonne truck, bus marketMahindra & Mahindra will acquire a majority stake in SML Isuzu. This acquisition aims to make Mahindra a significant player in the truck an...
Mahindra likely in talks to buy Sumitomo's entire stake in SML IsuzuMahindra & Mahindra is in discussions to acquire Sumitomo Corp's 44% stake in SML Isuzu, with the offer expected to value the company at ar...