Shares of heavy vehicle maker SML Isuzu Ltd hit a lower circuit of 10% in early deals after auto major Mahindra & Mahindra said it would buy stake in the firm. M&M inked an agreement to acquire a ...
Over the last 5 years, the share price of SML Mahindra has gained 55.10% CAGR. Over the past year, the corresponding return has been 148.67%. SML Mahindra’s current P/E of 37.33x helps give context to ...
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A similar amendment agreement has been signed with Isuzu, also confirming the appointment of a Mahindra nominee as KMP and changes to the name change process. Mahindra & Mahindra Ltd, an automobile ...
Along with EVs, the SML Isuzu stake buy will also give Mahindra an opportunity to enter the CNG commercial vehicle market. Mumbai: Mahindra & Mahindra (M&M) has made major bets on electrification of ...