Moneycontrol.com·1 min read·medium
SML Mahindra shares hit 20% upper circuit as M&M to sell truck, bus division to SML Mahindra for Rs 525 crore
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SML Mahindra shares surged by 20% after Mahindra & Mahindra announced the sale of its truck and bus division to the subsidiary for Rs 525 crore. The move is part of a broader strategy to consolidate the company's commercial vehicle operations.
Liked this AI Summary? Join our AI Workshop Shares of SML Mahindra hit 20% upper circuit on July 29 as Mahindra & Mahindra's board approved the sale of its truck and bus business to its subsidiary for Rs 525 crore, as it looks to consolidate its comm... [2559 chars]
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