SML Mahindra Shares Surge 44% Following Acquisition of M&M's Truck and Bus Business

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Finance

30 July 2026 at 1:30 pm

SML Mahindra Shares Surge 44% Following Acquisition of M&M's Truck and Bus Business

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Summary

SML Mahindra shares rallied 44% in two days after its board approved the acquisition of Mahindra Truck & Bus Division (MTBD) from Mahindra & Mahindra Ltd (M&M) for Rs 525 crore.

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