SML Mahindra Stock Jumps 20% as Company Acquires M&M's Truck and Bus Division for Rs 525 Crore

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Business

29 July 2026 at 5:23 pm

SML Mahindra Stock Jumps 20% as Company Acquires M&M's Truck and Bus Division for Rs 525 Crore

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Summary

SML Mahindra's stock has jumped 20% today following the announcement that the company will acquire M&M's Truck and Bus Division for Rs 525 crore, with the Business Transfer Agreement expected by August 7, 2026.

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