Thursday, 30 July 2026 · World
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EUROS The World Financial Report
Nº 19 Thursday, 30 July 2026 · World Edition
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SML Mahindra shares rally over 18% on acquisition of M&M’s truck division. What it means for shareholders?

Markets-Economic Times · 1h ago · 🇮🇳 India
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 Division. Analysts view the deal positively, citing stronger market positioning, operational synergies and long-term earnings accretion, though some near-term margin dilution could persist after the business integration.

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