Sumitomo holds 44% in SML Isuzu; current stake valued at Rs 1,100 cr; deal may happen at a discount to current trading price ...
SML Isuzu's share price rallied 6% to ₹1,710 on reports that Ashok Leyland is in advanced talks to acquire a majority stake ...
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Indian automaker Mahindra & Mahindra is in talks to buy Japan's Sumitomo Corp's entire 44% stake in heavy vehicle-maker SML ...
Together with Accelera, the electric brand of US motor manufacturer Cummins, Isuzu has developed a battery-electric ...
Sources further said that Mahindra & Mahindra is looking at a valuation of ₹1,400 per share to ₹1,500 per share for SML Isuzu ...
The SML Isuzu share price is up a whopping 28% in last 5 days and clocked over 50% gains in last 1 month. The gains in 2025 so far hover around the 10% mark. The bus manufacturer is set to enter the ...
SML Isuzu sold 11,617 trucks and buses in the calendar year 2024, making it the eighth-largest commercial vehicle maker in ...
Shares of Ashok Leyland Ltd rose 4% in intraday trade on Wednesday after a media report said that the Hinduja Group’s ...
Mahindra & Mahindra (M&M) is in talks to acquire Japan's Sumitomo Corp's entire stake in heavy vehicle-maker SML Isuzu, CNBC-Awaaz reported on March 24 citing sources. The deal is likely to help M&M ...
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