SML Mahindra reported a 40% year-on-year rise in August 2026 auto sales to 1,175 units, driven by a 53% increase in cargo ...
Vinod Sahay, Chairman of SML Mahindra said the company plans to retain both Mahindra and SML brands while using shared product development and scale to reduce costs and expand its portfolio.
SML Mahindra rallied 3.30% to Rs 5,266.40 after the company announced that it sold 1,175 units in August 2026, registering a 40% growth from 842 units sold in the same period last year.
SML Mahindra share price hit a new high, soaring 17 per cent to ₹5,348 on the BSE in Thursday’s intra-day deals. In the process, the stock extended its Wednesday’s up move after the company’s board ...
Leading private equity firms FountainVest and CPE join as investors, reflecting strong confidence in SML's strategic direction and future growth SML continues to advance its core capabilities for ...
A niche CV maker is doubling down on scale, targeting 10-12% market share by FY31 and 20% by FY36. Can its bet on trucks help ...
Mahindra & Mahindra (M&M) on Wednesday said the board of SML Mahindra has approved the acquisition of its Mahindra Truck and Bus Division (MTBD) for ₹525 crore through a slump sale, ...
Mahindra aims to boost its commercial vehicle market share to 10-12% by FY31 through the SML acquisition and new product launches.
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