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An announcement from Mahindra & Mahindra Ltd. ( ($IN:M&M) ) is now available.
Mahindra & Mahindra Ltd. has announced a joint venture with The Manufacturers Life Insurance Company (Manulife) to establish a life insurance company in India. This strategic move, with both companies holding equal shares, aims to enhance Mahindra’s presence in the financial services sector and expand its market reach in the insurance industry, potentially benefiting stakeholders through diversified offerings and increased market competitiveness.
More about Mahindra & Mahindra Ltd.
Mahindra & Mahindra Ltd. is a major player in the automotive and farm equipment sectors, with a diversified presence in various industries including aerospace, agribusiness, and financial services. The company is known for its wide range of products and services, focusing on innovation and sustainability to cater to global markets.
Average Trading Volume: 125,950
Current Market Cap: 4555.4B INR
For detailed information about M&M stock, go to TipRanks’ Stock Analysis page.