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Mahindra & Mahindra Ltd. ( ($IN:M&M) ) has shared an announcement.
Mahindra & Mahindra Ltd. announced that its wholly owned subsidiary, Mahindra Overseas Investment Company (Mauritius) Limited, has sold 3.58% of its stake in CIE Automotive S.A for approximately 119 million Euros. This move is part of Mahindra’s strategic financial decisions, potentially impacting its investment portfolio and financial positioning.
More about Mahindra & Mahindra Ltd.
Mahindra & Mahindra Ltd. is a major player in the automotive industry, known for manufacturing a wide range of vehicles including SUVs, commercial vehicles, and tractors. The company has a significant presence in the Indian market and is expanding its footprint globally.
Average Trading Volume: 122,593
Current Market Cap: 4621.6B INR
For detailed information about M&M stock, go to TipRanks’ Stock Analysis page.