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Mahindra & Mahindra Financial Services Ltd. ( ($IN:M&MFIN) ) has issued an announcement.
Mahindra & Mahindra Ltd. has entered into a joint venture with The Manufacturers Life Insurance Company (Manulife) to form a 50:50 life insurance company in India. This strategic move is expected to enhance Mahindra’s footprint in the insurance sector, allowing it to leverage Manulife’s expertise in life insurance, thereby potentially increasing its market share and offering new products to its customers.
More about Mahindra & Mahindra Financial Services Ltd.
Mahindra & Mahindra Financial Services Ltd. is a prominent player in the financial services industry, focusing on providing a range of financial products and services. The company is known for its involvement in various sectors including insurance, where it aims to expand its market presence.
Average Trading Volume: 138,717
Current Market Cap: 435.5B INR
For detailed information about M&MFIN stock, go to TipRanks’ Stock Analysis page.