Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings.

SML Mahindra's board on Wednesday approved the acquisition of the Mahindra Truck and Bus Division from parent Mahindra & Mahindra.

SML Mahindra acquires Mahindra Truck and Bus Division for ₹525 crore, boosting shares by 20% and enhancing commercial vehicle ...

Mahindra is using the merged SML Mahindra entity and two new truck engines to break into heavier commercial vehicle segments ...

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 ...

Executed on a slump sale basis, the deal shifts assets, personnel, licenses, and liabilities to SML Mahindra, M&M said in an exchange filing ...

SML Mahindra has a strong heritage and pan-India presence in the trucks & buses segment. The company has a market capitalisation of more than ₹6,600 crore.