SML Mahindra shares jump 5% after November auto sales double from last year

On August 2, Mahindra and Mahindra Ltd. acquired 58.96% controlling stake in SML Isuzu from Japan’s Sumitomo Corporation and Isuzu Motors for ₹555 crore.

On August 2, Mahindra and Mahindra Ltd. acquired 58.96% controlling stake in SML Isuzu from Japan’s Sumitomo Corporation and Isuzu Motors for ₹555 crore.

Shares of Bajaj Auto had also made a record high on September 27, 2024, the same day as the Nifty had made its previous top. The stock is down nearly 30% from those levels.

The Bengaluru-based firm’s IPO comprises a fresh equity issue of up to ₹377.1 crore and an offer for sale (OFS) of 4.67 crore shares by existing investors.

Hindustan Zinc is the only pure listed Silver play in the country as nearly 40% to 45% of its Earnings Before Interest and Tax (EBIT) comes from Silver.

Although the outcome disappointed the market in the near term, brokerage firm HSBC believes a smoother transition will support both volume and value growth.

As per the IQVIA MAT data, pegfilgrastim 6 mg / 0.6 mL injection for subcutaneous use in a single-dose prefilled syringe had estimated annual sales of $1,295 million in the US for the 12 months ending September 2025.

Godrej Properties had participated in an e-auction conducted by the Hyderabad Metropolitan Development Authority (HMDA) for the land parcel. HMDA will issue the allotment letters after following the due process.

With this latest win, Sterling and Wilson’s total order inflow for the fiscal has crossed ₹6,450 crore, and its pipeline remains strong.

Along with funding its people, the company intends to pump ₹1,390 crore into cloud capabilities via its subsidiary MTPL, and ₹1,020 crore into brand building and marketing.

Lenskart is now targeting over 450 net store additions in India in the entire fiscal compared to 282 in FY25. It added that its overall performance metrics through the end of November indicate a stronger growth trajectory across both revenue…