SML Mahindra soared 8.99% to Rs 4,318.70 after the company's commercial vehicles (CV) sales jumped 12.4% to 2,393 units in March 2026 compared with 2,129 units sold in March 2025.

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Mahindra & Mahindra is in discussions to acquire Sumitomo Corp's 44% stake in SML Isuzu, with the offer expected to value the company at $236 million.