Synopsis: Mahindra & Mahindra Ltd, a diversified Indian automobile giant, sold a 3.58% stake in CIE Automotive Spain via its subsidiary MOICML, earning around €119 million (~Rs. 1,250 crore), spotlighting its strategic investment moves.

This company is one of the most diversified automobile companies in India with presence across 2-wheelers, 3-wheelers, PVs, CVs, tractors & earthmovers is now in the spotlight after selling a stake of 3.58% in another automotive company.

With market capitalization of Rs. 4,55,934 cr, the shares of Mahindra & Mahindra Ltd are currently trading at Rs. 3,673 per share, making a high of Rs. 3,674.40 in today’ s market session, from its previous close of Rs. 3,650.15 per share.

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Mahindra & Mahindra Ltd has announced that its wholly owned subsidiary M

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