M&M, India’s biggest manufacturer of utility vehicles, will sign agreement on their proposed buyout of troubled SsangYong Motor Company of South Korea next week. M&M is likely to announce the deal on November 23. Market leader in the domestic sports utility vehicle segment has been in dialogue with the SsangYong management since August, after the Korean company declared M&M the preferred bidder from the original list of seven.
M&M had entered into a memorandum of understanding with SsangYong, followed by a confirmatory due diligence process. Meanwhile, the company also said that it plans to enter the US market with its electric vehicles from group firm REVA's portfolio within next five years.crackcrack
| Company Name | CMP |
|---|---|
| Tata MotorsPassenger | 361.20 |
| Maruti Suzuki | 13362.45 |
| Mahindra & Mahindra | 3212.20 |
| Hyundai Motor India | 1871.30 |
| Mercury Metals | 35.29 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: