India's SML Mahindra surges after robust December sales

SML Mahindra

01/01/2026 04:15

** Shares of SML Mahindra SMLM.NS rise 4.2% to 4,144 rupees, highest in nearly three months

** Commercial vehicle maker's December sales surge 67% y/y

** Cargo vehicles sales jump 76% y/y, while passenger vehicles sales surge 60%

** Stock rose more than two-fold in value last year

 (Reporting by Aleef Jahan in Bengaluru)

 ((aleefjahan.cs@thomsonreuters.com))