The stock, with a market capitalisation of more than Rs 25,000 crore, hit a 52-week high of Rs 2,261 on 16 November 2021 and since then the stock went sideways. It hit a low of Rs 1,655 in March 2022, and Rs 1,608 in June 2022.
Sandip Sabharwal optimistic on auto stocks despite challenges in two-wheeler demand
The acquisition also seems to be reasonably priced. So, it will only add value to the company because the acquiree SML ISUZU has a good