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 brand image in the segments in which it operates. This acquisition per se I would think is a positive development.
2 top stock recommendations from CA Rudramurthy
CA Rudramurthy BV advises buying on dips in Nifty until it stays above 25,000, with 25,200 as strong support. He suggests similar strategy for Bank