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.
Nifty to consolidate between 25,850–26,300 in coming weeks: Rajesh Bhosale
Indian markets opened muted, with Nifty hovering near 26,000 as momentum cooled post-record highs. Broader markets face strain, prompting caution. Analysts suggest Nifty will consolidate