Block deal: Mahindra CIE Automotive shares hit new 52-week high as M&M sells entire 3.195% stake
Block deal: M&M confirmed selling entire stake in listed associate firm, Mahindra CIE Automotive through on exchanges. CIE's stock price rallied to touch new 1-year high, while M&M shares also picked up.
Block deal: Auto giant, Mahindra & Mahindra on Wednesday confirmed selling 3.195% stake in a listed associate company, Mahindra CIE Automotive. Despite the stake sale Mahindra CIE's stock price skyrocketed to hit a fresh 52-week high. M&M shares were up as well.
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