Ever since Mahindra &Mahindra has attempted to buy Ssangyong Motors, it has seen a decline in its value.

For the last five days, one of the leading makers of passenger and utility cars has witnessed a consistent and large fall in its share valuations for five trading sessions.

On Wednesday, August 11, the share went down by 4.3 per cent.

M&M has been named as the preferred bidder by Ssnagyong for its acquisition. The Korean automakers are under huge burden of debt and has got only 2 per cent market share of the whole Korean automotive sector.

The total worth of debt that it is facing is $634 million and is undergoing a court-led restructuring plan.

So, the decision of M&M has created disappointment amongst its investors. They are exiting from the stock in a show to show that they disapprove of the step taken.

The company, on the other hand, says that this step is going to help it in becoming a global player. The total bid is going to cost it $400 million.

Even analysts are of the view that the plan to acquire is negative for Mahindra.