SML Isuzu trades higher on reporting 85% rise in July sales
SML Isuzu is currently trading at Rs. 737.70, up by 8.85 points or 1.21% from its previous closing of Rs. 728.85 on the BSE.
The scrip opened at Rs. 739.00 and has touched a high and low of Rs. 800.00 and Rs. 736.25 respectively. So far 1032 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 842.80 on 11-Nov-2021 and a 52 week low of Rs. 470.90 on 07-Mar-2022.
Last one week high and low of the scrip stood at Rs. 800.00 and Rs. 705.00 respectively. The current market cap of the company is Rs. 1071.99 crore.
The promoters holding in the company stood at 43.96%, while Institutions and Non-Institutions held 1.65% and 54.39% respectively.
SML Isuzu has sold 1020 vehicles in July 2022 against 551 vehicles in July 2021, showing a rise of 85 percent. Besides, the company has sold 4531 units in April to July 2022 as against 1363 units in April to March 2021, showing a rise of 232 percent.
On segment-wise, in July 2022, the company's passenger vehicles sales stood at 700 units, up 560% yoy. While cargo vehicles sales were at 320 units, falling by 28% yoy.
SML Isuzu manufactures a range of vehicles such as trucks, buses and ambulances. The company has launched products like 4WD, Samrat, Sartaj, Dual Cab, Supreme-8 tonner, Truck- Super 12, Super ALFD and many more.
