SML Isuzu rides high on reporting 21% rise in September sales
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SML Isuzu is currently trading at Rs. 1939.95, up by 111.55 points or 6.10% from its previous closing of Rs. 1828.40 on the BSE.
The scrip opened at Rs. 1826.00 and has touched a high and low of Rs. 1958.75 and Rs. 1826.00 respectively. So far 4169 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 2470.05 on 26-Feb-2024 and a 52 week low of Rs. 1197.30 on 26-Oct-2023.
Last one week high and low of the scrip stood at Rs. 1958.75 and Rs. 1811.15 respectively. The current market cap of the company is Rs. 2796.72 crore.
The promoters holding in the company stood at 43.96%, while Institutions and Non-Institutions held 15.39% and 40.65% respectively.
SML Isuzu has sold 1055 vehicles in September 2024 as against 872 vehicles in September 2023, showing growth of 21% year-on-year (Y-o-Y). Segment-wise, the company's passenger vehicles sales stood at 648 units in September 2024, up 22% Y-o-Y. Cargo vehicles sales were at 407 units, up 19.4% Y-o-Y.
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.
