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SML Isuzu shines on plan of launching 2 new Vehicles under the Passenger category

10 Nov 2016 Evaluate

SML Isuzu is currently trading at Rs. 1295.50, up by 38.90 points or 3.10% from its previous closing of Rs. 1256.60 on the BSE.

The scrip opened at Rs. 1278.50 and has touched a high and low of Rs. 1310.00 and Rs. 1266.00 respectively. So far 6225 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1433.85 on 31-Aug-2016 and a 52 week low of Rs. 645.50 on 29-Feb-2016.

Last one week high and low of the scrip stood at Rs. 1320.60 and Rs. 1080.00 respectively. The current market cap of the company is Rs. 1855.27 crore.

The promoters holding in the company stood at 43.96%, while institutions and non-institutions held 7.40% and 48.64% respectively.

SML Isuzu is all set to launch two new Vehicles under the Passenger category -- Executive Lx Coach and Ecomax Bus -- on November 10, 2016.

Executive Lx Coach is one of its kind, fully-built and feature-packed bus with 4240 mm wheel base & 1g + 1 + 1 Pushback Reclining seats, redefines com{ort and luxury & is ideal for the tours & travel operators and Staff shuttle operations, while Ecomax Bus is designed to maximize the earnings with optimum operational economy. The bus is built on a small wheelbase of 281,5 mm has 12 + 1/13+1 push back reclining seats and comes with numerous features like wide comfortable seats, spacious interiors, effective air conditioning, individual mobile charging points, cup holder and magazine pouch to name a few, adding to the delight of commuters.

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.

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