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SML Isuzu zooms on reporting 26.4% jump in March sales

03 Apr 2017 Evaluate

SML Isuzu is currently trading at Rs. 1341.50, up by 54.35 points or 4.22 % from its previous closing of Rs. 1287.15 on the BSE.

The scrip opened at Rs. 1316.00 and has touched a high and low of Rs. 1358.00 and Rs. 1316.00 respectively. So far 15058 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. 769.90 on 01-Apr-2016.

Last one week high and low of the scrip stood at Rs. 1,358.00 and Rs. 1,218.00 respectively. The current market cap of the company is Rs. 1934.14 crore.

The promoters holding in the company stood at 43.96%, while Institutions and Non-Institutions held 7.53% and 48.51% respectively.

SML Isuzu has reported 26.4% jump in March sales. The company has sold 2,094 vehicles during March 2017 against 1,656 vehicles sold in March 2016. The cumulative sales for April-March 2017 stood at 15,184 vehicles, a rise of 19.6% as compared to 12,700 vehicles sold in April-March2016.

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.

Peers
Company Name CMP
Tata Motors 415.30
Ashok Leyland 150.95
Force Motors 16800.00
Olectra Greentech 1097.25
SML Mahindra 6254.80
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