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SML Isuzu trades in fine fettle on BSE

03 May 2017 Evaluate

SML Isuzu is currently trading at Rs. 1321.45, up by 14.75 points or 1.13% from its previous closing of Rs. 1306.70 on the BSE.

The scrip opened at Rs. 1319.00 and has touched a high and low of Rs. 1321.45 and Rs. 1299.85 respectively. So far 4896 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. 891.45 on 24-May-2016.

Last one week high and low of the scrip stood at Rs. 1,348.50 and Rs. 1,271.00 respectively. The current market cap of the company is Rs. 1912.36 crore.

The promoters holding in the company stood at 43.96% while Institutions and Non-Institutions held 7.42% and 48.61% respectively.

SML Isuzu has reported 45.3% fall in April sales. The company has sold 768 vehicles during April 2017 against 1,404 vehicles sold in April 2016.  275 BSIII vehicles have been returned by customers/dealers during April 2017 (not adjusted in above) pursuant to Supreme Court judgment pronounced on March 29, 2017, banning sale of BSIII vehicles post April 01, 2017. As the sales return is out of vehicles sold before March 31, 2017, appropriate adjustment is carried out in the books of accounts for FY 2016-17.

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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