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SML Isuzu moves up on reporting 6.6% rise in November sales

01 Dec 2017 Evaluate

SML Isuzu is currently trading at Rs. 920.65, up by 3.30 points or 0.36% from its previous closing of Rs. 917.35 on the BSE.

The scrip opened at Rs. 923.95 and has touched a high and low of Rs. 936.00 and Rs. 917.00 respectively. So far 6236 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1385.00 on 24-Apr-2017 and a 52 week low of Rs. 881.00 on 27-Sep-2017.

Last one week high and low of the scrip stood at Rs. 936.00 and Rs. 905.20 respectively. The current market cap of the company is Rs. 1329.94 crore.

The promoters holding in the company stood at 43.96%, while Institutions and Non-Institutions held 8.70% and 47.33% respectively.

SML Isuzu has reported 6.6% rise in November sales. The company has sold 681 vehicles during November 2017 against 639 vehicles sold in November 2016. The cumulative sales for April- November 2017 stood at 6,722 vehicles, a drop of 32.3%, as compared to 9,922 vehicles sold in April- November 2016.

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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