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SML Isuzu gains despite reporting 10.53% fall in March 2013 sales

04 Apr 2013 Evaluate

SML Isuzu is currently trading at Rs. 311.90, up by 1.70 points or 0.55% from its previous closing of Rs. 310.20 on the BSE.

The scrip opened at Rs. 310.20 and has touched a high and low of Rs. 311.90 and Rs. 302.60 respectively.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 501.00 on 24-Dec-2012 and a 52 week low of Rs. 280.00 on 20-Mar-2013.

Last one week high and low of the scrip stood at Rs. 324.00 and Rs. 280.00 respectively. The current market cap of the company is Rs. 451.37 crore.

The promoters holding in the company stood at 43.96% while Institutions and Non-Institutions held 19.04% and 37.00% respectively.

SML Isuzu has reported 10.53% fall in March 2013 sales at 1571 vehicles as against 1756 vehicles sold in March, 2012. Earlier, the company reported 22.76% decline in sales for February 2013, at 940 vehicles from 1217 vehicles sold in the corresponding month of last year.

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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