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SML Isuzu plunges on reporting 12% drop in June sales

03 Jul 2013 Evaluate

SML Isuzu is currently trading at Rs. 285.95, down by 6.30 points or 2.16% from its previous closing of Rs. 292.25 on the BSE.

The scrip opened at Rs. 290.00 and has touched a high and low of Rs. 290.00 and Rs. 280.20 respectively. So far 365 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 501.00 on 24-Dec-2012 and a 52 week low of Rs. 267.40 on 13-Jun-2013.

The promoters holding in the company stood at 43.96% while Institutions and Non-Institutions held 20.14% and 35.90% respectively.

SML Isuzu has reported a drop of 11.83% in June 2013 sales, which stood at 1,341 vehicles as against 1,521 vehicles sold in June, 2012. The company had posted a rise of 2.30% in May 2013 sales, which stood at 1,153 vehicles as against 1,127 vehicles sold in May, 2012.

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 434.35
Ashok Leyland 163.95
Force Motors 17705.00
Olectra Greentech 1210.30
SML Mahindra 6591.10
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