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SML Isuzu surges despite reporting 10% drop in November sales

06 Dec 2013 Evaluate

SML Isuzu is currently trading at Rs 303.80, up by 25.15 points or 9.03% from its previous closing of Rs. 278.65 on the BSE.

The scrip opened at Rs 276.00 and has touched a high and low of Rs 318.00 and Rs 276.00 respectively. So far 27617 shares were traded on the counter.

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. 214.45 on 08-Aug-2013.

Last one week high and low of the scrip stood at Rs 292.00 and Rs 260.10 respectively. The current market cap of the company is Rs 439.65 crore.

The promoters holding in the company stood at 43.96% while Institutions and Non-Institutions held 21.16% and 34.88% respectively.

SML Isuzu has reported a drop of 9.51% in November 2013 sales, which stood at 666 vehicles against 736 vehicles sold in November, 2012. The company has reported a rise of 6.19% in October, 2013 sales which stood at 600 vehicles as against 565 vehicles sold in October, 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.

 

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