SML Isuzu rises on plan to hike prices of its products by 2 to 5%

31 Dec 2013

SML Isuzu is currently trading at Rs. 293.50, up by 4.70 points or 1.63% from its previous closing of Rs. 288.80 on the BSE.

The scrip opened at Rs. 290.00 and has touched a high and low of Rs. 293.50 and Rs. 288.05 respectively. So far 179 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 495.00 on 07-Jan-2013 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. 303.50 and Rs. 286.00 respectively. The current market cap of the company is Rs. 424.74 crore.

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

Commercial vehicle maker SML Isuzu is planning to hike prices of its products including trucks and buses by 2 to 5% from next month due to rising input cost. Further, the company is planning to foray into higher capacity truck segment category by rolling out 13 tonne capacity vehicle. The company is planning to launch more trucks with bigger capacities in future to mark its presence.

Recently, the company, which is in light and medium commercial vehicle segment, launched ‘Super 12.9 XM’ truck with payload of 8,500 kgs having a price range of Rs 13 lakh. Prior to the launch, the company was present in 5 to 10 tonne capacity of trucks with 16% overall market share.

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.

Related SML Isuzu Ltd. Links:

SML Isuzu Share Price

479.70 2.75 (0.58%) Feb 24, 18:55
1 Year Price Chart
Peers
Company Name CMP
Tata Motors 322.25
Ashok Leyland 127.05
Force Motors 1327.65
Tata Motors - DVR 125.05
SML Isuzu 479.70
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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