SML ISUZU gains after good monthly sales

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Capital Market
Last Updated : Apr 01 2019 | 3:31 PM IST

SML ISUZU advanced 4.57% at Rs 865.95 at 15:11 IST on BSE after the company said its total sales rose 14.1% to 2,003 units in March 2019 over March 2018.

The announcement was made during market hours today, 1 April 2019.

Meanwhile, the S&P BSE Sensex was up 365.33 points, or 0.94% to 39,038.24

On the BSE, 16,000 shares were traded in the counter so far compared with average daily volumes of 12,000 shares in the past two weeks. The stock had hit a high of Rs 899.90 and a low of Rs 833.30 so far during the day. The stock hit a 52-week high of Rs 929 on 2 May 2018. The stock hit a 52-week low of Rs 520 on 19 February 2019.

SML ISUZU reported net loss of Rs 14.80 crore in Q3 December 2018 as against net loss of Rs 9.76 crore in Q3 December 2017. Net sales rose 4.57% to Rs 231.58 crore in Q3 December 2018 over Q3 December 2017.

SML ISUZU is a commercial vehicle manufacturer.

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First Published: Apr 01 2019 | 3:15 PM IST

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