SML Isuzu

JBM is mulling various options to acquire the shareholding, including cash as well as a share swap deal, the report added

SML Isuzu zoomed 30 per cent, while Atul Auto rallied 28 per cent in the last two days after the companies reported a sharp surge in total monthly sales for March

Chandigarh-based SML Isuzu also said its costs were rising due to fitting its buses with electronic stability control technology, which helps prevent losing control of a vehicle

The company's passenger vehicles sales more than doubled to 570 units in the month of December 2022, against 218 units sold in last year.

The company has decided to increase prices of its products (across all models - trucks & buses) by 3-4 per cent, effective from today i.e. April 4, 2022.

IT stocks are likely to be in focus ahead of the earnings season and likely benefit from the India-Australia trade deal.

SML Isuzu rallied 15 per cent to Rs 692 in the intra-day trade today and has surged 38 per cent in the past two trading days

Commercial vehicles maker SML Isuzu on Monday said it will temporarily suspend production at its manufacturing plant in Punjab till June 11 due to supply issues and lower demand

All that happened in the markets today

The company ruled out the possibility of entering the M&HCV space as it feels that it is already crowded

The commercial vehicles maker sold 977 units during this September as against 1,032 units in the same month last year

The stock moved higher by 7% to Rs 1,055 on the BSE.