Vehicle Sales Rise in January Brings Gain for SML Isuzu
Published On Feb 03, 2016
At 11:06 IST, the share price of SML Isuzu observed a rise of 2.11 percent to 977 INR. The total sales of the company in January 2016 rose to 8.69 percent (838 units) as compared to January 2015. In the meantime, the BSE stock marked recorded a decline by 0.08 percent or 18.72 points at 24,806.11.
BSE traded with a total of 12,256 shares so far, compared to 17,707 average daily volume shares traded in the last quarter. In the course of the day, the stock prices recorded a high of 994 INR and a low counting around 970 INR. On April 8, 2015, the stock price recorded a high of 1670 INR and February 10, 2015 noted a 52 week low of 872 INR.
Since the past one month the stock has been performing low till February 1, 2016, witnessing a decline of 22.38 percent in comparison with a fall of 5.11 percent in the Sensex. The past quarter of the market too observed a down trade of the scrip, recording a fall of around 28.18 percent.
Holding an equity capital of 14.47 crore INR the low capital commercial vehicle manufacturer holds a share valued at INR 10. The net profit of SML Isuzu increased to INR 6.36 crore to 81.2 percent and recording a growth in net sales of 15.3 percent to INR 267.06 crore in second quarter of September 2015 as against September 2014.