3728.6000 -7.90 (-0.21%)
NSE Sep 15, 2025 15:31 PM
Volume: 53,284
 

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SML Isuzu Ltd.
22 Feb 2018
3728.60
-0.21%
Religare
SML Isuzu reported dismal Q3FY18 result, as Net revenue declined 2.3% yoy led by degrowth in sales volume. It reported Net Loss for the quarter due to weak operational efficiency and rising material cost. However, it is planning to launch three new models in the Cargo segment over the next 1-2 quarters, which would help it to achieve volume growth going forward. We believe that the worst could be over for the company and thus remain positive on the business.
SML Isuzu Ltd. is trading below its 30 day SMA of 3950.8
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