SML Isuzu Ltd.

NSE: SMLISUZU | BSE: 505192 | ISIN: INE294B01019 | Industry: Commercial Vehicles
| Mid-range Performer
1556.3000 6.20 (0.40%)
NSE May 05, 2025 12:38 PM
Volume: 17,904
 

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SML Isuzu Ltd.
20 Nov 2018
1556.30
0.40%
Religare
SML Isuzu (SML) reported weak set of numbers in Q2FY19, which were lower than our estimates. While net revenue grew by 30.1% YoY led by volume growth of 27.7% YoY, the loss widened on a YoY basis to Rs. 7.7 cr on account of weak operational performance and higher depreciation. The operating margins declined by 151bps YoY to 0.5% due to higher raw material cost and other expense. Despite headwinds in the near term, with depreciating currency and increased cost pressures.
SML Isuzu Ltd. is trading below its 30 day SMA of 1602.5
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