/ SML Isuzu: Sales Dip, Slips By 3% ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Thursday, 1 June 2017

SML Isuzu Limited sold around 1052 vehicles in the month of May 2017 against 1929 vehicles sold in May 2016, reflecting a decline of 45.5% on Y-o-Y basis. The company's sales witnessed a steep drop this year in comparison to previous year.

The company had sold around 768 vehicles in April 2017 as compared to 1404 vehicles sold in April 2016 reflecting a Y-o-Y decline of 45.3%.

It's first of June and the automobile companies have started reporting their monthly sales data. The auto stocks have been moving according to the sales data. After the release of sales data by SML Isuzu Limited, the stock tumbled to its intraday low of Rs 1226 per share down by 2.86% as of 1411 hours on Thursday.

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