Board of SML ISUZU approves change in directorate

SML ISUZU standalone net profit rises 45.93% in the June 2024 quarter

SML Isuzu rallied 4.58% to Rs 2,208.85 after the vehicle manufacturer said that it has sold 1,764 units in June 2024, registering a jump of 37.9% from 1,279 units sold in the same period last year.

SML Isuzu jumps as June sales surges 38% YoY

SML Isuzu: Japanese firm, whose stake is valued at Rs 734 cr, is talking to several potential investors including JBM Auto, a media report said on Friday

Isuzu may sell 44% stake in India unit as it exits low-profit businesses

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

JBM Auto top contender for controlling stake in SML Isuzu: Report

Sources tell CNBC-TV18 that a likely M&A is around the corner between JBM Auto & SML Isuzu. Vivek Iyer has more details.

#jbmauto #smlisuzu #comercialvehicles #merger #acquisition #mergersandacquisitions #stockmarket #stockmarketupdates #cnbctv18 #businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday   

Read More : http://www.cnbctv18.com/auto/jbm-auto-sml-isuzu-controlling-stake-due-diligence-price-options-16952231.htm

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M&A Between JBM Auto & SML Isuzu Is Around The Corner: Sources | CNBC TV18

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

Two auto stocks touch 52-week highs; have zoomed up to 30% in two days

SML Isuzu reported a 296 per cent rise in the sale of passenger vehicles at 8,284 units in the entire 2022-23 year.

SML Isuzu shares jump 18% after reporting strong sales

BSE’s Sensex added about 115 points, or 0.19 per cent, to settle at 59,106.44, while the Nifty50 advanced 38.30 points, or 0.22 per cent, to 17,398.05 for the day.

Sensex tops 59k, Nifty settles near 17,400; SML Isuzu & TTK Health soar 20%; KPIT Tech tanks 12%

The company is set to raise the price of trucks by 4 per cent and that of its buses by 6 per cent from April 1.

SML Isuzu shares zoom 2% on move to hike prices of trucks and buses

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

Automaker SML Isuzu to raise prices to offset higher input costs

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

SML Isuzu Limited is engaged in the business of manufacture of commercial vehicles and spares. The Company produces light and medium commercial vehicles.

SML Isuzu Ltd