India's SML Isuzu drops after Oct sales decline

SML Mahindra

04/11/2024 06:22

** Shares of India's SML Isuzu  SMLI.NS  down 1.3% at 1784.5
rupees 
    ** Automaker sold a total of 801 vehicles in October, an
8.2% decrease y/y
    ** After release of monthly sales data, co logged 0.1% gains
in special one-hour Diwali trading session  
    ** Stock's drop on the day tracks broader weakness; Indian
benchmarks  .NSEI   .BSESN  decline 1.8% each  .BO 
    ** YTD SMLI had risen 35% 

 (Reporting by Hritam Mukherjee in Bengaluru)
 ((Hritam.Mukherjee@thomsonreuters.com;))