India's SML Isuzu hits record high, up nearly three-fold since Mahindra deal

SML Mahindra

25/08/2025 07:40

** Shares of SML Isuzu Ltd SMLI.NS rise as much as 4.5% to record 4,743 rupees

** Automaker up for fourth consecutive session, during which it has gained ~18%

** SMLI's FY26 sales volume up to July, up ~14%

** Truck and bus maker has risen ~2.7x since late April, when Mahindra & Mahindra MAHM.NS announced it would buy majority stake in co

** So far this year, SMLI has surged 3.4x; shares set for fourth consecutive month of gains

 (Reporting by Nandan Mandayam in Bengaluru)

 ((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))