India's SML Isuzu rises as Sept sales to dealers jump

SML Mahindra

01/10/2024 08:43

** Shares of SML Isuzu  SMLI.NS  rise 5.4% to 1,925 rupees
    ** Commercial vehicle maker's total sales to dealers jump
21% YoY in September
    ** SMLI set to snap six-session losing run
    ** Domestic total CV sales of rival Ashok Leyland  ASOK.NS 
drop 12%, while that of Eicher Motors  EICH.NS  rise 2%
    ** ASOK up 1.3%, EICH down 1.3%
    ** YTD, SMLI rises ~45%, EICH gains ~20% and ASOK adds ~31%

 (Reporting by Varun Vyas in Bengaluru)
 ((varunvyas.hebbalalu@thomsonreuters.com))