India's SML Isuzu rises on jump in March vehicle sales

SML Mahindra

03/04/2023 05:54

** Shares of SML Isuzu Ltd  SMLI.NS  up as much as 17.9% to 875 rupees,
touching their highest level since Oct. 7, 2022
    ** Stock on track to gain for a fifth consecutive session, if gains hold
    ** Co on Saturday said its total vehicle sales for March rose 59% YoY to
2169 units
    ** Stock trading above its 50-, 100-, and 200-day simple moving avg
    ** More than 290,000 shares change hands by 10:19 a.m. IST, 31x its 30-day
avg
    ** Stock up 9.7% YTD as of last close

 (Reporting by Yagnoseni Das in Bengaluru)
 ((Yagnoseni.Das@thomsonreuters.com; +91 6001289066;))