India's SML Isuzu slides on fall in Nov sales data

SML Mahindra

01/12/2023 07:28

** Shares of Indian automaker SML Isuzu  SMLI.NS  fall as
much as 5.7% to lowest in nearly two weeks at 1445.5 rupees
    ** Stock posts its sharpest intraday pct loss since Nov 3
    ** Co says its total vehicle sales for November was at 647
unit, down 11% Y/Y
    ** SMLI's Nov passenger vehicles and cargo vehicles sales
was down 13% and 9%, respectively 
    ** More than 64,000 shares change hands by 12:51 p.m. IST,
while 30-day avg of 82,125 shares
    ** Stock down 5.2% as of 12:51 p.m. IST, trimming YTD gains
to ~113%

 (Reporting by Anuran Sadhu in Bengaluru)
 ((Anuran.Sadhu@thomsonreuters.com ;))