India's SML Isuzu up on June total sales climb

SML Mahindra

01/07/2024 09:26

** Shares of automaker SML Isuzu  SMLI.NS  up 6.6% to
2,236.85 rupees
    ** Co's June total sales climbed 37.9% YoY
    ** Stock set for fifth-largest climb so far in 2024 and
largest climb since May 21
    ** Rival Mahindra & Mahindra  MAHM.NS  posted a 1.7% decline
in June commercial vehicle sales
    ** SMLI stock up ~69% YTD, MAHM up ~67%

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