SML Isuzu declined 2.83% to Rs 569.05 after the company said its total sales tumbled 37.9% to 515 units in October 2019 over 829 units in October 2018.
Sequentially, total sales fell 16.12% in October 2019 over 614 units in September 2018.
Shares of SML Isuzu rose 5.54% in the past four trading sessions to settle at Rs 585.65 yesterday, 31 October 2019, from its close of Rs 554.90 on 25 October 2019.
Meanwhile, the S&P BSE Sensex was up 50 points or 0.12% to 40,178.81.
On the BSE, 1,417 shares were traded in the counter so far compared with average daily volumes of 1,159 shares in the past two weeks. The stock hit an intraday high of Rs 596.70 and an intraday low of Rs 568.10 so far during the day.
The stock hit a 52-week high of Rs 899.90 on 1 April 2019. The stock hit a 52-week low of Rs 517.35 on 15 October 2019.
SML Isuzu's net profit fell 17.2% to Rs 16.66 crore on 4.2% rise in net sales to Rs 471.43 crore in Q2 September 2019 over Q2 September 2018.
SML Isuzu is engaged in the business of manufacture of commercial vehicles and spares. The firm produces light and medium commercial vehicles.
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