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SML Isuzu rallies over 10% on strong February sales

The stock rallied 12% to Rs 1,121 after the company said has sold 981 vehicles in Feb, 2015 against 447 vehicles sold in Feb, 2014.

SI Reporter  |  Mumbai 

Shares of commercial vehicles maker SML Isuzu has rallied 12% to Rs 1,121 on NSE after reporting a more than 100% year on year growth in vehicles sales for the month of February 2015.

The company has sold 981 vehicles during February, 2015 against 447 vehicles sold in February, 2014, SML Isuzu said in a statement.

The stock opened at Rs 1,050 and touched a high of Rs 1,138 on NSE. A combined 129,122 shares changed hands on the counter till 1031 hours on NSE and BSE.

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First Published: Thu, March 05 2015. 10:40 IST