Latest news with #SMLIsuzu
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Business Standard
17 hours ago
- Automotive
- Business Standard
These 2 smallcap auto stocks zoom up to 215% from calendar year 2025 lows
SML Isuzu, Force Motors share price Shares of SML Isuzu (up 14 per cent at ₹3,250) and Force Motors (up 11 per cent at ₹16,976.30) hit their respective new highs, as they rallied sharply on the BSE in Wednesday's intra-day trade. In comparison, the BSE Sensex was trading flat at 83,711 at 01:15 PM. The stock price of these smallcap automobile companies have zoomed by up 215 per cent from their respective lows touched in calendar year 2025. Share price of SML Isuzu has surged 215 per cent from a low of ₹1,030.90 on February 28, 2025. The stock price of Force Motors has soared 177 per cent from ₹6,128.25 on January 28, 2025. What's driving SML Isuzu, Force Motors stocks? SML Isuzu on Tuesday informed BSE that the meeting of the board of directors of the company is scheduled on July 22, 2025, to consider and approve unaudited financial results of the company for the first quarter ended on June 30, 2025 (Q1FY26). For Q1FY26, SML Isuzu reported a 12.5 per cent year-on-year (YoY) jump in total vehicle sales of 4,926 units compared to 4,379 units in the corresponding period last year. Cargo vehicle sales during this three-month period surged 46.3 per cent YoY to 1,282 units from 876 units, while passenger vehicle sales grew 4.0 per cent to 3,644 units from 3,503 units. Meanwhile, Mahindra & Mahindra (M&M) on April 26, 2025, said it entered into an agreement to acquire 58.96 per cent stake in SML Isuzu at ₹650 per share, which is an outlay of ₹555 crore. In addition, M&M made an open offer for acquisition of up to 26 per cent stake from eligible public shareholders of SML Isuzu in accordance with the SEBI Takeover Regulations. The open offer was opened on June 19, 2025 and closed on July 2, 2025. M&M said the acquisition will enable the company to strengthen its presence in the trucks and buses segment by unlocking operational synergies, enhancing product development capabilities, and expanding market reach. It supports the company's long-term growth vision in the commercial vehicle industry. Meanwhile, Force Motors on March 27 said it has to deliver 2,978 Force Gurkha light vehicles (GS 4X4 800 kg Soft Top) to the Indian Defence Forces. These vehicles are tailored to meet the diverse operational requirements of both the Indian Army and the Indian Air Force, showcasing Force Motors' capability to deliver mission-ready vehicles designed to perform in demanding defence environments, Force Motors said. Force Motors has been catering to the defence sector for many years through its Gurkha LSV (Light Strike Vehicle) , a vehicle renowned for its durability, off-road prowess, and adaptability. Force Motors focuses on the niche passenger segment of light commercial vehicles (LCV). In the LCV school bus and ambulance segment, the company has a market share of 70-75 per cent. The company will continue to benefit from its niche positioning in the automotive original equipment manufacturer (OEM) market, supported by the steady launch of new products and variants and rise in demand in the LCV segment. Force Motors brands include 'Traveller' in the passenger vehicle (PV), school bus, ambulance and delivery van segments; 'Trax' in the UV, ambulance and delivery van segments; and 'Gurkha' and 'Citiline' in the UV segment. Force Motors' formidable product range spans light commercial vehicles and multi-utility vehicles, and its export presence extends to the Middle East and Gulf region, Asia, Latin America, and Africa. Mercedes-Benz and BMW assigned Force Motors the responsibility of producing and testing engines for all cars and SUVs manufactured in India. Every Mercedes-Benz vehicle made in India is powered by an engine produced at Force Motors in Chakan Pune.
Business Upturn
a day ago
- Automotive
- Business Upturn
SML Isuzu to announce Q1 FY26 results on July 22
By Aditya Bhagchandani Published on July 8, 2025, 20:13 IST SML Isuzu Limited has announced that its Board of Directors will meet on July 22, 2025 (Tuesday) to consider and approve the unaudited financial results for the first quarter of the financial year 2025–26, ended on June 30, 2025. The company informed stock exchanges on July 8, 2025, through an intimation under Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Trading window closure SML Isuzu also noted that in line with its Code of Conduct to regulate, monitor and report trading by designated persons, the trading window for dealing in its equity shares remains closed from July 1, 2025 and will continue to remain closed until July 25, 2025 (Friday) — i.e., 48 hours after the declaration of results. The intimation was signed by Parvesh Madan, Company Secretary & Compliance Officer. For further details, stakeholders can refer to the company's filings on BSE or NSE websites. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
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Business Standard
6 days ago
- Automotive
- Business Standard
SML Isuzu zooms 44% in 6 days; what's fuelling the automobile stock?
SML Isuzu share price Shares of SML Isuzu hit a new high at ₹2,690, surging 9 per cent on the BSE in Friday's intra-day trade in an otherwise weak market. In comparison, the BSE Sensex was down 0.2 per cent at 83,061 at 12:16 PM. Thus far in the month of July, the stock price of the commercial vehicle company has soared 28 per cent after the company reported strong sales numbers for the month of June 2025. Meanwhile, in the past six trading days, SML Isuzu's market price has appreciated by 45 per cent. It has more-than-doubled or zoomed 163 per cent from its 52-week low of ₹1,030.90 touched on February 28, 2025. SML Isuzu - June month sales numbers SML Isuzu reported a 6.3 per cent year-on-year (YoY) growth in total vehicle sales at 1,871 units in June 2025, driven by cargo vehicle sales. The company had sold 1,760 units in June 2024, according to an exchange filing. The company's cargo vehicle sales grew 41.6 per cent YoY to 480 units in June 2025 from 339 units in the same month last year. However, passenger vehicle sales declined 2.1 per cent to 1,391 units from 1,421 units in June 2024. For the first quarter of fiscal year 2025-26 (April to June), SML Isuzu reported a 12.5 per cent YoY jump in total vehicle sales of 4,926 units compared to 4,379 units in the corresponding period last year. Cargo vehicle sales during this three-month period surged 46.3 per cent to 1,282 units from 876 units, while passenger vehicle sales grew 4.0 per cent to 3,644 units from 3,503 units. Mahindra & Mahindra (M&M) to acquire majority stake in SML Isuzu Mahindra & Mahindra (M&M) on April 26, 2025, announced that it has entered into an agreement to acquire 58.96 per cent stake in SML Isuzu at ₹650 per share, which is an outlay of ₹555 crore. As part of the transaction, M&M would acquire the entire stake of 43.96 per cent held by Sumitomo Corporation, promoter of SML Isuzu, and separately also acquire 15 per cent stake held by Isuzu Motors Ltd, public shareholder of SML Isuzu, for an aggregate consideration of ₹555 crore. In addition, M&M has made an open offer for acquisition of up to 26 per cent stake from eligible public shareholders of SML Isuzu in accordance with the SEBI Takeover Regulations. The open offer opened on June 19, 2025 and closed on July 2, 2025. M&M said the acquisition will enable the company to strengthen its presence in the trucks and buses segment by unlocking operational synergies, enhancing product development capabilities, and expanding market reach. It supports the company's long-term growth vision in the commercial vehicle industry. BNP Paribas, ICRA view on M&M deal M&M already has a strong presence in the small commercial vehicle (SCV) goods-carrier segment. The company can use SML Isuzu's Intermediate Light Commercial Vehicle (ILCV) passenger-carrier platform to expand into the ILCV goods segment as well. Also, Mahindra's vast network could help further ramp-up volumes of SML Isuzu's product. With growing competition from Ashok Leyland and Tata Motors in the LCV segment, this appears to be Mahindra's response. Buses have been a fast growing segment in recent years and through SML Isuzu, Mahindra will get access to this market. However, the brokerage firm thinks M&M will have to invest in the SML Isuzu's products as they seem to have been underinvested in the recent years. The change in ownership of the entity to M&M, when it materialises, is likely to aid SML's product development/ network expansion plans over the medium term, aided by M&M's well-established position in the automotive sector. Accordingly, the developments are expected to be credit positive in ICRA's view.
News18
02-07-2025
- Automotive
- News18
Dividend Stock: SmallCap Automaker Fixes Record Date For 180% Final Dividend
Last Updated: SML Isuzu Final Dividend 2025: SML Isuzu Ltd is a small cap stock with a market cap of Rs 3,243.39 crore. SML Isuzu Final Dividend Record Date 2025: SML Isuzu Ltd board has fixed July 09, 2025 as the record date for the final dividend of Rs 18 per share (180 per cent) for the financial year 2024-25. The record date aims at determining the eligibility of the shareholders of the company to receive the final dividend for the financial year 2024-25. It is subject to the approval of the shareholders of the company at the ensuing AGM of the company. The board of directors had announced the final dividend of 180 per cent at its meeting held on May 30, 2025. '…it is hereby informed that the Board of Directors has fixed 9th July, 2025 (Wednesday) as the record date for determining the entitlement of the shareholders of the Company to receive the final dividend for financial year 2024-25, subject to the approval of final dividend by the shareholders of the Company at the ensuing AGM of the Company," the company said in the filing. Post the fixation of the record date, shares of SML Isuzu rallied 6 per cent on Tuesday to settle at Rs 2241.20 apiece. The stock's 52-week high and low remain at Rs 2,300 and Rs 1,030, respectively. SML Isuzu Ltd is a small cap stock with a market cap of Rs 3,243.39 crore. Incorporated in 1983, SML Isuzu Ltd manufactures light and medium commercial vehicles, including trucks and buses. The company is a joint venture between Sumitomo Corporation and Isuzu Motors. First Published:
Business Standard
01-07-2025
- Automotive
- Business Standard
SML Isuzu gains as June sales climbs 6% YoY
SML Isuzu jumped 5.75% to Rs 2,235.35 after the company said that it has sold 1,871 units in June 2025, registering a growth of 6.3% from 1,760 units sold in the same period last year. Cargo vehicle sales surged 41.6% to 480 units in June 2025 as against 339 units sold in June 2024. The company has sold 1,391 units of passenger vehicles in June 2025, down 2.1% YoY. SML Isuzu is primarily engaged in the business of the manufacture and sale of commercial vehicles and their parts. The company's consolidated net profit advanced 1.2% to Rs 52.95 crore, while revenue from operations rose 13.51% to Rs 771.38 crore in Q4 March 2025 over Q4 March 2024.
