Market Performance
SML Isuzu share price witnessed a notable uptick in early trade on May 2, climbing by 1.61%. The stock quoted Rs 1,550, marking a rise of Rs 24.50 on the BSE.
- 52-week High: Rs 2,406.00 (May 23, 2024)
- 52-week Low: Rs 1,030.90 (Feb 28, 2025)
- Current Price vs High: 35.58% below
- Current Price vs Low: 50.35% above
- Market Capitalisation: Rs 2,243.11 crore
- 1-Year Performance: Down by over 31%
Main News
The rise in SML Isuzu's share price comes after the company posted robust sales figures for April 2025. The company's total sales stood at 1,512 units, registering a strong 43.2% growth compared to 1,056 units sold in April 2024.
Segment-wise Performance:
- Cargo Vehicles: 389 units sold (up 77.6% YoY)
- Passenger Vehicles: 1,123 units sold (up 34.2% YoY)
The impressive growth in cargo and passenger segments reflects a recovery in demand and operational strength for the commercial vehicle manufacturer.
Company Details
In a strategic move, Mahindra & Mahindra (M&M) recently announced its decision to acquire a 58.96% stake in SML Isuzu.
Key Acquisition Highlights:
- Stake Acquisition: 58.96%
- Price per Share: Rs 650
- Deal Value: Rs 555 crore
- Seller Entities:
- Sumitomo Corporation (43.96%)
- Isuzu Motors Ltd (15%)
M&M will also initiate a mandatory open offer for up to 26% additional stake from public shareholders, which aligns with SEBI's takeover norms.
This deal marks a significant consolidation in M&M's truck and bus business and positions SML Isuzu for an evolved strategic roadmap.
Summary
The SML Isuzu share price surged after the company reported a 43.2% increase in April 2025 sales. This development and M&M's acquisition announcement have created renewed investor interest. Although the stock remains over 35% below its 52-week high, the upside from its recent low highlights a recovery trend.
With sales momentum and strategic backing from M&M, SML Isuzu appears poised for further operational strength in the coming months.
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