SML Mahindra falls despite reporting 16% rise in commercial vehicles production in February

Mumbai, March 9 (Udaipur Kiran): SML Mahindra is currently trading at Rs. 3991.95, down by 210.10 points or 5.00% from its previous closing of Rs. 4202.05 on the BSE.

The scrip opened at Rs. 3991.95 and has touched a high and low of Rs. 3991.95 and Rs. 3991.95 respectively. So far 850 shares were traded on the counter.

The BSE group ‘B’ stock of face value Rs. 10 has touched a 52 week high of Rs. 5341.30 on 19-Feb-2026 and a 52 week low of Rs. 1089.50 on 13-Mar-2025.

Last one week high and low of the scrip stood at Rs. 4803.10 and Rs. 3991.95 respectively. The current market cap of the company is Rs. 5777.01 crore.

The promoters holding in the company stood at 58.97%, while Institutions and Non-Institutions held 1.25% and 39.78% respectively.

SML Mahindra’s commercial vehicles production has surged 16.44% to 1679 units in February 2026 as against 1442 units in February 2025. It has sold 1415 units of commercial vehicles in February 2026 as against 1229 units in February 2025. Further, commercial vehicles exports stood at 88 units in February 2026.

SML Mahindra (formerly SML ISUZU) manufactures a range of vehicles such as trucks, buses and ambulances. The company has launched products like 4WD, Samrat, Sartaj, Dual Cab, Supreme-8 tonner, Truck- Super 12, Super ALFD and many more.

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