Mumbai, December 1 (Udaipur Kiran) | Shares of SML Mahindra touched the upper circuit on the BSE after the company reported a sharp over two-fold rise in its November sales. The stock was locked at its upper limit of Rs. 3,198.20, up by 152.25 points or 5.00 per cent from its previous closing of Rs. 3,045.95.
The scrip opened at Rs. 3,185.95 and touched an intraday high of Rs. 3,198.20 and a low of Rs. 3,153.00. So far, 468 shares have been traded on the counter.
The BSE Group ‘B’ stock with a face value of Rs. 10 touched its 52-week high of Rs. 4,744.90 on August 25, 2025, and a 52-week low of Rs. 1,030.90 on February 28, 2025. The stock’s one-week high and low stand at Rs. 3,198.20 and Rs. 2,733.05, respectively. The company’s current market capitalisation is Rs. 4,628.32 crore.
Promoter holding in the company stands at 58.97 per cent, while institutional and non-institutional investors hold 2.43 per cent and 38.60 per cent, respectively.
SML Mahindra sold 1,087 vehicles in November 2025 as against 539 vehicles in November 2024, registering a year-on-year growth of 102 per cent. Segment-wise, passenger vehicle sales stood at 658 units in November 2025, up by 116 per cent year-on-year, while cargo vehicle sales were recorded at 429 units, showing a growth of 83 per cent.
SML Mahindra, formerly known as SML ISUZU, manufactures a range of vehicles including trucks, buses, and ambulances. The company has launched products such as 4WD, Samrat, Sartaj, Dual Cab, Supreme-8 Tonner, Truck Super 12, and Super ALFD.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.