SML Isuzu Ltd (NSE: SMLISUZU): To put money into the stock market, you can purchase according to the recommendations from market professionals. A market expert has chosen a strong stock for purchase.
This stock can be included in the portfolio from short to long term. Retail investors can bet on this stock.
Let us tell you that the stock market was seen trading with mixed business throughout the week. But on the last two days of the week, the stock market has made record highs continuously.
If you want to buy from the market amid record highs, then you can take the advice of market experts. The market expert is bullish on this stock and has given a target price for buying.
Market Expert’s Favorite Stock
The market expert has chosen SML Isuzu Ltd for purchase. The expert said that this company has focused on making ambulances and buses since Corona.
The expert said that this company has been performing well for the last 4-5 quarters. The expert said that the auto ancillary sector is very bullish and this stock can be bought.
SML Isuzu – Buy
CMP – 2003
Target Price – 2250/2290
What Are The Fundamentals Of The Company?
This company has been operating since 1983. The market growth of the company is good.
The company has gained good market share in different sectors including cargo bus. The company is constantly launching new products. The company has around 250 distributors.
Talking about fundamentals, this stock trades at a PE multiple of 23. The company’s return on equity is 20 percent.
This stock has fallen from the level of 2500 and is now trading at this level. In June 2023, the company presented a profit of Rs 32 crore, while in June 2024 the company presented a profit of Rs 46 crore.
Quick Fact
| Company name | SML Isuzu |
|---|---|
| Established | 1983 |
| Sector | Auto ancillary |
| Main Products | Ambulances, Buses, Cargo bus |
| Distributors | Around 250 |
| PE Multiple | 23 |
| Return on Equity | 20% |
| Recent Profits (June 2023) | ₹32 crore |
| Recent Profits (June 2024) | ₹46 crore |
| Recent Price | ₹2070 |
| Possible Target Price | ₹2250 – ₹2290 |
| Market Sentiment | Bullish |
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