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Auto stock jumps after securing order to supply 114 units of troops carrier vehicle from Indian Air Force

Auto stock received a ₹24.71 crore order to supply 114 BS VI troop carriers to the Indian Air Force, strengthening its presence in defense vehicle manufacturing and national security.
Auto stock won a ₹24.71 crore order for 114 BS VI troop carriers, strengthening defense.
Auto stock won a ₹24.71 crore order for 114 BS VI troop carriers, strengthening defense.

Introduction:

Auto stock has secured a ₹24.71 crore order from the Department of Military Affairs to supply 114 BS VI, 4-Wheel Drive Troop Carriers to the Indian Air Force. This contract reinforces its role in defense vehicle manufacturing, supporting national security and operational efficiency.

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Share Price movement of SML ISUZU:

On March 12, 2025, SML Isuzu Ltd opened at ₹1,137.10, reaching a high of ₹1,154.70, up 2.00% from its previous close of ₹1,131.95, with a low of ₹1,120.00. The stock is currently trading at ₹1,131.35, with a market cap of ₹1,637.25 crore.

SML ISUZU secured new order:

SML Isuzu Limited has secured an order from the Department of Military Affairs under the Ministry of Defence for supplying 114 BS VI, 4-Wheel Drive Troop Carriers with 20 seats to the Indian Air Force. The contract, valued at ₹24.71 crore, follows a standard GEM tender process.  

The awarded contract is entirely domestic, with deliveries scheduled between March 11, 2025, and July 9, 2025. The agreement adheres to business-prudent norms, with no adverse terms or conditions, ensuring seamless execution of the order as per the outlined requirements.  

There is no promoter or related party involvement in this contract, maintaining transparency. This order strengthens SML Isuzu’s foothold in the defense sector, reinforcing its capabilities in manufacturing specialized vehicles for military applications while supporting national defense requirements.

Also Read: Food delivery stock to watch after it partners with Sulabh International for 100% EV delivery fleet by 2030

Ace investor holding of SML ISUZU:

Sachin Bansal (Partner of Navodaya Enterprises)  

Sachin Bansal holds a 9.18% stake in SML Isuzu Ltd., with 13,29,000 shares valued at ₹150.6 crore. His investment highlights confidence in the company’s growth potential within the commercial vehicle sector. His consistent holding suggests a long-term strategic position in the stock.  

Sachin Bansal (Partner of SPV Enterprises)  

Sachin Bansal, through SPV Enterprises, owns a 6.43% stake in SML Isuzu Ltd., holding 9,31,000 shares worth ₹105.5 crore. This investment underlines his strong interest in the auto sector, with a slight increase of 0.03% from the previous quarter, indicating continued confidence in the stock.

Stock performance of SML ISUZU for Period of 1 week, 6 months and 1 year:

Over the past week, SML Isuzu’s stock declined by 4.94%, reflecting short-term volatility. Over six months, the stock dropped 43.0%, indicating sustained downward pressure. The one-year performance shows a 40.9% decline, highlighting ongoing challenges despite efforts to strengthen its position in the automotive sector.

Also Read: PSU stock in focus after Govt plans to sell 2-3% stake in the company

Shareholding pattern of SML ISUZU:

All values in %Dec 2024Sept 2024Jun 2024
Promoters43.9643.9643.96
FII15.3215.3515.32
DII00.050.07
Retail & others40.7240.6340.65
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About SML ISUZU:

SML Isuzu Ltd (BSE:505192) is a leading commercial vehicle manufacturer specializing in trucks, buses, and defense vehicles. The company focuses on fuel-efficient and durable transport solutions, catering to logistics, public transport, and military sectors, reinforcing its presence in India’s growing automotive and defense markets.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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