Maruti Suzuki shares surge over 5% on healthy sales companies

Tags: Companies
Shares of Maruti Suzuki India today gained over 5 per cent after the company reported increase in its total sales last month.

Stock of the country's largest car-maker climbed 4.71 per cent to settle at Rs 2,915.50 on the BSE. During the day, it gained 5.27 per cent to Rs 2,931.10 -- its 52-week high.

At the NSE, the scrip rose by 5.14 per cent to close the day at Rs 2,927.60.

Maruti Suzuki India today reported 26.9 per cent increase in its total sales in August at 1,10,776 units as against 87,323 units in the same month of previous year.

Domestic sales during the month stood at 98,304 units, up 29.3 per cent from 76,018 units in August of previous year, Maruti Suzuki India (MSI) said in a statement.

Exports in August were up 10.3 per cent to 12,472 units from 11,305 units in the same month of previous year, it added.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • If the first 17 editions of Saarc were tragedies, Kathmandu was a sham

    Rarely has a regional grouping such as the South Asian Association of Regional Cooperation (Saarc) promised so much and delivered so little.

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Varun Dutt

By the power of wind, let there be light

In India, the development of wind power began in the ...

Zehra Naqvi

Being unrealistic can be good for you

Depression is a term that most people use very casually ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture