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.

EDITORIAL OF THE DAY

  • Government must wake up to the woes of electricity generators

    India is not staring at a power crisis yet, but an estimated 46,000 mw of power capacities are at risk today.

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

Sarthak Raychaudhuri

vice-president, HR, Asia South Whirlpool of India

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

TODAY'S COLUMNS

Arun Nigavekar

Moocs will not replace traditional education

I am revisiting the topic of massive open online course ...

Zehra Naqvi

Minimalism: declutter your life

When you imagine an ideal place to live, you think ...

Gautam Gupta

Our fashion schools need to notch it up

“Creativity is the key to success and primary education is ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture