Maruti Suzuki shines on reporting 1.9% rise in October sales

sankrit

Rahul Sankrit
Maruti Suzuki is currently trading at Rs. 1642.20, up by 8.50 points or 0.52% from its previous closing of Rs. 1633.70 on the BSE.

The scrip opened at Rs. 1630.00 and has touched a high and low of Rs. 1656.00 and Rs. 1630.00 respectively. So far 22,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1773.45 on 20-May-2013 and a 52 week low of Rs. 1217.00 on 28-Aug-2013.

Last one week high and low of the scrip stood at Rs. 1658.95 and Rs. 1488.60 respectively. The current market cap of the company is Rs. 49631 crore.

The promoters holding in the company stood at 56.21% while Institutions and Non-Institutions held 35.02% and 8.78% respectively.

Maruti Suzuki India, country’s largest car maker, has registered jump of 1.9% in its total car sales (Domestic + Export) for the month of October at 105087 units, as against 103108 units in October 2012. The company’s domestic sales also rose by 0.1% in October 2013 at 96062 units, as against 96002 units in corresponding month last year.

Of the total, the company has sold 79040 units of its passenger cars during last month, down by 1.0% as against 79811 units in October 2012. The sales of its utility vehicles, plunged 2.2% to 7263 units from 7,400 units while the company’s sales of vans increased by 11.3% to 9786 units as against 8791 units in October 2012.

The company’s export sales jumped 27.0% to 9025 units as against 7106 units in October 2012

Source:- berkeleygains
 
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