India's largest car manufacturer, Maruti Suzuki is trading lower by 1% or Rs 10 at Rs 1,148 after the board of directors approved final dividend of Rs 7.5 a share.
The stock opened at Rs 1,150 and hit a low of Rs 1,139 in the intra-deals thus far. As many as 13,000 shares have changed hands compared the two-week average of 81,000 shares.
The company recently launched its new variant of Swift at an introductory price of Rs 4.2 lakh.