Maruti Suzuki India lost 0.6% to Rs 4,549.10 at 11:52 IST on BSE, with the stock declining amid volatility after the company said its total sales rose 9.7% to 1.20 lakh units in November 2015 over November 2014.
The company announced the monthly sales volume data for November 2015 during market hours today, 1 December 2015.
Meanwhile, the S&P BSE Sensex was up 49.34 points or 0.19% at 26,195.01.
On BSE, so far 59,000 shares were traded in the counter as against average daily volume of 66,081 shares in the past one quarter.
The stock was volatile. The stock fell as much as 0.97% at the day's low of Rs 4,532 so far during the day. The stock rose as much as 0.94% at the day's high of Rs 4,620 so far during the day. The stock had hit a record high of Rs 4,789 on 23 November 2015. The stock had hit a 52-week low of Rs 3,250 on 17 December 2014.
The stock had outperformed the market over the past one month till 30 November 2015, advancing 2.88% compared with Sensex's 1.92% fall. The scrip had also outperformed the market in past one quarter, jumping 8.84% as against Sensex's 0.93% fall.
More From This Section
The large-cap company has equity capital of Rs 151.04 crore. Face value per share is Rs 5.
Maruti Suzuki India's (MSIL) total domestic sales rose 10.6% to 1.10 lakh units in November 2015 over November 2014. Exports rose 1% to 10,225 units in November 2015 over November 2014.
Meanwhile, MSIL yesterday, 30 November 2015, announced that dual airbags and ABS are now available as an option across all Celerio variants, including the base version. R S Kalsi, Executive Director, Marketing & Sales, Maruti Suzuki India, said that by offering safety features like airbags for driver and co-driver and Anti-lock Braking System (ABS) from the base variant onwards in Celerio, the company is making it more attractive for customers. The announcement was made after market hours yesterday, 30 November 2015.
MSIL's net profit rose 42.1% to Rs 1225.56 crore on 13.2% growth in net sales to Rs 13574.81 crore in Q2 September 2015 over Q2 September 2014.
Japanese parent Suzuki Motor Corporation held 56.21% stake in Maruti Suzuki India (as per the shareholding pattern as on 30 September 2015).
Powered by Capital Market - Live News