Maruti Suzuki India rose 0.38% to Rs 5,072 at 10:29 IST on BSE after the company reported 12.2% growth in total sales to 1.32 lakh units in August 2016 over August 2015.
The announcement was made during market hours today, 1 September 2016.Meanwhile, the BSE Sensex was up 20.29 points, or 0.07%, to 28,472.46.
On BSE, so far 22,000 shares were traded in the counter, compared with average daily volume of 77,508 shares in the past one quarter. The stock hit a high of Rs 5,095 and a low of Rs 5,022.65 so far during the day. The stock hit a record high of Rs 5,104.90 on 30 August 2016. The stock hit a 52-week low of Rs 3,202.10 on 29 February 2016. The stock had underperformed the market over the past 30 days till 31 August 2016, rising 1.24% compared with 1.68% rise in the Sensex. The scrip had, however, outperformed the market in past one quarter, rising 20.77% as against Sensex's 5.99% rise.
The large-cap company has equity capital of Rs 151.04 crore. Face value per share is Rs 5.
Maruti's domestic sales rose 12.3% to 1.19 lakh units in August 2016 over August 2015. The company's exports rose 10.8% to 12,280 units in August 2016 over August 2015.
Maruti's net profit rose 23% to Rs 1486.20 crore on 12.1% rise in net sales to Rs 14654.50 crore in Q1 June 2016 over Q1 June 2015.
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Maruti is India's biggest car maker in terms of market share. Japanese parent Suzuki Motor Corporation currently holds 56.21% stake in Maruti (as per the shareholding pattern as on 30 June 2016).
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