Maruti Suzuki India rose 1.01% to Rs 7,188.55 at 11:39 IST on BSE after the company said its total production rose 16.80% to 1.51 lakh units in May 2017 over May 2016.
The announcement was made during trading hours today, 7 June 2017.Meanwhile, the S&P BSE Sensex was up 122.21 points, or 0.39% to 31,312.77.
On the BSE, 18,000 shares were traded in the counter so far, compared with average daily volumes of 65,625 shares in the past one quarter. The stock had hit a high of Rs 7,202.95 and a low of Rs 7,109.30 so far during the day. The stock hit a record high of Rs 7,249.30 on 1 June 2017. The stock hit a 52-week low of Rs 3,868.10 on 24 June 2016.
The stock had outperformed the market over the past one month till 6 June 2017, rising 7.34% compared with 4.23% rise in the Sensex. The scrip had also outperformed the market in past one quarter, rising 21.37% as against Sensex's 7.92% rise. The scrip had also outperformed the market in past one year, rising 71.77% as against Sensex's 15.48% rise.
The large-cap company has equity capital of Rs 151.04 crore. Face value per share is Rs 5.
Maruti Suzuki India's total sales rose 11.3% to 1.36 lakh units in May 2017 over May 2016. Domestic sales grew by 15.5% to 1.30 lakh units in May 2017 over May 2016. Export sales declined 36.3% to 6,286 units in May 2017 over May 2016.
Maruti's net profit rose 15.8% to Rs 1709 crore on 20.3% growth in net sales to Rs 18005.20 crore in Q4 March 2017 over Q4 March 2016.
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Maruti Suzuki India is India's biggest car maker in terms of market share. Japanese parent Suzuki Motor Corporation currently holds 56.21% stake in Maruti Suzuki India (as per the shareholding pattern as on 31 March 2017).
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