Maruti Suzuki India rose 0.40% to Rs 5,284.50 at 10:22 IST on BSE after the company reported 12.2% rise in total sales to 1.35 lakh units in November 2016 over November 2015.
The announcement was made during trading hours today, 1 December 2016.Meanwhile, the BSE Sensex was up 35.15 points, or 0.13%, to 26,687.96.
On BSE, so far 55,000 shares were traded in the counter, compared with average daily volume of 65,570 shares in the past one quarter. The stock hit a high of Rs 5,308 and a low of Rs 5,205 so far during the day. The stock hit a record high of Rs 5,972 on 1 November 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 30 November 2016, falling 10.46% compared with the 4.39% decline in the Sensex. The scrip had, however, outperformed the market in past one quarter, rising 4.06% as against Sensex's 6.23% decline.
The large-cap company has equity capital of Rs 151.04 crore. Face value per share is Rs 5.
Maruti Suzuki India's (Maruti) domestic sales rose 14.2% to 1.26 lakh units in November 2016 over November 2015. Exports fell 9.8% to 9,225 units in November 2016 over November 2015.
Maruti Suzuki India's net profit rose 60.2% to Rs 2398 crore on 29.5% growth in net sales to Rs 17594.60 crore in Q2 September 2016 over Q2 September 2015.
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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 (as per the shareholding pattern as on 30 September 2016).
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