Maruti Suzuki India rose 0.93% to Rs 4,489.95 at 11:12 IST on BSE after the company said that its total sales jumped 29.1% to 1.34 lakh units in October 2015 over October 2014.
The company announced the sales volume data for October 2015 during market hours today, 2 November 2015.
Meanwhile, the S&P BSE Sensex was down 127.30 points or 0.48% at 26,529.53.
On BSE, so far 47,000 shares were traded in the counter as against average daily volume of 56,676 shares in the past one quarter.
The stock was volatile. The stock rose as much as 1.71% at the day's high of Rs 4,525 so far during the day. The stock lost as much as 0.53% at the day's low of Rs 4,425 so far during the day. The stock had hit a record high of Rs 4,762.90 on 30 September 2015. The stock had hit a 52-week low of Rs 3,246 on 31 October 2014.
The stock had underperformed the market over the past one month till 30 October 2015, sliding 5.13% compared with Sensex's 1.92% rise. The scrip had, however, outperformed the market in past one quarter, gaining 3.61% as against Sensex's 3.78% fall.
More From This Section
The large-cap car manufacturing company has equity capital of Rs 151.04 crore. Face value per share is Rs 5.
Maruti Suzuki India's domestic sales rose 24.7% to 1.21 lakh units in October 2015 over October 2014. Sales of Passenger cars rose 21.5% to 97,951 units in October 2015 over October 2014. Exports jumped 90.4% to 13,146 units in October 2015 over October 2014.
Maruti Suzuki India'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 holds 56.21% stake in Maruti Suzuki India (as per the shareholding pattern as on 30 September 2015).
Powered by Capital Market - Live News