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Maruti surges on higher-than-expected monthly sales

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Reuters
Last Updated : Aug 01 2014 | 12:39 PM IST

Reuters Market Eye - Maruti Suzuki India shares surge 3.8 percent after sales in July beat analyst expectations.

India's largest automaker's sales in July rose by 21.7 percent Maruti reported a 19.9 growth in the domestic market, helped by low base.

Volumes, launches, discounts and shareholders' approval of the Gujarat plant key triggers from here onwards, analysts say.

(Reporting by Abhishek Vishnoi)

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First Published: Aug 01 2014 | 12:22 PM IST

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