Shares in Maruti Suzuki India Ltd
Maruti's November vehicle sales grew 12.5% on year to 103,200 units, sustaining the recovery in sales witnessed in October.
Dispatches rose on the back of festive demand, particularly for diesel vehicles and higher exports, brokerage Anandrathi said in a note.
Mahindra & Mahindra reported a 18 percent rise in November sales to 48,143 vehicles and continued on a strong trajectory, boosted by new launches and a large diesel portfolio, the brokerage added.
Maruti shares rose 1.1 percent at Rs 1,491, while Mahindra & Mahindra shares gained 1.2 percent at Rs 958.
