Maruti Suzuki (India) has dipped nearly 3% to Rs 2,974 on the National Stock Exchange (NSE), after reporting 4.6% increase in its total sales in September 2014 at 109,742 units mainly due to lower export sales. The company had sold total 104,964 units in the same month previous year.
Exports in September were down 28.2% to 10,452 units from 14,565 units in the same month previous year, Maruti Suzuki (India) said in a statement.
The stock opened at Rs 3,048 and hit high of Rs 3,082 in early morning deals on NSE. A combined around 430,000 shares changed hands on the counter so far on NSE and BSE.