Maruti Suzuki India rose by 3.64 per cent to end the day at Rs 529.95 on reports that the company's newly launched model, A-Star, would contribute half of its export target of 200,000 units by 2010-11.
Of the total manufacturing capacity of 150,000 units of its Manesar plant, Maruti intends to export two-third of its production, while the remaining will be sold in the domestic market. Exports are expected to commence in early 2009. The company made an intraday high of Rs 535 and a low of Rs 496, with trading volumes of 1,50,355 shares.
