Maruti Suzuki India rose 3.05% to Rs 3,816.50 at 12:43 IST on BSE as Japanese yen eased against the dollar.
Meanwhile, the S&P BSE Sensex was down 28.29 points or 0.11% at 25,852.09.
On BSE, so far 48,000 shares were traded in the counter as against average daily volume of 95,698 shares in the past one quarter. The stock hit a high of Rs 3,818 and a low of Rs 3,685.05 so far during the day. The stock had hit a record high of Rs 4,789 on 23 November 2015. The stock had hit a 52-week low of Rs 3,202.10 on 29 February 2016. The stock had underperformed the market over the past one month till 21 April 2016, gaining 0.91% compared with Sensex's 2.35% rise. The scrip had also underperformed the market in past one quarter, sliding 4.84% as against Sensex's 8% rise.
The large-cap company has equity capital of Rs 151.04 crore. Face value per share is Rs 5.
A weak yen is expected to boost operating margins for Maruti Suzuki India.
Maruti Suzuki India's net profit rose 27.1% to Rs 1019.30 crore on 20.4% growth in net sales to Rs 14767.70 crore in Q3 December 2015 over Q3 December 2014. The company is scheduled to announce its Q4 March 2016 results on 26 April 2016.
Japanese parent Suzuki Motor Corporation held 56.21% stake in Maruti Suzuki India (as per the shareholding pattern as on 31 December 2015).
Powered by Capital Market - Live News
