Maruti Suzuki India rose 1.93% to Rs 6,651.55 at 09:44 IST on BSE after the company's total sales rose 19.5% to 1.51 lakh units in April 2017 over April 2016.
The announcement was made on Monday, 1 May 2017, when domestic stock markets remained closed for a local holiday.Meanwhile, the S&P BSE Sensex was up 111.72 points or 0.37% at 30,030.12.
On the BSE, 13,000 shares were traded on the counter so far as against the average daily volumes of 52,037 shares in the past one quarter. The stock hit a high of Rs 6,700 in intraday trade so far, which is record high for the counter. The stock hit a low of Rs 6,625 so far during the day. The stock had hit a 52-week low of Rs 3,730 on 29 April 2016.
The large-cap company has equity capital of Rs 151.04 crore. Face value per share is Rs 5.
Maruti Suzuki India's domestic sales grew by 23.4% to 1.44 lakh units in April 2017 over April 2016. Exports declined 29.4% to 6,723 units in April 2017 over April 2016.
Maruti Suzuki India's net profit rose 15.8% to Rs 1709 crore on 20.3% growth in net sales to Rs 18005.20 crore in Q4 March 2017 over Q4 March 2016. The result was announced during market hours on 27 April 2017.
Maruti Suzuki India is India's biggest car maker in terms of market share. Japanese parent Suzuki Motor Corporation currently holds 56.21% stake in Maruti Suzuki India (as per the shareholding pattern as on 31 March 2017).
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