Maruti Suzuki India rose 1.01% to Rs 7,188.55 at 11:39 IST on BSE after the company said its total production rose 16.80% to 1.51 lakh units in May 2017 over May 2016.
The announcement was made during trading hours today, 7 June 2017.Meanwhile, the S&P BSE Sensex was up 122.21 points, or 0.39% to 31,312.77.
On the BSE, 18,000 shares were traded in the counter so far, compared with average daily volumes of 65,625 shares in the past one quarter. The stock had hit a high of Rs 7,202.95 and a low of Rs 7,109.30 so far during the day. The stock hit a record high of Rs 7,249.30 on 1 June 2017. The stock hit a 52-week low of Rs 3,868.10 on 24 June 2016.
The stock had outperformed the market over the past one month till 6 June 2017, rising 7.34% compared with 4.23% rise in the Sensex. The scrip had also outperformed the market in past one quarter, rising 21.37% as against Sensex's 7.92% rise. The scrip had also outperformed the market in past one year, rising 71.77% as against Sensex's 15.48% rise.
The large-cap company has equity capital of Rs 151.04 crore. Face value per share is Rs 5.
Maruti Suzuki India's total sales rose 11.3% to 1.36 lakh units in May 2017 over May 2016. Domestic sales grew by 15.5% to 1.30 lakh units in May 2017 over May 2016. Export sales declined 36.3% to 6,286 units in May 2017 over May 2016.
Maruti'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.
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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