Maruti Suzuki India fell 1.06% to Rs 4,155 at 09:45 IST on BSE after the stock turned ex-dividend today, 26 August 2015, for final dividend of Rs 25 per share for the year ended 31 March 2015.
Meanwhile, the S&P BSE Sensex was down 167.26 points or 0.64% at 25,865.12
On BSE, so far 5,746 shares were traded in the counter as against average daily volume of 39,518 shares in the past one quarter.
The stock hit a high of Rs 4,207.40 and a low of Rs 4,119 so far during the day. The stock had hit a record high of Rs 4,689.20 on 20 August 2014. The stock had hit a 52-week low of Rs 2,756 on 26 August 2014.
The large-cap car manufacturing company has equity capital of Rs 151.04 crore. Face value per share is Rs 5.
Before turning ex-dividend, the Maruti Suzuki India stock offered a dividend yield of 0.59% based on the closing price of Rs 4,199.45 yesterday, 25 August 2015.
Maruti Suzuki India reported on 1 August 2015 that total vehicle sales rose 20.1% to 1.21 lakh units in July 2015 over July 2014. Total domestic sales rose 22.5% to 1.10 lakh units in July 2015 over July 2014. Exports rose 0.2% to 11,307 units in July 2015 over July 2014.
Maruti Suzuki India's net profit rose 56.5% to Rs 1192.92 crore on 16.6% rise in total income to Rs 13596.96 crore in Q1 June 2015 over Q1 June 2014.
Japanese parent Suzuki Motor Corporation holds 56.21% stake in Maruti Suzuki India (as per the shareholding pattern as on 30 June 2015).
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