Maruti Suzuki India rose 1.54% to Rs 9,000 at 9:39 IST on BSE after the company said that its total sales rose 14.9% to 1.60 lakh units in March 2018 over March 2017.
The announcement was made on Sunday, 1 April 2018.Meanwhile, the S&P BSE Sensex was up 73.42 points, or 0.22% to 33,042.10.
On the BSE, 9,765 shares were traded in the counter so far compared with average daily volumes of 32,000 shares in the past two weeks. The stock had hit a high of Rs 9,079.20 and a low of Rs 8,950 so far during the day. The stock hit a record high of Rs 10,000 on 20 December 2017. The stock hit a 52-week low of Rs 5,930 on 29 March 2017.
Maruti Suzuki India said total domestic sales rose 16.1% to 1.48 lakh units, while total exports rose 2.1% to 12,016 units in March 2018 over March 2017.
Maruti Suzuki India's net profit rose 3% to Rs 1799 crore on 13.9% rise in net sales to Rs 18940 crore in Q3 December 2017 over Q3 December 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 December 2017).
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