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Maruti Suzuki skids

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Capital Market

Meanwhile, the S&P BSE Sensex was up 128.77 points or 0.67% at 19,453.54.

On BSE, 17,000 shares were traded in the counter as against average daily volume of 76,550 shares in the past one quarter.

The stock hit a high of Rs 1,542 and a low of Rs 1,526 so far during the day. The stock had hit a 52-week low of Rs 1,075 on 23 June 2012. The stock had hit a record high of Rs 1,773.45 on 20 May 2013.

The stock had outperformed the market over the past one month till 8 July 2013, sliding 0.21% compared with the Sensex's 0.54% fall. The scrip had also outperformed the market in past one quarter, surging 9.53% as against Sensex's 4.81% rise.

 

India's largest car maker by sales has equity capital of Rs 151.04 crore. Face value per share is Rs 5.

Reports suggest that Maruti has stopped the third shift at its diesel engine plant in Manesar as the demand for diesel cars has tapered off following increase in prices of diesel over the past few months.

Maruti Suzuki India on Monday, 8 July 2013, reported 25.36% fall in production to 61,668 units in June 2013 over June 2012. Earlier, on 1 July 2013, the company had reported 12.6% fall in total sales to 84,455 units in June 2013 over June 2012. The company's domestic sales fell 7.8% to 77,002 units in June 2013 over June 2012. Exports declined 43% to 7,453 units in June 2013 over June 2012.

Maruti Suzuki India's net profit jumped 93.7% to Rs 1239.62 crore on 13.7% growth in net sales to Rs 13056.26 crore in Q4 March 2013 over Q4 March 2012.

Japanese parent Suzuki Motor Corporation holds 56.21% stake in Maruti Suzuki India (as per the shareholding pattern as on 31 March 2013).

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First Published: Jul 09 2013 | 10:15 AM IST

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