Maruti Suzuki hits record high post January sales

The stock hit a record high of Rs 6,000, up 1.8% on the BSE in intra-day trade

Maruti Suzuki India hit a record high of Rs 6,000, up 1.8% on the BSE in intra-day trade, after the company 27% jump in total sales at 144,396 units in January 2017 as against 113,606 units in the year-ago period. The stock surpasses its previous high of Rs 5,972 touched on November 1, 2016.

The company's domestic sales stood at 133,934 units, up 25.9% from 106,383 units in January 2016, Maruti Suzuki India said in a statement.

The auto major said that sales of the compact segment comprising Swift,  Ritz, Celerio, Ignis, Dzire and Baleno rose by 25.2%