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Maruti Suzuki rides high on reporting 4.5% rise in October sales

Maruti Suzuki India is currently trading at Rs. 7600.00, up by 42.50 points or 0.56% from its previous closing of Rs. 7557.50 on the BSE.

The scrip opened at Rs. 7580.00 and has touched a high and low of Rs. 7647.85 and Rs. 7546.55 respectively. So far 32253 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 5 has touched a 52 week high of Rs. 7929.00 on 19-Dec-2018 and a 52 week low of Rs. 5447.00 on 31-Jul-2019.

Last one week high and low of the scrip stood at Rs. 7755.00 and Rs. 7386.50 respectively. The current market cap of the company is Rs. 229898.03 crore.

The promoters holding in the company stood at 56.21%, while Institutions and Non-Institutions held 38.46% and 5.34% respectively.

Maruti Suzuki India has reported total sales of 153,435 units in October 2019, as compared 146,766 units in October 2018, registering rise of 4.5%. This includes 144,277 units in domestic market and 9,158 units of exports.

The company sold 28,537 vehicles under mini segment (including Alto, Old Wagon R) in October 2019, as against 32,835 units sold in corresponding month previous year. The company sold 75,094 vehicles under Compact segment; 2,371 vehicles under Midsize; 23,108 units under Utility Vehicles segment and 10,011 units under Vans category. The company has also sold 2,429 vehicles under Light CV segment (including super carry) in October 2019.

Maruti Suzuki India (formerly known as Maruti Udyog) is an automobile manufacturer in India. It provides passenger cars, utility vehicles and vans. The firm also offers pre-owned car sales, fleet management and car financing services.

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