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Maruti shares up 6% on smart June sales number

Last Updated: Tuesday, July 1, 2014 - 17:45

Mumbai: Shares of Maruti Suzuki India (MSI) on Tuesday rose by 6 percent after the company reported a 33.5 percent increase in total sales for June this year.

The stock of the country's largest car-maker surged 6.01 percent to settle at Rs 2,584.85 on the BSE. The scrip gained 6.76 percent to touch Rs 2,603.25 intraday -- its 52-week high.

At the NSE, the company's stock settled 5.93 percent higher at Rs 2,584.05.

On the volume front, 1.82 lakh shares of the company changed hands at the BSE, while over 15 lakh shares were traded at the NSE during the day.

MSI today reported a 33.5 percent increase in its total sales for June at 1,12,773 units as against 84,455 units in the same month last year.

The company said its domestic sales rose by 31.1 percent during the month to 1,00,964 units as against 77,002 units in June 2013.

PTI
First Published: Tuesday, July 1, 2014 - 17:45
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