Mumbai: Shares of Maruti Suzuki Monday tumbled by nearly six percent following the company declaring lockout at its Manesar plant in Haryana.
The scrip of Maruti Suzuki settled at Rs 1,079.90 on the BSE, down 5.65 percent from the previous close. During the trading session, the stock had dived by 6.07 percent to touch a low of Rs 1,075.
At the National Stock Exchange, the stock plummeted 5.75 percent to close at Rs 1,081.50.
The stock was the top loser among the BSE 30-stock Sensex blue-chips.
Maruti Suzuki on Saturday declared a lockout at its Manesar plant following violence there that killed one senior official and injured 100 people. It has ruled out the possibility of shifting operations to Gujarat.
Maruti Suzuki has said it will continue to dispatch cars from its stockyard at the plant to dealers across the country despite the lockout.
In the broader market, Sensex closed at 16,877.35 points down 281 points or 1.64 percent from the previous close.
PTI
First Published: Monday, July 23, 2012, 11:24