The stock has lost about 4% since the plant closure
The scrip closed 0.68% up at Rs 1,185.10 on the BSE. Intra-day, the stock gained 1.55% to Rs 1,195.3.
At the NSE, the stock ended 0.96% higher at Rs 1,188.90.
The stock has lost about 4% since the plant closure.
"Production has resumed at the Maruti Suzuki Manesar plant this morning," a company spokesperson today said.
The company had earlier announced that only 300 permanent workers will resume work in a single shift. Initially, about 150 cars are expected to be rolled out every day instead of the plant's normal capacity of 1,500-1,700 units.
The company had declared a lockout at Manesar plant on July 21 following the July 18 violence. The overall production loss during the lockout was pegged at around Rs 1,400 crore.
Pursuant to this purchase, their total holding rose to 11.2% in the company, crossing a threshold limit of 10% to attract the provisions of Sebi's ...