Maruti Suzuki India has moved higher by 3% at Rs 1,399 after reporting 12% year-on-year increase in total sales in September at 104,964 units as against 93,988 units in the same month last year. The stock opened at Rs 1,365 and hit a high of Rs 1,404 on the BSE.
A combined 355,000 shares change hands on the counter so far on the BSE and NSE. The country's largest car-maker said its domestic sales increased by 1.8% during the month to 90,399 units as against 88,801 units in September last year. Exports during the month surged nearly three-fold to 14,565 units as compared to 5,187 units in the same month last year, Maruti Suzuki India said in a statement. The company said sales of its popular compact sedan Dzire surged 43% during the month under review at 16,708 units as against 11,694 units in September 2012. The company's mid-sized sedan SX4 also registered a growth of 31% to 378 units as against 288 units in the same month last year.