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Maruti Suzuki gains after decent production growth in July

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rose 0.78% to Rs 7,839 at 10:16 on after the company said its total production rose 14.79% to 1.56 lakh units in July 2017 over July 2016.

The announcement was made after market hours on Friday, 4 August 2017.

Meanwhile, the S&P Sensex was up 24.13 points, or 0.07% to 32,349.54.

On the BSE, 4,973 shares were traded in the counter so far, compared with average daily volumes of 42,901 shares in the past one quarter. The stock had hit a high of Rs 7,848 and a low of Rs 7,772 so far during the day. The stock hit a record high of Rs 7,920 on 1 August 2017. The stock hit a 52-week low of Rs 4,769.65 on 21 November 2016.

The stock had outperformed the market over the past one month till 4 August 2017, rising 4.14% compared with 3.05% rise in the Sensex. The scrip had also outperformed the market in past one quarter, rising 17.01% as against Sensex's 8.26% rise. The scrip had also outperformed the market in past one year, rising 57.20% as against Sensex's 15.13% rise.

The large-cap company has equity capital of Rs 151.04 crore. Face value per share is Rs 5.

India's total sales rose 20.6% to 1.65 lakh units in July 2017 over July 2016. Domestic sales grew by 22.4% to 1.54 lakh units in July 2017 over July 2016. Export sales rose 0.01% to 11,345 units in July 2017 over July 2016.

India's net profit rose 4.4% to Rs 1556.40 crore on 16.7% rise in net sales to Rs 17132.40 crore in Q1 June 2017 over Q1 June 2016.

is India's biggest car maker in terms of market share. Japanese parent Suzuki Motor Corporation currently holds 56.21% stake in (as per the shareholding pattern as on 30 June 2017).

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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