Maruti Suzuki India fell 1.90% to Rs 4019.40 at 11:05 IST on BSE after the company said its total sales fell 2.6% to 1.13 lakh units in January 2016 over January 2015.
The announcement was made during trading hours today, 1 February 2016.Meanwhile, the BSE Sensex was up 69.80 points, or 0.28%, to 24,940.49.
On BSE, so far 2.03 lakh shares were traded in the counter, compared with an average volume of 57,323 shares in the past one quarter. The stock hit a high of Rs 4,117.90 and a low of Rs 3,970.55 so far during the day. The stock hit a record high of Rs 4,789 on 23 November 2015. The stock hit a 52-week low of Rs 3,362 on 10 February 2015. The stock had underperformed the market over the past one month till 29 January 2016, sliding 11.67% compared with 4.64% decline in the Sensex. The scrip had also underperformed the market in past one quarter, falling 7.77% as against Sensex's 7.33% fall.
The large-cap car maker has an equity capital of Rs 151.04 crore. Face value per share is Rs 5.
Maruti Suzuki India's (MSIL) total domestic sales rose 0.8% to 1.06 lakh units in January 2016 over January 2015. Exports slumped 34.6% to 7,223 units in January 2016 over January 2015.
Maruti Suzuki India's net profit rose 27.06% to Rs 1019.30 crore on 20.4% growth in net sales to Rs 14767.70 crore in Q3 December 2015 over Q3 December 2014.
Japanese parent Suzuki Motor Corporation held 56.21% stake in Maruti Suzuki India (as per the shareholding pattern as on 31 December 2015).
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