Maruti Suzuki scales record high after declaring June sales volume data

Maruti Suzuki India rose 0.92% to Rs 4,058 at 11:33 IST on BSE after total sales rose 1.8% to 1.14 lakh units in June 2015 over June 2014.

The sales figures were announced during market hours today, 1 July 2015.

Meanwhile, the BSE Sensex was up 197.90 points, or 0.71%, to 27,978.73

On BSE, so far 29,399 shares were traded in the counter, compared with an average volume of 37,789 shares in the past one quarter.

The stock scaled a record high of Rs 4,087 in intraday trade today, 1 July 2015. The stock hit a low of Rs 4,022.60 so far during the day. The stock hit a 52-week low of Rs 2,425 on 30 June 2014.

The stock had outperformed the market over the past one month till 30 June 2015, rising 6.27% compared with 0.17% fall in the Sensex. The scrip had also outperformed the market in past one quarter, gaining 9.9% as against Sensex's 0.7% decline.

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

Maruti Suzuki India's total domestic sales rose 1.6% to 1.02 lakh units in June 2015 over June 2014. Total exports rose 2.7% to 12,130 units in June 2015 over June 2014. The company's sales rose 13.8% to 3.41 lakh units in Q1 June 2015 over Q1 June 2014.

Maruti Suzuki India's net profit rose 60.5% to Rs 1284.24 crore on 11.5% rise in total income to Rs 13944.74 crore in Q4 March 2015 over Q4 March 2014.

Japanese parent Suzuki Motor Corporation holds 56.21% stake in Maruti Suzuki India (as per the shareholding pattern as on 31 March 2015).

Powered by Capital Market - Live News