Maruti Suzuki slips after sequential fall in December sales

The announcement was made during trading hours today, 3 January 2013.

Meanwhile, the BSE Sensex was up 35.97 points, or 0.18%, to 19,750.21.

On BSE, 17,000 shares were traded in the counter as against an average daily volume of 63,746 shares in the past one quarter.

The stock hit a high of Rs 1,567.80 and a low of Rs 1,545.20 so far during the day. The stock had hit a 52-week high of Rs 1,565.70 on 2 January 2013. The stock had hit a 52-week low of Rs 927.10 on 5 January 2012.

The stock had outperformed the market over the past one month till 2 January 2013, rising 5.71% compared with the Sensex's 1.94% rise. The scrip had also outperformed the market in past one quarter, gaining 14.79% as against Sensex's 4.73% rise.

India's largest car maker by sales has an equity capital of Rs 144.46 crore. Face value per share is Rs 5.

Maruti Suzuki India said its total vehicle sales rose marginally by 3.2% to 95,145 units in December 2012 over December 2011. Total domestic sales rose 5.9% to 82,073 units in December 2012 over December 2011. Total passenger car sales declined 0.9% to 68,729 units. Total export sales fell 11% to 13,072 units in December 2012 over December 2011.

Maruti Suzuki India's net profit declined 5.4% to Rs 227.50 crore on 8.5% growth in net sales to Rs 8070.10 crore in Q2 September 2012 over Q2 September 2011.

Japanese parent Suzuki Motor Corporation holds 54.21% stake in Maruti Suzuki India.

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