Maruti shares up over 4% on robust vehicle sales growth in Sep

Image
Press Trust of India New Delhi
Last Updated : Oct 03 2016 | 12:57 PM IST
Shares of Maruti Suzuki India today rose over 4 per cent after the company reported over 31 per cent growth in passenger vehicle sales in September.
The stock gained 4.16 per cent to Rs 5,707.25 - its 52-week high - on BSE.
At NSE, shares of the company went up 4.43 per cent to touch its one-year high of Rs 5,720.
Country's largest carmaker Maruti Suzuki India on Saturday reported 31.1 per cent growth in passenger vehicle sales in September at 1,49,143 units, riding on its highest-ever domestic sales.
The company had sold a total of 1,13,759 units in September 2015, Maruti Suzuki India (MSI) said in a statement.
Domestic sales were at 1,37,321 units as against 1,06,083 units in the same month last year, up 29.4 per cent, it said adding this was "also the company's highest ever domestic monthly sales" beating the previous best of 1,25,778 in July this year.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Oct 03 2016 | 12:57 PM IST

Next Story