Maruti Suzuki shares down nearly 4% on sales dip

Maruti Suzuki India shares fell by nearly 4 per cent today after the company reported 2.6 per cent decline in total sales for January.
The stock fell by 3.68 per cent to settle at Rs 3,946.80 on the BSE. During the day, it slipped 3.96 per cent to Rs 3,935.
On NSE, shares of the company dipped by 3.6 per cent to close at Rs 3,948.25.
The company's market valuation fell by Rs 4,550.04 crore to Rs 1,19,224.96 crore.
Maruti Suzuki India today reported 2.6 per cent decline in total sales in January at 1,13,606 units as against 1,16,606 units in the same month last year.

The company said its domestic sales increased marginally by 0.8 per cent to 1,06,383 units as compared with 1,05,559 units in January 2015.
Sales of passenger cars declined 1.4 per cent to 87,757 units as against 89,014 units in the year-ago month, the carmaker said in a BSE filing.