Maruti Suzuki stock up nearly 2% on robust July sales

Image
Press Trust of India New Delhi
Last Updated : Aug 01 2017 | 5:59 PM IST
Shares of Maruti Suzuki India (MSI) today went up by nearly 2 per cent after the company posted a 20.6 per cent rise in total sales for July.
The scrip of the country's largest carmaker ended at Rs 7,859.10, up 1.96 per cent on the BSE. Intra-day, it gained 2.75 per cent to Rs 7,920 -- its 52-week high.
On NSE, shares of the company closed 1.36 per cent higher at Rs 7,856.10.
The company's market valuation rose by Rs 4,566.74 crore to Rs 2,37,407.74 crore.
The country's largest carmaker today posted a 20.6 per cent rise in total sales in July at 1,65,346 units as against 1,37,116 in the same month last year.
This is its highest-ever monthly sales. The previous best was in April this year when the company had sold 1,44,492 units.
The company's domestic sales increased 22.4 per cent during the month to 1,54,001 units as against 1,25,778 in July 2016.

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: Aug 01 2017 | 5:59 PM IST

Next Story