You are here: Home » Markets » News
Business Standard

Maruti Suzuki inches up on good domestic sales

The company showed a 16% jump in its domestic sales for April owing to jump in the sales of Brezza, S Cross and Baleno

Topics
Maruti Suzuki

SI Reporter  |  Mumbai 

Maruti Suzuki Celerio: For that breezy city drive

Shares of are trading higher by 0.5% in a falling market after the country’s largest car maker showed a 16% jump in its domestic sales for April, the first month of financial year 2017. The company has a 47% share in domestic passenger vehicle market.

Maruti sold 117,045 units in domestic market in March against 100,709 units in April 2015 owing to an increase in the sales of Brezza, S Cross and Baleno, all of which are new products.

However, exports declined 13.7% to 9,524 units while the total sales (domestic and exports) grew 13.3% to 126,569 units in April.

The stock opened at Rs 3,795 and touched a high of Rs 3,822 on the BSE. A total of 58,427 shares changed hands on the BSE so far.

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Mon, May 02 2016. 13:25 IST
RECOMMENDED FOR YOU
.