Maruti Suzuki India lost 0.43% to Rs 5,300.15 at 9:35 IST on BSE after the company said its total sales fell 1% to 1.17 lakh units in December 2016 over December 2015.
The company announced the monthly sales volume yesterday, 1 January 2017.Meanwhile, the S&P BSE Sensex was down 98.83 points or 0.37% at 26,527.63.
On the BSE, 8,262 shares were traded on the counter so far as against the average daily volumes of 60,366 shares in the past one quarter. The stock had hit a high of Rs 5,348.90 and a low of Rs 5,270 so far during the day.
The stock had hit a record high of Rs 5,972 on 1 November 2016 and a 52-week low of Rs 3,202.10 on 29 February 2016. It had outperformed the market over the past one month till 30 December 2016, advancing 1.13% compared with the Sensex's 0.1% fall. The scrip had also outperformed the market over the past one quarter declining 2.85% as against the Sensex's 4.45% fall.
The large-cap company has equity capital of Rs 151.04 crore. Face value per share is Rs 5.
Maruti Suzuki India's (Maruti) total domestic sales fell 4.4% to 1.06 lakh units in December 2016 over December 2015. Exports surged 47.1% to 11,494 units in December 2016 over December 2015.
Maruti Suzuki India's net profit rose 60.2% to Rs 2398 crore on 29.5% growth in net sales to Rs 17594.60 crore in Q2 September 2016 over Q2 September 2015.
Maruti Suzuki India is India's biggest car maker in terms of market share. Japanese parent Suzuki Motor Corporation currently holds 56.21% stake in Maruti (as per the shareholding pattern as on 30 September 2016).
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