Maruti Suzuki India lost 2.82% at Rs 2,978 at 12:31 IST on BSE after the company said its total sales rose 4.6% to 1.09 lakh units in September 2014 over September 2013.
Meanwhile, the S&P BSE Sensex was down 41.63 points or 0.16% at 26,588.88.
On BSE, so far 45,000 shares were traded in the counter as against average daily volume of 39,734 shares in the past one quarter.
The stock hit a high of Rs 3,070 and a low of Rs 2,974 so far during the day.
The stock had outperformed the market over the past one month till 30 September 2014, surging 10.06% compared with the Sensex's 0.03% fall. The scrip had also outperformed the market in past one quarter, jumping 25.67% as against Sensex's 4.79% rise.
The large-cap company has equity capital of Rs 151.04 crore. Face value per share is Rs 5.
Maruti Suzuki India's domestic sales rose 9.8% to 99,290 units in September 2014 over September 2013. Exports declined 28.2% to 10,452 units in September 2014 over September 2013.
Maruti Suzuki India's net profit rose 20.7% to Rs 762.28 crore on 10.8% growth in net sales to Rs 11073.51 crore in Q1 June 2014 over Q1 June 2013.
Japanese parent Suzuki Motor Corporation holds 56.21% stake in Maruti Suzuki India (as per the shareholding pattern as on 30 June 2014).
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