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Maruti Suzuki gains after good sales in May

Capital Market 

Maruti Suzuki India rose 2.54% to Rs 3,881.50 at 14:17 IST on BSE after total sales rose 13.8% to 1.14 lakh units in May 2015 over May 2014.

The sales figures were announced during market hours today, 1 June 2015.

Meanwhile, the BSE Sensex was up 58.36 points, or 0.21%, to 27,886.80

On BSE, so far 46,555 shares were traded in the counter, compared with an average volume of 34,802 shares in the past one quarter.

The stock hit a high of Rs 3,894.95 and a low of Rs 3,775 so far during the day. The stock hit a record high of Rs 4,031 on 4 May 2015. The stock hit a 52-week low of Rs 2,257 on 30 May 2014.

The large-cap company has an equity capital of Rs 151.04 crore. Face value per share is Rs 5.

Maruti Suzuki India's domestic sales rose 13% to 1.02 lakh units in May 2015 over May 2014. Total exports rose 20.3% to 12,466 units in May 2015 over May 2014.

Maruti Suzuki India's net profit rose 60.5% to Rs 1284.24 crore on 11.5% rise in total income to Rs 13944.74 crore in Q4 March 2015 over Q4 March 2014.

Japanese parent Suzuki Motor Corporation holds 56.21% stake in Maruti Suzuki India (as per the shareholding pattern as on 31 March 2015).

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First Published: Mon, June 01 2015. 14:22 IST