Maruti Suzuki India rose 0.37% to Rs 1,592.20 at 9:57 IST on BSE after the company said its domestic sales rose 1.8% to 99,758 units in February 2014 over February 2013.
The company announced the sales numbers on Saturday, 1 March 2014.
Meanwhile, the S&P BSE Sensex was down 38.87 points or 0.18% at 21,081.25.
On BSE, so far 29,109 shares were traded in the counter as against average daily volume of 94,988 shares in the past one quarter.
The stock was volatile. The stock rose as much as 1.9% at the day's high of Rs 1,616.55 so far during the day. The stock lost as much as 0.39% at the day's low of Rs 1,580 so far during the day. The stock had hit a record high of Rs 1,864 on 9 January 2014. The stock had hit a 52-week low of Rs 1,217 on 28 August 2013.
The stock had underperformed the market over the past one month till 28 February 2014, advancing 1.48% compared with the Sensex's 2.11% rise. The scrip had also underperformed the market in past one quarter, sliding 4.61% as against Sensex's 2.85% rise.
The large-cap company has equity capital of Rs 151.04 crore. Face value per share is Rs 5
Maruti Suzuki India (MSIL)'s total sales declined 0.4% to 1.09 lakh units in February 2014 over February 2013. Exports dropped 19.5% to 9,346 units in February 2014 over February 2013.
MSIL's net profit rose 35.9% to Rs 681.10 crore on 3.1% decline in net sales to Rs 10619.70 crore in Q3 December 2013 over Q3 December 2012.
Japanese parent Suzuki Motor Corporation (SMC) holds 56.21% stake in Maruti Suzuki India (as per the shareholding pattern as on 31 December 2013).
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