Maruti Suzuki India rose 1.44% to Rs 7,813.45 at 11:45 IST on BSE after total sales rose 23.8% to 1.63 lakh units in August 2017 over August 2016.
The announcement was made during market hours today, 1 September 2017.Meanwhile, the S&P BSE Sensex was up 129.60 points, or 0.41% to 31,860.09.
On the BSE, 19,000 shares were traded in the counter so far, compared with average daily volumes of 29,501 shares in the past one quarter. The stock had hit a high of Rs 7,820 and a low of Rs 7,724.35 so far during the day. The stock hit a record high of Rs 7,920 on 1 August 2017. The stock hit a 52-week low of Rs 4,769.65 on 21 November 2016.
The stock had outperformed the market over the past one month till 31 August 2017, falling 1.45% compared with 2.30% decline in the Sensex. The scrip had also outperformed the market in past one quarter, rising 8.27% as against Sensex's 1.46% rise. The scrip had also outperformed the market in past one year, gaining 52.28% as against Sensex's 11.63% 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 26.7% at 1.52 lakh units in August 2017 over August 2016. Export sales fell 4.7% to 11,701 units in August 2017 over August 2016.
Maruti Suzuki India's net profit rose 4.39% to Rs 1556.40 crore on 16.66% rise in net sales to Rs 17132.40 crore in Q1 June 2017 over Q1 June 2016.
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 Suzuki India (as per the shareholding pattern as on 30 June 2017).
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