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Maruti Suzuki shares up over 4 per cent on robust vehicle sales growth in September

maruti suzuki reuters

New Delhi: Shares of Maruti Suzuki India today rose over 4 per cent after the company reported over 31 per cent growth in passenger vehicle sales in September. The stock gained 4.16 per cent to Rs 5,707.25 – its 52-week high – on BSE.

At NSE, shares of the company went up 4.43 per cent to touch its one-year high of Rs 5,720. Country’s largest carmaker Maruti Suzuki India on Saturday reported 31.1 per cent growth in passenger vehicle sales in September at 1,49,143 units, riding on its highest-ever domestic sales.

The company had sold a total of 1,13,759 units in September 2015, Maruti Suzuki India (MSI) said in a statement. Domestic sales were at 1,37,321 units as against 1,06,083 units in the same month last year, up 29.4 per cent, it said adding this was “also the company?s highest ever domestic monthly sales” beating the previous best of 1,25,778 in July this year.

PTI

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