• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest
• The New Manager

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth

Group Sites

• The Hindu
• The Hindu ePaper
• Business Line
• Business Line ePaper
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

The Rs 5-face value Maruti Udyog stock, which dipped 1.23 per cent on Tuesday to close at Rs 949.85, is being watched for what some analysts say are purely fundamental reasons. These include a clutch of new products in the works and higher sales clocked by some of the more recently launched brands. Last month, for instance, saw the company record 20 per cent increase in domestic sales to over 52,000 units (compared to about 43,500 units), sources said.

The company, which is set to launch a new version of its popular Zen, seems to be competing well with rivals. On Tuesday, the stock peaked at Rs 971 on the NSE. Its 52-week high is Rs 990.70. Total traded quantity for the day stood at 3.37 lakh shares.

Nilanjan Dey

More Stories on : Stock Markets | Stocks | Ear to the ground | Cars | Maruti Udyog Ltd

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Booming retail sector: Toys industry sees ripple effect

Copyright © 2006, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line