Comments
The market has reacted sharply to the strike called at Maruti’s plant in Manesar. The stock was down 6.47 per cent at Rs 1,145 on the BSE at 10.14 am. The stock closed the session yesterday at Rs 1,224.30 and opened on a weak note at Rs 1,175.
The weighted average price of the stock is Rs 1,148.74.
The plant was closed yesterday after violence broke out between workers and the managerial staff. One person was killed and about 90 injured in the incident.
In FY 2011-12, the company reported revenues of Rs 35,587.09 crore and a net profit of Rs 1,635.14 crore.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.