Stocks

Maruti Suzuki falls over 2% on lower sales

BL Internet Desk | Updated on August 01, 2018 Published on August 01, 2018

Shares of the country's largest passenger car manufacturer, Maruti Suzuki India, fell as much as 2.1 per cent to Rs 9,308.55 against the previous close of Rs 9,506.40.

After opening strong at Rs 9,512, the stock touched intraday high of Rs 9,590 and a low of Rs 9,308.55 on the BSE. On the NSE, the stock hit intraday high of Rs 9,587.75 and a low of Rs 9,301.40.

At 11.45 am, the company shares were 1.87 per cent at Rs 9,328.90 on the BSE. On the NSE, the stock was down 2.14 per cent at Rs 9,316.40. In terms of equity volume, 0.27 lakh shares changed hands on the BSE.

The company has reported domestic sales of 1,52,427 units of passenger vehicles in July, marginally down compared with 1,53,298 units in the same month last year. The compact segment (like Swift, Dzire, Baleno) contributed the most to the numbers with 74,373 units (63,116 units).

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Published on August 01, 2018
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