Maruti Suzuki shares surge over 5% on healthy sales nos

Sep 01 2014, 16:58 IST
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SummaryShares of Maruti Suzuki India today gained over 5 per cent after increase in its total sales last month.

Shares of Maruti Suzuki India today gained over 5 per cent after the company reported increase in its total sales last month.

Stock of the country's largest car-maker climbed 4.71 per cent to settle at Rs 2,915.50 on the BSE. During the day, it gained 5.27 per cent to Rs 2,931.10 -- its 52-week high.

At the NSE, the scrip rose by 5.14 per cent to close the day at Rs 2,927.60.

Maruti Suzuki India today reported 26.9 per cent increase in its total sales in August at 1,10,776 units as against 87,323 units in the same month of previous year.

Domestic sales during the month stood at 98,304 units, up 29.3 per cent from 76,018 units in August of previous year, Maruti Suzuki India (MSI) said in a statement.

Exports in August were up 10.3 per cent to 12,472 units from 11,305 units in the same month of previous year, it added.

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