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Published on 1/03/2021 11:45:37 AM | Source: Accord Fintech

Maruti Suzuki rides high on reporting 12% rise in February sales

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Maruti Suzuki India is currently trading at Rs. 7005.25, up by 132.60 points or 1.93% from its previous closing of Rs. 6872.65 on the BSE.

The scrip opened at Rs. 6950.00 and has touched a high and low of Rs. 7032.85 and Rs. 6931.00 respectively. So far 35613 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 8400.00 on 13-Jan-2021 and a 52 week low of Rs. 4002.00 on 03-Apr-2020.

Last one week high and low of the scrip stood at Rs. 7321.00 and Rs. 6301.20 respectively. The current market cap of the company is Rs. 211560.26 crore.

The promoters holding in the company stood at 56.37%, while Institutions and Non-Institutions held 38.75% and 4.88% respectively.

Maruti Suzuki India has reported total sales of 164,469 units in February 2021, as compared 147,110 units in February 2020, registering rise of 11.8%. Total sales include domestic sales of 147,483 units and 5,500 units for other OEMs. In addition, the Company exported 11,486 units in February 2021.

The company sold 23,959 vehicles under mini segment (including Alto, S-Presso) in February 2021, as against 27,499 units sold in corresponding month previous year. The company sold 80,517 vehicles under Compact segment; 69,828 vehicles under Midsize category. The company has also sold 2,722 vehicles under Light CV segment (including super carry) in February 2021.

Maruti Suzuki India (formerly known as Maruti Udyog) is an automobile manufacturer in India. It provides passenger cars, utility vehicles and vans. The firm also offers pre-owned car sales, fleet management and car financing services.

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