Maruti Suzuki India gains on reporting 10% rise in total sales in May
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Maruti Suzuki is currently trading at Rs. 9364.60, up by 36.80 points or 0.39% from its previous closing of Rs. 9327.80 on the BSE.
The scrip opened at Rs. 9365.05 and has touched a high and low of Rs. 9375.95 and Rs. 9316.30 respectively. So far 1597 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 9768.65 on 31-Oct-2022 and a 52 week low of Rs. 7557.60 on 07-Jun-2022.
Last one week high and low of the scrip stood at Rs. 9486.05 and Rs. 9225.00 respectively. The current market cap of the company is Rs. 282633.66 crore.
The promoters holding in the company stood at 56.48%, while Institutions and Non-Institutions held 39.73% and 3.78% respectively.
Maruti Suzuki India has reported 10.33% rise in total sales of 178,083 units in May 2023 as compared to 161,413 units in May 2022. Sales of mini cars, comprising Alto and S-Presso, fell 29 per cent to 12,236 units as compared with 17,408 units a year ago. Sales in the compact segment, including models such as Baleno, Celerio, Dzire, Ignis, Swift, Tour S, WagonR, rose 5.10 per cent to 71,419 units as against 67,947 cars in May 2022. During the month under review, sales of mid-sized sedan Ciaz increased to 992 units over 586 units in May 2022.
Utility vehicle sales, including Brezza, Ertiga, Fronx, Grand Vitara, S-Cross, XL6, rose 64.85 per cent to 46,243 units as compared with 28,051 vehicles in the year-ago month. Exports, however, declined 2.62 per cent to 26,477 units as against 27,191 units in the corresponding month last year.
Maruti Suzuki India 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.
