Maruti Suzuki India gains on repoting marginal rise in total sales during July
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Maruti Suzuki India is currently trading at Rs. 9760.00, up by 44.75 points or 0.46% from its previous closing of Rs. 9715.25 on the BSE.
The scrip opened at Rs. 9739.95 and has touched a high and low of Rs. 9789.00 and Rs. 9640.40 respectively. So far 2274 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 10036.70 on 05-Jul-2023 and a 52 week low of Rs. 8076.65 on 26-Dec-2022.
Last one week high and low of the scrip stood at Rs. 9891.00 and Rs. 9551.00 respectively. The current market cap of the company is Rs. 293478.33 crore.
The promoters holding in the company stood at 56.48%, while Institutions and Non-Institutions held 40.01% and 3.51% respectively.
Maruti Suzuki India has reported 3 per cent increase in total sales at 1,81,630 units in July, riding on the back of demand for its utility vehicle range. The company had dispatched a total of 1,75,916 units to its dealers in the same month last year. Total domestic passenger vehicle sales were at 1,52,126 units as compared to 1,42,850 units in the year-ago month, a growth of 6 per cent. Sales of mini segment cars, comprising Alto and S-Presso, declined to 9,590 units as against 20,333 units in July 2022.
Sales of compact cars, including Baleno, Celerio, Dzire, Ignis, and Swift, also fell by 21 per cent to 67,102 units as compared with 84,818 units in the year-ago period. Utility vehicles, consisting of Brezza, Ertiga, Fronx, Grand Vitara, Jimny and XL6, clocked sales of 62,049 units last month, a jump of over two-fold as against 23,272 units dispatched in July 2022. Its exports last month stood at 22,199 units over 20,311 units in the same 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.
