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Maruti Suzuki India surges on reporting 10% rise in total sales in November
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Maruti Suzuki India is currently trading at Rs. 11271.20, up by 198.70 points or 1.79% from its previous closing of Rs. 11072.50 on the BSE.
The scrip opened at Rs. 11105.05 and has touched a high and low of Rs. 11320.10 and Rs. 11105.05 respectively. So far 6405 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 13675.00 on 01-Aug-2024 and a 52 week low of Rs. 9738.40 on 18-Jan-2024.
Last one week high and low of the scrip stood at Rs. 11320.10 and Rs. 10879.30 respectively. The current market cap of the company is Rs. 355290.63 crore.
The promoters holding in the company stood at 58.19%, while Institutions and Non-Institutions held 38.50% and 3.31% respectively.
Maruti Suzuki India has reported a 10 per cent year-on-year increase in its total sales at 1,81,531 units in November 2024. The automaker had dispatched 1,64,439 units to its dealers in November 2023. Total domestic passenger vehicle wholesales were at 1,41,312 units in November 2024 as compared with 1,34,158 units in the year-ago month, a growth of 5 per cent.
Sales of mini segment cars, comprising Alto and S-Presso, stood at 9,750 units in November 2024 as against 9,959 units in November 2023. Sales of compact cars, including Baleno, Celerio, Dzire, Ignis, Swift and WagonR, declined to 61,373 units in November 2024 as compared to 64,679 units in the year-ago month. Utility vehicles, consisting of Brezza, Ertiga, Fronx, Grand Vitara, Invicto, Jimny and XL6, clocked sales of 59,003 units in November 2024 as compared to 49,016 units earlier.
Sales of van Eeco were at 10,589 units in November 2024 as against 10,226 units in November 2023, while that of light commercial vehicle Super Carry stood at 2,926 units as against 2,509 units earlier. The company’s exports in November 2024 stood at 28,633 units as compared to 22,950 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.
