Maruti Suzuki’s Total Sales Zooms In November

In the month of November 2014, automobile manufacturer Maruti Suzuki India shares have moved up by 2.01% to Rs 3,403 (at 12:06 pm) on the Bombay Stock Exchange (BSE) after reporting 19.5% year on year (YoY) hike in its total sales to 110,147 units. If we look at the company’s previous year figures, MSI had sold 92,140 units during Nov (the month under review).

As per a statement issued by the company, last month Maruti reported a domestic sales at 100,024 units, which is 17% high as compared to 85,510 units in November last year.

Looking at the exports figures, the country's largest car-maker exported 10,123 vehicles in November 2014, up 52.7% as against 6,630 units sold during the same period last year.

In October, Maruti had reported a 1.1% decline in total sales; at 103,973 units as compared to 105,087 units in the same period in 2013.

Today, the stock of Maruti Suzuki India opened at Rs 3,340 and hit lifetime high of Rs 3,415 on the Mumbai-based exchange.
(Image: The Economic Times)