Maruti Suzuki shares surge over 5% on healthy sales numbers

Shares of Maruti Suzuki India Monday gained over 5 percent after the company reported increase in its total sales last month.

Mumbai: Shares of Maruti Suzuki India Monday gained over 5 percent after the company reported increase in its total sales last month.

Stock of the country's largest car-maker climbed 4.71 percent to settle at Rs 2,915.50 on the BSE. During the day, it gained 5.27 percent to Rs 2,931.10 -- its 52-week high.

At the NSE, the scrip rose by 5.14 percent to close the day at Rs 2,927.60.

Maruti Suzuki India today reported 26.9 percent increase in its total sales in August at 1,10,776 units as against 87,323 units in the same month of previous year.

Domestic sales during the month stood at 98,304 units, up 29.3 percent from 76,018 units in August of previous year, Maruti Suzuki India (MSI) said in a statement.

Exports in August were up 10.3 percent to 12,472 units from 11,305 units in the same month of previous year, it added.

Zee News App: Read latest news of India and world, bollywood news, business updates, cricket scores, etc. Download the Zee news app now to keep up with daily breaking news and live news event coverage.