Maruti Suzuki India Ltd.

Foreign institutional investors (FIIs) have raised their stake in Maruti Suzuki by 33 basis points to 22.08 percent in Q2FY16 from 21.75 percent in Q1FY16. On the other hand, the domestic institutional investors (DIIs) have reduced their shareholding in the company by 15 basis points to 14.43 percent at the end of September 2015 quarter from 14.58 percent as on June 30, 2015. Non Institutions were holding 7.28% stake at the end of September 2015 quarter, down 18 basis points from 7.46% as on Jun 30, 2015.

Maruti Suzuki India, country’s largest car maker, has registered a rise of 3.7% in its total car sales (Domestic + Export) for the month of September 2015 at 113,759 units, as against 109,742 units in 2014. The company’s domestic sales rose by 6.8% in 2015 at 106083 units, as against 99290 units in corresponding month last year.