Maruti Suzuki India Ltd.

Auto stocks gained momentum after petrol price was cut by Rs 2.46 per litre, the second reduction this month. The automobile industry has been reeling under a demand slump as petrol vehicles found lesser buyers due to high price of the fuel with more and more consumers opting for diesel vehicle.

Maruti Suzuki India is currently trading at Rs 1170.10, up by 51.60 points or 4.61% from its previous closing of Rs 1118.50 on the BSE. The scrip opened at Rs 1135.10 and has touched a high and low of Rs 1176.00 and Rs 1135.10 respectively. So far 111548 shares were traded on the counter.

Mahindra & Mahindra is currently trading at Rs 707.05, up by 17.40 points or 2.52% from its previous closing of Rs 689.65 on the BSE. The scrip opened at Rs 697.00 and has touched a high and low of Rs 712.75 and Rs 697.00 respectively. So far 100391 shares were traded on the counter.

Hero MotoCorp is currently trading at Rs 2139.00, up by 51.20 points or 2.45% from its previous closing of Rs 2087.80 on the BSE. The scrip opened at Rs 2090.00 and has touched a high and low of Rs 2149.95 and Rs 2090.00 respectively. So far 38542 shares were traded on the counter.

Bharat Forge is currently trading at Rs 296.50, up by 5.60 points or 1.93% from its previous closing of Rs 290.90 on the BSE. The scrip opened at Rs 294.00 and has touched a high and low of Rs 297.90 and Rs 293.00 respectively. So far 60452 shares were traded on the counter.