Maruti Suzuki rises on the bourses

Maruti Suzuki is currently trading at Rs. 1209.20, up by 6.15 points or 0.51% from its previous closing of Rs. 1203.05 on the BSE.

The scrip opened at Rs. 1200.00 and has touched a high and low of Rs. 1216.25 and Rs. 1195.10 respectively. So far 4,644 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1428.20 on 16-Mar-2012 and a 52 week low of Rs. 905.55 on 19-Dec-2011.

Last one week high and low of the scrip stood at Rs. 1241.00 and Rs. 1181.25 respectively. The current market cap of the company is Rs. 34,935.00 crore.

The promoters holding in the company stood at 54.21% while Institutions and Non-Institutions held 36.71% and 9.08% respectively.

The country’s largest carmaker, Maruti Suzuki India (MSI) has reported 20.30% surge in sales to 96,597 units during June, 2012 as compared to 80,298 units in June last year. The domestic sales were up by 19.30% at 83,531 units in June, compared to 70,020 units in the same month last year while, the exports rose by 27.10% to 13,066 units in June, from 10,278 units in the similar month a year-ago.

Total passenger car sales in the domestic market zoomed by 23.10% to 70,977 units last month from 57,653 units in the same month of 2011. However, sales of mini-segment cars, including the M800, A-Star, Alto and WagonR, fell by 10.40% to 34,198 units during the month, as against 38,183 units in June, 2011.

However, in the compact segment (comprising the Estilo, Swift and Ritz models) the company witnessed a 39.30% jump in June sales to 22,624 units, from 16,239 units in the same month a year ago.

Sales of the company’s DZiRE model last month increased by 452.70% to 13741 units, from 2486 units in June last year. MSI's mid-sized sedan SX4's sales tumbled by 42.80% to 408 units from 713 units in the year-ago month. Luxury sedan Kizashi witnessed 81.30% fall in sales at 6 units as against 32 units in the same month last year.