Maruti Suzuki India fell 0.49% to Rs 7426 at 10:30 IST on BSE after the company said that its total sales fell 1.3% to 1.28 lakh units in December 2018 over December 2017.
The announcement was made during trading hours today, 1 January 2019.On the BSE, 91,000 shares were traded in the counter so far compared with average daily volumes of 55,000 shares in the past two weeks. The stock had hit a high of Rs 7480 and a low of Rs 7396.45 so far during the day. The stock hit a 52-week high of Rs 9,922.85 on 24 July 2018. The stock hit a 52-week low of Rs 6,501.65 on 26 October 2018.
Maruti Suzuki India said total domestic sales rose 1.8% to 1.21 lakh units, while total exports declined 36.4% to 6,859 units in December 2018 over December 2017.
Maruti Suzuki India's net profit fell 9.8% to Rs 2240.40 crore on 0.5% increase in net sales to Rs 21551.90 crore in Q2 September 2018 over Q2 September 2017.
Maruti Suzuki India is India's biggest car maker in terms of market share. Japanese parent Suzuki Motor Corporation currently holds 56.206% stake in Maruti Suzuki India (as per the shareholding pattern as on 30 September 2018).
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