Maruti Suzuki India fell 1.3% to Rs 7,368.80 at 15:12 IST on BSE after the company today announced a price change for select models owing to increase in commodity prices and foreign exchange rates.
The announcement was made during trading hours today, 10 January 2019.On the BSE, 39,000 shares were traded in the counter so far compared with average daily volumes of 58,000 shares in the past two weeks. The stock had hit a high of Rs 7,502.05 and a low of Rs 7,220 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'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 today announced a price change for select models owing to increase in commodity prices and foreign exchange rates etc. The price change varies across models and ranges upto Rs 10000 (Ex-Showroom - Delhi). The new prices are effective from 10 January 2019.
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).
Powered by Capital Market - Live News
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)