Maruti Suzuki hits Record high on surge in Production

Shares of Maruti Suzuki India rose over 2 per cent, hitting 52-week high, on the Bombay Stock Exchange after the car maker said that its production grew 3.25 per cent to 1.27 lakh units in August 2016 on the year-on-year basis. 

The auto major has reported an increase of 12.2 per cent in its total sales in August at 1,32,211 units as compared to 1,17,864 units during the same period a year ago. Boosted by the development, shares of company gained as much as 2.29 per cent and touched 52-week high to trade at 5277.00 apiece on Bombay Stock Exchange. 

 

In a similar fashion, stocks of company rose 1.93 per cent to Rs 5,260.00 apiece on National Stock Exchange. Meanwhile, the broader benchmark BSE Sensex was trading at 28,814.71, up 282.06 points, or 0.99 per cent.

 

Get live Nifty Future Tips News Updates visit us : http://www.ripplesadvisory.com/nifty-future-.php or Get Two Days Free Trial just on One Missed Call @98-27-80-80-90