Maruti Suzuki India shares gain on robust sales figures

Maruti Suzuki India shares gained over 2 per cent in the afternoon trade on Monday after the car maker had reported robust sales figure for the month of July on August 1.

Maruti Suzuki India sold a total of 1,21,712 units in July 2015, a growth of 20.1 per cent. This include 1,10,405 units in the domestic market and 11,307 units in exports.

The company had sold a total of 1,01,380 units in the same month last year.

At 1.46 pm, the share price of the Maruti Suzuki India was trading 2.12 per cent higher at Rs 4,422.15 on the BSE. It opened at Rs 4,375.20 and had touched a high and low of Rs 4,437.45 and Rs 4,375.20, in trade so far.

On the National Stock Exchange, it was trading at Rs 4,423.75, up 2.13 per cent against its previous close.

Meanwhile, the BSE Sensex was trading 0.25 per cent higher at 28,185.36.

According to Angel Broking, Maruti Suzuki sales figures stood above market estimates.

Maruti Suzuki India Limited