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Maruti Suzuki November Sales Register 14% Growth
The sales of the auto major were in line with the estimates and after the sales data, the stock made new highs on the bourses.
In line with the estimates, the country's largest four-wheeler maker, Maruki Suzuki registered a 14% month-on-month growth on the back of strong demand from the domestic markets.
On a year-on-year basis, the auto major recorded 15% growth with sales of 1.45 lakh units in the month of November which is an increase of 14.1% in comparison to the corresponding period last year.
On the export front, sales were nearly muted to 9300 units in the last month. After the sales data, the stock reached a new high of Rs. 8695.
The stock then pared its gains and was last seen trading at Rs. 8674.9 against its previous close of Rs. 8599.10
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