Maruti Suzuki shares gained more that 2 per cent on the BSE after the auto major, on Saturday, reported a 2 per cent rise in domestic sales for the month of July. The shares of Maruti Suzuki touched an intra-day high of Rs 6433.85, higher by 2.7 per cent, in early trading on the back of the encouraging domestic sales numbers. At 10:15 am, the shares were trading at Rs 6,301.15, up by Rs 40 or 0.6 per cent, on the BSE.
Maruti Suzuki India on Saturday reported total sales of 1,00,000 vehicles in the domestic market in July, including passenger as well as commercial vehicles. That marked a rise of 1.82 per cent compared to the corresponding period a year ago. Total passenger vehicle sales increased 1.34 per cent to 97,768 vehicles, according to the country's largest carmaker by market share. The sales report comes days after the auto major reported its first quarterly loss in 17 years, as a nationwide lockdown to curb the spread of COVID-19 hurt its sales.
The BSE Sensex was trading at 37,205.28, lower by 402 points or 1 per cent and the NSE Nifty was at 10963.55, down 110 points or 0.9 per cent at the time.