Maruti Suzuki February Sales Improved by 11 percent

Maruti_Suzuki

The forerunner in the passenger car segment-Maruti Suzuki has professed its February sales number. The total sales number which contains the domestic plus exports has amplified by 11% in February 2017, as compared to the facts in February 2016.

The firm has sold a total of 1,30,280 units in the month of February 2017. The total domestic sales improved by 12% and stood at 1,20,735 things, while the exports sales stood at 9,545 units which has augmented by 2.2%, as compared to the sales number of February 2016.

The exciting part is that the sale of utility vehicles similar Gypsy, Ertiga, S-Cross and Vitara Brezza has enlarged by 111% on a YoY basis.

The stock of the company while filing this report, is trading with a gain. In the last one year, the stock has given a return of 71%; outpacing BSE Sensex and Auto index.

HDFC Mutual Fund is the top mutual fund which has invested in the stock of the company. Maruti Suzuki India Ltd is currently trading at Rs 5961.45, up by Rs 38.6 or 0.65% from its preceding closing of Rs 5922.85 on the BSE.

The scrip opened at Rs 5972 and has touched a high and low of Rs 5997 and Rs 5938.45 respectively. So far shares were traded on the counter. The current market cap of the company is Rs 178917.45 crore.

The BSE group ‘A’ stock of face value Rs 5 has warmed a 52 week high of Rs 6230.3 on 08-Feb-2017 and a 52 week low of Rs 3202.1 on 29-Feb-2016. The Last one week high and low of the scrip stood at Rs 6118 and Rs 5913.1 correspondingly.

The promoters stock in the company stood at 56.21 % while Institutions and Non-Institutions seized 36.88 % and 6.91 % respectively.