Maruti Suzuki India sells over 1.84 lakh vehicles in August, exports up
Leading automaker Maruti Suzuki India on Tuesday said it sold 184,727 vehicles in the month of August, up from 181,343 units sold in the same month last year.
Shares of Maruti Suzuki India (MSI) on Tuesday gained nearly 3 per cent after the company reported 17.1 per cent increase in sales in August.
The company’s stock rose by 2.63 per cent to Rs 7,018 on the BSE. Its shares jumped 2.61 per cent to Rs 7,018.70 on the NSE.
At 1.44 PM, Maruti shares were at 1.66 per cent with Rs 6,951.25 on BSE.
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Earlier in the day, the country’s largest carmaker reported 17.1 per cent increase in sales at 1,24,624 units in August.
The company had sold 1,06,413 units in August last year, MSI said in a statement.
Domestic sales increased by 20.2 per cent to 1,16,704 units last month, as against 97,061 units in August 2019, it added.
Sales of mini cars comprising Alto and WagonR stood at 19,709 units as compared to 10,123 units in the same month last year, up 94.7 per cent.
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