Maruti Suzuki Gains After Posting Growth In Domestic Sales In May 2021
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Share price of Maruti Suzuki gained more than one per cent on Wednesday, June 2, a day after the country’s largest car maker announced its total sales of its car units for May 2021. On Wednesday, Maruti Suzuki opened on the BSE at Rs 7,079, swinging to an intra day high of Rs 7,178.50 and an intra day low of Rs 7,044.55, in the trading session so far. According to a regulatory filing by the company to the BSE, Maruti Suzuki reported total sales of 46,555 units in May 2021.(Also Read: Maruti Suzuki Posts Sale Of 46,555 Units In May 2021 )
According to the statement, the total sales of its mini segment which includes models such as Alto and S-Presso stood at 4,760 units. The compact segment including cars such as WagonR, Swift, Celerio, Ignis, Baleno, Dzire, and Tour S stood at 20,343 units. The carmaker’s total domestic passenger car sales stood at 32,903, compared to 13,702 units in the same month last year.
Last month, Maruti Suzuki shut its production between May 1-May 16, so as to divert oxygen supply from industrial use to medical purposes amid the COVID-19 pandemic. Last year in May, Maruti Suzuki witnessed disruption due to the nationwide lockdown.
On the NSE, Maruti Suzuki opened at Rs 7,063.45, inching to an intra day high of Rs 7,184, and an intra day low of Rs 7,063.45, in the session so far. It was last trading 1.31 per cent higher at Rs 7,184 on the NSE.
Shares of Maruti Suzuki were last trading 1.23 per cent higher at Rs 7,178.50 on the BSE.
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