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Tuesday 3 October 2017

SHARE MARKET :-Maruti sales up 9% at 1,63,071 units in September

The countrys largest car maker Maruti Suzuki India (MSI) has reported 9.3%  increase in total sales at 1,63,071 units in September. The company had sold 1,49,143 units in the same month last year. MSIs domestic sales stood at 1,51,400 units, up 10.3 % from 1,37,321 units in September 2016, the company said in a statement. Sales of mini segment cars, including Alto and WagonR, witnessed a 13.3% decline to 38,479 units during the month under review from 44,395 units in September last year, MSI said. The auto major further said sales of the compact segment comprising Swift, Estilo, Dzire and Baleno jumped by 44.7 % to 72,804 units as against 50,324 units earlier. MSI said sales of mid-sized sedan Ciaz declined by 14.4%  to 5,603 units during the month. Sales of utility vehicles, including Gypsy, Grand Vitara, Ertiga, S-Cross and compact SUV Vitara Brezza, increased by 8 % to 19,900 units in September, from 18,423 units in the same month of 2016.

Sales of vans Omni and Eeco increased marginally to 13,735 units last month as against 13,618 units in the year-ago period. Exports in September were down 1.3% to 11,671 units as compared to 11,822 units in the same month last year, MSI said. Meanwhile, shares of the company were trading at Rs 7892.05 apiece, down 1.02 % from the previous close at 10:40 hours on BSE.

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