Shares of the nation’s largest automobile maker, Maruti Suzuki rose as a lot as 2.26 per cent to hit an intraday excessive of Rs 6,606.40 after it reported gross sales for the month of in April. On a month-to-month foundation, Maruti Suzuki’s gross sales fell three per cent to 1,59,691 items. Nonetheless, on annual foundation Maruti Suzuki gross sales registered sharp uptick since April 2020 had lockdown on account of COVID-19 and virtually zero gross sales, Maruti Suzuki stated in a press launch.
“Maruti Suzuki India Restricted posted whole gross sales of 159,691 items in April 2021. Complete gross sales within the month embrace home gross sales of 137,151 items, gross sales to different authentic tools makers (OEMs) 5,303 items and exports of 17,237 items,” Maruti Suzuki stated.
Its compact gross sales, which embrace WagonR, Swift, Celerio, Ignis, Baleno, Dzire, and Tour S manufacturers, got here in at 72,318 items.
Complete passenger automobile gross sales got here in at 98,926 items.
Total, the full home gross sales, together with the passenger car gross sales and lightweight industrial automobiles stood at 1,37,151 items, in comparison with zero within the year-ago interval. In the meantime, the full home gross sales registered in April 2019 stood at 1,33,704 items. this means that Maruti Suzuki’s home gross sales in April 2021 have surpassed the corresponding month’s mark of 2019.
As of 11:50 am, Maruti Suzuki shares traded 2 per cent greater at Rs 6,594, outperforming the Sensex which was down 0.7 per cent.