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 3 per cent to 1,59,691 items. However, on annual foundation Maruti Suzuki gross sales registered sharp uptick since April 2020 had lockdown because of COVID-19 and virtually zero gross sales, Maruti Suzuki mentioned in a press launch.
“Maruti Suzuki India Limited posted total sales of 159,691 units in April 2021. Total sales in the month include domestic sales of 137,151 units, sales to other original equipment makers (OEMs) 5,303 units and exports of 17,237 units,” Maruti Suzuki mentioned.
Its compact gross sales, which embrace WagonR, Swift, Celerio, Ignis, Baleno, Dzire, and Tour S manufacturers, got here in at 72,318 items.
Total passenger automobile gross sales got here in at 98,926 items.
Overall, the whole home gross sales, together with the passenger automobile gross sales and light-weight industrial automobiles stood at 1,37,151 items, in comparison with zero within the year-ago interval. Meanwhile, the whole 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 increased at Rs 6,594, outperforming the Sensex which was down 0.7 per cent.