Maruti Suzuki stocks surge over 6% on October sales

Maruti Suzuki's Swift keeps the lead, breaks a-car-a-minute sales barrier


Shares of Maruti Suzuki India on Friday continued to surge for the second straight session, rising over 6 per cent after the carmaker reported an increase in sales at 1,46,766 units in October.

The stock jumped 6.37 per cent to close at Rs 7,136.80 on the BSE. Intra-day, it soared 6.72 per cent to Rs 7,160.90.

The stock was the top gainer among the 30 Sensex companies.

On the NSE, shares of the company climbed 6.31 per cent to settle at Rs 7,135.50.

Shares of Maruti Suzuki India had gained 1.5 per cent on Thursday.

The stock has added Rs 159.455 billion in market valuation in two days to reach Rs 2.1558850 trillion.

The company had sold 1,46,446 units in October last year, Maruti Suzuki India said in a statement.

Domestic sales were up by 1.5 per cent at 1,38,100 units last month as against 1,36,000 units in the same month last year, it added.