Maruti Suzuki India Ltd Hits Record High Sales Post July

Maruti Suzuki India Hits Record High Post July Sales

Maruti is known for his new creativeness in every project and excellent designing in it’s every model of cars. This time the thing is on another level, Maruti Suzuki India which is one of the world’s biggest and most desiring car production company in the world.

This time Maruti has shown an excellent growth and amazing aspect of the business. The company has shown a record high of Rs 4,888, up 2.8% on the BSE, after the company reported 12.7% year-on-year (YoY) growth in total sales at 137,116 units in July 2016. The passenger vehicles manufacturer had sold a total of 121,712 units in July 2015.

Maruti Suzuki India Hits Record High Post July Sales

The company sold a total of 125,778 vehicles in domestic market during the month as compared with 110,405 units in July 2015.

This is the company’s highest ever sales in a month in the domestic market, Maruti Suzuki India said in a release.

The utility vehicles segment reported 152% YoY growth in sales with models such as Gypsy, Ertiga, Grand Vitara, S-Cross and Vitara Brezza at 17,382 units last month as compared with 6,916 units in July last year. The sales of its sedan Ciaz grew 146% YoY at 5,162 units during the month against 2,099 units in July 2015, it added.

At 12:03 pm, the stock was up 2.4% at Rs 4,871 on the BSE, compared to 0.2% rise in the S&P BSE Sensex. A combined 766,395 shares changed hands on the counter on the BSE and NSE so far.