Maruti Suzuki is one of the biggest automakers in the world and is, by a long distance, the largest automobile company in India. The company reported its monthly auto sales data for the month of November on December 1.
Maruti's Auto Sales For November
The Delhi-based company has managed to attain overall sales numbers of 181,531 units for the month of November.
As a result of this development, the shares of the company listed on NSE jumped in th early hours of the day's trade on Monday, December 2.
10 per cent YOY Growth
When we look at the auto sales numbers themself, there has been a 10.39 per cent jump in the auto sales numbers compared to the concurrent month of the previous fiscal year. In November of 2023, the cumulative auto sales stood at 164,439 units.
The company's overall domestic sales stood at 1,52,898 units. While total exports stood at 28,633 units. |
However, it also needs to be noted, that the makers of WagonR and Swift sold as many as 2,06,434 units in October. The month of November was also crucial, given that the month was at the peak of festivities in India, with Deepavali and other crucial occasions/festivals being observed in the 10th month of the year.
The company's overall domestic sales stood at 1,52,898 units. While total exports stood at 28,633 units. In addition, Maruti sold as many as 71,123 units in the Mini and compact segment. It also sold 59,003 units in the Utility vehicles section and 10,589 units in the vans section.
Maruti Suzuki Shares
When we take a look at the company's performance at the equity markets, the value of Maruti Suzuki rose by over 1 per cent. At the time of writing this surge rose even further, jumping by 1.75 per cent or Rs 193.80.
This took the overall of the company shares to Rs 11,268.00 per share. In the past 5 trading sessions, the company shares have risen by 1.97 per cent or Rs 218.00 per piece.
