Meanwhile, the BSE Sensex was down 33.48 points, or 0.37%, to 9001.91.
On BSE, 1.91 lakh shares were traded in the counter. The scrip had an average daily volume of 3 lakh shares in the past one quarter.
The stock hit a high of Rs 622 and a low of Rs 585 so far during the day. The stock had a 52-week high of Rs 945.55 on 5 March 2008 and a 52-week low of Rs 428.40 on 23 January 2009.
The stock had outperformed the market over the past one month till 17 February 2009, rising 1.62% as compared to the Sensex's 3.10% decline. It had also outperformed the market in the past one quarter, gaining 8.86% as compared to the Sensex's fall of 2.76%.
India's largest passenger car maker by sales has an equity capital of Rs 144.46 crore. Face value per share is Rs 5.
The current price of Rs 615 discounts its Q3 December 2008 annualised EPS of Rs 29.57, by a PE multiple of 20.79.
Maruti Suzuki India Chief General Manager (Marketing) Shashank Srivastava yesterday, 17 February 2009, said the company had highest-ever monthly sales in January 2009 and in the current month the company is expecting about five to seven percent growth in sales.
He said in order to meet increasing demand, the company increased production in January 2009 and also in this month. Maruti will be increasing its sales network to 1,000 across the country from the current 600 dealers.
On the export front, he said for the January-March 2009 period, Maruti has received export order for about 23,000 units for its latest model A-Star.
On 2 February 2009, Maruti said its overall sales grew 5.4% with total sales of 71779 units in January 2009 over January 2008. Maruti sold 67,005 units in the domestic market in January 2009, up 5.6% over corresponding month last fiscal. It was a record monthly sales in the domestic market by Maruti in its 25-year history.
Maruti, recently raised price of select vehicles up to Rs 10,000 due to increased input costs and foreign currency changes.
Maruti Suzuki India's net profit fell 54.3% to Rs 213.57 crore on a 2.9% rise in sales to Rs 4537.12 crore in Q3 December 2008 over Q3 December 2007.
The company is engaged in manufacturing, purchasing and selling of motor vehicles and spare parts.
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