Maruti Suzuki sold 1.12 lakh units in June, up 33.5 percent (up 12 percent month-on-month) compared to a year-ago period supported by sales of passenger cars like Alto, A-Star, WagonR, Dzire.
Shares of Maruti Suzuki touched a record high of Rs 2,532 on the BSE, up 3.84 percent intraday Tuesday after India's largest car maker reported strong sales data in the month of June. It sold 1.12 lakh units in June, up 33.5 percent (up 12 percent month-on-month) compared to a year-ago period supported by sales of passenger cars like Alto, A-Star, WagonR, Dzire.
Domestic sales of the company jumped 31.1 percent to 1 lakh units compared to corresponding period of last year. Total exports of the company shot up 58.4 percent year-on-year (14 percent M-o-M) to 11,809 units in June while utility vehicle sales increased 0.1 percent Y-o-Y to 5,003 units. Pareek says domestic market share for June 2014 was seen at 45.8 percent but he is not so bullish on exports for FY15.
Passenger cars sales increased 32.3 percent on yearly basis to 86,223 units in June, wherein Dzire reporting sales growth of 27.4 percent and Alto, A-Star and WagonR growth was 52.1 percent. Swift, Estilo, Ritz and Celerio sales grew 6.2 percent on year-on-year basis. WagonR has seen very strong sales in June. the company sold almost 17,000 units of WagonR and 5,000 units of Celerio (which was launched in February) in June. Its vans like Omni and Eeco reported 42.5 percent growth in sales at 9738 units during the same period. At 11:08 hours IST, the stock was quoting at Rs 2,530, up 3.76 percent on the BSE.
Shares of Maruti Suzuki touched a record high of Rs 2,532 on the BSE, up 3.84 percent intraday Tuesday after India's largest car maker reported strong sales data in the month of June. It sold 1.12 lakh units in June, up 33.5 percent (up 12 percent month-on-month) compared to a year-ago period supported by sales of passenger cars like Alto, A-Star, WagonR, Dzire.
Domestic sales of the company jumped 31.1 percent to 1 lakh units compared to corresponding period of last year. Total exports of the company shot up 58.4 percent year-on-year (14 percent M-o-M) to 11,809 units in June while utility vehicle sales increased 0.1 percent Y-o-Y to 5,003 units. Pareek says domestic market share for June 2014 was seen at 45.8 percent but he is not so bullish on exports for FY15.
Passenger cars sales increased 32.3 percent on yearly basis to 86,223 units in June, wherein Dzire reporting sales growth of 27.4 percent and Alto, A-Star and WagonR growth was 52.1 percent. Swift, Estilo, Ritz and Celerio sales grew 6.2 percent on year-on-year basis. WagonR has seen very strong sales in June. the company sold almost 17,000 units of WagonR and 5,000 units of Celerio (which was launched in February) in June. Its vans like Omni and Eeco reported 42.5 percent growth in sales at 9738 units during the same period. At 11:08 hours IST, the stock was quoting at Rs 2,530, up 3.76 percent on the BSE.
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