Maruti Suzuki shares zoom 4.2 percent

The shares of Maruti Suzuki zoomed 4.2 per cent on Friday following its net profit as declared in the quarter three results.

Maruti Suzuki's net sales in October to December rose by 46 per cent from year ago to Rs 10,957 crore, following the good sale of its cars in 2012.

The company carries the punch line 'count on us' has been really proven well in India.

The small cars from Maruti Suzuki have been largely accepted by India auto customers. According to media reports the company had topped in the the sales on small cars in 2012.

The company has been one leading car marker of most popular small cars in India.

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Maruti Suzuki shares soar Four Years High

The shares of Maruti Suzuki India Ltd at BSE touched four years high on Monday following rising sales in December 2012. At 11 am on Monday, early trade, the shares were being valued at 1,592.65 (+48.65).

The shares rose by around 3.15 per cent on the first day of the week the highest since December 15, 2009. And depreciation of Japanese Yen was also another cause for the rise in the shares of Maruti on BSE.

The BSE Sensex was up on Monday morning at 19,799.85 points with 15.77 points up or 0.08 per cent increase. And Nifty, in the early trade, zoomed around 0.04 per cent at 6,018.60 with 2.45 points up.

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Maruti Suzuki sales up by 7 percent in 2012

Maruti Suzuki India has witnessed an increase in sales by 7 percent in 2012-13 as compared to 2011-2012. As per the data published on Maruti Suzuki website, at the end of 2011, Maruti Suzuki sold 773361 units of vehicles, including both domestic and international sales. The 2012 sales figure for the same is 827725, which is 7% more than 2011.

If you compare the December month sales only, you’ll find that the sales also increased by 3.2% as compared to 2011. The passengers cars sales also increased by 3.9% as compared to 2011 till, even there is a 0.9% dip in December month sales.

While domestic sales are increasing, the export sales have dipped by 3% and that to 11% in December only. Domestic sales have risen up by 8.4% in December and by 5.9% compared to annual sales of 2011.

Alto, A-Star, WagonR, Seift, Estilo and Ritz are the most selling vehicles of Maruti Suzuki, while SX4 and Kizashi are witnessing a huge dip in both annual and monthly sales. Utility vehicles have seen a huge increase in sales in 2012 with selling more than 60,000 units which was 4,500 in 2011.

For the detailed report follow the Maruti Suzuki sales report.

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Maruti Suzuki cars to cost more from January 2013

In a significant development, the Maruti Suzuki company has declared to hike the price of cars by around 20,000 rupees from January 2013.

Those are planning to buy a car from this company need to pay more the cars from January 2013. But the news of hike in price have pushed the scrips of Maruti Suzuki to one year highest mark.

The share of the Maruti Suzuki company have zoomed around 3 per cent on Friday after the company declared price hike for its cars by next year.

On BSE the shares of Maruti Suzuki touched Rs. 1,533.75 by gained 3.54%  and on NSE its stocks were traded at Rs. 1,535.40 with  3.56% up. 

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