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Maruti Suzuki India Ltd announces 18.10% fall in production during May 2019

Posted On: 2019-06-08 11:24:01

Maruti Suzuki India Ltd has announced the production figures of various vehicles that it manufactures in various manufacturing facilities for May 2019. The company has announced total production of 151188 units in May 2019 as against 184612 units in May 2018, a drop of 18.10% YoY.

The company has produced 148095 passenger vehicles in May 2019 as compared to 182571 in May 2018, a drop of 18.88% YoY.

The company has reported 51.54% growth in production of Light Commercial Vehicles (LCVs) during May 2019 at 3093 units as against 2041 units in May 2018.

The above production data also includes production from Suzuki Motor Gujarat Private Limited and vehicles manufactured for sale to other OEM(Domestic).

Shares of MARUTI SUZUKI INDIA LTD. was last trading in BSE at Rs.6947.6 as compared to the previous close of Rs. 6983.9. The total number of shares traded during the day was 23769 in over 3339 trades.

The stock hit an intraday high of Rs. 6999.55 and intraday low of 6867. The net turnover during the day was Rs. 164883703.


Source: Equity Bulls

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