Maruti Suzuki August 2020 Sales Number - Mr. Jyoti Roy , DVP- Equity Strategist, Angel Broking Ltd

"Maruti Suzuki reported better than expected sales numbers for the month of August 2020. Domestic sales for the month of August was up by 17.1% yoy to 1,24,624 units. Domestic sales for the month was up by 21.7% to 115,325 units while exports were down by 15.3% YoY to 7,920 units. We expect the company to continue posting strong growth numbers over the next couple of months due to pent up demand along with inventory push before the festive season. Low base of last year will also help growth numbers."

Shares of MARUTI SUZUKI INDIA LTD. was last trading in BSE at Rs.6911.6 as compared to the previous close of Rs. 6837.9. The total number of shares traded during the day was 26344 in over 5215 trades.

The stock hit an intraday high of Rs. 7018 and intraday low of 6807.6. The net turnover during the day was Rs. 182529762.

Source : Equity Bulls

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