Small BusinessMaruti Suzuki shrugs off Q3 numbers, ends flat
Maruti Suzuki has ended at Rs 1433, down Rs 6 or 0.4%, on the BSE.
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The shares opened at Rs 1459 and touched a high of Rs 1487 and a low of Rs 1430 during the day.
The counter saw trading volumes of 2.31 lakh shares as against the two-week average of 1.65 lakh shares.
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Maruti Suzuki has shot up on the bourses after reporting an astounding set of numbers in the December quarter. The stock is trading at Rs 1474, stronger by Rs 34 or 2.3%, on the BSE. The shares had opened at Rs 1459 and have touched a high of Rs 1487 and a low of Rs 1451 thus far.
The auto major reported a 222 per cent surge in Q3 net profit for the quarter ended December 2009 at Rs 687.53 crore as against Rs 213.57 crore in the corresponding quarter a year ago.
The total income increased 58 per cent to Rs 7,594.10 crore from Rs 4,803.50 crore.