Maruti Suzuki October sales up 2 %

Country\'s largest carmaker Maruti Suzuki India (MSI) today reported 1.91 percent increase in total sales for October at 1,05,087 units as against 1,03,108 in the same month last year.



The company said its domestic sales increased marginally during the month to 96,062 units as against 96,002 vehicles in October last year.



Sales in mini-car segment, including M800, Alto, A-Star and WagonR, declined by 6.8 percent to 39,379 units as compared to 42,233 in the year-ago month, MSI said in a statement.



Also read: Maruti upbeat for FY14 after posting stellar nos in Q2



The company said sales in the compact segment comprising Swift, Estilo, Ritz declined by 1.2 percent to 22,188 units in October this year as against 22,459 units in the same month in 2012. MSI said sales of its popular compact sedan Dzire rose by 19.6 percent during the month under review at 17,211 units as against 14,389 in October 2012.



The company\'s mid-sized sedan SX4 registered a decline of 62.3 percent to 262 units as against 695 in the same month last year. There was no sale of premium sedan Kizashi during the month.



Sales of utility vehicles, including Gypsy, Grand Vitara and Ertiga, stood at 7,236 units in October this year, down 2.2 percent from 7,400 units in the corresponding month last year. Sales of vans - Omni and Eeco - rose by 11.3 percent to 9,786 units in October this year as compared to 8,791 units in the same period of previous year. Exports during the month rose by 27 percent to 9,025 units as compared to 7,106 units in October last year, MSI said.



Kalam calls upon youths to strive for \"culture of excellence\"



On November 01, 2013, at 13:29 hrs Maruti Suzuki India was quoting at Rs 1635.10, up Rs 1.40, or 0.09 percent. The 52-week high of the share was Rs 1773.45 and the 52-week low was Rs 1217.00.



The company\'s trailing 12-month (TTM) EPS was at Rs 100.73 per share as per the quarter ended September 2013. The stock\'s price-to-earnings (P/E) ratio was 16.23. The latest book value of the company is Rs 615.03 per share. At current value, the price-to-book value of the company was 2.66.
News From: http://www.7StarNews.com