The auto sales data for the month of December was released on January 1. Maruti Suzuki, the country’s largest automaker, reported bumper numbers, marking a mammoth 30 per cent jump in its December sales numbers. The company shares have also risen accordingly.
Maruti Auto Sales
The company once again emerged as the top-selling car company in the Indian market.
When we take a look at the sales number for the last month of 2024, the company sold a voluminous 1,78,248 car units in December. The total domestic sales in the month stood at 1,32,523 units.
According to Maruti, the company experienced its highest-ever exports in December as it sold 37,419 units.
The company sold a total of 64,212 units in the Utility Vehicles segment . This segment includes the Brezza, Ertiga, Fronx and Jimny among others.
The company also sold 12,788 units of its popular vans or Eeco vans.
The company also sold 12,788 units of its popular vans or Eeco vans. | Representative Image
Maruti also sold 66,437 units of its compact vehicles, a segment that is crucial a price-sensitive Indian markets.
Now, when we look at the company shares, a lot like Mahindra and Mahindra, Maruti shares have also flourished in the intraday trade on January 2.
Maruti Shares Surge At Bourse
Mahindra shares rose by over 3 per cent in the early hours, making it one of the major gainers in the day.
Maruti shares opened at Rs 11,285.00 per share, compared to Rs 11,208.30, where the company shares closed on January 1.
The shares of New Delhi-based company only surged further as the day progressed. At the time of writing the surge in the company shares rose to 4.52 per cent or Rs 506.60 per share. This took the overall value of the company shares to Rs 11,714.90 per share.
In the past five trading sessions, the company shares have risen by 6.49 per cent or Rs 714.40, adding to the increasing value of the company.
