India's largest passenger car company Maruti Suzuki India Limited on Saturday reported a total sales of 159,691 units in April 2021. The company says, total sales in the month include domestic sales of 137,151 units, sales to other OEMs at 5,303 units and exports of 17,237 units. The company had sold 632 vehicles during April 2020 and 143,245 units in 2019.
"Since April 2020 had lockdown due to Covid-19 and almost zero sales, a comparison with April 2020 doesn't have any meaning," the company said in a statement.
As the result is released on Saturday, being the market holiday, Maruti Suzhi stock will be reacted in trade on Monday, based on this result. When a company’s earnings are up, its stock price is likely to follow.
Shares of Maruti Suzuki India Ltd. was last closed in NSE at Rs. 6,438.35 as compared to the previous close of Rs. 6,565.65. The total Traded Volume (shares) during the day was 8,49,997.
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