Maruti Suzuki shares end lower as sales decline in March

April 01, 2015 06:34 pm | Updated 06:34 pm IST - Mumbai

A file photo of Shinzo Nakanishi, Managing Director and CEO of Maruti Suzuki India.

A file photo of Shinzo Nakanishi, Managing Director and CEO of Maruti Suzuki India.

Shares of Maruti Suzuki India on Wednesday fell by nearly 2 per cent after the company reported a marginal 1.6 per cent decline in total sales for March.

The scrip ended 1.53 per cent lower at Rs. 3,642.55 on the BSE. During the day, it lost 2.62 per cent to Rs. 3,602.

On the NSE, it settled with a loss of 1.60 per cent at Rs. 3,638.15.

Country’s largest car-maker MSI reported 1.6 per cent decline in its total sales for March at 1, 11,555 units as against 1, 13,350 units in the same month a year ago.

The company said its domestic sales increased by 1.4 per cent during the month to 1, 03,719 units as against 1, 02,269 units in March 2014.

In the broader market, the BSE index, Sensex, ended with a sharp gain of 302.65 points at 28,260.14.

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