Maruti's November sales rise 19.5%, stock up

India's passenger car market leader Maruti Suzuki on Monday reported an increase of 19.5 per cent in sales for November, which stood at 110,147 units up from 92,140 units in Nov 2013.

According to the company , its domestic sales grew by 17 per cent in the month under review which stood at 100,024 units from 85,510 units sold in Nov 2013.

Exports for the month under review zoomed by 52.7 per cent, as the company shipped-out 10,123 units from 6,630 units sold abroad in the comparable period last year.

The off-take of company's best seller passenger car segment, which includes brands like Alto, WagonR, Ritz, Celerio, Swift, Dzire and Ciaz rose by 14.9 percent in Nov 2014.

The company reported sales of 82,306 units from 71,649 units retailed during Nov 2013.

Sales of vans like Omni and Eeco rocketed by 52.1 percent at 12,203 units from 8,021 units sold in Nov 2013.

However, sales of Gypsy, Grand Vitara and Ertiga decreased by 5.6 per cent at 5,515 units from 5,840 units sold in the corresponding period of last year. 

The stock was trading 1.81 per cent higher at Rs 3396.60 on the BSE.