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Maruti Suzuki October sales dip 1.1% to 1.04 lakh units

The company said its domestic sales rose by 1 percent during the month to 97,069 units as against 96,062 units in October, 2013.

Maruti Suzuki October sales dip 1.1% to 1.04 lakh units

Country’s largest car-maker  Maruti Suzuki India (MSI) on Saturday reported a 1.1 percent decline in total sales in October at 1,03,973 units as against 1,05,087 units in the same month last year.

The company said its domestic sales rose by 1 percent during the month to 97,069 units as against 96,062 units in October, 2013.

Sales of mini segment cars, including M800, Alto, A-Star and WagonR, declined by 9.2 percent to 35,753 units compared to 39,379 units in the year-ago month, MSI said in a
statement.

The company said sales of the compact segment comprising Swift, Estilo, Ritz, Dzire declined by 3.5 percent to 37,083 units in October this year as against 38,410 units last year.

MSI said sales of its compact sedan Dzire Tour rose by 42.4 percent during the month under review at 1,408 units as against 989 units in October, 2013.

The sales of company’s mid-sized sedan Ciaz, which was launched in October, stood at 6,345 units. The company had sold 262 units of SX4 sedan in the same period of 2013. There was no sale of premium sedan Kizashi during the month.

Sales of utility vehicles, including Gypsy, Grand Vitara and Ertiga, declined by 16.7 percent at 6,027 units in October this year from 7,236 units in the corresponding month
last year.

Sales of vans — Omni and Eeco — increased by 6.8 percent to 10,453 units in October this year, as against 9,786 units in the same period of previous year. Exports during the
month declined by 23.5 percent to 6,904 units compared to 9,025 units in October last year, MSI said.

Maruti Suzuki stock price

On October 31, 2014, Maruti Suzuki India closed at Rs 3338.35, up Rs 96.20, or 2.97 percent. The 52-week high of the share was Rs 3349.00 and the 52-week low was Rs 1541.25.


The company’s trailing 12-month (TTM) EPS was at Rs 96.45 per share as per the quarter ended September 2014. The stock’s price-to-earnings (P/E) ratio was 34.61. The latest book value of the company is Rs 694.45 per share. At current value, the price-to-book value of the company is 4.81.

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