Maruti extends rally on new Alto 800 launch

17th October 2012 01:18 PM

Maruti Suzuki India (MSIL), a leading manufacturer of passenger cars in India, continued to gain on Wednesdayfollowinglaunch ofnew "Alto 800" on Tuesday.

New Alto 800 is priced in the range of Rs 2,44,000 to 3,56,000 ex showroom New Delhi. It is said to be over 15% more fuel efficient and better geared for the city conditions. It willavailable in petrol and CNG variant. Shares ofthe companyare trading at Rs 1,380.20, up Rs 13.55, or 0.99% at the Bombay Stock Exchange (BSE) on Wednesday at 12:32 p.m.

In the earlier session, the shares rose 2.13%, or Rs 28.45, at Rs 1,366.65.

The scrip has touched an intra-day high of Rs 1,389.50 and low of Rs 1,370.60. The total volume of shares traded at the BSE is 34,926.Currently, the stock is trading down 3.36% from its 52-week high of Rs 1,428.20 and above 52.42% over the 52-week low of Rs 905.55.

Share Price Movement Period Pricein Rs Gain/(Loss) in Rs in % 1 Week 1,378.25 (11.60) (0.84) 1 Month 1,281.50 85.15 6.64 3 Months 1,117.35 249.30 22.31 6 Months 1,390.85 (24.20) (1.74) 1 Year 1,052.55 314.10 29.84 Note: Based on previous day closing price.
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