Maruti Suzuki India climbed on Friday
after it posted a surge of 2.44 times year-on-year in net profit
for the quarter ended Dec. 31, 2012 to Rs 5.01 billion. This was
due to low base of Rs 2.06 billion in the same period last
year.
Market had expected profit to come at Rs 4.80 billion for the third quarter of financial year 2013.
Net sales has increased by 45.57% at Rs 109.57 billion for the
quarter ended Dec. 31, 2012 as compared to Rs 75.27 billion for the
quarter ended Dec. 31, 2011. 
Shares ofthe companyare trading at Rs
1,597.70, up Rs 61.2, or 3.98% at the Bombay Stock Exchange (BSE)
on Friday at 3:21 p.m.The scrip has touched an intra-day high of Rs
1,607.65 and low of Rs 1,542. The total volume of shares traded at
the BSE is 279,678.In the earlier session, the shares declined
2.39%, or Rs 37.7, at Rs 1,536.50. Currently, the stock is trading
down 0.14% from its 52-week high of Rs 1,599.90 and above 51.87%
over the 52-week low of Rs 1,052.
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