Maruti Suzuki plunges 6% on Manesar plant violence

Maruti Suzuki India, India"s largest carmaker, plunged on Thursday after media reports quoted that the company will keep its Manesar plant shut on Thursday. Company shut down the plant on Wednesday after workers and management clashed violently. A fire broke out on the premises, but it was not clear how it started.Shares ofthe company istrading at Rs 1,141, down Rs 83.3, or 6.80% at the Bombay Stock Exchange (BSE) on Thursday at 9:43 a.m.The plant, in Haryana state, has seen continuing worker unrest, including three work stoppages last year that severely affected production.The scrip has touched an intra-day high of Rs 1,175.00 and low of Rs 1,139.85. The total volume of shares traded at the BSE is 223,390.In the earlier session, the shares gained 2.31%, or Rs 27.7, at Rs 1,224.30. Currently, the stock is trading down 20.11% from its 52-week high of Rs 1,428.20 and above 26% over the 52-week low of Rs 905.55.

Share Price Movement Period Pricein Rs Gain/(Loss) in Rs in % 1 Week 1,194.95 29.35 2.46 1 Month 1,090.80 133.50 12.24 3 Months 1,390.85 (166.55) (11.97) 6 Months 1,099.10 125.20 11.39 1 Year 1,162.05 62.25 5.36 Note: Based on previous day closing price.