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Maruti Suzuki hits 52-wk low on poor Q1 results

26 Jul 10 12:49 PM
Money Control
Maruti Suzuki touched a 52-week low of Rs 1,202.40. At 09:05 hrs the share was quoting at Rs 1,250, down Rs 108.25, or 7.97%.

The company has announced its first quarter results. The company's Q1 net profit was down 20.37% at Rs 465 crore versus Rs 584 crore. Its net sales were up 26.98% at Rs 8051 crore versus Rs 6340 crore.

It was trading with volumes of 79,734 shares. On Friday the share closed up 0.33% or Rs 4.50 at Rs 1,358.25.