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Mumbai : Shares of Maruti Suzuki gained further ground on March 1 after the company reported its highest ever monthly sales in February 2010.
During the morning session, the stock surged 1.74 per cent or Rs 25.45 to trade at Rs 1,489. The 30-share Sensex, meanwhile, was trading higher at 16,657, up 227.37 points.
According to a company release, the auto major sold 96,650 vehicles in February 2010 to surpass its previous high of 96,649 recorded in January 2010. The February sales figures also include 11,885 units of exports.
In February 2010, the company sold 84,765 units in the domestic market, up 20 per cent over corresponding month in 2009. This is the highest ever domestic sales in a month.
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