Maruti Suzuki stock up despite 2% production fall in December 2021

4 Jan 2022 , 01:08 PM

Shares of Maruti Suzuki India (MSI) trading higher on the stock exchange on Tuesday’s trade. The company recorded a 2 per cent fall in production in December 2021. The total production during the reported month was 1,52,029 units compared to 1,55,127 units in the corresponding period, the auto company said.

It informed in a regulatory filing that, MSI said the total passenger vehicle production stood at 1,48,767 units last month, against 1,53,475 units in December 2020.

Maruti Suzuki India Ltd is currently trading at Rs7,634.20 up by Rs114.5 or 1.52% from its previous closing of Rs7,519.70 on the BSE. The scrip opened at Rs7,590 and has touched a high and low of Rs7,645.25 and Rs7,519.25 respectively.

Production of mini cars comprising Alto and S-Presso models was 19,396 units last month as compared to 27,772 units in the year ago period, as per the filing.

Similarly, the manufacturing of compact cars, comprising WagonR, Celerio, Ignis, Swift, Baleno, and Dzire, increased to 86,694 units from 85,103 units earlier, the company said.

Production of utility vehicles – Gypsy, Ertiga, S-Cross, Vitara Brezza, and XL6 – also saw an increase to 31,794 units in December 2021 from 28,006 units in the corresponding month of 2020, it added.