Shares of Maruti Suzuki India rose over 2% on Thursday morning after the company reported a 47% increase in net profit to Rs 3,650 crore for the June quarter. On the NSE, the stock climbed 2.30% to Rs 13,417.05, while on the BSE, it rose 2.06% to Rs 13,439.55. Intraday, shares hit a 52-week high of Rs 13,680 on NSE and Rs 13,675 on BSE. The market valuation increased by Rs 15,941.78 crore to Rs 4.29 lakh crore on BSE. The 30-share BSE Sensex rose by 127 points, and the NSE Nifty gained 61.40 points. Maruti Suzuki’s net sales for the quarter rose to Rs 33,875 crore, with 5,21,868 vehicles sold.
