Country's largest car-maker Maruti Suzuki India (MSI) reported a marginal decline in total sales at 1,09,104 units in February, against 1,09,567 units in the same month last year.
Leading car makers Maruti Suzuki India , Hyundai Motor India, Toyota Kirloskar Motor today reported decline in domestic sales in February, as the Indian auto market continued to reel under a prolonged slump.
Country's largest car-maker Maruti Suzuki India (MSI) reported a marginal decline in total sales at 1,09,104 units in February, against 1,09,567 units in the same month last year. The company said its domestic sales rose by 1.8 per cent during the month to 99,758 units as against 97,955 units in February, 2013.
Maruti Sales of mini segment cars -- M800, Alto, A-Star and WagonR -- declined by 9.6 per cent to 37,342 units as compared to 41,311 units in the year-ago month, MSI said in a statement.
Also Read: Gujarat pact to add Rs 1500cr to Maruti bottomline: Bhargava
Hyundai Motor India reported a 14.9 per cent decline in total sales in February at 46,505 units compared with 54,665 in the same month last year. The company's domestic sales were little changed at 34,005 units from 34,002 units in February 2013.
Mahindra & Mahindra 's domestic sales dipped 12 percent at 42,166 in February compared to the same month previous year.
Toyota Kirloskar Motor reported 19.27 per cent decline in its total sales at 11,284 units in February, 2014.
However, two-wheeler manufacturer TVS Motor reported a 7 percent uptick in sales at 1.77 lakh units, with exports up 31 percents at 28,782 units (Y-o-Y).
(With inputs from PTI)
Maruti Suzuki stock price
On February 28, 2014, Maruti Suzuki India closed at Rs 1586.30, down Rs 75.4, or 4.54 percent. The 52-week high of the share was Rs 1864.00 and the 52-week low was Rs 1217.00.
The company's trailing 12-month (TTM) EPS was at Rs 106.68 per share as per the quarter ended December 2013. The stock's price-to-earnings (P/E) ratio was 14.87. The latest book value of the company is Rs 615.03 per share. At current value, the price-to-book value of the company is 2.58.
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