The company made this announcement during trading hours today, 6 November 2009.

Meanwhile, the BSE Sensex was up 166.62 points, or 1.04%, to 16,230.52.

On BSE, 38,380 shares were traded in the counter as against an average daily volume of 1.74 lakh shares in the past one quarter.

The stock hit a high of Rs 1520 and a low of Rs 1494 so far during the day. The stock had hit a 52-week high of Rs 1740 on 30 September 2009 and a 52-week low of Rs 428.40 on 23 January 2009.

The large-cap stock had underperformed the market over the past one month till 5 November 2009, falling 6.87% as compared to the Sensex's 4.76% fall. It had outperformed the market in the past one quarter, rising 3.32% as compared to the Sensex's return of 1.01%.

The company's equity capital is Rs 144.46 crore. Face value per share is Rs 5.

The current price of Rs 1503.15 discounts the company's Q2 September 2009 annualized EPS of Rs 78.91, by a PE multiple of 19.05.

Mauritius-based HSBC Global Investment Funds, a foreign fund, has increased its stake in the company to 5.01% from 4.94% after acquiring 1.88 lakh shares representing 0.07% of the equity capital of the company through open market purchases on 30 October 2009.

Maruti Suzuki India's total sales surged 32.4% to 85,415 units in October 2009 over October 2008. During the same period, the company's domestic sales rose 21% to 71,551 units and exports accelerated 158.5% to 13,864 units.

Maruti Suzuki, on 21 August 2009, had announced that the government of Haryana allotted 700 acres of land to the company for its proposed research and development (R&D) complex in Rohtak, Haryana.

Maruti Suzuki India's net profit surged 92.5% to Rs 570 crore on 46.6% rise in net sales to Rs 7080.67 crore in Q2 September 2009 over Q2 September 2008. The company declared its results on 24 October 2009.

The company was cautious about the outlook, citing factors such as a rise in aluminium and steel prices and a stronger yen against the rupee, which would push up import costs.

Maruti Suzuki India is engaged in manufacturing, purchasing and selling of motor vehicles and spare parts.