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Maruti shares up on hopes Manesar plant will re-open

 Habil Khorakiwala, chairman of Wockhardt

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New Delhi: Shares in carmaker Maruti Suzuki gained 1.8 per cent on rising hopes that the auto maker will announce a resumption of production at its Manesar plant.
Speculation that the auto maker could make an announcement as early as Monday is driving up the shares, traders say.

The plant in Manesar has been shut since mid-July following a violent clash between workers and management.


Copyright Thomson Reuters 2012



Story first published on: August 13, 2012 15:11 (IST)

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