MARUTI SUZUKI Increases Production And Stock Markets Reacted Positively

Shares of Maruti Suzuki India rose over two per cent after the automaker reported increase in total production for November.

The MSI stock was trading 2.19 per cent up to Rs 7,032.90 on the BSE.

On the NSE, the scrip gained 1.99 per cent to Rs 7,024.05.

Maruti Suzuki India (MSI) increased its production in November by 4.33 per cent, after having reduced output for nine straight months due to lower demand.

The company produced a total of 1,41,834 units in the month as against 1,35,946 units in the year-ago period, MSI said in a regulatory filing on Friday.