Auto / Maruti Suzuki Shares Fall After Reports of Cut in Production

The Quint : Mar 18, 2019, 04:20 PM

India's biggest car manufacturer Maruti Suzuki India Ltd (MSIL) is estimated to have cut its production by 26.8 percent, to 126,000 units from last year's 172,000 units for the same month. The company's shares fell about 4 percent after the reports of the estimated drop in production surfaced, the Business Standard report said. It was trading at Rs 6,780 on the Bombay Stock Exchange (BSE) in the early hours of Monday