Maruti Suzuki postpones launch of new car; stk slips 5%

Maruti Suzuki's RC Bhargava also said it was impossible to import extra vehicles or shift lost production to another plant. Also, the company has postponed the launch of new 800 cc small car.

Its Manesar plant in Haryana was hit by a violent clash between works and management last week.

Maruti Suzuki India touched an intraday high of Rs 1,107.00 and an intraday low of Rs 1,082.50. At 10:41 hrs the share was quoting at Rs 1,085.30, down Rs 59.25, or 5.18%.
 
It was trading with volumes of 150,954 shares. In the previous trading session, the share closed up 2.43% or Rs 27.20 at Rs 1,144.55.