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Jul 23, 2012, 12.24 PM IST
Shares in Maruti Suzuki fell more than 5% after the chairman of the auto maker said over the weekend the Manesar factory hit by a deadly riot is not yet ready to reopen.
Shares in Maruti Suzuki
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%.
May 22 2013, 13:11
- in MARKET OUTLOOK
May 22 2013, 10:44
- in Economy