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Maruti woes: 2 lakh staff to go on hunger strike on Jun 17

Two lakh workers of Maruti to go on hunger strike on June 17. The supply of Maruti's Sx4, Swift, Dzire has stopped since both are manufactured at Manesar plant reports CNBC-TV18 quoting Sources.

June 16, 2011 / 12:38 IST

Two lakh workers of Maruti to go on hunger strike on June 17. The supply of Maruti's SX4, Swift, Dzire has stopped since both are manufactured at Manesar plant reports CNBC-TV18 quoting Sources.

Workers in about 65 factories in the Gurgaon- Manesar industrial belt have decided to "work empty stomach" on June 17 and hold a two-hour tool-down strike on June 20 from 11 am to 1pm to support the striking employees of Maruti.

Maruti Suzuki has touched an intraday high of Rs 1,198.00 and an intraday low of Rs 1,191.10. At 09:38 hrs the share was quoting at Rs 1,193.35, down Rs 17.15, or 1.42%.
 
It was trading with volumes of 4,998 shares, compared to its 5-day average of 77,392 shares, a decrease of -93.54%.
 
In the previous trading session, the share closed down 1.01% or Rs 12.30 at Rs 1,210.50. The company touched its 52-week high Rs 1,599.90 and 52-week low Rs 1,125.90 on 01 Nov, 2010 and 21 Mar, 2011, respectively.
 
Currently, it is trading -25.41% below its 52-week high and 5.99% above its 52-week low.

first published: Jun 16, 2011 09:38 am

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