Maruti Suzuki sales up 23.4% in April
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NEW DELHI: The country's largest car maker Maruti Suzuki on Monday reported 23.4% increase in domestic sales at 144492 units for April.
The company had sold 117045 units in the corresponding period of the last financial year.
While sales of small cars - Alto and WagonR - went up by 21.9% to 38897 units, those of compact cars (Swift, Celerio, Ignis, DZire, DZire Tour, Baleno) rose by 39.1% to 63584 units. Ciaz sales grew by 23.2% to 7024 units.
The company sold 20638 units of utility vehicles Ertiga, Brezza, Gypsy and S-Cross, which is an increase of 28.6% over 16044 units sold in the year-ago period.
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Prime Minister Narendra Modi on Thursday claimed that former premier Rajiv Gandhi abolished the inheritance tax in 1985 after the death of his mother Indira Gandhi to save her wealth from going to the government, continuing his attack on the Congress on the wealth redistribution issue.
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Shares of Housing & Urban Development Corporation (HUDCO) hit a record high of Rs 234.30, zooming 15 per cent on the National Stock Exchange (NSE) in Friday's intra-day trade amid heavy volumes on expectations of good growth going forward. Last week, the Department of Public Enterprises (OPE) granted the Navratna Status to HUDCO.
The stock of the state-owned financial institution surpassed its previous high of Rs 226.95 touched on February 2, 2024. It has bounced back 43 per cent from the low of Rs 163.80 hit on March 13.
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Shares of GMR Airports Infrastructure shot up 8.2 per cent at Rs 92.34 a piece on Friday’s intraday trade. A combined 3.07 million shares of the company changed hands on the BSE. In comparison the S&B BSE Sensex fell by 0.31 per cent 74,109 levels.
The stock of GMR Airports reached a 52-week high of Rs 94.30 on February 20, 2024, while it hit a 52-week low at Rs 40 on May 29, 2023.
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