Maruti Suzuki’s Q3 net jumps 47%
Maruti Suzuki India has reported results for third quarter ended December 31, 2016.
The company has reported 47.46% jump in its net profit at Rs 1744.50 crore for the quarter under review as compared to Rs 1183.00 crore for the same quarter in the previous year. Total income of the company increased by 14.91% at Rs 19765.00 crore for the quarter under review as compared to Rs 17200.10 crore for the corresponding quarter previous year.
Maruti Suzuki India (formerly known as Maruti Udyog) is an automobile manufacturer in India. It provides passenger cars, utility vehicles and vans. The firm also offers pre-owned car sales, fleet management and car financing services.
Technical levels for Maruti
Support at 5650 and resistance at 5800—5820
Break and sustain above 5820 will take to 5880—5950 and then to 6000+ mark in days to come else could touch its support level of 5650.00
Looks weak if close below 5650.00
More will update soon!!
