Maruti shares up over 2% as sales grow in July

Shares of Maruti Suzuki India (MSI) on Monday rose by over 2% after the company reported 20.1% rise in total sales in July.

The scrip of the country's largest carmaker ended the day with 2.29% gain at Rs 4,429.60 on the BSE. During the day, it went up 2.48% to Rs 4,438.

At the NSE, shares of Maruti settled 2.2% higher at Rs 4,427.05.

Maruti Suzuki India on Saturday reported 20.1% rise in total sales in July at 1,21,712 units.

It had clocked sales of 1,01,380 cars in July 2014.

The company said its domestic sales increased 22.5% last month to 1,10,405 units, as against 90,093 units in July last year.

Exports during the month rose marginally to 11,307 units compared with 11,287 units in July last year, MSI had said.