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Maruti Suzuki India's stock down nearly 2% on yen's strength
The Japan\'s yen strength against the greenback is likely to put pressure on the company\'s margins.The shares of Maruti Suzuki India continued to be on a shaky wicket for the second consecutive day on Friday, falling more than 1%, on Japanese yen\'s strength against the greenback.
The Japan's yen strength against the greenback is likely to put pressure on the company's margins.The shares of Maruti Suzuki India continued to be on a shaky wicket for the second consecutive day on Friday, falling more than 1%, on Japanese yen's strength against the greenback.
The yen's strength against the greenback is likely to put pressure on the company's margins.
The company's stock dipped 1.22% to end at Rs 3,428.85 on BSE. Intraday, it went down 1.51% to Rs 3,418.80.On NSE, the country's largest car maker fell 0.98% to close at Rs 3,437.05.
The stock had lost nearly 3% in the last trading session, too.
For March, the domestic passenger car sales came down 0.3% to 1,75,730 units as compared with 1,76,260 in the same month last year.
In the broader market, the BSE benchmark Sensex ended little changed on Friday, down 11.58 points, at 24,673.84.
