Shares of Maruti Suzuki India today rose nearly 3 per cent, adding Rs 5,442 crore to its market valuation, after the company posted a 19.5 per cent jump in total sales for April 2017.

The stock gained 2.76 per cent to end at Rs 6,705.65 on the BSE. During the day, it jumped 3.13 per cent to Rs 6,730 —— its 52-week high.

On the NSE, it went up by 2.76 per cent to close at Rs 6,705.50.

Led by the gains, the company’s market valuation rose Rs 5,442.32 crore to Rs 2,02,564.32 crore.

With this, the company surpassed the Rs 2 lakh crore market capitalisation (m-cap) mark and has become the country’s 10th most valued firm.

The country’s largest car maker Maruti Suzuki India had yesterday posted a 19.5 per cent jump in total sales at 1,51,215 units in April against 1,26,569 units in the same month last year.

Its domestic sales rose 23.4 per cent during the month to 1,44,492 units compared with 1,17,045 units in April 2016.

Eicher Motors was up as much as 2.6 per cent to a record high after its total sales in April jumped 25 per cent.

Tata Motors however was down as much as 1.7 per cent after posting a 21 per cent fall in total sales of passenger and commercial vehicles in April.

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