Auto major Maruti Suzuki too traded 2 per cent higher, Tata Motors by 1.7 per cent, Eicher Motors by 0.9 per cent and Mahindra & Mahindra by 0.7 per cent. The other prominent gainers were Zee Entertainment and Yes Bank.
Maruti Suzuki reported a 1.9 per cent decline in last month's sales at 1.5 lakh units. Domestic sales declined by 1.6 per cent to 1.43 lakh units in November as against 1.46 lakh in November 2018.
Maruti Suzuki which largely sells small cars posted a marginal growth of 1.8 percent in passenger cars including Alto, S-Presso, Wagon R, Swift, Celerio, Ignis, Baleno, Dzire and Ciaz.
The achievement coincides with the institution completing 10 years of its inauguration. AGIDTTR was established in 2009 as a public-private-partnership model between the Ministry of Tribal Development (Gujarat) and Maruti Suzuki.
Through an extensive exercise involving call for applications, thorough screening and pitch sessions, five startups -- Enmovil, Docketrun, Eyedentify, Xane and SenseGiz -- were selected for cohort 1. These five startups presented their solutions at the demo day organised in New Delhi.
The Baleno RS used to cost Rs 1 lakh more than the top-spec Baleno petrol Alpha manual variant, which is priced at Rs 7.58 lakh. It gets more power than the regular version along with stiffened suspension, rear disc brakes, and some cosmetic changes. However, the regular Baleno is available with a BS6-compliant engine.
As far as transmissions go, we expect the company to offer two options, namely, a five-speed manual transmission and an AMT gearbox.
The commercial vehicle and two-wheeler sales are also significantly negative, indicating that the market has still not responded to various measures initiated by Finance Minister Nirmala Sitharaman last month, said SIAM President Rajan Wadhera.
Maruti Suzuki's exports during the previous month saw a 10.8 per cent decline with 9352 units shipped, as against 10,489 units in August last year. Meanwhile, 2,333 units of the Baleno were shipped to Toyota that are rebadged as the Glanza.
The six-seat premium MPV gets captain seats in the middle row and the feature list includes cruise control, SmartPlay Studio with smartphone connectivity, automatic headlamps and more.