Maruti shares rise 3.2 per cent

Shares of Maruti Suzuki,India8217;s largest car maker,rose as much as 3.2 per cent after the company posted better-than-expected sales for January,two institutional sales people said.

Maruti Suzuki said January sales rose 5.2 per cent to 115,433 vehicles. Dealers said the company was expected to report sales of 95,000 units for January.

At 10:35 a.m,Maruti shares were trading up 2.47 per cent at 1,216 rupees.