Maruti Suzuki shares up over 1 pct

On the National Stock Exchange,Maruti Suzuki’s shares closed with a gain of 1.38 per cent at Rs 1,325.

“However,most of the auto stocks ended in the red. Select buying was seen at the Maruti counter,which declared better than expected results,” Bonanza Portfolio Limited Senior Research Analyst (Equity) Shanu Goel said.

In terms of volume,over 16 lakh shares of the company changed hands on the two bourses during the day.

The company’s board also recommended a dividend of 150 per cent,which is Rs 7.50 per share of the face value of Rs 5 for 2010-11.

Meanwhile,the BSE 30-scrip key index Sensex finished the day on a flat note at 19,584.31.