Maruti Suzuki Shares Fall After Factory Lockout: Mumbai Mover
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Maruti Suzuki India Ltd., the country’s largest carmaker, fell in Mumbai trading after the company said it’s halting a factory near New Delhi pending the conclusion of a probe into a deadly riot last week.
Maruti dropped 5.9 percent to close at 1,079.95 rupees, the lowest since June 20. The stock was the worst performer on India’s Sensitive Index, which lost 1.6 percent. Suzuki Motor Corp., which owns a majority stake in the automaker, declined