Share article Maruti Suzuki shares are down over 4 per cent on Monday, but the company’s share price remains in the red.
Maruti shares have fallen more than 10 per cent over the past year.
On Friday, Maruti’s market value was $18.3 billion.
The stock is now down nearly 9 per cent in the past five months.
Shares of the parent company have been hurt by the financial crisis, the slowdown in China and the drop in sales of new vehicles.
The share price of Maruti fell to an all-time low of Rs 14.60 on Friday after the company announced a major restructuring of its business.
The stock has been falling since it posted a loss of $5.5 billion in the first quarter of 2017.
Maruks shares have also fallen sharply over the last year, falling about 5 per cent.
On Friday, shares of Maruys parent company, Suzuki Motor Corp., fell 1 per cent to Rs 16.35.
Marumi shares fell 1.6 per cent after falling 2 per cent earlier in the day.
In a separate report, the National Stock Exchange (NSE) said the Sensex and Nifty are on track for their biggest single-day losses since 2014.
The Sensex is down nearly 10 per year to 4,979.30 and the Nifty is down 3 per cent for the year.
While stocks of major companies have shown signs of recovering, the NSE said investors were still not convinced that the Indian economy is recovering.
India’s economy shrank 0.2 per cent from a year earlier in March.