Maruti Suzuki drops over 3% ahead of exclusion from MSCI

Country's largest car maker Maruti Suzuki fell more than 3 percent in early trade on Thursday. The stock will be excluded from the MSCI India index, index provider said in a statement on Wednesday after completing its February index review.

The changes will take place of the close of trade on February 28, MSCI added.
 
At 10:27 hours IST, shares lost 2.94 percent to Rs 1,490.20 on Bombay Stock Exchange.

In the previous trading session too, the stock fell 1.48 percent to close at Rs 1,535.40. Shares tanked 9 percent in six consecutive sessions while declined 3 percent in last one month.