Maruti Suzuki India, the largest passenger cars maker in India, witnessed a rise in share price on Thursday after it posted a rise of 28.81% in net profit for the second quarter. The company reported a net profit of Rs 8.63 billion for the second quarter ended Sept. 30, 2014 compared with Rs 6.70 billion in the same period last year.

Total net sales of the company increased 17.5% to Rs 119.96 billion for the quarter ended Sept. 30, 2014 from Rs 102.11 billion in the year ago period.

Shares of the company are trading at Rs 3,287.00, up Rs 81.55, or 2.54% at the Bombay Stock Exchange (BSE) on Thursday at 2:08 p.m.

The scrip has touched an intra-day high of Rs 3,297.00 and low of Rs 3,173.95. The total volume of shares traded at the BSE is 122,880.