UPDATE 2-India Maruti Suzuki Q2 net up 27 pct, shares surge

Newswire

(Adds Khattar retirement, investment, byline) By Rina Chandran NEW DELHI, Oct 29 (Reuters) - India's biggest car maker, Maruti Suzuki Ltd , reported an expected 27 percent rise in quarterly net profit on Monday, sending its shares surging as much as 6 percent to a record high. Maruti, 54.2 percent owned by Japan's Suzuki Motor Corp , has nearly half the Indian market with models including the best-selling Alto, and has been shifting consumers to more premium cars like the Swift ...

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