Maruti shares dip on unit lockout

23 July 2012 Last updated at 00:45 ET


Production at the factory has been halted since the violence resulting in losses to the firm

Shares of Maruti Suzuki have fallen after the firm said its factory in Manesar will remain shut until authorities complete a probe into clashes at the unit.
The firm locked out the factory over the weekend, after clashes earlier in the week left a company official dead and 85 injured.
Its shares dropped 5% to 1,086 Indian rupees at the Bombay Stock Exchange.
The violence follows months of difficult labour relations.
"We cannot start production due to a danger to life and

Chizony