MARUTI SUZUKI INDIA LTD.
NSE : MARUTIBSE : 532500ISIN
CODE : INE585B01010Industry : Automobiles - Passenger CarsHouse
: Maruti Suzuki - MNC
BSE12403.65-99.8 (-0.8 % )
PREV CLOSE (Rs.) 12503.45
OPEN PRICE (Rs.) 12516.40
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 15915
TODAY'S LOW / HIGH (Rs.)
52 WK LOW / HIGH (Rs.)
NSE12405.00 -97.7 (-0.78 % )
PREV CLOSE(Rs.) 12502.70
OPEN PRICE (Rs.) 12570.00
BID PRICE (QTY) 12405.00 (181 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 679117
TODAY'S LOW / HIGH(Rs.)
52 WK LOW / HIGH (Rs.)
Company News
| Date | Heading | Details |
|---|---|---|
| 15-Apr-2024 | Maruti Suzuki India trades higher on the BSE | <p style="text-align: justify;">Maruti Suzuki India is currently trading at Rs. 12413.00, up by 138.40 points or 1.13% from its previous closing of Rs. 12274.60 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 12100.05 and has touched a high and low of Rs. 12500.85 and Rs. 12031.20 respectively. So far 14549 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 12980.00 on 09-Apr-2024 and a 52 week low of Rs. 8421.75 on 25-Apr-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 12980.00 and Rs. 12031.20 respectively. The current market cap of the company is Rs. 391274.00 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 58.19%, while Institutions and Non-Institutions held 38.30% and 3.49% respectively.</p><p style="text-align: justify;">Maruti Suzuki India has increased prices of Swift and selected variants of Grand Vitara with effect from April 10, 2024. Prices of Swift have been raised by up to Rs 25,000 and Grand Vitara Sigma variant by Rs 19,000. </p><p style="text-align: justify;">Earlier, the company had reported a 10.07% year-on-year increase in total wholesales at 187,196 units in March 2024.</p><p style="text-align: justify;">Maruti Suzuki India is an automobile manufacturer in India. It provides passenger cars, utility vehicles and vans. The firm also offers pre-owned car sales, fleet management and car financing services.</p><div style="text-align: justify;"><br></div> |
| 10-Apr-2024 | Maruti Suzuki India applies for Bharat-NCAP safety ratings for some vehicles | <p style="text-align: justify;">Maruti Suzuki India has applied for Bharat New Car Assessment Programme (Bharat-NCAP) safety ratings for some of its vehicles. In August last year, the government launched Bharat-NCAP, India's very own and independent safety performance evaluation protocol for automobiles. </p><p style="text-align: justify;">Bharat-NCAP is benchmarked to the best-in-class global standards and the system is designed to advance road safety and vehicle safety standards beyond mandatory regulations. </p><p style="text-align: justify;">Maruti Suzuki India is an automobile manufacturer in India. It provides passenger cars, utility vehicles and vans. The firm also offers pre-owned car sales, fleet management and car financing services.</p> |
| 10-Apr-2024 | Maruti Suzuki India hikes prices of Swift, selected variants of Grand Vitara | <p style="text-align: justify;">Maruti Suzuki India has increased prices of Swift and selected variants of Grand Vitara with effect from April 10, 2024. Prices of Swift have been raised by up to Rs 25,000 and Grand Vitara Sigma variant by Rs 19,000. </p><p style="text-align: justify;">Earlier, the company had reported a 10.07% year-on-year increase in total wholesales at 187,196 units in March 2024.</p><p style="text-align: justify;">Maruti Suzuki India is an automobile manufacturer in India. It provides passenger cars, utility vehicles and vans. The firm also offers pre-owned car sales, fleet management and car financing services.</p><div style="text-align: justify;"><br></div> |
| 09-Apr-2024 | Maruti Suzuki commissions new vehicle assembly line at Manesar facility | <p style="text-align: justify;">Maruti Suzuki India has commissioned another vehicle assembly line at its Manesar facility. This assembly line has been added to the existing Plant-A of the 3 manufacturing plants at Manesar. The new vehicle assembly line has the capability to manufacture 100,000 units per annum. With this additional assembly line, the total manufacturing capability at Manesar stands at 900,000 vehicles per annum.</p><p style="text-align: justify;">Cumulatively, the Manesar facility has contributed over 95 lakh units in Maruti Suzuki's 3 crore production milestone. Several best-selling vehicles like Brezza, Ertiga, XL6, Wagon R, Dzire, S-Presso, Ciaz and Celerio are manufactured at this facility.</p><p style="text-align: justify;">Maruti Suzuki India is an automobile manufacturer in India. It provides passenger cars, utility vehicles and vans. The firm also offers pre-owned car sales, fleet management and car financing services.</p><div style="text-align: justify;"><br></div> |
| 09-Apr-2024 | Maruti Suzuki inches up on eyeing exports of 3 lakh units in FY25 | <p style="text-align: justify;">Maruti Suzuki India is currently trading at Rs. 12885.70, up by 36.55 points or 0.28% from its previous closing of Rs. 12849.15 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 12954.75 and has touched a high and low of Rs. 12954.75 and Rs. 12828.25 respectively. So far 1699 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 12,954.75 on 09-Apr-2024 and a 52 week low of Rs. 8400.05 on 10-Apr-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 12954.75 and Rs. 12322.20 respectively. The current market cap of the company is Rs. 403980.58 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 58.19%, while Institutions and Non-Institutions held 38.30% and 3.49% respectively.</p><p style="text-align: justify;">Maruti Suzuki India is eyeing exports of 3 lakh units in FY25 as part of gradual scaling up to meet the target of up to 8 lakh units by 2030. The company plans to launch more models in its various export markets that span over 100 countries while also enhancing distribution network, having taken best practices from India such as making bank finance available at dealerships, strengthening service facilities and parts availability to the export markets. </p><p style="text-align: justify;">Till about three years ago, the company's exports were in the range of 1 to 1.2 lakh cars a year. Both as a national vision and as a business ambition, it decided to scale up drastically and from those levels and in 2022-23 it reached about 2.59 lakh units exports and in 2023-24 it completed 2.83 lakh units. </p><p style="text-align: justify;">Maruti Suzuki India is an automobile manufacturer in India. It provides passenger cars, utility vehicles and vans. The firm also offers pre-owned car sales, fleet management and car financing services.</p><div style="text-align: justify;"><br></div> |
| 08-Apr-2024 | Maruti Suzuki eyeing exports of 3 lakh units in FY25 | <p style="text-align: justify;">Maruti Suzuki India is eyeing exports of 3 lakh units in FY25 as part of gradual scaling up to meet the target of up to 8 lakh units by 2030. The company plans to launch more models in its various export markets that span over 100 countries while also enhancing distribution network, having taken best practices from India such as making bank finance available at dealerships, strengthening service facilities and parts availability to the export markets. </p><p style="text-align: justify;">Till about three years ago, the company's exports were in the range of 1 to 1.2 lakh cars a year. Both as a national vision and as a business ambition, it decided to scale up drastically and from those levels and in 2022-23 it reached about 2.59 lakh units exports and in 2023-24 it completed 2.83 lakh units. </p><p style="text-align: justify;">Maruti Suzuki India is an automobile manufacturer in India. It provides passenger cars, utility vehicles and vans. The firm also offers pre-owned car sales, fleet management and car financing services.</p><div style="text-align: justify;"><br></div> |
| 02-Apr-2024 | Maruti Suzuki India reports 10% rise in total sales in March 2024 | <p style="text-align: justify;">Maruti Suzuki India (MSIL) has reported a 10.07% year-on-year increase in total wholesales at 187,196 units in March 2024. The company had dispatched a total of 170,071 units in the same month last year. </p><p style="text-align: justify;">The total domestic passenger vehicle sales grew 15.26% at 161,304 units in March 2024 as against 139,952 units in the month a year ago. Sales of mini segment cars, comprising Alto and S-Presso, increased to 11,829 units in March 2024 as against 11,582 units in March 2023.</p><p style="text-align: justify;">Sales of compact cars, including Baleno, Celerio, Dzire, Ignis, Swift, Tour S, and WagonR, also declined by 2.77% to 69,844 units in March 2024 as compared to 71,832 units in the year-ago month. Utility vehicles, including Brezza, Ertiga, Grand Vitara, Invicto, Jimny, S-Cross and XL6, recorded sales of 58,436 units last month, growing 57.70% over 37,054 units in the month a year ago. Its exports last month stood at 25,892 units as compared to 30,119 units in the same month last year. </p><p style="text-align: justify;">Maruti Suzuki India is an automobile manufacturer in India. It provides passenger cars, utility vehicles and vans. The firm also offers pre-owned car sales, fleet management and car financing services.</p><div style="text-align: justify;"><br></div> |
| 02-Apr-2024 | Maruti Suzuki India's production rises 8% in March 2024 | <p style="text-align: justify;">Maruti Suzuki India's production rose 8.16% to 166,730 units in March 2024. The company had a total production of 154,148 units in the same month a year ago. Production in mini cars and compact segment, comprising models such as Alto, S-Presso, Baleno, Celerio, Dzire, Ignis, Swift and WagonR, OEM Model decreased to 96,857 units in March 2024 as compared to 108,001 units in March 2023.</p><p style="text-align: justify;">Light commercial vehicle Super Carry's production increased to 3,397 units in March 2024 as against 3,328 units in March 2023. Production of utility vehicles, including Brezza, Ertiga, Fronx, Jimny, XL6 and OEM Model was up at 53,138 units in March 2024 as compared to 29,440 units in the year-ago month. </p><p style="text-align: justify;">Maruti Suzuki India is an automobile manufacturer in India. It provides passenger cars, utility vehicles and vans. The firm also offers pre-owned car sales, fleet management and car financing services.</p><div style="text-align: justify;"><br></div> |
| 26-Mar-2024 | Maruti Suzuki recalls over 16,000 units of Baleno, WagonR | <p style="text-align: justify;">Maruti Suzuki India is recalling over 16,000 units of Baleno and WagonR to fix a possible defect in a part of the fuel pump motor. The company is recalling 11,851 units of Baleno and 4,190 units of WagonR manufactured between July 30, 2019 and November 1, 2019. </p><p style="text-align: justify;">It is suspected that there is a possible defect in a part of the fuel pump motor, which in a rare case may lead to engine stalling or engine starting issue. </p><p style="text-align: justify;">Maruti Suzuki India is an automobile manufacturer in India. It provides passenger cars, utility vehicles and vans. The firm also offers pre-owned car sales, fleet management and car financing services.</p> |
| 26-Mar-2024 | Adani Ports, PNB and KP Energy to see some action today | <p style="text-align: justify;"><span style="font-weight: bold;">Adani Ports and Special Economic Zone</span> (APSEZ), India's largest ports and logistics company, has entered into a definitive agreement to purchase the 56% stake of the SP Group and 39% of Orissa Stevedores Limited (OSL) in Gopalpur Port (GPL). The acquisition is made at an enterprise value of Rs 3,080 crore, and the transaction is subject to statutory approvals and fulfilment of other conditions precedents. </p><p style="text-align: justify;"><span style="font-weight: bold;">Punjab National Bank</span> (PNB) has raised Rs 1859 crore through the allotment of 8.47% Unsecured, subordinated, non-convertible, fully paid-up, perpetual, taxable, Basel Ill compliant bonds on private placement basis. The non-convertible taxable bonds will qualify as Additional Tier I capital. </p><p style="text-align: justify;"><span style="font-weight: bold;">KP Energy </span>has successfully commissioned further 16.8MW (Phase-VIII) ISTS connected Wind Power Project comprising 8 numbers of WTGs of 2.1MW each at Sidhpur site in Devbhoomi Dwarka. This Phase-VIII commissioning is a part of the 250.8MW ISTS connected Wind Power Project capacity awarded to Apraava Energy by Solar Energy Corporation of India (SECI) under Tranche-VIII bidding. KP Energy is developing the Project for Apraava Energy as a Contractor under the Land and Balance of Plant Contract.</p><p style="text-align: justify;"><span style="font-weight: bold;">Universal Cables</span>' board has approved additional capital expenditure for augmenting the production capacity of XLPE Insulated Medium Voltage Power Cables through debottlenecking at the company's manufacturing facility at Satna, Madhya Pradesh. Post debottlenecking, the production capacity shall stand increased by approximately 1500 KMs per annum. The envisaged enhanced capacity is likely to be fully operational by March 2025.</p><p style="text-align: justify;"><span style="font-weight: bold;">Maruti Suzuki India </span>has planned to acquire an equity stake of 6.44% in Amlgo Labs. Amlgo Labs is an Advanced Analytics, Machine Learning (ML) /Artificial Intelligence (AI) and Big Data Solutions Implementation company. </p><p style="text-align: justify;"><span style="font-weight: bold;">Rail Vikas Nigam</span> (RVNL) has signed memorandum of understanding (MoU) with Airports Authority of India (AAI) for Construction of Subway/Underpass to connect operational area to the Airport Authority of India residential colony in Kolkata. The estimated cost of the project is Rs 229.43 crore (including GST).</p><p style="text-align: justify;"><span style="font-weight: bold;">Hindustan Aeronautics </span>(HAL) has signed a contract with Guyana Defence Force (GDF), Government of Guyana, for supply of two Hindustan-228 commuter aircraft along with Manufacturer Recommended List of Spares (MRLS), Ground Handling Equipment/Ground Support Equipment, Training, Hand-holding at a total value of MUSD 23.37 (approximately Rs 194 crore).</p><div style="text-align: justify;"><br></div> |
