Maruti Suzuki trades higher on the BSE

10 Jun 2014 Evaluate

Maruti Suzuki India is currently trading at Rs. 2455.90, up by 21.10 points or 0.87% from its previous closing of Rs. 2434.80 on the BSE.

The scrip opened at Rs. 2460.00 and has touched a high and low of Rs. 2481.90 and Rs. 2414.35 respectively. So far 64156 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 2505.30 on 26-May-2014 and a 52 week low of Rs. 1217.00 on 28-Aug-2013.

Last one week high and low of the scrip stood at Rs. 2481.90 and Rs. 2312.00 respectively. The current market cap of the company is Rs. 74251.28 crore.

The promoters holding in the company stood at 56.21% while Institutions and Non-Institutions held 35.96% and 7.83% respectively.

Maruti Suzuki India, country’s largest car maker is planning to start a roadshow this month to clarify to global and domestic investors its move to let parent Suzuki Motor Corp own a proposed plant in Gujarat. The company's management led by Chairman R C Bhargava, along with Managing Director and CEO Kenichi Ayukawa and Chief Financial Officer Ajay Seth will meet institutional investors from the US, UK, Asia and India.

Earlier in January 2014, Suzuki Motor Corp declared that it would invest $488 million to build the Gujarat plant, which Maruti had earlier proposed to set up. Opposing the move, the company's institutional investors approached Sebi, seeking its intervention to safeguard the interests of minority shareholders.

The company has registered jump of 19.20% in its total car sales (Domestic + Export) for the month of May 2014 at 100,925 units, as against 84,677 units in May 2013. The company’s domestic sales also rose by 16.40% in May 2014 at 90,560 units, as against 77,821 units in corresponding month last year.

Maruti Suzuki Share Price

12784.10 88.35 (0.70%)
30-Apr-2024 15:26 View Price Chart
Peers
Company Name CMP
Maruti Suzuki 12784.10
Mahindra & Mahindra 2153.10
Mercury Metals 77.81
Hindustan Motors 34.72
Suzuki (India)
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