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Maruti Suzuki gains on eyeing to double sales network to 4,000 outlets by 2020

Maruti Suzuki India Ltd. | Automobiles - Passenger Cars | Automobiles | BSE: 532500 | NSE: MARUTI

05 Apr 2016 Evaluate

Maruti Suzuki India is currently trading at Rs. 3682.00, up by 0.70 points or 0.02% from its previous closing of Rs. 3681.30 on the BSE.

The scrip opened at Rs. 3688.00 and has touched a high and low of Rs. 3688.95 and Rs. 3660.55 respectively. So far 12,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 4789.00 on 23-Nov-2015 and a 52 week low of Rs. 3202.10 on 29-Feb-2016.

Last one week high and low of the scrip stood at Rs. 3770.00 and Rs. 3660.55 respectively. The current market cap of the company is Rs. 1,11,197.00 crore.

The promoters holding in the company stood at 56.21% while Institutions and Non-Institutions held 37.62% and 6.17% respectively.

Maruti Suzuki India is eying to double its sales network to 4,000 outlets by 2020 as part of plans to sell 20 lakh units per annum by then. The country’s largest carmaker is planning to add 200 outlets in the current fiscal, thereby taking the count to over 2,000 shops by the end of current fiscal.

The company is also planning to enhance the number of Nexa showrooms to 250 in the current fiscal from the current 127 outlets. As part of its plans to achieve 20 lakh sales mark by 2020, the company also plans to introduce a slew of models in the country.

Maruti Suzuki India (formerly known as Maruti Udyog) is an automobile manufacturing company. It provides passenger cars, utility vehicles and vans. The firm also offers pre-owned car sales, fleet management and car financing services.

Maruti Suzuki Share Price

13452.25 118.30 (0.89%)

17-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
Tata MotorsPassenger	360.15
Maruti Suzuki	13452.25
Mahindra & Mahindra	3199.35
Hyundai Motor India	1901.25
Mercury Metals	35.39
View more..

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Maruti Suzuki gains on eyeing to double sales network to 4,000 outlets by 2020

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