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Maruti Suzuki strengthens on selling over 3 lakh cars with AGS technology

01 Jun 2018 Evaluate

Maruti Suzuki India is currently trading at Rs. 8762.50, up by 227.55 points or 2.67% from its previous closing of Rs. 8534.95 on the BSE.

The scrip opened at Rs. 8625.00 and has touched a high and low of Rs. 8775.00 and Rs. 8590.60 respectively. So far 31567 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 10000.00 on 20-Dec-2017 and a 52 week low of Rs. 7087.55 on 06-Jun-2017.

Last one week high and low of the scrip stood at Rs. 8836.45 and Rs. 8,501.00respectively. The current market cap of the company is Rs. 264320.05 crore.

The promoters holding in the company stood at 56.21%, while Institutions and Non-Institutions held 36.65% and 7.15% respectively.

Maruti Suzuki India has crossed the mark of 3-lakh cumulative sale of cars with the acclaimed Auto Gear Shift (AGS) technology. With the AGS becoming popular among the customers, Maruti Suzuki aims to achieve the feat of over 2-lakh sales in the current fiscal year. The contribution of cars with AGS variant to the company’s total sales has tripled since its introduction in 2014.

At present, Maruti Suzuki offers AGS in seven models in its range, including bestsellers like Alto K10, WagonR, Celerio, Swift, IGNIS and Dzire. In May 2018, Vitara Brezza became the latest offering with AGS technology from Maruti Suzuki.

Maruti Suzuki India (formerly known as Maruti Udyog) 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.

Maruti Suzuki Share Price

13312.85 52.65 (0.40%)
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