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Maruti Suzuki catches speed on launching vehicle lease subscription services

02 Jul 2020 Evaluate

Maruti Suzuki India is currently trading at Rs. 5883.85, up by 84.90 points or 1.46% from its previous closing of Rs. 5798.95 on the BSE.

The scrip opened at Rs. 5813.05 and has touched a high and low of Rs. 5916.15 and Rs. 5762.65 respectively. So far 29438 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 7755.00 on 29-Oct-2019 and a 52 week low of Rs. 4002.00 on 03-Apr-2020.

Last one week high and low of the scrip stood at Rs. 5916.15 and Rs. 5652.90 respectively. The current market cap of the company is Rs. 177985.57 crore.

The promoters holding in the company stood at 56.28%, while Institutions and Non-Institutions held 38.32% and 5.40% respectively.

Maruti Suzuki India has launched its Vehicle Lease Subscription Services for individual customers - Maruti Suzuki Subscribe. Through this, the company would offer cars for subscription as a pilot project in Gurugram and Bengaluru.

The subscription will be initially available on Swift, Dzire, Vitara Brezza and Ertiga from Maruti Suzuki ARENA Channel and Baleno, Ciaz and XL6 from NEXA Channel. Maruti Suzuki has tied up with ORIX Auto Infrastructure Services, a subsidiary of ORIX Corporation, Japan, to launch Maruti Suzuki Subscribe for the Indian market.

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

13482.30 -243.10 (-1.77%)
11-May-2026 16:59 View Price Chart
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