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Maruti Suzuki strengthens on plan to set up new manufacturing unit in Gujarat

22 Nov 2012 Evaluate

Maruti Suzuki is currently trading at Rs. 1503.60, up by 11.80 points or 0.79 % from its previous closing of Rs. 1491.80 on the BSE.

The scrip opened at Rs. 1502.00 and has touched a high and low of Rs. 1514.95 and Rs. 1492.90 respectively. So far 17540 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1514.95 on 22-Nov-2012 and a 52 week low of Rs. 905.55 on 19-Dec-2011.

Last one week high and low of the scrip stood at Rs. 1514.95 and Rs. 1434.50 respectively. The current market cap of the company is Rs. 43394.29 crore.

The promoters holding in the company stood at 54.21% while Institutions and Non-Institutions held 36.60% and 9.19% respectively.

Maruti Suzuki India, the country’s largest carmaker is reportedly planning to set up a new manufacturing unit in Mehsana district of Gujarat with an annual capacity of 250,000 cars. The company has already acquired the land for the same and work is expected to start in 2013.

The company has also decided to establish five stockyards one each at Bangalore, Nagpur, Ranchi and Siliguri, while the site for the fifth one had not yet been chosen. With these initiatives, the company aims 45% market share and a sales volume of 1.8 million cars each year by 2015-16. 

Maruti Suzuki Share Price

13445.95 -6.30 (-0.05%)
20-Apr-2026 16:59 View Price Chart
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