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Maruti Suzuki inches up on inking pact with RPG Life Sciences

11 Apr 2013 Evaluate

Maruti Suzuki is currently trading at Rs. 1416.00, up by 2.70 points or 0.19% from its previous closing of Rs. 1413.30 on the BSE.

The scrip opened at Rs. 1418.95 and has touched a high and low of Rs. 1421.70 and Rs. 1397.60 respectively. So far 24,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1637.60 on 06-Feb-2013 and a 52 week low of Rs. 1052.00 on 04-Jun-2012.

Last one week high and low of the scrip stood at Rs. 1441.05 and Rs. 1284.00 respectively. The current market cap of the company is Rs. 40,909 crore.

The promoters holding in the company stood at 54.21% while Institutions and Non-Institutions held 37.48% and 8.31% respectively.

In a bid to set up its regional office, country’s largest car maker Maruti Suzuki India has entered into an agreement with RPG Life Sciences to acquire a land parcel in Mumbai.

The land parcel of 14,148.90 sq metre out of total land of 48,632 sq metre is situated at Trans-Thane Creek Industrial Area in Navi Mumbai. The company, however, did not share financial details of the deal.

Maruti Suzuki India registered a surge of over 10% in its car sales for the month of March at 1.2 lakh units as against 1.09 lakh units in February 2013.

Maruti Suzuki Share Price

13362.45 -95.85 (-0.71%)
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