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Maruti Suzuki speeds up on plans of setting up brand centers across India

10 Mar 2014 Evaluate

Maruti Suzuki India is currently trading at Rs. 1815.35, up by 79.45 points or 4.58 % from its previous closing of Rs. 1735.90 on the BSE.

The scrip opened at Rs. 1730.55 and has touched a high and low of Rs. 1817.20 and Rs. 1717.00 respectively. So far 87574 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1864.00 on 09-Jan-2014 and a 52 week low of Rs. 1217.00 on 28-Aug-2013.

Last one week high and low of the scrip stood at Rs. 1747.55 and Rs. 1551.00 respectively. The current market cap of the company is Rs. 54555.66 crore.

The promoters holding in the company stood at 56.21 % while Institutions and Non-Institutions held 35.45 % and 8.34 % respectively.

In a bid to showcase its products and emerging technologies, Maruti Suzuki India is reportedly planning to set up brand centres at upmarket locations across India. The company will set up these centres at 16 prominent and strategic markets that generate more than half its sales.

Moreover, the company is in the process of acquiring land across different strategic locations, which are either state capitals or located in the vicinity of its regional marketing offices.

The country’s largest car maker reported 9.80% fall in its production to 108,478 units in February 2014 as compared to 120,266 units in same month last year. Of total, the company manufactured a 42,705 vehicles under mini segment (including Alto, A Star, Wagon R), down by 25.10%, as against 57,020 vehicles manufactured in corresponding month previous year.

Maruti Suzuki Share Price

13452.25 118.30 (0.89%)
17-Apr-2026 16:59 View Price Chart
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