Maruti Suzuki India Ltd.

Maruti Suzuki India is currently trading at Rs 934.65, up by 1.95 points or 0.21% from its previous closing of Rs 932.70 on the BSE.

The scrip opened at Rs 933.00 and has touched a high and low of Rs 939.95 and Rs 927.55 respectively. So far 13996 shares were traded on the counter.

The BSE group 'A' stock of face value Rs 5 has touched a 52 week high of Rs 1425.00 on 06-Jan-2011 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 968.50 and Rs 916.85 respectively. The current market cap of the company is Rs 27043.43 crore.

The promoters holding in the company stood at 54.21% while Institutions and Non-Institutions held 36.94% and 8.85% respectively.  

In a bid to offset the impact of rupee depreciation, Maruti Suzuki India, the country’s largest car maker is planning to increase prices of its entire product from next week. It is expected that the company will raise the prices by 2-3 percent.

Rupee depreciation is putting severe pressure on companies that import a substantial amount of components from overseas. The domestic currency was being quoted at Rs 52.89 per US dollar in morning trade on the Interbank Foreign Exchange on January 5, 2012.

In November, the company hiked the prices of its diesel cars by up to Rs 10,000 on account of higher input costs and appreciation of the Japanese yen. It raised the prices of diesel versions of compact cars Ritz and Swift, and sedans DZiRE and SX4.

The company sold a total of 92,161 vehicles in the month of December 2011, down by 7.10% as compared to 99,225 vehicles in December 2010. This includes 14,686 units of exports during the month.