Maruti Suzuki India Ltd.

Maruti Suzuki is currently trading at Rs 964.05, up by 9.30 points or 0.97% from its previous closing of Rs 954.75 on the BSE.

The scrip opened at Rs 955.00 and has touched a high and low of Rs 973.00 and Rs 948.00 respectively. So far 49084 shares were traded on the counter.

The BSE group 'A' stock of face value Rs 5 has touched a 52 week high of Rs 1348.00 on 10-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 973.00 and Rs 916.85 respectively. The current market cap of the company is Rs 28069.06 crore.

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

Car market leader, Maruti Suzuki India has unveiled India’s first compact multipurpose vehicle-ERTIGA. Ertiga’s compact dimension makes it easy to park and maneuver. Its active and dynamic stance from the outside, and the quality fit and finish features in the interiors, enhances it appeals among customers. Ertiga will be offered in both petrol and diesel versions.

The Ertiga brings space, style and compactness to utility vehicles for customers in India. As India gears to be amongst the largest global automotive markets by 2020, with the foray into UV segments, Maruti Suzuki will strengthen its leadership position in the industry. With Ertiga’s, the company will step into Utility Vehicle Segment and effectively create  a new compact MPV segments in India.

The Utility Vehicle Segment accounts for around 14% of the Indian automobile industry, 66% of these are multipurpose vehicles, the segment where Ertiga is positioned. In the Indian automobile industry, the MPV is the fastest growing sub segment amongst UVs showing a growth of around 15% in last four years.