Maruti Suzuki India Ltd.

Maruti Suzuki India is currently trading at Rs. 991.50, up by 15.10 points or 1.55% from its previous closing of Rs. 976.40 on the BSE.

The scrip opened at Rs. 974.00 and has touched a high and low of Rs. 993.75 and Rs. 970.00 respectively. So far 15535 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1345.00 on 03-Mar-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. 1008.50 and Rs. 948.00 respectively. The current market cap of the company is Rs. 28594.87 crore.

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

The country's largest car maker, Maruti Suzuki India (MSIL), is planning to set up logistic hub in an upcoming industrial park. The auto major will set up the hub at Siliguri in West Bengal’s Darjeeling district entailing an investment of about Rs 80 crore.

The auto major has asked for 35 acres of land for the hub for which the government has asked the car maker to submit a formal proposal for the project. Once operational it would employ over 300 people at the hub.

The industrial park at Siliguri is a joint-venture between West Bengal Industrial Infrastructure Development Corporation (WBIIDC), the Kanchenjunga Integrated Infrastructure Development and the Shristi Infrastructure Development Corporation.

Recently, in a bid to offset the impact of rupee depreciation, Maruti Suzuki India, was planning to increase prices of its entire product. It was expected that the company would raise the prices by 2-3 percent.