Maruti Suzuki India Ltd.

BSE: 532500 | NSE: MARUTI
Large Cap | Automobiles - Passenger Cars
14387.05
186.35 (1.31%)
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Maruti Suzuki rises on plan to ramp up production for SUV Brezza

Date: 28-06-2016

Maruti Suzuki is currently trading at Rs. 4057.00, up by 26.30 points or 0.65% from its previous closing of Rs. 4030.70 on the BSE.

The scrip opened at Rs. 4052.90 and has touched a high and low of Rs. 4077.00 and Rs. 4043.25 respectively. So far 17,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 4789.00 on 23-Nov-2015 and a 52 week low of Rs. 3202.10 on 29-Feb-2016.

Last one week high and low of the scrip stood at Rs. 4175.95 and Rs. 3868.10 respectively. The current market cap of the company is Rs. 1,22,676.00 crore.

The promoters holding in the company stood at 56.21%, while Institutions and Non-Institutions held 37.09% and 6.70% respectively.

In a bid to cater to strong demand for it vehicle SUV Brezza, Maruti Suzuki India is planning to roll out 10,000 units a month from July and will ramp up production for the SUV Brezza.

This is the second time the company has revised sales estimates for the model launched in March. Maruti Suzuki had previously revised its production plan to 100,000 units a year from 80,000 units after the model got a favourable reception at the Auto Expo in February.

Maruti Suzuki India (formerly known as Maruti Udyog) is an automobile manufacturer in India. It provides passenger cars, utility vehicles and vans. The firm also offers pre-owned car sales, fleet management and car financing services.