Maruti Suzuki India Ltd.

Maruti Suzuki India is currently trading at Rs 5415.00, up by 50.60 points or 0.94% from its previous closing of Rs 5364.40 on the BSE.

The scrip opened at Rs. 5364.40 and has touched a high and low of Rs. 5420.00 and Rs. 5351.00 respectively. So far 19112 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 5499.00 on 08-Sep-2016 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. 5,490.00 and Rs. 5252.45 respectively. The current market cap of the company is Rs. 163485.73 crore.

The promoters holding in the company stood at 56.21%, while Institutions and Non-Institutions held 37.18% and 6.62% respectively.

Maruti Suzuki India (MSIL), India’s leading passenger vehicle maker, has entered into a partnership with Uber India through a Memorandum of Understanding (MoU). Under the MoU, the company will train over 30,000 individuals/Uber partner-drivers in safe driving over a period of 3 years.

The initiative is aimed at providing aspiring commercial drivers with micro-entrepreneurship opportunities and equipping them with necessary skill to operate on the Uber platform. The pilot phase will be rolled out in Hyderabad, Chennai, Delhi-NCR region and will be introduced in Mumbai, Bangalore, Ahmedabad and Pune thereafter.

As per the MoU, Uber will provide qualified leads of potential driver-partners to Maruti Suzuki for facilitating them with commercial driver training. Under the specialized training module developed by Maruti Suzuki, the drivers will undergo pre-assessment tests, theoretical training, practical training and post-training assessments for a period of 30 days.