Maruti Suzuki India Ltd.

BSE: 532500 | NSE: MARUTI
Large Cap | Automobiles - Passenger Cars
14779.60
392.55 (2.73%)
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Maruti Suzuki India catches speed on the bourses

Date: 09-06-2017

Maruti Suzuki India is currently trading at Rs. 7349.00, up by 115.25 points or 1.59% from its previous closing of Rs. 7233.75 on the BSE.

The scrip opened at Rs. 7250.00 and has touched a high and low of Rs. 7349.00 and Rs. 7232.05 respectively. So far 25898 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 7350.00 on 09-Jun-2017 and a 52 week low of Rs. 3868.10 on 24-Jun-2016.

Last one week high and low of the scrip stood at Rs. 7350.00 and Rs. 7087.55 respectively. The current market cap of the company is Rs. 219825.17 crore.

The promoters holding in the company stood at 56.21%, while institutions and non-institutions held 36.82% and 6.98% respectively.

Maruti Suzuki India is reportedly planning to invest Rs 1000 crore on land acquisition this year. The properties - mostly in prime locations - will be offered to dealers to set up showrooms. This will allow the company to save them from large fixed costs and fluctuations in rent, while earning itself some extra income.

Maruti Suzuki India 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. The company has reported 16.80% rise in its production to 151,262 units in May 2017 as compared to 129,509 units in May 2016.