Maruti Suzuki India Ltd.

BSE: 532500 | NSE: MARUTI
Large Cap | Automobiles - Passenger Cars
15947.00
-232.75 (-1.44%)
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Maruti Suzuki declines after HSBC Global sells about 2 lakh shares

Date: 13-07-2012

Maruti Suzuki is currently trading at Rs. 1178.05, down by 16.90 points or 1.41% from its previous closing of Rs. 1194.95 on the BSE.

The scrip opened at Rs. 1200.00 and has touched a high and low of Rs. 1208.00 and Rs. 1176.90 respectively. So far 44147 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1428.20 on 16-Mar-2012 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. 1241.00 and Rs. 1181.25 respectively. The current market cap of the company is Rs. 34206.95 crore.

The promoters holding in the company stood at 54.21% while Institutions and Non-Institutions held 36.71% and 9.08% respectively.

HSBC Global Investments Fund has offloaded 199,198 shares in the country’s largest carmaker Maruti Suzuki India (MSI) in the open market on June 29, 2012. However, MSI did not specify the value of transaction.

After the sale, HSBC Global Investments Fund’s stake in MSI reduced to 4.99% from 5.06% earlier.

As on June 2012, Suzuki Motor Corp held 54.21% stake in MSI, while the public shareholding in the company is 45.79% with foreign institutional investors accounting for 36.71% and domestic institutional investors holding 16.42% stake, while the remaining 9.08% is with non-institutions.