Maruti Suzuki India Ltd.

BSE: 532500 | NSE: MARUTI
Large Cap | Automobiles - Passenger Cars
15077.50
297.90 (2.02%)
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Maruti Suzuki strengthens on planning to launch new models in FY20

Date: 09-01-2019

Maruti Suzuki India is currently trading at Rs. 7498.80, up by 77.45 points or 1.04% from its previous closing of Rs. 7421.35 on the BSE.

The scrip opened at Rs. 7493.00 and has touched a high and low of Rs. 7525.00 and Rs. 7450.60 respectively. So far 16460 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 9922.85 on 24-Jul-2018 and a 52 week low of Rs. 6501.65 on 26-Oct-2018.

Last one week high and low of the scrip stood at Rs. 7465.00 and Rs. 7168.55 respectively. The current market cap of the company is Rs. 226652.18 crore.

The promoters holding in the company stood at 56.21%, while Institutions and Non-Institutions held 36.15% and 7.64% respectively.

Maruti Suzuki will launch new models in next fiscal (FY20). Besides, the company has already launched new versions of its multi-purpose vehicle Ertiga and sedan Ciaz in 2018-19. It had also introduced new Swift in February last year.

The company is also in the process of upgrading its current portfolio to have safety features like airbags, seat belt reminder and reverse parking sensors by June to comply with new safety norms.

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.