Maruti Suzuki India Ltd.

Maruti Suzuki is currently trading at Rs. 1416.15, up by 14.10 points or 1.01% from its previous closing of Rs. 1402.05 on the BSE.

The scrip opened at Rs. 1398.70 and has touched a high and low of Rs. 1440.70 and Rs. 1390.00 respectively. So far 33,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1773.45 on 20-May-2013 and a 52 week low of Rs. 1217.00 on 28-Aug-2013.

Last one week high and low of the scrip stood at Rs. 1502.70 and Rs. 1360.00 respectively. The current market cap of the company is Rs. 42,779 crore.

The promoters holding in the company stood at 56.21% while Institutions and Non-Institutions held 35.10% and 8.70% respectively.

Maruti Suzuki India is planning to roll out the replacement of its not-so-successful product SX4. The India’s largest carmaker will unveil the replacement at the 2014 Auto Expo. The launch might happen somewhere in mid 2014.

The sales of company’s mid-sized sedan SX4 remained subdued in past few months. The sales of SX4 dropped 22.1 per cent to 348 units in August 2013 as against 447 units in the same month last year, while it witnessed a fall of 52.6 per cent to 322 units in July 2013 as against 679 units in the same month last year.

The Suzuki SX4 is a compact car developed jointly by Japanese automaker Suzuki and Italian automaker Fiat. In some European markets the SX4 is sold as the Fiat Sedici, while in some Asian markets as the Maruti Suzuki SX4.