Maruti Suzuki India Ltd.

Finance Minister P. Chidambaram in the Interim Budget 2014-15 announced excise duty cut for auto sector. While the excise duty for small car has been cut to 8% from 12% , it has been slashed to 24% from 30% for SUVs.

Maruti Suzuki India is currently trading at Rs. 1664.00, up by 20.65 points or 1.26 % from its previous closing of Rs. 1643.35 on the BSE. The scrip opened at Rs. 1649.00 and has touched a high and low of Rs. 1670.00 and Rs. 1638.50 respectively. So far 26415 shares were traded on the counter.

Mahindra & Mahindra (M&M) is currently trading at Rs. 915.50, up by 12.90 points or 1.43 % from its previous closing of Rs. 902.60 on the BSE. The scrip opened at Rs. 902.60 and has touched a high and low of Rs. 920.95 and Rs. 897.85 respectively. So far 32598 shares were traded on the counter.

Hindustan Motors is currently trading at Rs. 7.51, up by 0.09 points or 1.21 % from its previous closing of Rs. 7.42 on the BSE. The scrip opened at Rs. 7.40 and has touched a high and low of Rs. 7.89 and Rs. 7.40 respectively. So far 47610 shares were traded on the counter.