Maruti Suzuki India Ltd.

Maruti Suzuki India is currently trading at Rs. 1702.00, up by 52.10 points or 3.16% from its previous closing of Rs. 1649.90 on the BSE.

The scrip opened at Rs. 1656.00 and has touched a high and low of Rs. 1715.40 and Rs. 1642.45 respectively. So far 62775 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1864.00 on 09-Jan-2014 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. 1715.40 and Rs. 1551.00 respectively. The current market cap of the company is Rs. 51244.86 crore.

The promoters holding in the company stood at 56.21% while Institutions and Non-Institutions held 35.45% and 8.34% respectively.

Maruti Suzuki India in collaboration with Indian Railways has flagged off a new high-capacity railway rake naming ‘Flexi deck auto-wagon rake’ (technically called BCACBM) at Gurgaon. The ‘Flexi deck auto-wagon rake’ will bring the advantages of higher capacity, flexibility, faster speed and environment friendliness to rail transportation of cars.

The ‘Flexi deck auto-wagon rake designed by Indian Railways’ Research Design and Standards Organization (RDSO) has 20% additional capacity (318 cars) as compared to the current twin-decker rakes (265 cars), used for rail transportation. The new rake, with its height adjustable middle-deck is highly flexible and can transport vehicles of multiple dimensions.

The new rake can move at speed of 95 km per hour as compared to 65 km per hour of the existing rakes. The new rake can travel between Gurgaon and Bangalore in around 5 days as compared to 7 days by road transportation. Transporting Cars by new ‘Flexi deck auto-wagon rake' will lead to reduction in carbon emission making it more environment friendly.

The first ‘Flexi deck auto-wagon rake’ consisting of 27 wagons chugged off to Nidavanda, Bangalore from Gurgaon carrying a mixed load of Maruti Suzuki cars including Swift, Dzire, Alto, Wagon R and Omni.