Maruti Suzuki India is currently trading at Rs. 12885.70, up by 36.55 points or 0.28% from its previous closing of Rs. 12849.15 on the BSE.
The scrip opened at Rs. 12954.75 and has touched a high and low of Rs. 12954.75 and Rs. 12828.25 respectively. So far 1699 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 12,954.75 on 09-Apr-2024 and a 52 week low of Rs. 8400.05 on 10-Apr-2023.
Last one week high and low of the scrip stood at Rs. 12954.75 and Rs. 12322.20 respectively. The current market cap of the company is Rs. 403980.58 crore.
The promoters holding in the company stood at 58.19%, while Institutions and Non-Institutions held 38.30% and 3.49% respectively.
Maruti Suzuki India is eyeing exports of 3 lakh units in FY25 as part of gradual scaling up to meet the target of up to 8 lakh units by 2030. The company plans to launch more models in its various export markets that span over 100 countries while also enhancing distribution network, having taken best practices from India such as making bank finance available at dealerships, strengthening service facilities and parts availability to the export markets.
Till about three years ago, the company’s exports were in the range of 1 to 1.2 lakh cars a year. Both as a national vision and as a business ambition, it decided to scale up drastically and from those levels and in 2022-23 it reached about 2.59 lakh units exports and in 2023-24 it completed 2.83 lakh units.
Maruti Suzuki India 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.