Maruti Suzuki jumps on planning to launch electric vehicles in country only after 2025
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Maruti Suzuki India is currently trading at Rs. 7481.00, up by 128.50 points or 1.75% from its previous closing of Rs. 7352.50 on the BSE.
The scrip opened at Rs. 7225.10 and has touched a high and low of Rs. 7527.55 and Rs. 7225.10 respectively. So far 17128 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 8400.00 on 13-Jan-2021 and a 52 week low of Rs. 6301.20 on 24-Feb-2021.
Last one week high and low of the scrip stood at Rs. 7607.65 and Rs. e respectively. The current market cap of the company is Rs. 226692.96 crore.
The promoters holding in the company stood at 56.37, while Institutions and Non-Institutions held 38.50% and 5.13% respectively.
Maruti Suzuki India is planning to launch electric vehicles in the country only after 2025 as demand for such vehicles at the moment is less and it would like to sell around 10,000 units a month whenever it enters the electric mobility space.
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.
