Maruti Suzuki India gains on investing around Rs 2 crore in Sociograph Solutions
Maruti Suzuki India is currently trading at Rs. 7722.30, up by 31.35 points or 0.41% from its previous closing of Rs. 7690.95 on the BSE.
The scrip opened at Rs. 7690.95 and has touched a high and low of Rs. 7775.00 and Rs. 7639.70 respectively. So far 10194 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 9022.00 on 10-Feb-2022 and a 52 week low of Rs. 6540.00 on 08-Mar-2022.
Last one week high and low of the scrip stood at Rs. 8025.00 and Rs. 7639.70 respectively. The current market cap of the company is Rs. 233175.60 crore.
The promoters holding in the company stood at 56.37%, while Institutions and Non-Institutions held 38.82% and 4.81% respectively.
Maruti Suzuki India has invested around Rs 2 crore in Sociograph Solutions (SSPL), as part of its MAIL initiative to support startups with promising mobility solutions. Sociograph Solutions is a startup specializing in artificial intelligence (AI). The company has planned to use the visual artificial intelligence platform of Sociograph Solutions called Dave.AI, to enhance the digital sales experience of its customers. Maruti Suzuki Mail is an initiative to find the innovative and cutting-edge automobile and mobility solutions.
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.