Maruti Suzuki India rides high after its Swift becomes best selling car in India
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Maruti Suzuki India is currently trading at Rs. 6801.80, up by 283.15 points or 4.34% from its previous closing of Rs. 6518.65 on the BSE.
The scrip opened at Rs. 6525.00 and has touched a high and low of Rs. 6837.65 and Rs. 6470.90 respectively. So far 30277 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. 4639.75 on 08-May-2020.
Last one week high and low of the scrip stood at Rs. 6938.00 and Rs. 6470.90 respectively. The current market cap of the company is Rs. 205746.73 crore.
The promoters holding in the company stood at 56.37%, while Institutions and Non-Institutions held 38.75% and 4.88% respectively.
Maruti Suzuki India’s Swift has become best selling car in India. For the fourth consecutive year, India’s five top selling cars come from Maruti Suzuki stable. These include Swift at the number one position with over 1.72 lakh units, followed by Baleno with 1.63 lakh units. The tall boy WagonR grabbed the third position with 1.60 lakh units while Alto and Dzire finished fourth and fifth with 1.59 lakh units and 1.28 lakh units respectively. These blockbuster models contributed to almost 30% of the overall passenger vehicle sales in FY 2020-21.
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.
