Maruti Suzuki India rises on partnering with Karnataka Bank for vehicle financing solutions
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Maruti Suzuki India is currently trading at Rs. 6897.80, up by 45.20 points or 0.66% from its previous closing of Rs. 6852.60 on the BSE.
The scrip opened at Rs. 6879.00 and has touched a high and low of Rs. 6939.30 and Rs. 6795.70 respectively. So far 28563 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. 4002.00 on 03-Apr-2020.
Last one week high and low of the scrip stood at Rs. 7059.50 and Rs. 6735.60 respectively. The current market cap of the company is Rs. 208972.94 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 has partnered with Karnataka Bank to offer vehicle financing options for potential car buyers. It has signed a Memorandum of Understanding (MoU) with the Mangaluru-headquartered private sector lender. Customers can avail the benefits across 858 branches of Karnataka Bank at metro, urban, semi-urban and rural locations.
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.
