Maruti Suzuki India rises on signing MoU with IDFC FIRST Bank
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Maruti Suzuki India is currently trading at Rs. 8649.05, up by 25.15 points or 0.29% from its previous closing of Rs. 8623.90 on the BSE.
The scrip opened at Rs. 8668.95 and has touched a high and low of Rs. 8688.00 and Rs. 8618.15 respectively. So far 2291 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 9768.65 on 31-Oct-2022 and a 52 week low of Rs. 7062.65 on 13-May-2022.
Last one week high and low of the scrip stood at Rs. 8706.00 and Rs. 8400.05 respectively. The current market cap of the company is Rs. 261263.00 crore.
The promoters holding in the company stood at 56.37%, while Institutions and Non-Institutions held 39.74% and 3.89% respectively.
Maruti Suzuki India has signed Memorandum of Understanding (MoU) with IDFC FIRST Bank. As part of this collaboration, the bank will offer personalised finance options across New Car Loans, Pre-Owned Car Loans, and Commercial Vehicle Loans to customers looking to purchase Maruti Suzuki vehicles. With the latest partnership with IDFC FIRST Bank, Maruti Suzuki continues to provide a wide range of financing options for customers across the country.
The partnership with IDFC FIRST Bank will further allow Maruti Suzuki to expand its range of financing options and provide customers with greater flexibility and choice. This collaboration is set to further enhance Maruti Suzuki's position as the leader in the Indian automobile industry.
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.
