Maruti Suzuki India gains on looking at leadership position in SUV segment
Maruti Suzuki India is currently trading at Rs. 8766.00, up by 20.60 points or 0.24% from its previous closing of Rs. 8745.40 on the BSE.
The scrip opened at Rs. 8795.00 and has touched a high and low of Rs. 8832.25 and Rs. 8759.55 respectively. So far 3195 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. 8865.00 and Rs. 8565.00 respectively. The current market cap of the company is Rs. 264819.99 crore.
The promoters holding in the company stood at 56.37%, while Institutions and Non-Institutions held 39.90% and 3.73% respectively.
Maruti Suzuki India is looking at a leadership position in the SUV segment as it continues to add new products across various sub segments. The country's largest carmaker has bolstered its presence in the high volume entry and mid level SUV segments with new Brezza and all new model -- Grand Vitara.
The Grand Vitara is a multi-product offering that is set to disrupt the SUV market in the country. Featuring NEXA’s signature design language - Crafted Futurism, the premium SUV features a distinct exterior design, sophisticated interiors, segment-leading features and an industry redefining fuel efficiency powered by its revolutionary Hybrid Powertrains.
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.