Maruti Suzuki catches speed on reporting 8.30% rise in total production in July
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Maruti Suzuki India is currently trading at Rs. 9194.00, up by 190.00 points or 2.11% from its previous closing of Rs. 9004.00 on the BSE.
The scrip opened at Rs. 8981.00 and has touched a high and low of Rs. 9195.00 and Rs. 8955.00 respectively. So far 43848 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 9,195.00 on 02-Aug-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. 9,195.00 and Rs. 8468.00 respectively. The current market cap of the company is Rs. 276530.13 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’s total production (Passenger Vehicle + Light Commercial Vehicles) in July 2022 has increased by 8.30% on a yearly basis to 184,890 units. The company had produced a total of 170,719 units in the year-ago period.
Passenger vehicle production stood at 179,972 units in July 2022, as against 167,825 units in July 2021. Production of mini cars comprising Alto and S-Presso models stood at 21,957 units in July 2022 as against 24,899 units a year ago. Similarly, manufacturing of compact cars, comprising Baleno, Celerio, Dzire, Ignis, Swift, WagonR, OEM Model stood at 102,193 units as against 90,604 units earlier. Production of utility vehicles -- Ertiga, Gypsy, Jimny, SCross, Vitara Brezza, XL6, OEM Model -- increased to 40,247 units in July 2022 from 40,094 units in the corresponding month of 2021. Meanwhile, production of its light commercial vehicle Super Carry stood at 4,918 units as against 2,894 units in the year-ago month.
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.
