Maruti Suzuki climbs on reporting 86% rise in total production in March
Maruti Suzuki India is currently trading at Rs. 6841.20, up by 72.85 points or 1.08% from its previous closing of Rs. 6768.35 on the BSE.
The scrip opened at Rs. 6825.00 and has touched a high and low of Rs. 6846.80 and Rs. 6770.10 respectively. So far 5738 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. 4100.80 on 07-Apr-2020.
Last one week high and low of the scrip stood at Rs. 6990.00 and Rs. 6726.80 respectively. The current market cap of the company is Rs. 204458.36 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 reported 86.33% rise in its total production at 1,72,433 units in March 2021 as compared to 92,540 units produced in the same month last year. Passenger vehicle production stood at 1,25,724 units in March 2021 as compared to 69,854 units in March 2020. Production of mini cars comprising Alto and S-Presso models was 28,519 units in March 2021 as against 17,630 units a year ago.
Similarly, manufacturing of compact cars, comprising WagonR, Celerio, Ignis, Swift, Baleno and Dzire, rose to 95,186 units in March 2021 as against 50,078 units in March 2020. Production of utility vehicles -- Gypsy, Ertiga, S-Cross, Vitara Brezza and XL6 -- increased to 32,421 units in March 2021 from 15,203 units in the corresponding month of 2020. Production of its light commercial vehicle Super Carry stood at 2,397 units in March 2021 as against 938 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.