10-04-2022 10:05 AM | Source: Accord Fintech
Maruti Suzuki gains on reporting 118% rise in total production in September
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Maruti Suzuki India is currently trading at Rs. 8650.00, up by 105.60 points or 1.24% from its previous closing of Rs. 8544.40 on the BSE.

The scrip opened at Rs. 8661.05 and has touched a high and low of Rs. 8725.00 and Rs. 8630.00 respectively. So far 3650 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 9450.00 on 23-Sep-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. 8961.50 and Rs. 8510.85 respectively. The current market cap of the company is Rs. 258109.29 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 has reported 118.35% surge in total production of Passenger Vehicle and Light Commercial Vehicles at 177,468 units in September 2022 as compared to 81,278 units in September 2021.

Passenger vehicle production stood at 173,929 units in September 2022, as against 77,782 units in September 2021, a growth of 123.61%, while production of Light Commercial Vehicles ‘Super Carry’ stood at 3,539 units in September 2022 as compared to 3,496 units in September 2021.

Production of mini cars comprising Alto and S-Presso models stood at 35,887 units in September 2022 as against 17,163 units in September 2021. Similarly, manufacturing of compact cars, comprising Baleno, Celerio, Dzire, Ignis, Swift, WagonR, and OEM Model stood at 92,717 units as against 29,272 units in September 2021. Production of utility vehicles - Brezza, Ertiga, Jimny, S-Cross, XL6 and OEM Model increased to 21,873 units in September 2022 from 29,811units in September 2021.

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.