Maruti Suzuki gains on upgrading entire range of vehicles to meet stricter emission norms
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Maruti Suzuki India is currently trading at Rs. 8520.75, up by 39.45 points or 0.47% from its previous closing of Rs. 8481.30 on the BSE.
The scrip opened at Rs. 8510.00 and has touched a high and low of Rs. 8542.95 and Rs. 8460.00 respectively. So far 2962 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. 8740.50 and Rs. 8421.75 respectively. The current market cap of the company is Rs. 257242.32 crore.
The promoters holding in the company stood at 56.48%, while Institutions and Non-Institutions held 39.73% and 3.78% respectively.
Maruti Suzuki India has upgraded its entire range of vehicles to meet the stricter emission norms under the BSVI regime. All company hatchbacks, sedans, MPVs, SUVs and commercial vehicles are now compliant with the new BSVI Phase-II real driving emissions (RDE) regulations, alongside being compatible with E20 fuel as well.
The new RDE compliant Maruti Suzuki cars feature an enhanced on-board diagnostics (OBD) system to monitor emission control systems of the car in real-time and will notify drivers in case of any malfunction. The products now also come equipped with an electronic stability control (ESC) system.
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.
