Maruti Suzuki moves up despite reporting 2% fall in total production in December
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Maruti Suzuki India is currently trading at Rs. 7575.00, up by 55.30 points or 0.74% from its previous closing of Rs. 7519.70 on the BSE.
The scrip opened at Rs. 7590.00 and has touched a high and low of Rs. 7645.25 and Rs. 7519.25 respectively. So far 4709 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. 6301.20 on 24-Feb-2021.
Last one week high and low of the scrip stood at Rs. 7645.25 and Rs. 7247.95 respectively. The current market cap of the company is Rs. 229109.60 crore.
The promoters holding in the company stood at 56.37%, while Institutions and Non-Institutions held 38.50% and 5.13% respectively.
Maruti Suzuki India’s total production (Passenger Vehicle + Light Commercial Vehicles) in December 2021 decreased marginally by 1.99% on a yearly basis to 152,029 units. The company had produced a total of 155,127 units in the year-ago period.
Passenger vehicle production stood at 148,767 units in December 2021, as against 153,475 units in December 2020. Production of mini cars comprising Alto and S-Presso models stood at 19,396 units in December as against 27,772 units a year ago. Similarly, manufacturing of compact cars, comprising Baleno, Celerio, Dzire, Ignis, Swift, WagonR, OEM Model stood at 86,694 units as against 85,103 units earlier. Production of utility vehicles -- Ertiga, Gypsy, Jimny, SCross, Vitara Brezza, XL6, OEM Model – increased to 31,794 units in December 2021 from 28,006 units in the corresponding month of 2020.
Meanwhile, production of its light commercial vehicle Super Carry stood at 3,262 units as against 1,652 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.
