Maruti Suzuki rides high even after its total production slips 7% in April
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Maruti Suzuki India is currently trading at Rs. 6669.95, up by 78.05 points or 1.18% from its previous closing of Rs. 6591.90 on the BSE.
The scrip opened at Rs. 6572.00 and has touched a high and low of Rs. 6705.00 and Rs. 6572.00 respectively. So far 27912 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. 4639.75 on 08-May-2020.
Last one week high and low of the scrip stood at Rs. 6705.00 and Rs. 6400.00 respectively. The current market cap of the company is Rs. 201313.70 crore.
The promoters holding in the company stood at 56.37%, while Institutions and Non-Institutions held 38.19% and 5.44% respectively.
Maruti Suzuki India’s total production in April 2021 stood at 1,59,955 units, down 7 per cent from March this year. The company had produced a total of 1,72,433 units in March. Production of mini cars comprising Alto and S-Presso models stood at 29,056 units last month as against 28,519 units in March. However, manufacturing of compact cars, comprising WagonR, Celerio, Ignis, Swift, Baleno and Dzire, declined to 83,432 units last month as against 95,186 units in March 2021.
Similarly, production of utility vehicles -- Gypsy, Ertiga, S-Cross, Vitara Brezza and XL6 -- declined to 31,059 units in April as compared with 32,421 units in March. Production of its light commercial vehicle Super Carry stood at 2,390 units in last month as against 2,397 units in March 2021.
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.
