Maruti Suzuki rides high on aiming to deploy hybrid technologies in models in next 5-7 years
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Maruti Suzuki India is currently trading at Rs. 8436.05, up by 39.45 points or 0.47% from its previous closing of Rs. 8396.60 on the BSE.
The scrip opened at Rs. 8396.60 and has touched a high and low of Rs. 8464.90 and Rs. 8325.00 respectively. So far 26485 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 9022.00 on 10-Feb-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. 8630.15 and Rs. 8306.05 respectively. The current market cap of the company is Rs. 253745.74 crore.
The promoters holding in the company stood at 56.37%, while Institutions and Non-Institutions held 38.82% and 4.81% respectively.
Maruti Suzuki India (MSI) is aiming to deploy strong and mild hybrid technologies as part of an initiative to have environment-friendly technology elements in each of its models. As per the company, in the next five to seven years, every model will have some element (of green technology) or the other. There will be no pure petrol powertrain across the range.
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.
