IGI Logo

Maruti Suzuki is currently trading at Rs. 8573.50, up by 27.40 points or 0.32% from its previous closing of Rs. 8546.10 on the BSE.

The scrip opened at Rs. 8510.00 and has touched a high and low of Rs. 8646.00 and Rs. 8510.00 respectively. So far 2446 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. 6301.20 on 24-Feb-2021.

Last one week high and low of the scrip stood at Rs. 8731.85 and Rs. 8326.45 respectively. The current market cap of the company is Rs. 259661.98 crore.

The promoters holding in the company stood at 56.37%, while Institutions and Non-Institutions held 38.89% and 4.74% respectively.

Maruti Suzuki India has entered into partnership with Quiklyz by Mahindra Finance for its Subscribe program. Quiklyz will offer a white plate subscription for the Maruti Suzuki range of vehicles. The Company has further added Kolkata market to its Subscription program.

Launched in July 2020, Maruti Suzuki Subscribe is a program where a customer can enjoy owning a car without buying a vehicle. It allows the customer to opt from a range of Maruti Suzuki vehicles, for multiple tenure options, for an all-inclusive fixed monthly rental. This monthly rental includes the vehicle usage charges, registration charges, maintenance, insurance, and other common services related to vehicle usage. Once the tenure is over, the customer has an option to switch over to a new car or avail the option of purchasing the subscribed car. The service also offers the customers the option of foreclosing the subscription at any point in time. The car subscription is a relatively new concept for the customers in India.

The company has also launched a marketplace model for Maruti Suzuki Subscribe that served as a unified platform to offer customised car subscription products through multiple partners at competitive rates.