Maruti Suzuki rises on eyeing sales of vehicles with auto gear shift to pick up further next year
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Maruti Suzuki India is currently trading at Rs. 8227.65, up by 84.35 points or 1.04% from its previous closing of Rs. 8143.30 on the BSE.
The scrip opened at Rs. 8140.00 and has touched a high and low of Rs. 8230.00 and Rs. 8076.65 respectively. So far 4645 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. 6540.00 on 08-Mar-2022.
Last one week high and low of the scrip stood at Rs. 8623.35 and Rs. 8076.65 respectively. The current market cap of the company is Rs. 248542.41 crore.
The promoters holding in the company stood at 56.37%, while Institutions and Non-Institutions held 39.94% and 3.69% respectively.
Maruti Suzuki India is eyeing sales of its vehicles with auto gear shift to pick up further next year, with increasing congestion across cities in India. The company had introduced the auto gear shift (AGS) technology that relieves drivers from manually changing gears using the clutch, for the first time in 2013-14 on its hatchback Celerio. It has cumulatively sold 7.74 lakh units of such vehicles across its portfolio so far.
The company has nine models -- Celerio, Alto K10, WagonR, Dzire, Ignis, Swift, Brezza, S-Presso and Baleno -- which come with the AGS option.
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.
