Maruti Suzuki rises on inking pact with Cholamandalam Investment and Finance Company
Maruti Suzuki India is currently trading at Rs. 9193.15, up by 35.75 points or 0.39% from its previous closing of Rs. 9157.40 on the BSE.
The scrip opened at Rs. 9149.00 and has touched a high and low of Rs. 9214.50 and Rs. 9149.00 respectively. So far 2769 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. 7557.60 on 07-Jun-2022.
Last one week high and low of the scrip stood at Rs. 9230.20 and Rs. 8964.90 respectively. The current market cap of the company is Rs. 277832.09 crore.
The promoters holding in the company stood at 56.48%, while Institutions and Non-Institutions held 39.73% and 3.78% respectively.
Maruti Suzuki India has partnered with Cholamandalam Investment and Finance Company (Chola) for inventory financing for its dealer partners. The new alliance will empower over 3,600 Maruti Suzuki dealerships across the country with comprehensive inventory funding options for their working capital requirements.
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.