Maruti Suzuki trades higher on reporting 40.27% rise in total production in August
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Maruti Suzuki India is currently trading at Rs. 9092.85, up by 64.90 points or 0.72% from its previous closing of Rs. 9027.95 on the BSE.
The scrip opened at Rs. 9027.00 and has touched a high and low of Rs. 9147.05 and Rs. 8952.15 respectively. So far 8982 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 9229.00 on 01-Sep-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. 9229.00 and Rs. 8581.80 respectively. The current market cap of the company is Rs. 275720.55 crore.
The promoters holding in the company stood at 56.37%, while Institutions and Non-Institutions held 39.90% and 3.73% respectively.
Maruti Suzuki India’s total production (Passenger Vehicle + Light Commercial Vehicles) in August 2022 has increased by 40.27% on a yearly basis to 159,815 units. The company had produced a total of 113,937 units in the year-ago period. Passenger vehicle production stood at 156,041 units in August 2022, as against 111,368 units in August 2021.
Production of mini cars comprising Alto and S-Presso models stood at 20,768 units in August 2022 as against 20,332 units a year ago. Similarly, manufacturing of compact cars, comprising Baleno, Celerio, Dzire, Ignis, Swift, WagonR, OEM Model stood at 85,205 units as against 47,640 units earlier. Production of utility vehicles -- Brezza, Ertiga, Jimny, S-Cross, XL6, OEM Model -- increased to 35,697 units in August 2022 from 29,965 units in the corresponding month of 2021. Meanwhile, production of its light commercial vehicle Super Carry stood at 3,774 units as against 2,569 units in the year-ago month.
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.
