Maruti Suzuki trades higher on the BSE
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Maruti Suzuki India is currently trading at Rs. 8730.10, up by 49.80 points or 0.57% from its previous closing of Rs. 8680.30 on the BSE.
The scrip opened at Rs. 8650.05 and has touched a high and low of Rs. 8740.00 and Rs. 8650.05 respectively. So far 15512 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. 7062.65 on 13-May-2022.
Last one week high and low of the scrip stood at Rs. 8821.65 and Rs. 8650.00 respectively. The current market cap of the company is Rs. 263693.24 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 (MSIL) has been scaling up its capabilities not just in providing customer-centric products, but also by offering holistic services to customers with the aim of providing ‘Joy of Mobility’ to all. Backed by the assurance of over 25 million customers, the Company’s value-added initiatives such as Smart Finance, Subscribe and Rewards have registered remarkable growth in FY23, thanks to great customer acceptance.
These initiatives are consistently evolving to adapt to the changing needs of customers and redefining the automotive experience for car buyers in India. In the financial year gone by, Maruti Suzuki Subscribe registered a Y-o-Y growth of 292% in car subscriptions. Catering to rising demand, its presence was extended to 25 cities, with 5 leasing partners, 2 of these new leasing partners were onboarded in FY2022-23.
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.
