Maruti Suzuki falls on recalling over 16,000 units of Baleno, WagonR
Maruti Suzuki India is currently trading at Rs. 12266.05, down by 70.15 points or 0.57% from its previous closing of Rs. 12336.20 on the BSE.
The scrip opened at Rs. 12333.70 and has touched a high and low of Rs. 12333.70 and Rs. 12149.40 respectively. So far 4354 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 12423.45 on 22-Mar-2024 and a 52 week low of Rs. 8150.00 on 28-Mar-2023.
Last one week high and low of the scrip stood at Rs. 12423.45 and Rs. 11365.95 respectively. The current market cap of the company is Rs. 385374.24 crore.
The promoters holding in the company stood at 58.19%, while Institutions and Non-Institutions held 38.30% and 3.49% respectively.
Maruti Suzuki India is recalling over 16,000 units of Baleno and WagonR to fix a possible defect in a part of the fuel pump motor. The company is recalling 11,851 units of Baleno and 4,190 units of WagonR manufactured between July 30, 2019 and November 1, 2019.
It is suspected that there is a possible defect in a part of the fuel pump motor, which in a rare case may lead to engine stalling or engine starting issue.
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.
