Maruti Suzuki India gains on expanding solar capacity by 30MWp with new projects at Kharkhoda, Manesar
Maruti Suzuki India is currently trading at Rs. 12216.00, up by 88.90 points or 0.73% from its previous closing of Rs. 12127.10 on the BSE.
The scrip opened at Rs. 12127.10 and has touched a high and low of Rs. 12250.05 and Rs. 12127.10 respectively. So far 1325 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 13675.00 on 01-Aug-2024 and a 52 week low of Rs. 10725.00 on 24-Dec-2024.
Last one week high and low of the scrip stood at Rs. 12496.40 and Rs. 12058.25 respectively. The current market cap of the company is Rs. 384671.55 crore.
The promoters holding in the company stood at 58.28%, while Institutions and Non-Institutions held 38.60% and 3.11% respectively.
Maruti Suzuki has expanded its solar capacity by 30MWp with two new projects. The company commissioned a 20MWp solar power project at its new facility in Kharkhoda, Haryana, and added another 10MWp solar capacity to its Manesar facility. With these additions, the company’s total solar capacity across its locations has enhanced from 49MWp to 79MWp in the last one year.
Besides, the company is increasing the share of green power sourced from State Electricity Boards for its consumption. These initiatives in solar power and green power will help the company meaningfully shift its dependence towards renewable energy.
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.
