Maruti Suzuki India inches up as its production rises 13% in October
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The scrip opened at Rs. 10308.05 and has touched a high andlow of Rs. 10361.40 and Rs. 10305.00 respectively. So far 122 shares weretraded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52week high of Rs. 10846.10 on 27-Oct-2023 and a 52 week low of Rs. 8076.65 on26-Dec-2022.
Last one week high and low of the scrip stood at Rs. 10741.30and Rs. 10187.35 respectively. The current market cap of the company is Rs.311355.43 crore.
The promoters holding in the company stood at 56.48%, whileInstitutions and Non-Institutions held 40.06% and 3.45% respectively.
Maruti Suzuki India's production rose 13.05% to 176,437units in October 2023. The company had a total production of 156,067 units inthe same month a year ago. Production in mini cars and compact segment,comprising models such as Alto, S-Presso, Baleno, Celerio, Dzire, Ignis, Swiftand WagonR, OEM Model decreased to 104,856 units in October 2023 as compared to118,137 units in October 2022.
Light commercial vehicle Super Carry's production surged to3,207 units in October 2023 as against 2,517 units in October 2022. Productionof utility vehicles, including Brezza, Ertiga, Fronx, Jimny, S-Cross and XL6,OEM Model was up at 54,316 units in October 2023 as compared to 23,681 units in the year-ago month.
Maruti Suzuki India is an automobile manufacturer in India.It provides passenger cars, utility vehicles and vans. The firm also offerspre-owned car sales, fleet management and car financing services.
