Maruti Suzuki India moves up as its Dzire achieves 3 million production mark
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Maruti Suzuki India is currently trading at Rs. 10825.05, up by 23.15 points or 0.21% from its previous closing of Rs. 10801.90 on the BSE.
The scrip opened at Rs. 10789.35 and has touched a high and low of Rs. 10842.50 and Rs. 10749.00 respectively. So far 1458 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. 9738.40 on 18-Jan-2024.
Last one week high and low of the scrip stood at Rs. 11132.35 and Rs. 10749.00 respectively. The current market cap of the company is Rs. 340004.38 crore.
The promoters holding in the company stood at 58.19%, while Institutions and Non-Institutions held 38.50% and 3.31% respectively.
Maruti Suzuki India has reached a cumulative production milestone of 3 million units for its Dzire. This significant was achieved in just around 16 years and 11 months. Previously, the Dzire achieved cumulative production of 1 million units in April 2015, and the 2 million production milestone was achieved in June 2019. Other Maruti Suzuki models to have crossed the 3 million cumulative production milestone include Alto, Swift and WagonR.
Maruti Suzuki launched Dzire in 2008 followed by the second and third generations in 2012 and 2017, respectively. The 4th generation All-New Dzire was launched in November 2024 featuring progressive design, plush two-tone interiors and a host of segment-first features.
The Dzire has not only been a favorite in India but also received appreciation in international markets, enhancing Maruti Suzuki’s global presence. Since the start of its exports in October 2008, around 2.6 lakh units have been exported to 48 countries, with key regions including Latin & Central America, Africa, Southeast Asia and the Middle East. In FY 2023-24, the Dzire was the second-highest exported model by Maruti Suzuki.
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.
