Maruti Suzuki India rides high on commencing export of sports utility vehicle ‘Fronx’ to Japan
Maruti Suzuki India is currently trading at Rs. 12202.85, up by 37.20 points or 0.31% from its previous closing of Rs. 12165.65 on the BSE.
The scrip opened at Rs. 12294.70 and has touched a high and low of Rs. 12294.70 and Rs. 12130.00 respectively. So far 2745 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. 9256.75 on 16-Aug-2023.
Last one week high and low of the scrip stood at Rs. 12449.65 and Rs. 12111.00 respectively. The current market cap of the company is Rs. 383604.15 crore.
The promoters holding in the company stood at 58.19%, while Institutions and Non-Institutions held 38.41% and 3.40% respectively.
Maruti Suzuki India has commenced export of its sports utility vehicle Fronx to Japan. The first consignment of over 1,600 vehicles left for Japan from Gujarat's Pipavav port. Fronx will be the first SUV from Maruti Suzuki stable to be launched in Japan. The company rolls out the model exclusively from its Gujarat plant. Fronx is the second model from Maruti Suzuki to be exported to Japan, after Baleno in 2016.
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.