Maruti Suzuki India shines as its production rises in October 2024
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Maruti Suzuki India is currently trading at Rs. 11209.25, up by 155.25 points or 1.40% from its previous closing of Rs. 11054.00 on the BSE.
The scrip opened at Rs. 11053.50 and has touched a high and low of Rs. 11275.70 and Rs. 11008.20 respectively. So far 7103 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. 11515.00 and Rs. 10860.00 respectively. The current market cap of the company is Rs. 351110.65 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's production increased 0.50% to 1,77,312 units in October 2024. The company had a total production of 1,76,437 units in the same month a year ago. Production in mini cars and compact segment, comprising models such as Alto, S-Presso, Baleno, Celerio, Dzire, Ignis, Swift and WagonR, OEM Model decreased 16.27% to 87,794 units in October 2024 as compared to 1,04,856 units in October 2023.
Light commercial vehicle Super Carry's production increased to 3,650 units in October 2024 as against 3,207 units in October 2023. Production of utility vehicles, including Brezza, Ertiga, Fronx, Jimny, XL6 and OEM Model was up at 72,339 units in October 2024 as compared to 54,316 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 offers pre-owned car sales, fleet management and car financing services.
