Fri, Mar 01, 2024
Shares of the PSU logged sharp gains of over 10 per cent to Rs 133.4 amid broader gains in the metal pack.
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Fri, Feb 23, 2024
So, maintaining its optimistic stance, the global brokerage maintained a buy on the counter for a target of Rs 14,200, signalling an up to 24 per cent upside in the heavyweight stock.
Thu, Feb 22, 2024
Maruti share price: Amid the fresh buy stance, shares of the company in trade on Thursday (February 22, 2024) traded higher by 0.88 per cent, while at the day's high they scaled to Rs 11,598.2, indicating over 1 per cent gains.
Sun, Feb 11, 2024
"We are seeing some logistical challenges because of the Red Sea issue. And there may be some increase in costs because of risk or because of rerouting of vessels but it should not be significant," MSI Executive Officer (Corporate Affairs) Rahul Bharti said in an analyst call.
Fri, Feb 09, 2024
Besides the domestic market, the auto major also exports the model to over 80 countries.
Thu, Feb 01, 2024
Maruti Suzuki sales Jan 2024: Maruti Suzuki India's total vehicle sales, including exports, increased 5 per cent at 1,99,364 units in January from 1,72,535 units in the same month last year.
Maruti Suzuki share price target: During market hours on Wednesday, Maruti Suzuki reported a standalone net profit of Rs 3,130 crore for the September- December quarter of the current fiscal (Q3 FY24), up 33.11 per cent year-on-year (YoY).
Wed, Jan 31, 2024
Maruti Suzuki Q3 Preview: Total revenue from operations increased 14.68 per cent YoY to Rs 33,308.7 crore against Rs 29,044.3 logged in the year-ago period.
The analysts expect Maruti Suzuki India—whose popular cars include Wagon R and Baleno—to record a 15 per cent rise in quarterly revenue to Rs 33,400 crore, on the back of 7.6 per cent growth in volumes to 5.01 lakh units.
Thu, Jan 25, 2024
This strategic alliance reinforces the company's long term association with J&K Bank.
Wed, Jan 10, 2024
"We will invest Rs 35,000 crore for the construction of a second car plant in Gujarat which would produce another one million units per year," Suzuki said.
Sun, Jan 07, 2024
In home loans which are floating rates the repo rate increase comes immediately into the retail loan rates but in the case of auto, almost 98 per cent is fixed rate loans.
Tue, Jan 02, 2024
Total passenger vehicle production last month stood at 1,19,518 units as against 1,24,135 units in December 2022, down 3.72 per cent, it added.
Maruti Suzuki sales declined in December... Where is the pressure on domestic sales coming from? Where did exports get support from? Special conversation with Shashank Srivastava, Senior Executive Officer (Marketing & Sales), Maruti Suzuki
The stocks of TVS Motor, Mahindra & Mahindra, Bajaj Auto, and Escorts Kubota were also trading lower on BSE after most of the automakers failed to meet Zee Business research estimates in terms of sales numbers for December.
Mon, Jan 01, 2024
Market leader Maruti Suzuki, Hyundai Motor India, Tata Motors and Toyota Kirloskar Motor reported their best-ever annual sales in 2023. The record sales have been achieved despite an increase in the average price of vehicles to Rs 11.5 lakh last year as compared to Rs 10.58 lakh in 2022.
Fri, Dec 22, 2023
The new institute would come up at Kansala in Rohtak, Haryana and will be operational next year.
Sun, Dec 10, 2023
Passenger vehicle makers such as Maruti Suzuki, Hyundai Motor India, Tata Motors, Mahindra & Mahindra, Honda and Audi have also announced plans to increase vehicle prices in January.
Wed, Dec 06, 2023
Suzuki Motor Gujarat Private Ltd (SMG), which runs the car manufacturing plant at Hansalpur, is a wholly-owned subsidiary of Maruti Suzuki and commenced operation in February 2017.
Mahindra & Mahindra said it has initiated complimentary roadside assistance, no-cost inspection and damage assessment and financial relief through special discount to its customers in the affected areas.
Mon, Dec 04, 2023
"Good sales in the month of November, good demand in the festive season": Shashank Srivastava, Senior Executive Officer - Marketing & Sales, Maruti Suzuki India
At around 10:44 a.m., Marurti Suzuki shares were down 1.04 per cent, or Rs 109.6, at Rs 10,474.45 apiece on BSE. The market capitalisation of the company stood at Rs 3,16,412.25 crore at around the same time.
Fri, Dec 01, 2023
The production of utility vehicles, including Brezza, Grand Vitara, Ertiga and Jimny, however, rose to 45,483 units last month as compared with 29,294 units in November 2022.
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