Maruti Suzuki catches speed as its CNG range crosses cumulative sales of 10 lakh units

Maruti Suzuki India is currently trading at Rs. 7465.00, up by 150.50 points or 2.06% from its previous closing of Rs. 7314.50 on the BSE.

maruti suzuki surges on eyeing for cng hybrid cars to reduce oil imports e1627878262707
maruti suzuki surges on eyeing for cng hybrid cars to reduce oil imports e1627878262707

The scrip opened at Rs. 7315.00 and has touched a high and low of Rs. 7618.30 and Rs. 7315.00 respectively. So far 36281 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 5 has touched a 52 week high of Rs. 9022.00 on 10-Feb-2022 and a 52 week low of Rs. 6400.00 on 03-May-2021.

Last one week high and low of the scrip stood at Rs. 7618.30 and Rs. 6780.00 respectively. The current market cap of the company is Rs. 226620.46 crore.

The promoters holding in the company stood at 56.37%, while Institutions and Non-Institutions held 38.89% and 4.74% respectively.

Maruti Suzuki India’s CNG range of vehicles has crossed the cumulative sales milestone of 10 lakh units. At present, the company has a portfolio of nine ‘S-CNG’ vehicles in the personal and commercial segment, including Alto, S-Presso, WagonR, Celerio, Dzire, Ertiga, Eeco, Super Carry and Tour-S.

The company’s S-CNG range is specifically designed, developed and manufactured at its facilities to suit the Indian driving conditions. The company’s ‘S-CNG’ technology has played a significant role in laying the groundwork for democratising CNG technology in the Indian automotive space.

Maruti Suzuki India (formerly known as Maruti Udyog) 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.

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