Maruti Suzuki inches up on registering 28% jump in exports during 2022

Maruti Suzuki India is currently trading at Rs. 8394.00, up by 7.70 points or 0.09% from its previous closing of Rs. 8386.30 on the BSE.

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Maruti Suzuki India

The scrip opened at Rs. 8385.00 and has touched a high and low of Rs. 8407.00 and Rs. 8310.00 respectively. So far 6016 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 5 has touched a 52 week high of Rs. 9768.65 on 31-Oct-2022 and a 52 week low of Rs. 6540.00 on 08-Mar-2022.

Last one week high and low of the scrip stood at Rs. 8527.05 and Rs. 8305.80 respectively. The current market cap of the company is Rs. 253848.45 crore.

The promoters holding in the company stood at 56.37%, while Institutions and Non-Institutions held 39.94% and 3.69% respectively.

Maruti Suzuki India has registered record exports of 263,068 units in calendar year (CY) 2022. This is an increase of 28% over the previous record of 205,450 vehicles dispatched overseas in CY 2021.

Interestingly, the Company exported in CY 2022 more than double the volume, it exported in pre-COVID year (2019). Maruti Suzuki started exports in FY 1986-87, with the Company’s first consignment to Hungary.

Maruti Suzuki today exports to around 100 countries.

Maruti Suzuki vehicles witness high popularity among customers in regions like Africa, Middle East, Latin America, ASEAN and neighboring regions.

The Company exports 16 models at present. In 2022, the highest exported models by Maruti Suzuki were Dzire, Swift, S-Presso, Baleno and Brezza.

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.

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