Maruti Suzuki trades higher on starting exports of Grand Vitara

Maruti Suzuki India is currently trading at Rs. 8505.00, up by 8.95 points or 0.11% from its previous closing of Rs. 8496.05 on the BSE.

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Maruti Suzuki India

The scrip opened at Rs. 8492.95 and has touched a high and low of Rs. 8511.00 and Rs. 8457.15 respectively. So far 2547 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. 8534.85 and Rs. 8340.95 respectively. The current market cap of the company is Rs. 256020.40 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 commenced exports of its highly successful premium SUV, Grand Vitara. The first shipment of Grand Vitara sailed to Latin America from the Kamarajar port recently. The company aims to export Grand Vitara to more than 60 countries across Latin America, Africa, Middle East, ASEAN and neighboring regions.

In calendar year 2022, Maruti Suzuki registered an export of over 2.6 lakh vehicles, its highest ever exports in a calendar year. With the addition of Grand Vitara, the Company aims to further strengthen its position as India’s leading passenger vehicle exporter.

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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