Thu, Jan 02, 2025
Maruti Suzuki shines with a thirty per cent sales surge in December, bullish EV plans, and strong demand; stock rallies three per cent as pending bookings surpass two lakh units.
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Total tractor sales (domestic + exports) increased 19.9 per cent at 22943 units in the last month, as against 19,138 units for the same period last year.
Fri, Dec 27, 2024
Osamu Suzuki's company's association with India reportedly became a game-changer for the Indian automotive industry when Suzuki joined hands with Maruti after turning down the Indian company's offer initially. It was only Osamu, who reportedly forced his company to reconsider the decision, as the two partners launched the Maruti Suzuki car in 1983.
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.
Maruti Suzuki sales in November 2023: The company's total domestic sales, comprising passenger vehicles, commercial vehicles and third-party supplies, were at 1,41,489 units last month as against 1,39,306 units in the year-ago period, up 1.57 per cent, Maruti Suzuki India said in a regulatory filing.
Tue, Nov 28, 2023
Maruti Suzuki India shares jumped on Nov 28 as investors responded positively to the company's decision to raise car prices in January 2024 to counter rising input costs. The stock price surged by nearly 0.4%, reaching within Rs 290 of its record high. This video delves into the factors driving the price hike and the implications for Maruti Suzuki's financial outlook.
The news of Maruti Suzuki's decision to raise prices followed similar announcements from homegrown rival Tata Motors and German luxury carmaker Audi as rising input costs eat into the margins for the entire auto space.
Mon, Nov 27, 2023
This price increase shall vary across models,” said the company in an exchange filing on Monday, November 27.
Fri, Nov 24, 2023
Maruti Suzuki India on Friday said its board has approved allotment of over 1.23 crore shares to its parent Suzuki Motor Corporation (SMC) on a preferential basis for the acquisition of 100 per cent stake in Suzuki Motor Gujarat.
Sun, Nov 05, 2023
MSI currently has an installed production capacity of around 23 lakh units per annum spread across its plants in Haryana and Gujarat. Bharti said the initiative "comes at a small cost" as it involves a slightly suboptimal format of production.
Thu, Nov 02, 2023
Results got support due to increase in volume in Q2... Production increased due to reduction in semiconductor problems: Shashank Srivastava, Senior Executive Officer- Marketing & Sales, Maruti Suzuki India
Auto stocks: October turned out to be a strong month for automobile manufacturers as the festive season, lower base, and discounts on entry-level models boosted sales across passenger vehicles (PVs), two-wheelers (2Ws), commercial vehicles (CVs) as well as original equipment manufacturers (OEMs).
Mon, Oct 30, 2023
The benchmark Nifty50 zoomed 0.49 per cent or 93.65 points to 19,140.9, while the 30-stock BSE Sensex advanced 0.52 per cent or 329.85 points, to 64,112.65.
Maruti Suzuki India results: The carmaker had reported a profit of Rs 2,061.5 crore in the year-ago period. Maruti said that the jump in net profit was on account of higher net sales, a softening of commodity prices, cost reduction efforts, and higher non-operating income.
Stocks to watch: APL Apollo, Adani Green Energy, Andhra Paper, Blue Star, DLF, Craftsman Automation, Castrol, Fine Organics, GMR Airports, KPIT Technologies and KPIT Technologies among others.
Thu, Oct 26, 2023
Stocks to watch: Reliance Industries, GNA Axles, Maruti Suzuki, Bajaj Holdings, Blue Dart, Bajaj Finserv, BPCL, Cipla, City Union Bank, Dr Reddy’s Labs, Mahindra Lifespace Developers, GMR Airports, and GE Shipping, among others, will release their September quarter results today.
Tue, Oct 17, 2023
Maruti share price: Post the allotment of securities on a preferential basis, Suzuki Motor Corporation, Japan’s stake in the country’s leading auto manufacturer, will increase from 56.48 per cent to 58.19 per cent.
Fri, Oct 13, 2023
The issue will be taken up at the company's Board of Directors meeting, scheduled on October 17, India's leading car maker said in a stock exchange filing on Thursday.
Wed, Oct 11, 2023
The new alliance will empower over 4,000 Maruti Suzuki sales outlets across the country with comprehensive inventory funding options for their working capital needs, the automaker said in a statement on Tuesday.
The vehicle will be shipped to destinations including Latin America, Middle East and Africa, the company said.
Thu, Oct 05, 2023
Strong demand will also benefit in the festive season... Company is taking opinion from experts on tax notice received: Shashank Srivastava, Senior Executive Officer, Marketing & Sales Maruti Suzuki India
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