The stock of the country’s largest passenger vehicle maker, Maruti Suzuki India (MSIL), has been hitting successive all-time highs over the past three trading sessions. The rally in the scrip has helped it notch over a 21 per cent gain since the start of February, outperforming the National Stock Exchange Nifty Auto Index. … Continue reading Maruti India’s gearshift to growth: Turbocharging the product portfolio | Stock Market Today
Tag: Maruti
Maruti expected to launch 10 new models in next 8 years: Bhargava
Maruti Suzuki India (MSIL) could have about 28 different models, including six electric vehicles (EVs), in its portfolio by 2030-31 (FY31), its Chairman R C Bhargava said in the company’s annual report. Currently, India’s largest carmaker sells 18 different models. He said that the Indian car industry is expected to grow at a… Continue reading Maruti expected to launch 10 new models in next 8 years: Bhargava
With 8 products in top-10 best-selling cars, Maruti continues to dominate
Maruti Suzuki posted strong sales in July 2023 and has secured eight out of the top ten spots in the best-selling cars list in the country, ETAuto has reported. Data released by the auto industry revealed that Maruti Suzuki Swift was the best-selling passenger vehicle in July 2023, with sales ending at 17,896… Continue reading With 8 products in top-10 best-selling cars, Maruti continues to dominate
Maruti acquisition, Mumbai property price, DVR, semiconductors
Maruti Suzuki India is set to acquire parent Suzuki Motor’s manufacturing facility in Gujarat. India’s largest carmaker plans to wind up the deal to purchase its contract manufacturing partner, Suzuki Motor Gujarat, by March 31st next year. But why is Maruti Suzuki buying its parent’s unit in Gujarat? Is there more to it than… Continue reading Maruti acquisition, Mumbai property price, DVR, semiconductors
Buyout impact, margin worries likely to cap gains for Maruti Suzuki
Premium The company is expected to outperform the passenger vehicle industry, which is expected to grow in the 5-7 band in FY24. The stock of the country’s largest passenger vehicle maker, Maruti Suzuki India (MSIL) was down 1.06 per cent in trade on margin pressures in Q1FY24, mixed market share outlook, and earnings impact… Continue reading Buyout impact, margin worries likely to cap gains for Maruti Suzuki
Top Stocks to Watch today, August 01, 2023: Adani Total, PVR Inox, Maruti, ITC, SBI, autos
Stocks to Watch on Tuesday, August 1: Mixed global cues, stock-specific action amid the June quarter results season, and macrodata will keep the market participants hooked on Tuesday. At 7:45 AM, Gift Nifty quoted at 19,890 as against Nifty’s spot close of 19,754 on Monday in the cash market, and Nifty Future’s previous close… Continue reading Top Stocks to Watch today, August 01, 2023: Adani Total, PVR Inox, Maruti, ITC, SBI, autos
Maruti to acquire Suzuki Motor Corp’s Gujarat plant to boost efficiency
On Monday, Maruti Suzuki India Limited (MSIL) announced that it would acquire the Gujarat plant from parent company Suzuki Motor Corporation (SMC) to boost the efficiency of its production and supply chain. “How this equity will be acquired and in what form is yet to be decided. For that, we have a subsequent… Continue reading Maruti to acquire Suzuki Motor Corp’s Gujarat plant to boost efficiency
Maruti Suzuki to acquire Suzuki Motor Gujarat from Japanese parent co
Marut Suzuki India on Monday said its board has approved the acquisition of the entire stake in Suzuki Motor Gujarat from Japan-based parent Suzuki Motor Corporation. Currently, Suzuki Motor Corporation (SMC) owns a 100 per cent stake in Suzuki Motor Gujarat (SMG) which supplies its entire production to Maruti Suzuki. Maruti Suzuki… Continue reading Maruti Suzuki to acquire Suzuki Motor Gujarat from Japanese parent co
Top Stocks to Watch today, July 31: Adani Green, Maruti, Power Grid, NTPC, PEL
Stocks to Watch on Monday, July 31: Asia-Pacific markets rose on Monday even as China’s factory activity for July remained in contraction territory for the fourth straight month. Hong Kong’s Hang Seng index surged over 1.71 per cent, China’s Shanghai Composite was up 1.27 per cent, Japan’s Nikkei 225 popped 1.83 per cent, and… Continue reading Top Stocks to Watch today, July 31: Adani Green, Maruti, Power Grid, NTPC, PEL