Shivangi Sarda, Manager Research Analyst, Motilal Oswal Financial Services, says Maruti has been the top gainer today and good buying is seen in this stock. RSI is showing a positive divergence and this stock has moved after a consolidation of the last five months. Rs 13,800 is the next target for Maruti with the support … Read more
Maruti Suzuki on Monday announced a reduction in prices of select variants of two models amid the growing inventory concerns in the automobile industry and decline in sales. Effective from today, price of S-Presso LXI Petrol, originally priced at Rs 5.01 lakh (ex-showroom), has been reduced by Rs 2,000. Meanwhile, price of the Alto K10 … Read more
Shares of India’s largest carmaker, Maruti Suzuki rallied 4% to hit a 52-week high at Rs 13,675 in Thursday’s trade on BSE after the firm reported strong Q1 FY24 earnings.Maruti reported a 46.9% year-on-year (YoY) increase in standalone profit for the June quarter, reaching Rs 3,650 crore, surpassing the Street estimate of Rs 3,467 crore. … Read more
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Shares of Maruti Suzuki rose 6% to reach a day’s high of Rs 12,736 on the BSE, emerging as the top Nifty gainer on Tuesday. This surge followed reports that the UP government had waived registration taxes on hybrid cars as part of its initiative to promote environmentally friendly vehicles in the state. The move … Read more
On the back of record exports last fiscal, Maruti Suzuki India is confident of its overseas shipments crossing 3 lakh units in FY25 as part of gradual scaling up to meet the target of up to 8 lakh units by 2030, according to a senior company official. The company plans to launch more models in … Read more
Shares of Maruti Suzuki India (MSIL) jumped 4% on Wednesday to hit a fresh 52-week high of Rs 12,722.70 on the NSE. The company also entered the coveted club of stocks with a market capitalisation of Rs 4 lakh crore. Currently, there are 13 other stocks with a market capitalisation of Rs 4 lakh crore … Read more
