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14-Sep2018

Maruti Suzuki gains on boosting Baleno production to cut down waiting, delight customers

Maruti Suzuki India is currently trading at Rs. 8653.00, up by 150.90 points or 1.77% from its previous closing of Rs. 8502.10 on the BSE.

The scrip opened at Rs. 8581.00 and has touched a high and low of Rs. 8699.55 and Rs. 8581.00 respectively. So far 19396 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 10000.00 on 20-Dec-2017 and a 52 week low of Rs. 7651.40 on 28-Sep-2017.

Last one week high and low of the scrip stood at Rs. 8,782.50 and Rs. 8401.00 respectively. The current market cap of the company is Rs. 261269.04 crore.

The promoters holding in the company stood at 56.21%, while Institutions and Non-Institutions held 36.35% and 7.44% respectively.

Maruti Suzuki India has increased production of its blockbuster model Baleno, with a core focus to enhance customer experience. This will help to delight customers by reducing the waiting period for Baleno.

Launched in October 2015, Baleno is one of the top selling models for Maruti Suzuki. The premium hatchback has been featuring among India's top five best selling cars since March 2017. Maruti Suzuki has sold over 450,000 units of Baleno cumulatively, since its launch.

Maruti Suzuki India (formerly known as Maruti Udyog) 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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