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11-Dec2012

Maruti Suzuki India gains on unveiling limited edition of 'A-Star Aktiv'

Maruti Suzuki India is currently trading at Rs. 1496.55, up by 3.60 points or 0.24% from its previous closing of Rs. 1492.95 on the BSE.

The scrip opened at Rs. 1490.95 and has touched a high and low of Rs. 1499.00 and Rs. 1482.00 respectively. So far 4,594 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1537.00 on 07-Dec-2012 and a 52 week low of Rs. 905.55 on 19-Dec-2011.

Last one week high and low of the scrip stood at Rs. 1537.00 and Rs. 1459.60 respectively. The current market cap of the company is Rs. 43,236.00 crore.

The promoters holding in the company stood at 54.21% while Institutions and Non-Institutions held 36.60% and 9.19% respectively.

Maruti Suzuki India (MSI), the country's largest car maker, has unveiled a limited edition of A-Star, christened as 'A-Star Aktiv' that will be costlier by Rs 14,990 than the existing variant. The price of A-Star varies between Rs 3.76 lakh and Rs 4.61 lakh (ex-showroom, Delhi).

In order to entice young customers the company has unveiled this limited edition with some new features. The limited edition A-Star Aktiv is available in Vxi and Vxi AT variants. The petrol-driven car is powered by a 998 cc K10B engine and offers a mileage of 19 km per litre.

Recently, the company had decided to increase prices of its vehicles across all models by up to Rs 20,000 from January considering pressure on its margins due to currency fluctuation.


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