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Maruti Suzuki India Ltd

Fri 30/05/2025,9:59:57 | NSE : MARUTI

₹ 12431.0039.00 (0.31%)

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Market Data

Essential tool: analyze, trade, manage, decide.

Open

₹ 12392.00

Previous Close

₹ 12392.00

Volume

34090

Mkt Cap ( Rs. Cr)

₹390833.84

High

₹ 12490.00

Low

₹ 12385.00

52 Week High

₹ 13680.00

52 Week Low

₹ 10725.00

Book Value Per Share

₹ 2834.77

Dividend Yield

1.08

Face Value

₹ 5.00

What’s Your Call?

Collective community sentiment on Maruti Suzuki India Ltd

Your Vote -

Buy

68.70%

Hold

15.74%

Sell

15.56%

68.70%

50979 users have voted

Market Depth

How many stocks are available to buy or sell and at what prices.

Buy Order Quantity

47%

Sell Order Quantity

53%

Bid Price

Qty

12432.00

23

12431.00

5

12430.00

18

12429.00

37

12428.00

37

Bid Total

19805

Bid Price

Qty

12434.00

24

12436.00

2

12437.00

72

12438.00

30

12439.00

82

Bid Total

22067

Option Chain

Analyzes market sentiment, predicts Maruti Suzuki India Ltd' movement.

Call Price Open interest Strike Price Put Price Open interest

News

Media spotlight triggers maruti suzuki india ltd stock attention, sentiment.

  • Maruti Suzuki India - Intimation Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And D

    25 May 2025, 3:23PM Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Maruti Suzuki India - General Updates

    25 May 2025, 3:23PM Maruti Suzuki India Limited has informed the Exchange about Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obli
  • Maruti Suzuki India - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    21 May 2025, 6:13PM Schedule of Investor Meetings
  • Maruti Suzuki India - Analysts/Institutional Investor Meet/Con. Call Updates

    21 May 2025, 6:13PM Maruti Suzuki India Limited has informed the Exchange about Schedule of meet
  • Maruti Suzuki India - Notice Of Shareholders Meetings-XBRL

    16 May 2025, 4:57PM MARUTI SUZUKI INDIA LIMITED has informed the Exchange about Notice of Shareholders Meeting for Postal Ballot
  • Maruti Suzuki India - Shareholder Meeting / Postal Ballot-Notice of Postal Ballot

    16 May 2025, 3:21PM Notice of Postal Ballot
  • Maruti Suzuki India - Shareholders meeting

    16 May 2025, 3:20PM Maruti Suzuki India Limited has informed the Exchange regarding Notice of Postal Ballot
  • Maruti Suzuki India - Analysts/Institutional Investor Meet/Con. Call Updates

    15 May 2025, 4:40PM Maruti Suzuki India Limited has informed the Exchange about Schedule of meet
  • Maruti Suzuki India - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    15 May 2025, 4:38PM Schedule of Investor Meeting
  • Maruti Suzuki India - General Updates

    14 May 2025, 1:40PM Maruti Suzuki India Limited has informed the Exchange about Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obli
  • Maruti Suzuki India - Intimation Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And D

    14 May 2025, 1:42PM Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Maruti Suzuki India - Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

    12 May 2025, 5:23PM MARUTI SUZUKI INDIA LIMITED has informed the Exchange about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer
  • Maruti Suzuki India - Resignation of Statutory Auditor

    12 May 2025, 5:20PM MARUTI SUZUKI INDIA LIMITED has informed the Exchange about Resignation of Statutory Auditor
  • Maruti Suzuki India - General Updates

    12 May 2025, 4:22PM Maruti Suzuki India Limited has informed the Exchange about Change in Statutory Auditors of wholly owned material subsidiary of the Company.
  • Maruti Suzuki India - Change In Statutory Auditors Of Material Subsidiary Of The Company

    12 May 2025, 4:22PM Change in Statutory Auditors of Material Subsidiary of the Company
  • Maruti Suzuki India - General Updates

    12 May 2025, 12:53PM Maruti Suzuki India Limited has informed the Exchange about Consolidated financial results issued by Suzuki Motor Corporation in Japan
  • Maruti Suzuki India - Change in Auditors

    12 May 2025, 12:26PM Maruti Suzuki India Limited has informed the Exchange regarding Change in Auditors of the company.
  • Maruti Suzuki India - Change In Statutory Auditors

    12 May 2025, 12:26PM Change in Statutory Auditors
  • Maruti Suzuki India - Consolidated Financial Results Issued By Suzuki Motor Corporation In Japan

    12 May 2025, 12:52PM Consolidated financial results issued by Suzuki Motor Corporation in Japan
  • Maruti Suzuki India - Maruti Suzuki Production Volume: April 2025

    1 May 2025, 5:27PM Maruti Suzuki Production volume: April 2025
  • Maruti Suzuki India - General Updates

    1 May 2025, 5:27PM Maruti Suzuki India Limited has informed the Exchange about Maruti Suzuki Production volume: April 2025
  • Maruti Suzuki India - Press Release

    1 May 2025, 1:46PM Maruti Suzuki India Limited has informed the Exchange regarding a press release dated May 01, 2025, titled ""Maruti Suzuki sales in April 2025"".
  • Maruti Suzuki India - Analysts/Institutional Investor Meet/Con. Call Updates

    1 May 2025, 9:56AM Maruti Suzuki India Limited has informed the Exchange about Transcript
  • Maruti Suzuki India - Announcement under Regulation 30 (LODR)-Press Release / Media Release

    1 May 2025, 1:45PM Maruti Suzuki sales in April 2025
  • Maruti Suzuki India - Announcement under Regulation 30 (LODR)-Earnings Call Transcript

    1 May 2025, 9:55AM Transcript of investors' call
  • Maruti Suzuki India - Intimation Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And D

    30 Apr 2025, 12:30PM Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Maruti Suzuki India - General Updates

    30 Apr 2025, 12:30PM Maruti Suzuki India Limited has informed the Exchange about Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obli
  • Maruti Suzuki India - Copy of Newspaper Publication

    26 Apr 2025, 12:52PM Maruti Suzuki India Limited has informed the Exchange about Copy of Newspaper Publication
  • Maruti Suzuki India - General Updates

    25 Apr 2025, 11:33PM Maruti Suzuki India Limited has informed the Exchange about the Audio recording of the investors' call held on 25th April 2025.
  • Maruti Suzuki India - Audio Recording

    25 Apr 2025, 11:31PM Audio recording of the investors' call held on 25th April 2025
  • Maruti Suzuki India - Outcome of Board Meeting-XBRL

    25 Apr 2025, 9:08PM MARUTI SUZUKI INDIA LIMITED has informed the Exchange regarding Outcome of Board Meeting held on 25-Apr-2025 for Dividend
  • Maruti Suzuki India - Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

    25 Apr 2025, 9:03PM MARUTI SUZUKI INDIA LIMITED has informed the Exchange about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer
  • Maruti Suzuki India - Record Date For Payment Of Dividend

    25 Apr 2025, 2:49PM Record date for payment of dividend
  • Maruti Suzuki India - Record Date

    25 Apr 2025, 2:48PM Maruti Suzuki India Limited has informed the Exchange that Record date for the purpose of Dividend is 01-Aug-2025.
  • Maruti Suzuki India - Updates

    25 Apr 2025, 2:43PM Maruti Suzuki India Limited has informed the Exchange regarding 'Amendment in ""Code of Practices and Procedures for Fair Disclosure of Unpublished Pr
  • Maruti Suzuki India - Amendment In \Code Of Practices And Procedures For Fair Disclosure Of Unpublished Price Sensitive Infor

    25 Apr 2025, 2:43PM Amendment in \Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information\
  • Maruti Suzuki India - Investor Presentation

    25 Apr 2025, 2:34PM Maruti Suzuki India Limited has informed the Exchange about Investor Presentation
  • Maruti Suzuki India - Announcement under Regulation 30 (LODR)-Investor Presentation

    25 Apr 2025, 2:34PM Investor presentation on the annual financial results for the year ended 31st March 2025
  • Maruti Suzuki India Q4 net profit down 4.30% at Rs 3711.10 cr

    25 Apr 2025, 2:30PM The company reported standalone net profit of Rs 3,711.10 crore for the quarter ended March 31, 2025 as compared to Rs 3877.80 crore in the same perio
  • Maruti Suzuki India - Press Release

    25 Apr 2025, 2:29PM Maruti Suzuki India Limited has informed the Exchange regarding a press release dated April 25, 2025, titled ""Press Release on the annual financial r
  • Maruti Suzuki India - Announcement under Regulation 30 (LODR)-Press Release / Media Release

    25 Apr 2025, 2:29PM Press Release on the annual financial results for the year ended on 31st March 2025
  • Maruti Suzuki India - Dividend

    25 Apr 2025, 2:20PM Maruti Suzuki India Limited has informed the Exchange that Board of Directors at its meeting held on April 25, 2025, recommended Final Dividend of Rs.
  • Maruti Suzuki India - Corporate Action-Board approves Dividend

    25 Apr 2025, 2:20PM Dividend recommendation and dividend payment date
  • Maruti Suzuki India - Board Meeting Outcome for Audited Financial Results For The Year Ended On 31St March 2025

    25 Apr 2025, 2:17PM Audited financial results for the year ended on 31st March 2025
  • Maruti Suzuki India - Audited Financial Results For The Year Ended On 31St March 2025

    25 Apr 2025, 2:14PM Audited financial results for the year ended on 31st March 2025
  • Maruti Suzuki India - Outcome of Board Meeting

    25 Apr 2025, 2:13PM Maruti Suzuki India Limited has informed the Exchange regarding Outcome of Board Meeting held on April 25, 2025.
  • Maruti Suzuki India - General Updates

    25 Apr 2025, 12:24PM Maruti Suzuki India Limited has informed the Exchange about Appointment of Secretarial Auditors
  • Maruti Suzuki India - Appointment Of Secretarial Auditors

    25 Apr 2025, 12:24PM Appointment of Secretarial Auditors
  • Maruti Suzuki India - Change in Director(s)

    25 Apr 2025, 12:10PM Maruti Suzuki India Limited has informed the Exchange regarding Change in Director(s) of the company.
  • Maruti Suzuki India - Announcement under Regulation 30 (LODR)-Change in Directorate

    25 Apr 2025, 12:10PM Change in Directors
  • Maruti Suzuki India has submitted to BSE the Shareholding Pattern for the Period Ended March 31, 2025

    21 Apr 2025, 12:50PM As of March 2025, 58.28% is owned by Foreign Promoters and 41.72% by Public. <p align=justify> Institutional holds 38.60% (Insurance Companies 6.89%)
  • Maruti Suzuki India - Analysts/Institutional Investor Meet/Con. Call Updates

    18 Apr 2025, 5:52PM Maruti Suzuki India Limited has informed the Exchange about Schedule of meet
  • Maruti Suzuki India - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    18 Apr 2025, 5:51PM Schedule of Conference Call
  • Maruti Suzuki India - Intimation Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And D

    15 Apr 2025, 11:36AM Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Maruti Suzuki India - General Updates

    15 Apr 2025, 11:36AM Maruti Suzuki India Limited has informed the Exchange about Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obli
  • Maruti Suzuki India - Intimation Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And D

    14 Apr 2025, 3:16PM Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Maruti Suzuki India - General Updates

    14 Apr 2025, 3:16PM Maruti Suzuki India Limited has informed the Exchange about Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obl
  • Maruti Suzuki India - Board Meeting Intimation

    11 Apr 2025, 5:50PM Maruti Suzuki India Limited has informed the Exchange about Board Meeting to be held on 25-Apr-2025 to consider and approve the Yearly Audited Financi
  • Maruti Suzuki India - Board Meeting Intimation for Considering The Audited Financial Results For The Year Ended On 31St March

    11 Apr 2025, 5:29PM Maruti Suzuki India Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 25/04/2025 ,inter alia, to consider
  • Maruti Suzuki launches updated 2025 Grand Vitara with standard 6 airbags and enhanced premium features

    8 Apr 2025, 12:37PM Maruti Suzuki India Limited (MSIL) has officially launched the updated 2025 Grand Vitara, now priced from ?11.42 lakh (ex-showroom). With this refresh
  • Maruti Suzuki India - Press Release

    8 Apr 2025, 11:42AM Maruti Suzuki India Limited has informed the Exchange regarding a press release dated April 08, 2025, titled ""Maruti Suzuki Grand Vitara updated with
  • Maruti Suzuki India - Announcement under Regulation 30 (LODR)-Press Release / Media Release

    8 Apr 2025, 11:41AM Maruti Suzuki Grand Vitara updated with 6 Airbags as standard & new premium features
  • Maruti Suzuki India - General Updates

    2 Apr 2025, 4:45PM Maruti Suzuki India Limited has informed the Exchange about Advance intimation regarding Price Increase
  • Maruti Suzuki India - Advance Intimation Regarding Price Increase

    2 Apr 2025, 4:44PM Advance intimation regarding Price Increase
  • Maruti Suzuki India - Maruti Suzuki Production Volume: March 2025

    1 Apr 2025, 6:29PM Maruti Suzuki Production volume: March 2025
  • Maruti Suzuki India - General Updates

    1 Apr 2025, 6:29PM Maruti Suzuki India Limited has informed the Exchange about Maruti Suzuki Production volume: March 2025
  • Maruti Suzuki India - Press Release

    1 Apr 2025, 1:58PM Maruti Suzuki India Limited has informed the Exchange regarding a press release dated April 01, 2025, titled ""Maruti Suzuki sales in March 2025 and F
  • Maruti Suzuki sets new export record with 3.32 lakh units in FY25, up 17.5%

    1 Apr 2025, 3:30PM Maruti Suzuki India announced on Tuesday that it achieved a record-breaking total export of 3,32,585 units in the last fiscal year, marking a 17.5% in
  • Maruti Suzuki India - Trading Window-XBRL

    27 Mar 2025, 5:00PM Maruti Suzuki India Limited has informed the Exchange about Closure of Trading Window
  • Maruti Suzuki India - Trading Window

    27 Mar 2025, 4:52PM Maruti Suzuki India Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulatio
  • Maruti Suzuki India - Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

    26 Mar 2025, 4:59PM MARUTI SUZUKI INDIA LIMITED has informed the Exchange about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer
  • Maruti Suzuki India - Change in Management

    26 Mar 2025, 4:45PM Maruti Suzuki India Limited has informed the Exchange about change in Management
  • Maruti Suzuki India - Announcement under Regulation 30 (LODR)-Change in Management

    26 Mar 2025, 4:45PM Cessation as Senior Management Personnel
  • Maruti Suzuki India - Capacity addition

    26 Mar 2025, 1:34PM Maruti Suzuki India Limited has informed the Exchange about Capacity addition
  • Maruti Suzuki India - Change in Management

    26 Mar 2025, 1:31PM Maruti Suzuki India Limited has informed the Exchange about change in Management
  • Maruti Suzuki India - Announcement under Regulation 30 (LODR)-Change in Management

    26 Mar 2025, 1:31PM Appointment of Senior Management Personnel
  • Maruti Suzuki India - Appointment

    26 Mar 2025, 1:27PM Maruti Suzuki India Limited has informed the Exchange regarding Appointment of Mr Sunil Kakkar as Other of the company w.e.f. April 01, 2025.
  • Maruti Suzuki India - Announcement under Regulation 30 (LODR)-Change in Directorate

    26 Mar 2025, 1:27PM Appointment of Whole-time Director
  • Maruti Suzuki board approves Rs 7,410 crore investment for third Plant at Kharkhoda

    26 Mar 2025, 2:40PM Maruti Suzuki India announced on Wednesday that its board has approved an investment of Rs 7,410 crore to establish a third manufacturing plant at Kha
  • Maruti Suzuki India - Intimation Under Regulation 30 Of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 201

    25 Mar 2025, 9:13PM Intimation under Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015
  • Maruti Suzuki India - Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

    25 Mar 2025, 9:12PM Maruti Suzuki India Limited has informed the Exchange about Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
  • Maruti Suzuki India - Shareholders meeting

    25 Mar 2025, 1:23PM Maruti Suzuki India Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange reg
  • Maruti Suzuki India - Shareholder Meeting / Postal Ballot-Scrutinizer\s Report

    25 Mar 2025, 1:21PM Voting Results of Postal Ballot and Scrutinizer's Report
  • Maruti Suzuki India - General Updates

    19 Mar 2025, 11:20AM Maruti Suzuki India Limited has informed the Exchange about Intimation under Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Re
  • Maruti Suzuki India - Intimation Under Regulation 30 Of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 201

    19 Mar 2025, 11:19AM Intimation under Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015
  • Maruti Suzuki India - General Updates

    17 Mar 2025, 9:48AM Maruti Suzuki India Limited has informed the Exchange about Advance intimation regarding Price Increase
  • Maruti Suzuki India - Advance Intimation Regarding Price Increase

    17 Mar 2025, 9:47AM Advance intimation regarding Price Increase
  • Maruti Suzuki India - Press Release

    4 Mar 2025, 9:47AM Maruti Suzuki India Limited has informed the Exchange regarding a press release dated March 04, 2025, titled ""Maruti Suzuki Super Carry becomes first
  • Maruti Suzuki India - Announcement under Regulation 30 (LODR)-Press Release / Media Release

    4 Mar 2025, 9:46AM Maruti Suzuki Super Carry becomes first model in its segment* to introduce Electronic Stability Program
  • Maruti Suzuki India - General Updates

    1 Mar 2025, 12:38PM Maruti Suzuki India Limited has informed the Exchange about Maruti Suzuki Production volume: February 2025
  • Maruti Suzuki India - Press Release

    1 Mar 2025, 12:11PM Maruti Suzuki India Limited has informed the Exchange regarding a press release dated March 01, 2025, titled ""Maruti Suzuki sales in February 2025"".
  • Maruti Suzuki India - Maruti Suzuki Production Volume: February 2025

    1 Mar 2025, 12:37PM Maruti Suzuki Production volume: February 2025
  • Maruti Suzuki India - Announcement under Regulation 30 (LODR)-Press Release / Media Release

    1 Mar 2025, 12:10PM Maruti Suzuki sales in February 2025
  • Maruti Suzuki Alto K10 now with 6 airbags across all variants

    28 Feb 2025, 6:17PM Maruti Suzuki India Limited (MSIL), announces a first-in-segment safety update for the Alto K10 with the introduction of 6 airbags as standard fitment
  • Maruti Suzuki India - Analysts/Institutional Investor Meet/Con. Call Updates

    28 Feb 2025, 4:59PM Maruti Suzuki India Limited has informed the Exchange about Schedule of meet
  • Maruti Suzuki India - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    28 Feb 2025, 4:57PM Schedule of Investor Meeting
  • Maruti Suzuki India - Analysts/Institutional Investor Meet/Con. Call Updates

    28 Feb 2025, 4:53PM Maruti Suzuki India Limited has informed the Exchange about Schedule of meet
  • Maruti Suzuki India - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    28 Feb 2025, 4:52PM Schedule of Investor Meetings
  • Maruti Suzuki India - Press Release

    28 Feb 2025, 4:21PM Maruti Suzuki India Limited has informed the Exchange regarding a press release dated February 28, 2025, titled ""Smarter technologies, safer journeys
  • Maruti Suzuki India - Announcement under Regulation 30 (LODR)-Press Release / Media Release

    28 Feb 2025, 4:20PM Smarter technologies, safer journeys: Maruti Suzuki Alto K10 now with 6 airbags across all variants
  • Maruti Suzuki India

    28 Apr 2025 , 9:05AM Maruti: Margin Missed estimates: Maruti’s Q4 margin missed estimates with EBITDA margin at 10.5% (down 180bps YoY/110bps QoQ) vs est. 11.9%. Near term, margins may stay under pressure due to discounts, higher dealer inventory, weakness in entry-level PVs, and Yen volatility. Longer-term drivers include higher exports (including EV sales to Suzuki/Toyota) and the launch of Suzuki-designed hybrid vehicles. Key catalysts: launch of 7-seater Grand Vitara and 8th Pay Commission impact. Maintain BUY .
  • Maruti Suzuki India

    28 Apr 2025 , 9:03AM Margin Missed estimates: Maruti’s Q4 margin missed estimates with EBITDA margin at 10.5% (down 180bps YoY/110bps QoQ) vs est. 11.9%. Near term, margins may stay under pressure due to discounts, higher dealer inventory, weakness in entry-level PVs, and Yen volatility. Longer-term drivers include higher exports (including EV sales to Suzuki/Toyota) and the launch of Suzuki-designed hybrid vehicles. Key catalysts: launch of 7-seater Grand Vitara and 8th Pay Commission impact. Maintain BUY .     
  • Maruti Suzuki Grand Vitara updates with 6 Airbags as standard & new premium features

    8 Apr 2025 , 12:22PM Grand Vitara now available in 18 variants, with prices starting at Rs. 11.42 lakh
  • Maruti Suzuki India

    27 Mar 2025 , 8:54AM Company will invest Rs 7,410 crore to establish a third factory in Haryana's Kharkhoda, with a production capacity of 2.5 lakh vehicles per year. Positive
  • Maruti Suzuki India

    26 Mar 2025 , 11:24AM The company has received a draft assessment order for FY22 from the Income Tax Department worth Rs 2,966 crore. Sentimentally negative
  • Stock update: Maruti Suzuki Q3FY2025 result update

    18 Feb 2025 , 10:35AM Stock update: Maruti Suzuki Q3FY2025 result update – Decent Q3; Maintain Buy
  • Maruti Suzuki total sales up 6.5% at 2.12 lk units

    1 Feb 2025 , 1:01PM Maruti Suzuki total sales up 6.5% at 2.12 lk units Vs. 1.99 lk units (YoY)
  • Maruti Suzuki India

    17 Jan 2025 , 2:27PM Maruti Suzuki unveils its first electric SUV - e VITARA along with the comprehensive 'e for me' Electric Eco-Solutions at the Bharat Mobility Global Expo 2025. Upon its launch, the e VITARA will be available across two battery options, in 10 colours with 4 dual tone options.
  • Maruti Suzuki unveils its first electric SUV - e VITARA

    17 Jan 2025 , 2:08PM The e VITARA offers superior performance and excellent range, with uncompromised comfort and safety
  • Maruti Suzuki

    8 Jan 2025 , 9:32AM MSIL has unveiled its vision for EV segment as ‘e For Me’. This strategic vision embodies a comprehensive ecosystem that integrates state-of-the-art electric vehicles, pioneering technology, and a robust charging infrastructure. As it has been set to unveil E Vitara during upcoming Bharat Mobility Global Auto Show 2025 it also aims to engage with an extensive ecosystem to facilitate the adoption of electric vehicles and ensure a hassle-free EV ownership experience for its customers. Positive read through.
  • Maruti Suzuki India

    1 Jan 2025 , 2:06PM Maruti Suzuki (MSIL) : Volumes – Dec 2024 : above estimates : Total sales increased by 29.6% y-o-y and declined by 1.8% m-o-m to 178,248 units (against estimate of 145,000 units).
  • Maruti Suzuki teases its first eBorn Electric SUV

    20 Dec 2024 , 10:54AM Maruti Suzuki to introduce its first eBorn eVitara, in India at Bharat Mobility Global Expo 2025
  • Maruti Suzuki

    3 Oct 2024 , 10:22AM Below estimates: Total sales increased by 1.9% y-o-y and 1.6% m-o-m to 184,727 units (against estimate of 195,000 units)in Sep 2024
  • Maruti Suzuki

    19 Aug 2024 , 10:09AM Company’s net profit in Q2 to be impacted by Rs 850cr due to removal of indexation benefit on debt funds. Sentimentally negative
  • Maruti Suzuki India

    8 Aug 2024 , 12:01PM The Company has announced to recall 2,555 Alto K10 vehicles wherein it is suspected that there is a possible defect in Steering Gear Box Assembly. Neutral read through as recall is a general practice in automobile industry to keep customers safe from an anticipated defect in the product.
  • Stock update Maruti Suzuki India

    1 Aug 2024 , 10:53AM Stock update Maruti Suzuki India Ltd :Strong beat in earnings, though retail is lagging
  • Maruti Suzuki

    18 Jul 2024 , 1:09PM MSIL’s parent Suzuki Motor Corporation has unveiled an ambitious 10-year technology strategy centred around minimising energy consumption and achieving carbon neutrality. The strategy focuses on several key areas will be lightweight and safety, lean-battery EVs and hybrids, high-efficiency combustion engines , affordable software-defined vehicles.
  • Maruti Suzuki India

    12 Jul 2024 , 11:25AM Based on media news, Uttar Pradesh government is likely to issue a clarification on the road tax for hybrid cars issue in coming days. In the next few days, the UP-transport department will specify a vehicle price range for the road tax waiver and any hybrid car which costs more than the price range would not be eligible. It has been speculated that that only cars costing up to Rs 20 lakh may qualify for the road tax waiver, but a final decision is awaited. Sentimentally negative for Maruti Suzuki as earlier it was expected that all its hybrid models including Invicto (price range : Rs 25.21-Rs 28.92 lakh) will be beneficiary of the road tax waiver.
  • Maruti Suzuki India

    10 Jul 2024 , 10:21AM The Government of Uttar Pradesh has announced a complete waiver of registration tax on hybrid cars. This new rule will drive the demand for popular models such as the Honda City, Toyota Innova Hycross, Maruti Invicto, Toyota Urban Cruiser Hyryder, Maruti Grand Vitara, and Toyota Camry. The demand for Hybrid cars is expected to increase in coming period if other state governments would also rationalize the registration fees for Hybrid cars. Directionally positive for Maruti
  • Maruti Suzuki India

    9 Jul 2024 , 11:15AM The Government of Uttar Pradesh has announced a complete waiver of registration tax on hybrid cars. This new rule will impact popular models such as the Honda City, Toyota Innova Hycross, Maruti Invicto, Toyota Urban Cruiser Hyryder, Maruti Grand Vitara, and Toyota Camry. Positive
  • Maruti Suzuki India

    1 Jul 2024 , 3:25PM Volumes June 2024 : above estimates : Total volumes increased by 12.4% y-o-y and 2.7% m-o-m to 179,228 units (against estimate of 173,000 units).
  • Maruti Suzuki India

    6 Jun 2024 , 11:24AM Based on media news MSIL is expected to invest Rs 450 crore over a span of three years towards commissioning of renewable energy projects linked to solar power and biogas. In FY24 the company has invested Rs 120.8 crore on renewable projects
  • Maruti Suzuki expands manufacturing capability at Manesar plant

    9 Apr 2024 , 12:12PM Total manufacturing capability at manesar now increases to 9 lk per annum.
  • Maruti Suzuki India

    9 Apr 2024 , 12:06PM MSIL has commissioned another vehicle assembly line at its Manesar facility. The new vehicle assembly line has the capability to manufacture 100,000 units per annum. With this additional assembly line, the total manufacturing capability at Manesar stands at 900,000 vehicles per annum.
  • Maruti Suzuki India

    1 Apr 2024 , 3:24PM Volumes March 2024 :close to estimates : Total volumes increased by 10.1% y-o-y and declined by 5.2% m-o-m to 187,196 units (against estimate of 188,000 units).
  • Maruti Suzuki India

    26 Mar 2024 , 11:07AM MSIL to acquire 6.44% stake in Amlgo Labs Private Limited, a technology-led startup at Rs 1.99 cr. Its investment in Amlgo Labs Private Limited will help it in strengthening quality of new models, using advanced analytics and machine learning. Also the company has announced to recall 11,851 units of Baleno and 4,190 units of WagonR manufactured between 30th July, 2019 and 1st November,2019.
  • Maruti Suzuki India

    1 Feb 2024 , 2:59PM Volumes Jan 2024 : above estimates : Total volumes increased by 15.5% y-o-y and 44.9% q-o-q to 199364 units (against estimate of 176,100 units).
  • Stock Update: Maruti Suzuki India

    1 Feb 2024 , 11:25AM Stock Update: Maruti Suzuki India Ltd Q3Fy24 result : On the right track
  • Maruti Suzuki India

    16 Jan 2024 , 11:21AM MSIL has announced a price hike across the models. The average price hike across the model works out to be 0.45%. MSIL was expected to increase prices from January to pass on the increase in input cost to the consumers to sustain its operating profitability.
  • Maruti Suzuki India

    1 Jan 2024 , 1:34PM Volumes Dec 2023 : below estimates : Total sales declined by 1.3% y-o-y and 16.4% m-o-m to 1,37,551 units (against estimates of 1,50,500 units).
  • Maruti Suzuki

    6 Dec 2023 , 11:55AM CRISIL Ratings has reaffirmed its ratings on the bank facilities of MSIL at 'CRISIL AAA/Stable/CRISIL A1+'.
  • Maruti Suzuki

    1 Dec 2023 , 2:07PM Maruti Suzuki (MSIL) – Volumes Nov 2023 : below estimates : Total sales increased by 3.4% y-o-y and declined 17.5% m-o-m to 164,439 units (against estimate of 182,000 units).
  • Maruti Suzuki (MSIL) / Tata Motors (TML)

    28 Nov 2023 , 10:01AM MSIL has indicated for a price hike from Jan 2024 due to rise in input costs. The quantum of price hike has not shared yet. Given the healthy demand trend the price hikes are likely to be absorbed in the market (assuming price hike would remain in under historical trend) and would save its profitability. Similarly, Tata Motors has also indicated for a price hike in PV segment from Jan 2024. Considering the trending discount and rising demand, the price hike is unlikely to disturb the volume growth , while it may result in preponement of purchase decision in some cases before the implementation of new prices. Marginal positive to neutral read through.
  • Maruti Suzuki India

    24 Nov 2023 , 10:42AM MSIL’s borad has approved the allotment of 1,23,22,514 equity shares of the Company to Suzuki Motor Corporation (“SMC”) on a preferential basis ( against the acquisition of Gujrat Plant).with this the SMC’s shares in MSIL would increase from 56.48% to 58.19%. In line with expectations.
  • Stock Update Maruti Suzuki India Ltd : Q2FY result

    30 Oct 2023 , 12:12PM Stock Update: Maruti Suzuki India Ltd : Q2FY result : Consistently delivering superior margins
  • Maruti Suzuki India

    17 Oct 2023 , 10:41AM The board has decided to issue 1,23,22,514 equity shares ( on preferential basis) of MSIL to Suzuki Motor Corporation (SMC) against the acquisition of Suzuki Motor Gujarat Private Limited (SMG). This would result in 4.1% equity dilution – in line with initial estimates.
  • Maruti Suzuki

    13 Oct 2023 , 11:27AM MSIL has scheduled a board meeting on 17th October to consider and approve the issue of equity shares of the MSIL to SMC (Suzuki Motor Corporation) on a preferential basis against the acquisition of 100 % stake of SMC in Suzuki Motor Gujarat Private Limited (SMG).
  • Maruti Suzuki

    4 Oct 2023 , 10:19AM MSIL has received draft assessment order from income tax authority for the FY 2019-20, which proposed an additional taxable Income of Rs 2159.7 cr. The company is planning to file its objections before the dispute resolution panel and indicates that there is no impact on financial, operation or other activities of the Company due to this draft assessment Order. Neutral to marginal negative on sentiments basis.
  • Maruti Suzuki

    14 Sep 2023 , 11:10AM Union Minister Mr Nitin Gadkari has indicated that 6 air bags would not be mandatory for passenger cars. Earlier the government has came out with a draft notification for a mandatory 6 airbags in cars, which has raised the concern on the growth prospects of entry levels cars due to fear of significant rise in cost. (Positive read through for Maruti Suzuki on ease out of fear of rise in cost of entry level products due to 6 airbags norm).
  • Maruti Suzuki India

    8 Aug 2023 , 10:49AM MSIL’s borad has approved issue of equity shares of the Company on preferential allotment basis to Suzuki Motor Corporation (SMC), as consideration for the acquisition of 100% stake of SMC in Suzuki Motor Gujarat Private Limited (SMG). The total number of securities proposed to be issued to SMC as consideration for the acquisition of 100% stake of SMC in SMG, shall be decided in a subsequent board meeting. Directionally positive.
  • Maruti Suzuki India (MSIL)

    8 Aug 2023 , 10:45AM MSIL’s board will meet today to decide the mode of payment to Suzuki Motor Corporation (SMC) for acquisition of its 100% stake in Suzuki Motor Gujarat Private Limited (SMG).
  • Maruti Suzuki

    4 Aug 2023 , 10:14AM Maruti Suzuki (MSIL) : MSIL has scheduled a board meeting on 8th August to discuss the mode of payment for the acquisition of 100% equity stake in Suzuki Motor Gujarat Private Limited (SMG).
  • Maruti Suzuki India

    25 Jul 2023 , 11:53AM MSIL to recall 87,599 vehicles (S-Presso & Eeco) manufactured between 05th July 2021 and 15th February 2023. Voluntary recall of vehicles in anticipation of any malfunctioning is a general business practise in auto sector. Neutral read through
  • Maruti Suzuki India

    18 Jul 2023 , 11:35AM MSIL has increased prices of Grand Vitara intelligent electric hybrid variant by Rs 4000 (effective from 17th July) as it added an additional safety feature - acoustic vehicle alerting system with this variant. (Neutral read through)
  • Maruti Suzuki

    5 Jul 2023 , 2:46PM MSIL has launched its new MPV – Invicto. Based on media news Invicto would be available in a price range of Rs 24.79 lakh to Rs 28.42 lakh against expectation of around Rs 20 lakh. The success of Invicto would help MSIL in improving its product mix and enhance its presence in premium segment. (Positive read through for MSIL)
  • Maruti Suzuki

    5 Jul 2023 , 1:34PM MSIL has launched its new MPV – Invicto. Based on media news Invicto would be available in a price range of Rs 24.79 lakh to Rs 28.42 lakh against expectation of around Rs 20 lakh. The success of Invicto would help MSIL in improving its product mix and enhance its presence in premium segment. (Positive read through for MSIL)
  • Maruti Suzuki India

    5 Jul 2023 , 9:06AM Today , MSIL has expected to launch a new MPV - Invicto. Invicto would be a rebadged version of the Toyota Innova Hycross. Based on media reports the company has already received a booking for over 6000 units. (Positive read through)
  • Maruti Suzuki

    14 Jun 2023 , 10:24AM MSIL is expected to launch new MPV- INVICTO in July. The INVICTO will be the cross-badged version of the Toyota Innova Hycross. It is expected that INVICTO would help MSIL in gaining space in premium segment as it enjoys strong presence in mass market segment. (positive read through)
  • Maruti Suzuk India

    6 Jun 2023 , 11:06AM MSIL and Bajaj Finance have signed a MoU to offer customized finance solution to customers.
  • Maruti Suzuki

    5 Jun 2023 , 10:07AM Based on media news MSIL is expected to launch Jimny today (June 5th) and would be sold through Nexa outlet.Jimny has already recieved advance bookings for more than 30,000 units. (Positive read through).
  • Maruti Suzuki

    1 Jun 2023 , 12:53PM Maruti Suzuki ( MSIL) – Volumes – MAY 2023 ( above estimates) : MSIL reported higher than expected volumes in May 2023 on account of sharp surge in export volumes on mom basis. MSIL reported 10.3% yoy and 10.9% mom increase in volumes to 178,083 units (against estimate of 165,000 units) . Domestic volumes increased by 13.0% yoy and 5.6% mom to 151,606 units ( against estimate of 147,000 units) and export volumes increased declined by 2.6% yoy and increased by 56.0% mom to 26,477 units (against estimate of 18,000 units)
  • Maruti Suzuki India

    12 May 2023 , 11:34AM Based on media news Maruti Suzuki is looking to double its capacity by 2030 with a cumulative investment of Rs 45,000 cr.
  • Maruti Suzuki

    2 May 2023 , 9:11AM Maruti Suzuki (MSIL) – Volumes – April 2023 – inline with estimates : MSIL reported 6.5% yoy increase and 5.6% mom decline in volumes to 160,529 units ( against estimate of 161,000 units). Domestic volumes increased by 8.6% yoy and 2.6% mom, while export volumes declined by 7.8% yoy and 43.7% mom. (Neutral to marginally positive read through)
  • Maruti Suzuki

    24 Apr 2023 , 12:49PM MSIL has launched Fronx in 12 variants with a price range from Rs 7.5 lakh to Rs 13.1 lakh. (launched as per expected timeline)
  • Maruti Suzuki

    24 Apr 2023 , 10:49AM MSIL to recall 7219 Baleno RS manufactured during 27th Oct, 2016 and 01st Nov, 2019 on suspicion of a defect in vacuum pump. (Neutral read through as voluntarily recall in auto space is a regular business practice)
  • Maruti Suzuki India

    17 Apr 2023 , 12:10PM MSIL has launched an upgraded version of LCV – super carry with a price range of Rs 5.3 lakh to Rs 6.15 lakh.
  • Maruti Suzuki

    13 Apr 2023 , 11:37AM MSIL has signed a MOU with IDFC first bank for a customized finance solutions for its customers (part of a regular business activity)
  • Maruti Suzuki, Tata Motors

    10 Apr 2023 , 10:20AM IGL has cut down CNG prices by Rs 6/ kg. The reduction in CNG prices is expected to positively drive the demand for CNG vehicles. Maruti has sold 325000 CNG models in FY23 and is targeting to sell 450,000 – 475,000-unit CNG models in FY24. Similarly, CNG model accounts for 9% of Tata Motor’s PV sales. (positive read through for Maruti and Tata Motors).
  • Maruti Suzuki

    15 Mar 2023 , 11:51AM Suzuki Motor has purchased 345,200 shares of MSIL during 10th March to 13th March and increased its stake in MSIL marginally from 56.37% to 56.48%.
  • Maruti Suzuki

    1 Mar 2023 , 1:24PM Maruti Suzuki : Volumes Feb 2023 :above estimates : Total sales increased by 5% yoy ( flat on mom) to 172,301 units ( against estimate of 166,000 units), Domestic sales increased by 10.8% yoy ( flat on mom) and export sales declined by 28.4% yoy ( -1.1% mom).
  • Maruti Suzuki

    24 Feb 2023 , 3:24PM MSIL has introduced new features in Ignis and increased prices up to Rs 27,000 ( ex-showroom Delhi) , effective from 24 Feb 2023.
  • Maruti Suzuk India

    14 Feb 2023 , 11:58AM Maruti Suzuki (MSIL) : MSIL has entered in an arrangement with South Indian Bank for dealer and retail financing services. It is a part of regular business arrangements .Neutral.
  • Maruti Suzuki

    10 Feb 2023 , 2:34PM MSIL launched Tour S an entry level sedan to cater to domestic commercial taxi segment. The price band for Tour S stands at Rs 6.51 lakh to Rs 7.36 lakh. A separate brand identity for commercial segment would retain MSIL’s brand value amongst its key addressable market and expand its volumes. Positive for MSIL.
  • Maruti Suzuki

    1 Feb 2023 , 12:52PM Total volumes increased by 11.8% y-o-y and 23.8% m-o-m to 172,535 units in Jan 2023 – marginally above estimates.
  • Maruti Suzuki

    27 Jan 2023 , 10:46AM Suzuki Motors has chalked out its growth strategy for FY30. Under this plan, Maruti would introduce its first battery EV in FY2024 and would launch 6 EV models by 2030. Street has been raising concerns due to Maruti’s absence in the EV space as M&M and Tata Motors have already entered the EV space. Considering that, this EV model launch plan has addressed the street's concern on Maruti’s EV strategy. Positive read through
  • Maruti Suzuki

    24 Jan 2023 , 10:11AM MSIL to recall 11,177 Grand Vitara manufactured between 8th Aug 2022 to 15 Nov 2022 due to probable defect in rear seat belt mounting brackets. It appears largely an assembly related defect hence unlikely to build up any significant cost for MSIL. Neutral impact.
  • Maruti Suzuki

    23 Jan 2023 , 9:43AM Based on media reports ,MSIL is probing an allegation of wrongdoing by some executives of the company’s purchase department on the basis of complaint filed by a whistleblower. – Sentimentally negative
  • Maruti Suzuki

    19 Jan 2023 , 12:12PM MSIL begins exports of its newly launched SUV – Grand Vitara. The company aims to export Grand Vitara to more than 60 countries across Latin America, Africa, Middle East, ASEAN, and neighbouring regions. The export of high-end products would result in improvement in export volume mix for MSIL. Positive read through.
  • Maruti Suzuki

    18 Jan 2023 , 11:49AM MSIL to recall 17,362 vehicles manufactured during 8 dec 2022 to 12 Jan 2023. The recall of vehicle is a general practice as OEMs recalls the vehicles in advance when they anticipate any kind of malfunctioning in the vehicle.
  • Maruti Suzuki

    16 Jan 2023 , 10:09AM Maruti Suzuki (MSIL) has received bookings of over 3000 units for its newly launched Jimny (offroader SUV). Though the company has not announced Jimny's price yet but it is assumed that Jimny would be pegged between Rs 10 lakh to Rs 12.5 lakh. Jimny would directly compete with Mahindra's Thar (priced between Rs 9.99 lakh to Rs 16.99 lakh). The new product launch cycle would help MSIL to improve its market share in UV segment. Positive
  • Maruti Suzuki

    16 Jan 2023 , 10:07AM Maruti Suzuki: The company has increased an average price by 1.1%, effective from today. Positive read through
  • Maruti Suzuki

    12 Jan 2023 , 11:28AM Maruti has launched two new SUVs – Jimny and Fronx during ongoing auto expo. While Jimny is a 5 door off roader, Fronx is a compact SUV. These new products would further plug in the gaps in its SUV portfolio and would help in gaining market share, given Maruti has been strategically making efforts to expand its market share in SUV segment. Positive
  • Maruti Suzuki

    3 Jan 2023 , 10:53AM The production volumes of the company in December declined almost 18% y-o-y to 1.25 lakh units in December’22 due to conscious lower production of certain models and supply constraints of semi-conductor. However, the company’s retail sales stood at 2.06 lakh units, which is strong. Also, the pending order remains ~3.8 lakh units, as a result of strong demand and supply constraints.
  • Maruti Suzuki sells 1.39 lakh auto units in Dec'22

    2 Jan 2023 , 12:35PM Maruti Suzuki sales in December 2022
  • Maruti Suzuki India

    27 Dec 2022 , 9:43AM As per media reports, the company is expected to have record production at 25 lakh units in FY2024, which is expected to translate ~25% y-o-y growth. The production includes 2.5 lakh units of Grand Vitara/Hyryder at Toyota’s facility in Bidadi. The production forecast also includes retail of four SUVs, of which two SUVs are expected to be launched during the next one year. We continue to remain positive on Maruti Suzuki’s growth prospects and expects to regain its market share, led by increase in SUV market share. We reiterate Buy rating on the stock. Positive read thru
  • Maruti Suzuki

    13 Dec 2022 , 10:49AM The company has unveiled the Wagon R Flex Fuel prototype model, designed to run on any ethanol-petrol blend between 20% (E20) and 85% (E85) fuel. The model is BS-VI compliant, and components are sourced locally. The R flex model of WagonR will help reduce tailpipe GHG emissions by 79% in comparison to a conventional gasoline Wagon R model while ensuring the same power performance. With this product, the company has ready product for ethanol-based fuel to align with the government’s focus on ethanol blending roadmap. Positive
  • Maruti Suzuki

    13 Dec 2022 , 10:31AM The company has unveiled the Wagon R Flex Fuel prototype model, designed to run on any ethanol-petrol blend between 20% (E20) and 85% (E85) fuel. The model is BS-VI compliant, and components are sourced locally. The R flex model of WagonR will help reduce tailpipe GHG emissions by 79% in comparison to a conventional gasoline Wagon R model while ensuring the same power performance. With this product, the company has ready product for ethanol-based fuel to align with the government’s focus on ethanol blending roadmap. Positive
  • Maruti Suzuki

    7 Dec 2022 , 12:50PM The company recalled 9,125 units of Ciaz, Brezza, Ertiga, XL6 and Grand Vitara manufactured between Nov 2-28, 2022, to fix fault seat belt assembly
  • Maruti Suzuki

    5 Dec 2022 , 12:06PM The company has announced price hikes, with effective from January 2023, to mitigate the impact of increase in cost pressure, due to inflation and recent regulatory requirements. The quantum is not mentioned in the announcement. Positive read thru
  • Maruti Suzuki

    30 Nov 2022 , 10:05AM The company’s scrapping JV, Maruti Suzuki Toyotsu India (MSTI), has tied up with Honda Cars. The service alliance will begin in Delhi NCR, Haryana and Uttar Pradesh. The coverage area will expand with the addition of new scrappage centres by MSTI in future. Positive read thru.
  • Stock Update: Maruti Suzuki

    28 Nov 2022 , 10:35AM Stock Update: Maruti Suzuki Ltd. – Driving in top gear
  • Maruti Suzuki, Tata Motors, M&M

    25 Oct 2022 , 10:21AM As per media and transport department, the new vehicle registrations in Dhanteras festival have shot by 20% in Mumbai over the bookings during pre-COVID 2019. This is positive for passenger vehicle OEMs.
  • Maruti Suzuki

    19 Sep 2022 , 12:56PM The company has recalled 5,002 units of its Super Carry LCV to fix potential issues with a bolt attached to the seat belt buckle bracket of the co-driver seat.
  • Maruti Suzuki

    16 Sep 2022 , 10:14AM Grand Vitara gets 53,000 bookings with 43% for hybrid model. Positive
  • Maruti Suzuki India

    29 Aug 2022 , 9:52AM Suzuki Corporation announced establishment of Suzuki R&D Centre in India, along with laying foundation of Suzuki Motor’s electrical vehicle battery manufacturing plant at Hansalpur, Gujarat and Maruti Suzuki vehicle manufacturing facility in Kharkhoda, Haryana. The new R&D facility would focus on product development for both India as well global markets. The company’s exports have taken a central stage, with now selling ~25,000 units in global markets. Also, the Indian facilities produce 60% of Suzuki’s total production. The company has received strong response with robust order book for its refreshed launches of Breeza and Grand Vitara in the SUV market. The focus on R&D and capacity additions will help the company in increasing its revenues and market shares going forward. Positive
  • Maruti Suzuki India

    22 Aug 2022 , 10:28AM The company’s pending order has gone up to 3.87 lakh units from 2.8 lakh units at the end of Q1FY23. The new launches, Grand Vitara and Brezza have orders of 40,000 and 90,000 units respectively, out of which ~20,000 units of Brezza have been delivered. Baleno has around ~38,000 units. The management is not experiencing any fallout in demand due to 50bps hike in interest rate. We remain positive about the company and expect its market share to regain in the SUV segment backed by new launches at an attractive proposition and sticking to its value-for-money image. Positive
  • Maruti Suzuki

    19 Aug 2022 , 9:35AM Maruti Suzuki: The company launched new Alto K10 priced between Rs 4 lakh and Rs 5.83 lakh (ex-showroom). According to the company, it is receiving bookings for at least 200 units of the new Alto daily and a good share for the top variants - the VXi and the VXi+. Positive
  • Maruti Suzuki

    8 Aug 2022 , 9:55AM The company expects to manufacture 20 lakh units in FY23, reflecting average monthly run-rate of ~1.67 lakh versus average monthly runrate of 1.37 lakh units in FY22. The feedback of its new launches in the SUV segment, viz Grand Vitara and Brezza, are the key reason for reaching 20 lakh unit production. The number of unmet bookings with the company at the end of the year rose to about 2.7 lakhs, indicating strong demand. Positive
  • Maruti Suzuki’s Q1FY23 results

    27 Jul 2022 , 4:52PM Maruti Suzuki’s Q1FY23 results were below expectations
  • Maruti Suzuki

    25 Jul 2022 , 10:02AM The company has taken a price increase of Rs6,000 for its Ertiga model in all the existing variants to equip the vehicle with ESP & Hill Hold Assist as standard features. Earlier, these features were being offered in automatic transmission and Zxi+ manual transmission only. The Ertiga model is doing well with 38% increase in volumes to 68,992 units in the first six months of CY22, supported by launch of CNG models and addition of contemporary features in the car. The Ertiga has a strong demand, as the products are being sold at no discounts with a long waiting list. The new features would further help to increase sales. Positive
  • Maruti Suzuki

    25 Jul 2022 , 10:01AM The company has taken a price increase of Rs6,000 for its Ertiga model in all the existing variants to equip the vehicle with ESP & Hill Hold Assist as standard features. Earlier, these features were being offered in automatic transmission and Zxi+ manual transmission only. The Ertiga model is doing well with 38% increase in volumes to 68,992 units in the first six months of CY22, supported by launch of CNG models and addition of contemporary features in the car. The Ertiga has a strong demand, as the products are being sold at no discounts with a long waiting list. The new features would further help to increase sales. Positive
  • Maruti Suzuki India Ltd.

    21 Jul 2022 , 10:13AM Maruti Suzuki: The company has formally launched its mid-SUV “Grand Vitara, which is loaded with new and contemporary technology and features. The models include Hybrid Electric version that claims an average mileage of 27km/ltr. We believe new and refreshed version of ‘Grand Vitara’, along with latterly launched refreshed version of ‘Brezza’ would help company to regain its lost market share in the SUV segment, which promises to be the fastest growing segment in the Indian passenger vehicle segment. Positive
  • Maruti Suzuki

    12 Jul 2022 , 10:29AM Encouraging pre-booking for refreshed model of its premium SUV Grand Vitara; formal launch on 20th July, 2022. This is back to back launch by the company in the SUV segment. The Brezza launched earlier is receiving a strong response. We remain positive on the company, as we believe new launches will help it regain its market share in the SUV segment. Positive
  • Maruti Suzuki India

    7 Jul 2022 , 1:31PM As per media, the company is planning to launch a new mid-size SUV in this month. This would be refreshed version Vitara. This is second launch in the SUV segment within a month. The company is working towards to increase its market share in the SUV segment.
  • Maruti Suzuki India

    30 Jun 2022 , 2:51PM Maruti Suzuki: The company launched refreshed version of Brezza, which has contemporary tech features and is priced in the range of Rs8 lakhs to Rs14 lakh (ex-showroom price). The new Brezza has 1.5cc petrol engine with additional features such as electric sunroof, head up display, 360 degree camera, EPS, etc.. The company has already a pre-booking of more than 45,000 brezza. With new Brezza launch, we expect Brezza volumes to improve going forward. The new model has been aimed at increased power and tech savvy. Maruti’s market shares in the SUV segment had dropped 130 bps to 19.4% in FY22, which we expect to improve with the new launch. Positive
  • Maruti Suzuki

    24 Jun 2022 , 1:52PM Maruti Suzuki: The collaboration between the company’s parent, Suzuki Corp (Japan) and Toyota Motor Corp further deepens and announces to jointly start production of a new SUV model, developed by Suzuki at Toyota from August. Maruti Suzuki and Toyota will market the new model in India as Suzuki and Toyota models, respectively. Furthermore, the two companies are planning to export the new model to markets outside India including Africa. The powertrains of the new model to be on sale in India, will be equipped with mild hybrid developed by Suzuki and strong hybrid developed by Toyota. This would be a step towards increasing electrification in passenger vehicles. Positive
  • Maruti Suzuki total sales at 1.61 lakh units in May

    1 Jun 2022 , 2:47PM Maruti Suzuki sales in May 2022
  • Maruti Suzuki India

    1 Jun 2022 , 2:08PM Maruti Suzuki’s monthly dispatches for May 2022, stood at 1.6 lakh units – a growth of 247% y-o-y. The growth was led by robust dispatches across the segment. Exports stood at 27,191 units showing a growth of 141% y-o-y. Positive
  • Maruti Suzuki India

    30 May 2022 , 3:24PM As per media, the company will be launching the next generation of its Eeco around August-September 2022. The company will be focussing on exports as well for its refreshed version of Eeco van.
  • Maruti Suzuki India to acquire stake in Sociograph Solutions

    24 May 2022 , 10:30AM Agreement with Sociograph Solutions Pvt Ltd
  • Maruti Suzuki India

    20 May 2022 , 9:49AM Maruti Suzuki: The company’s new plant in Kharkhoda (Sonipat, Hariyana) can have peak production capacity of 10 lakh units in the next 8 years, which is estimated to have investment of ~Rs 18,000 crore. The first phase of the new plant is expected to commence from 2025, while the second phase will start in 2026. This plant will cater to domestic and export demand and will not produce EV. The EV production will start in the Gujarat plant in the initial phase. We have positive outlook on the company given its focus on new products and exports, which we believe would help to keep its market share intact in the long-term. Positive
  • Maruti Suzuki

    16 May 2022 , 9:14AM The company is planning to invest more than Rs 11,000 crore in setting up a new manufacturing plant at Sonipat, with initial capacity of 250,000 vehicles likely to be commissioned within the year 2025. The company completed the process of allotment of an 800 acres site at IMT Kharkoda in District Sonipat with HSIIDC (Haryana State Industrial and Infrastructure Development Corporation Limited). The site will have space for more capacity expansion to include more manufacturing plants in future. Positive
  • Maruti Suzuki launches new multi-purpose vehicle XL6

    21 Apr 2022 , 1:30PM Maruti Suzuki launches all new XL-6 at a starting price of Rs. 11.29 lakh
  • Maruti Suzuki

    13 Apr 2022 , 12:32PM Maruti Suzuki: The company informed that its Rohtak R&D facility, affected by fire incident, is covered under insurance policy. It is assessing damage for recovery of insurance amount.
  • Maruti Suzuki total sales rise 2% YoY in March '22

    1 Apr 2022 , 2:03PM Maruti Suzuki sales in March 2022 and FY 2021-22
  • Maruti Suzuki records highest ever exports in a fiscal year

    1 Apr 2022 , 12:22PM 238,376 units shipped to over 100 countries in FY 2021-22
  • Suzuki signs MOU with State of Gujarat for EV, BEV batteries

    21 Mar 2022 , 2:24PM Maruti Suzuki rises by 3% to Rs. 7937.45, after Japan's Suzuki plans to invest $1.4 billion for EVs at India factory
  • Maruti Suzuki

    21 Mar 2022 , 10:47AM As per media news, Japan’s Suzuki Motor Corp. will invest about 150 billion yen ($1.3 billion) in electric-vehicle and battery production facilities in India. The automaker plans to boost production capacity at its subsidiary’s factory in Gujarat and also to build a battery plant. The EV-production facility will start operations in 2025 and the battery plant in 2026- Potential positive for Maruti Suzuki in long term
  • Maruti Suzuki record a total sales of 1,64,056 units in February 2022

    2 Mar 2022 , 9:48AM Maruti Suzuki sales in February 2022
  • Maruti Suzuki

    8 Feb 2022 , 9:31AM The company’s parent company Suzuki Motor has raised its forecast on vehicle sales this fiscal year, with India accounting for nearly half the increase, citing a pickup in semiconductor. Parent company predicts its global automotive sales in the year ending March 31 to be 2.66 million units, compared with its previous projection of 2.48 million. The estimate on sales volume in India has been revised to 3% growth from the previous guidance of a 6% contraction. Positive
  • Maruti Suzuki

    2 Feb 2022 , 2:02PM Maruti Suzuki: The company has released production numbers for the month January 2022, which is at 1.61 lakh units – a flat growth y-o-y. The company stated a minor impact of the semi-conductor shortage in this month. Positive
  • Maruti Suzuki Q3FY22 results

    25 Jan 2022 , 4:03PM Maruti Suzuki Q3FY22 results - Stronger operating performance than expectations
  • Maruti Suzuki India

    18 Jan 2022 , 9:46AM The company launched the CNG variant of its new Celerio at a price of Rs6,58,000 (ex-showroom). Maruti Suzuki has portfolio of 8 models in S-CNG variants. Positive
  • Maruti Suzuki India

    4 Jan 2022 , 12:46PM The company produced 1,52,029 vehicles in December 2021, against 1,55,127 vehicles in December 2020, impacted by chips shortage. Also, the company exported 2,05,450 vehicles in CY2021, the highest ever in a calendar year. It currently exports around 15 models including the most recent additions Jimny, Suzuki’s celebrated compact off-roader and the All-New Celerio. The top five exports models in 2021 include Baleno, Dzire, Swift, Spresso and Brezza.
  • Maruti Suzuki India

    4 Jan 2022 , 12:46PM The company produced 1,52,029 vehicles in December 2021, against 1,55,127 vehicles in December 2020, impacted by chips shortage. Also, the company exported 2,05,450 vehicles in CY2021, the highest ever in a calendar year. It currently exports around 15 models including the most recent additions Jimny, Suzuki’s celebrated compact off-roader and the All-New Celerio. The top five exports models in 2021 include Baleno, Dzire, Swift, Spresso and Brezza.
  • Maruti Suzuki

    24 Dec 2021 , 11:14AM As per media, the company expects Q4FY22 to be one of best quarters in terms of sales for FY22, which is expected to be around 4.7-4.9 lakh units. This is driven by easing of chips shortage issue that is helping the company to increase production. The company’s current order is ~3,00,000 units and it expects production to be 85-90% of total capacity during Q4FY22. Positive read thru
  • Maruti Suzuki

    14 Dec 2021 , 2:20PM As per media, Toyota Motor (Japan) has announced that it will invest 4 trillion yen ($35 billion) by 2030 in the development of electric vehicles. Toyota aims to sell 3.5 million units of EV and fuel cell vehicles globally. Also, the company will allocate 8 trillion yen by 2030 in research and development and capital investment of electric, hybrid and fuel cell vehicles. This could be potentially positive for Maruti, which is partner for Toyota for Indian continent. Any joint R&D and manufacturing would help both the companies. Ma
  • Maruti Suzuki

    13 Dec 2021 , 12:08PM The company is analysing customer feedback to ascertain if the Jimny brand could be introduced in India as part of its overall plan to strengthen the SUV portfolio, as per a senior company official. The auto major currently manufactures three-door Jimny at its Gurugram plant and exports to Middle East and African markets. The model, though compact in size, is well known for its off-road prowess.
  • Stock Update: Maruti Suzuki India

    9 Dec 2021 , 10:52AM Stock Update: Maruti Suzuki India Ltd. – On the path to recovery
  • Stock Update: Maruti Suzuki India

    9 Dec 2021 , 10:45AM Stock Update: Maruti Suzuki India Ltd. – On the path to recovery
  • Maruti Suzuki post Nov 2021 total sales of 1,39,185 units

    2 Dec 2021 , 11:12AM Maruti Suzuki sales in November 2021
  • Maruti Suzuki

    2 Dec 2021 , 9:29AM As per media, the company plans to launch four new SUVs priced up to Rs20 lakh over the to strengthen its position in UV segments. The management expects SUV segment grow around 45-48% in Indian markets. Positive read thru.
  • Maruti Suzuki posts Nov total sales of 139,184 units

    1 Dec 2021 , 3:12PM Maruti Suzuki sales in November 2021
  • Maruti Suzuki India

    1 Dec 2021 , 9:53AM Maruti Suzuki: The company expects to produce around 80-85% of normal production in December 2021 for its plants in Haryana and Gujarat (contract manufacturing), indicating chips shortage situation is easing for the company. In the last few months, the company has suffered production cut of 20-60% of normal production due to unavailability of electronic components. Positive
  • Maruti Suzuki

    23 Nov 2021 , 11:34AM The company wins India Court Halt on Rs 200 crore antitrust penalty. In August 2021, the CCI imposed a penalty of Rs 200 crore on Maruti Suzuki for restricting discounts offered by dealers.
  • Maruti Suzuki India

    15 Nov 2021 , 9:50AM Maruti Suzuki India: The company has received clearance from Haryana government to set up a new plant over 900 acres of land at Kharkhoda in Sonipat district of the state. Positive.
  • Maruti Suzuki to operate at 85% capacity

    1 Nov 2021 , 11:03AM In the last few months, the company suffered 30-60% production cuts
  • Maruti Suzuki India

    11 Oct 2021 , 11:01AM Total production in September down 51.06% to 81,278 units Vs 1,66,086 units last year.
  • Maruti Suzuki reports total sales of 86,380 units in September 2021

    1 Oct 2021 , 11:50AM Maruti Suzuki sales in September 2021
  • Stock Update: Maruti Suzuki India

    2 Sep 2021 , 10:20AM Stock Update: Maruti Suzuki India Ltd - Growth to stay steady despite blips
  • Maruti Suzuki

    1 Sep 2021 , 3:18PM Maruti Suzuki reported a growth of 4.9% y-o-y in August 2021, driven by 160.3% y-o-y growth in exports and a decline of 5.7% y-o-y in domestic sales. The sales were impacted by shortage of semiconductors. Also, the company has reduced its production volume by 60% of normal production in September 2021, owing to semi-conductor shortage. Sales of UV, Vans, LCV and sales to OEM grew by 15.7% y-o-y, 17% y-o-y, 12.9% y-o-y and 212% y-o-y respectively in August 2021. The passenger car sales declined 17.7% y-o-y 69,184 units in August 2021, driven by 26.4% y-o-y decline in compact car segment, partially mitigated by 3.8% y-o-y growth in mini car segment and 75.5% y-o-y growth in mid-size car segment.
  • Maruti total sales in August at 1.30 lakh units

    1 Sep 2021 , 1:18PM Maruti Suzuki sales in August 2021
  • Maruti Suzuki

    1 Sep 2021 , 9:37AM Maruti Suzuki: The company has reduced its production volume by 60% of normal production in September 2021, owing to semi-conductor shortage. The impact will be on its facilities in Haryana and Gujarat. The production cut is higher than we anticipated earlier. Negative
  • Maruti Suzuki

    30 Aug 2021 , 12:17PM Maruti Suzuki: The company has planned price hike across its models in September 2021 to mitigate the impact of continuous rise in raw material costs over the previous year. The price hikes would help improve margins for the company, which was seen under pressure in the Q1FY22. We have a buy rating on the stock
  • Maruti Suzuki

    30 Aug 2021 , 10:55AM As per media report, the company is expected to slash its production plans for September, as lockdowns in Malaysia aggravate the global shortage of semiconductors. The production cut will affect supply of cars to dealerships ahead of the festive season, and customers may have to wait longer to get delivery of the Vitara Brezza, Swift and other models from the company. As per the report, the company is likely to produce between 60,000 and 90,000 vehicles in September, which is almost 40-60% down from its peak.
  • Maruti Suzuki India

    24 Aug 2021 , 10:21AM The Competition Commission of India has imposed a penalty of Rs 200 crore on the company for restricting discounts by dealers. The company was penalised for indulging in anti-competitive conduct of resale price maintenance in the passenger vehicle segment by way of implementing Discount Control Policy vis-à-vis dealers. CCI has also directed the company to cease and desist from indulging in anti-competitive practices. Negative
  • Maruti Suzuki

    17 Aug 2021 , 9:29AM As per media, Maruti is expected to cut 30-40% of vehicle production this month, due to deeper-than-expected shortage of semi-conductors. The media report states production at Manesar plant likely to go down to 45,000 units in August versus the average production of 65,000 units a month, while the Suzuki Motor Gujarat plant, the output is likely to be cut by 65-70% to 15,000-20,000 cars. The company has not yet commented on this issue. The issue of semi-conductors seems to be deeper than we have expected. This will be negative for the company. Also, the key suppliers will also be impacted if the production is cut. Some of the listed suppliers include Lumax Auto Tech, Gabriel, Mayur Uniqoters, etc.
  • Maruti Suzuki India Limited: Stock Update

    29 Jul 2021 , 11:34AM Maruti Suzuki India Limited: Stock Update – Growth prospects stay bright despite dim Q1
  • Maruti Suzuki

    12 Jul 2021 , 9:45AM Maruti Suzuki: The company has announced the nationwide rollout of digital platform for online car financing under its ‘Maruti Suzuki Smart Finance’ scheme. This scheme was launched in December’20 in selected cities. The scheme is now available in pan-India across its customers of ARENA (mass market retail chain) and NEXA (premium car outlets). We have a Buy rating on the stock with PT 8,587.
  • Maruti Suzuki

    6 Jul 2021 , 9:43AM Maruti released production figure for June 2021 at 1,65,576 units versus 50,742 units in June 2020. The production figures are not comparable due to COVID restriction previous year. Also, the company has advanced its maintenance shutdown in May this year as compared to its normal practice of maintenance shutdown in June month. We expect the production numbers to gradually improve in the following months, as we heading towards festive seasons. We have a buy rating on the stock with PT of Rs8,587.
  • Maruti Suzuki dispatches 1,47,368 units in June’21

    1 Jul 2021 , 1:25PM Maruti Suzuki sales in June 2021
  • Maruti Suzuki India

    1 Jul 2021 , 1:09PM Maruti Suzuki: The company reported monthly dispatches of 1,47,368 units in June’21, aided by recovery in domestic volumes and robust exports. Exports dispatches are at record levels at 17,020 units. The dispatches are led by pent up demand. We have a buy rating with PT of Rs8,587.
  • Maruti Suzuki

    7 Jun 2021 , 9:49AM Maruti Suzuki: As per media, the company is looking at some action in mid-SUV segments in order to sustain more than 50% market share in the PV segment. Also, the company released production data for the May 2021 month. The company manufactured 40,924 vehicles in the month, where the facilities were shut down from 1stMay-16th May. We have a buy rating on the stock with PT of Rs8,587.
  • Maruti Suzuki

    1 Jun 2021 , 3:24PM Maruti Suzuki: In-line with our expectations, Maruti Suzuki dispatched 46,555 units in May’21, which is 70.8% m-o-m decline due to 16 days facility shutdown and supply disruption. In the domestic markets, the production of CNG vehicles were also impacted by diverting oxygen supply for medical requirements. The exports dispatches were at 11,262 units, which 34.7% m-o-m decline.
  • Maruti reports total sales of 46,555 units

    1 Jun 2021 , 1:59PM Maruti Suzuki Sales in May 2021
  • Maruti Suzuki

    10 May 2021 , 12:05PM Maruti Suzuki: The company has extended its maintenance shutdown till 16th May from 9th May earlier, in view of the pandemic. The Company has been informed that Suzuki Motor Gujarat has taken the same decision. Also, the company along with its vendors are helping two companies in setting up Oxygen PSA plants both to produce life-saving oxygen as well as reduce the immense logistical problems.
  • Maruti Suzuki

    6 May 2021 , 11:13AM Maruti Suzuki: The company produced 1,59,955 units in April’21 and had dispatched similar units during the month. On a sequential basis, the production is down by 7% from 1.72 lakh units in March. Also, the company has scheduled mandatory maintenance shutdown in 1-9th May. As there is lockdown in multiple States, we expect inventory building up at dealers’ end.
  • Maruti Suzuki sells 1.59 lakh vehicles in April

    3 May 2021 , 11:51AM Maruti Suzuki Sales in April 2021
  • Maruti Suzuki

    29 Apr 2021 , 11:23AM Maruti Suzuki: The company is advancing its bi-annual maintenance shutdown to 1st May through 9th May from earlier plan of June. The production in all factories will close for maintenance during this period. The company will let its large vendor base divert oxygen for medical requirements amid the second wave of rising coronavirus infection. The Company has also informed that Suzuki Motor Gujarat has taken the same decision for its factory.
  • Maruti Suzuki: Q4FY2021Result Review

    28 Apr 2021 , 11:00AM Maruti Suzuki: Q4FY2021Result Review - On a cautious drive amid mixed Q4
  • Maruti Suzuki India

    22 Apr 2021 , 10:45AM The company has introduced new version of RPAS (reverse park alert systems) system in its cargo variants of its van EECO. The revised ex-showroom price applicable in Delhi shall vary from Rs 4,27,500 to Rs 5,49,400 effective from April 21
  • Maruti Suzuki

    16 Apr 2021 , 2:41PM The company is increasing the price for select models owing to increase in various input costs w.e.f. April 16, 2021. The weighted average price increase in ex-showroom Prices (Delhi) across models is 1.6%. Positive
  • Maruti Suzuki

    16 Apr 2021 , 9:15AM Maruti expects the passenger vehicle industry to grow by 20% in FY22 to record volumes at ~32.9 lakh units. Positive read thru
  • Maruti Suzuki

    15 Apr 2021 , 9:37AM The company sales for its CNG vehicles improved by 43% y-o-y to 1.57 lakh units in FY21. MSI sells a range of factory-fitted CNG cars, including Alto, Celerio, Wagon-R, S-PRESSO, Eeco, Ertiga, Tour S and Super Carry.
  • Maruti Suzuki India

    6 Apr 2021 , 9:12AM Maruti Suzuki: The company produced 1,72,433 units in March’21 – a growth of 2.5% m-o-m and 86.3% y-o-y.
  • Maruti Suzuki

    5 Apr 2021 , 11:06AM Maruti Suzuki: the company informed that Suzuki Motor Gujarat Pvt Ltd (SMG), a 100% subsidiary of Japan's Suzuki Motor Corporation, has commenced production from third unit in its Ahmedabad-based manufacturing facility. With production starting at the Plant C, which has an annual production ability of 2.5 lakh units, together with Plant A and Plant B, the total ability of SMG will be 7.5 lakh units. Also, as per media, the Directorate of revenue intelligence (DRI) and customs authorities have served a show-cause notice to Maruti Suzuki India (MSIL) for allegedly evading around Rs 71-crore duty over ‘dubious’ hybrid technology used in Ciaz, Ertiga and S-cross.
  • Maruti Suzuki India

    1 Apr 2021 , 12:12PM Maruti Suzuki reported Mar’21 sales in-line with our estimates, registering growth of 99.3% y-o-y and 1.5% m-o-m at 1,67,014 units. The y-o-y growth was largely driven by 54.2% in the compact segment, 102.9% growth in compact segment, 119.9% growth in UVs, 146.1% growth in exports, partially mitigated by a 12.6% decline in the mid-size segment. LCV and OEM wholesale dispatches continue to grow strongly and reported growth of 350.4% y-o-y at 3,315 units and 180.4% y-o-y at 5,899 units, respectively. On a m-o-m basis, LCV and OEM dispatches grew 21.8% and 7.3% respectively. For FY21, the company’s annual sales declined 6.7% y-o-y at 14.6 lakh units.
  • Maruti Suzuki reports Mar'21 sales in-line with estimates

    1 Apr 2021 , 12:11PM Maruti Suzuki sales in March 2021 and FY 2020-21
  • Maruti Suzuki

    23 Mar 2021 , 9:39AM Maruti Suzuki has announced price hikes for its vehicles to cover up rise in input costs, w.e.f. April 2021. The price hikes will vary for different models. Positive read thru
  • Maruti Suzuki

    8 Mar 2021 , 9:34AM Maruti Suzuki released production numbers for February’21 at 1,68180 units – a growth of 19.3% y-o-y. The company is expected to maintain low inventory, aided by strong demand. Positive read thru.
  • Maruti Suzuki

    4 Mar 2021 , 9:28AM As per media report, Maruti Suzuki plans to produce 2.4 million vehicles next fiscal. This is one highest annual sales targets. Positive read thru.
  • Maruti Suzuki reports higher sales up by 11.8% y-o-y

    1 Mar 2021 , 12:01PM Maruti Suzuki Sales in February 2021
  • Maruti Suzuki India

    1 Mar 2021 , 11:30AM Maruti Suzuki reported higher sales than our estimates, registering 11.8% y-o-y growth at 1,64,469 units, largely driven by 15.3% in compact segment, 18.9% growth in UVs, 11.9% growth in exports, partially mitigated by 12.9% decline in mini segment and 40% decline in mid-size segment. The LCV and OEM wholesale dispatches continue to grow strongly and reported growth of 507% y-o-y at 2,722 units and 105% y-o-y at 5,500 units respectively.
  • Maruti Suzuki

    25 Feb 2021 , 9:31AM Maruti Suzuki: Suzuki Motor Corporation, parent of Maruti Suzuki, has laid down its mid-term management plan
  • Maruti Suzuki

    24 Feb 2021 , 3:38PM Maruti Suzuki has launched the all-new SWIFT 2021 for prices in the range of Rs 5.7 lakhs to Rs 8.4 lakhs (ex-showroom Delhi). The new SWIFT has some additional features in electronics at par with the competition and attractive prices. We expect SWIFT to continue to be a key volume driver for Maruti and volumes to grow at 14.9% CAGR over FY21-23E from 1.8 lakh units in FY21E to 2.4 lakh units in FY23E. Positive read thru
  • Maruti Suzuki India

    22 Feb 2021 , 10:17AM As per media, the company is witnessing strong growth for its CNG models and expects FY21 to end with 50% growth in CNG model sales. Currently, Maruti has CNG options in eight models out of its line-up of 14 vehicles. The CNG penetrations from Maruti’s models are around 21%, with certain models in select cities having CNG penetration in range of 50-70%. Positive read thru
  • Maruti Suzuki India

    19 Feb 2021 , 9:07AM As per media, the company is evaluating the feasibility of launching its off-roader Jimny in the domestic market, having started exporting the model from India to Latin American countries such as Colombia and Peru in January. Positive read thru.
  • Maruti Suzuki

    8 Feb 2021 , 9:38AM Maruti Suzuki has released January’21 production figures at 1,60,975 units – a decline of 10.1% y-o-y growth. The compact segment production was down 19.2%. The company had reported sales of 1,60,752 units in the month of Januar’21. The production and sales numbers indicates low inventory at the company level and should expect higher sales. Positive read thru
  • Maruti Suzuki

    1 Feb 2021 , 3:37PM Maruti Suzuki reported 4.3% y-o-y growth in volumes nos. for January’20 at 1,60,752 units. The nos. as expected witnessed a moderate growth due to large base. The Mini and Compact segment was down by 2.8% y-o-y and 8.8% y-o-y due to large inventory at dealer’s end. The UV segment and export witnessed a strong 45.1% y-o-y and 29.3% y-o-y at 23,887 units and 12,445 units respectively. Sales to OEM and LCV sales (Super Carry) increased by 153.6% y-o-y and 49.7% y-o-y at 5,703 units and 3,602 units.
  • Maruti Suzuki India

    29 Jan 2021 , 1:30PM Maruti Suzuki updates its memorandum of association (MOA) to include operating and maintaining a web-based platform for the sale of goods and services, charging a fee for providing this platform and providing advertising space to third parties on such a platform, among other things.
  • Maruti Suzuki India: Q3FY2021 results update

    29 Jan 2021 , 11:34AM Maruti Suzuki India: Q3FY2021 results update - Near term demand outlook and structural growth prospects provide comfort
  • Maruti Suzuki’s Q3FY21 results

    28 Jan 2021 , 3:24PM Maruti Suzuki’s Q3FY21 results: Revenue in-line but operating performance declines on product mix
  • Maruti Suzuki India

    20 Jan 2021 , 11:18AM Maruti Suzuki: Some updates on Maruti from media. The company has started commencing export of Jimny to Latin America from its Gurgram plants. Maruti and Toyota are working together on B-segment SUV. Maruti expects exports to be a key growth driver in FY22 Expect a launch of New Brezza in FY22. Positive
  • Maruti Suzuki India

    19 Jan 2021 , 10:09AM Maruti took price hikes on its vehicles by ~3% ranging from Rs 5,061 to Rs 34,000 per vehicle, in order to meet the rise in raw material costs. The price hikes are higher than its annual average price hikes, owing largely to mitigate the rise in raw material prices. We expect other passenger car OEMs such as Tata Motors and Hyundai to follow the suit. M&M, Kia Motors and Nissan has already taken price hikes. Positive read thru.
  • Maruti Suzuki: Stock Update

    13 Jan 2021 , 10:42AM Maruti Suzuki Limited: Stock Update - All is Well
  • Maruti Suzuki India

    7 Jan 2021 , 9:57AM Maruti has released production volumes for December’20, registering 34% y-o-y growth at 1,55,127 units, driven by 36% growth in compact car segment, 41% growth in UV sales and 81% growth in vans segment. The January’20 had wholesale dispatches of 1,54,123 units. Also, the Positive
  • Suzuki may make a 'Swift' decision

    1 Jan 2021 , 12:47PM Carmaker’s parent mulling options to make India sole production hub for the next-generation model of Maruti Suzuki Swift
  • Dec passenger vehicle sales to rise 17-18% y-o-y: Reports

    30 Dec 2020 , 10:56AM Retail sales seen at 3.6 lakh units
  • 2 million cars: Maruti sets ambitious target for 2021

    29 Dec 2020 , 10:25AM Carmaker also said that it will also have an additional capacity of 2 lakh units annually from Q2 next year
  • Maruti Suzuki

    22 Dec 2020 , 10:13AM As per media, Maruti Suzuki has begun assembling the Jimny SUV in its Gurugram Plant. According to the industry reports, the automaker has already assembled 50 units of the SUV from CKD kits imported from Japan. The SUV will be beginning exports soon. Positive
  • Maruti Suzuki India

    14 Dec 2020 , 10:34AM As per media, Maruti is looking to enter the diesel segment once again next year as the vertical continues to draw a lot of customers especially in the high selling SUV and multipurpose vehicle segments. The company has initiated the process to upgrade its Manesar-based powertrain plant so that it can start rolling out BS-VI diesel engines starting middle or festive season next year.
  • Maruti Suzuki India

    10 Dec 2020 , 10:28AM Maruti shall be taking a price increase in January’21 to partially offset the adverse impact of increase in raw material prices. The price increase shall vary for different models. Also, Maruti Suzuki launches India’s first multi-financier, Smart Finance Service, an online car financing platform in NEXA. Positive read thru
  • Maruti Suzuki - Stock update

    8 Dec 2020 , 8:56AM Maruti Suzuki Limited – Stock update: Maruti driving on growth
  • Maruti Suzuki India

    7 Dec 2020 , 10:21AM Maruti Suzuki: The company’s production is up 6% y-o-y at 1,50,221 in November’20. Manufacturing of compact cars were up 9% y-o-y, UV cars were down by 9%, while manufacturing of mini cars were flattish. The factory production was lesser this month due to holidays and as a result November dispatches fell below estimates. The December month is likely to make up this gap. Also, Maruti has reported 17%-18% jump in bookings during the fourteen-day period after Diwali as compared to the same period last year. Positive read thru
  • Maruti total production in Nov 2020 rises to 1,50,221

    7 Dec 2020 , 9:56AM Maruti Suzuki gains 5.91% to 150,221 units in November 2020
  • Maruti Suzuki reports 6% rise in production in November

    7 Dec 2020 , 9:59AM Maruti Suzuki gains 5.91% to 150,221 units in November 2020
  • Maruti Suzuki reports 6% rise in production in November

    7 Dec 2020 , 10:20AM Maruti Suzuki gains 5.91% to 150,221 units in November 2020
  • Maruti Suzuki

    4 Dec 2020 , 12:32PM Maruti Suzuki will not get its compact SUV Vitara Brezza manufactured at Toyota Kirloskar Motor's manufacturing plant in Karnataka as was decided earlier. It will allot some other model, in place of Vitara Brezza, to be manufactured at the Toyota Kirloskar Motor (TKM) plant
  • Maruti Suzuki India

    4 Dec 2020 , 10:57AM As per media reports, Maruti Suzuki and Hyundai are looking to ramp up production in December as these companies are witnessing signs of demand sustaining even after festive seasons. These companies concentrated on reducing inventory, while factory production was lesser this month due to holidays and as a result November dispatches fell below estimates. The December month is likely to make up this gap. Positive read thru
  • Maruti Suzuki's November sales rises by 1.7% YoY

    1 Dec 2020 , 11:20AM Maruti Suzuki sales in November 2020
  • Maruti Suzuki India

    24 Nov 2020 , 3:25PM In media interaction Maruti has stated that demand in November 2020 has been the same as October (October wholesales had grown by 19% yoy). Maruti stated that demand is looking good in December 2020 as well. Maruti is expecting strong wholesales depending on the production levels. Company stated that it is witnessing shift towards the entry cars and that demand is shifting to petrol for most of the segments (except SUV). Commentary on strong demand environment is positive. Also, Maruti has extended its car subscription scheme in cities of Mumbai, Chennai, Ahmedabad and Gandhinagar which is likely to increase car usage.
  • Maruti Suzuki

    24 Nov 2020 , 9:32AM As per media news, Maruti Suzuki has raised its production estimate for the rest of this fiscal year (November 2020 to March 2021), encouraged by strong sales during the just-concluded festive season and a long order backlog. The output in November 2020 and December 2020 was expected to be cut as demand usually weakens after the festive season. Instead, Maruti Suzuki has guided for a 2-11% higher production compared with what it had projected earlier in August for the November 2020 to March 2021 period. Positive read thru
  • Maruti Suzuki India

    5 Nov 2020 , 2:14PM As per media reports, Suzuki Motors Gujarat has completed construction of third line and plans to commence manufacturing from April 2021. The third line will have capacity of 2.5 lakh vehicles and will take the total capacity of the plant to 7.5 lakh units. Positive read thru
  • Maruti Suzuki India Q2FY21 result review

    30 Oct 2020 , 11:35AM Maruti Suzuki India Q2FY21 result review: Set for a festive joyride
  • Maruti Suzuki Q2FY21 review

    29 Oct 2020 , 4:10PM Maruti Suzuki Q2FY21 review: Miss estimates due to lower than expected margins and other income
  • Maruti Suzuki

    21 Oct 2020 , 11:45AM Maruti Suzuki: Launches vehicle subscription programme in Hyderabad and Pune; launches special edition of Swift hatchback; positive read thru
  • Maruti Suzuki India

    20 Oct 2020 , 12:38PM Maruti Suzuki: Company is ramping up production to 1.8 lakh units in month of October 2020 as compared to 1.65 lakh units in September 2020. Increased production is primarily to build retail inventory in festive month of October 2020. Also, car companies have reduced discounts by 15-50% as compared to last year. Positive read thru for players such as Maruti, M&M.
  • Maruti Suzuki India

    19 Oct 2020 , 11:00AM Company offers special offers for Government employees with benefits upto Rs 11,000 to tap on potential demand from recently announced LTC benefits for employees; company delivers 10,500 cars on first day of Navratra which is 35% higher than year ago
  • Maruti Suzuki

    14 Oct 2020 , 11:08AM As per media news, Maruti to introduce five new models in fast growing SUV segment over next three years to take on rivals, strengthen its pole position; positive read thru
  • Maruti Suzuki

    8 Oct 2020 , 11:22AM Maruti Suzuki reports 26% yoy rise in production to 166,086 units in September 2020. Production is broadly in line with wholesale sales of 160,622 units.
  • Maruti Suzuki India

    1 Oct 2020 , 2:47PM Company has marginally increased its Light Commercial Vehicle "Super Carry" prices by Rs 2,000 (0.5% hike) to pass on increased input costs. Positive read thru
  • Maruti Suzuki sales up by 31% yoy to 1.6 lakh units

    1 Oct 2020 , 11:46AM Maruti Suzuki September 2020 sales: Sales grow strongly 31% yoy driven by improved consumer sentiments and channel filling ahead of the festive season; nos marginally ahead of estimates
  • Maruti Suzuki reports total sales of 1,60,442 units in September 2020

    1 Oct 2020 , 11:16AM Maruti Suzuki sales in September 2020
  • Maruti Suzuki

    24 Sep 2020 , 12:33PM Maruti Suzuki: In order to enhance car usage, Maruti extends car subscription programme in Delhi, NCR and Bengaluru
  • Maruti Suzuki India

    24 Sep 2020 , 9:51AM Toyota India launches Urban Cruiser compact SUV based on Maruti Suzuki Vitara Brezza. Urban Cruiser is launched at price of Rs 8.4 lakh to Rs 9.8 lakh for manual transmission variants. Urban Cruiser prices are Rs 5,000 to Rs 15,000 are lower than Maruti Suzuki Brezza. As per the agreement with Suzuki, Toyota will source the SUV from Maruti’s Gujarat plant.
  • Maruti Suzuki

    24 Sep 2020 , 9:46AM As per media sources, Maruti Suzuki is likely to increase production from 1.24 lakh units in August 2020 to 1.58 lakh units in September 2020 and further expand to more than 1.9 lakh units in October 2020. Demand improvement coupled with channel inventory filling is likely to lead to increased production. Positive read thru.
  • Maruti Suzuki India

    18 Sep 2020 , 11:35AM Maruti Suzuki India: Company expects the volume recovery seen in the past few months to continue on the back of a strong growth momentum in rural India and a growing preference for personal transportation in urban markets. Good sowing of kharif crops (up 8% yoy), better minimum support prices, and fewer Covid-19 cases in villages will help the rural growth story to continue. The contribution of rural in Maruti’s sales mix has advanced to 41% as compared to 37-38% in FY20. Positive read thru.
  • Maruti Suzuki company update

    11 Sep 2020 , 10:33AM Maruti Suzuki company update: Approaching growth highway
  • Maruti Suzuki

    10 Sep 2020 , 1:51PM As per media news, promoter Suzuki Corporation has bought additional 2.84 lakh shares (0.1% stake) via open market on September 8,2020. Positive read thru.
  • Maruti Suzuki

    10 Sep 2020 , 9:58AM Our channel checks indicate recovery in the retail volumes. Retail sales decline has narrowed to 5-7% as compared to about 20% drop in July 2020. Dealers have indicated improving consumer footfalls and bookings. Dealers expect strong recovery in volumes once the inauspicious Shraddh period gets over in mid-September and festives kick in from second half of September to November period. Inventory levels are at 80-85% of normal which indicates higher wholesales in September-October period as company would build inventory to normal levels. Also, the discounting per vehicle is down by Rs 4,000 to Rs 5,000 per vehicle. Pick up in demand and lower discounting levels are positive for Maruti.
  • Maruti Suzuki India

    8 Sep 2020 , 12:05PM Maruti Suzuki August 2020 production increased by 11% to 1,23,769 units. Production is close to sales of 124,624 units in August 2020. As per media sources, Maruti would be increasing production in September 2020 to 150,000 to 160,000 units with onset of festive season and dealer channel filling.
  • Hero Motocorp. Maruti Suzuki, M&M

    3 Sep 2020 , 9:44AM As per media news, these companies have planned to enhance production in October- November in wake of increasing demand due to social distancing norms and higher farm incomes. Maruti has asked vendors to prepare for record output in October while HeroMotocorp is planning all time high production in October-November 2020. Positive read thru.
  • Maruti Suzuki

    1 Sep 2020 , 12:01PM Maruti Suzuki August 2020 sales: Overall sales grow 17% yoy driven by improving consumer sentiments, channel inventory filling ahead of festive season and low base of corresponding month last year; nos marginally ahead of estimates
  • Maruti reports total sales rises by 17.1% to 1.24 lk units

    1 Sep 2020 , 10:27AM Maruti Suzuki sales in August 2020
  • Maruti Suzuki India

    31 Aug 2020 , 11:14AM Launches car subscription programme in Hyderabad, Pune to boost car sales; Toyota-Suzuki alliance synergies to progress into bigger Utility vehicles, exports and cleaner technologies; positive read thru
  • Maruti Suzuki partners with IIM-Bangalore to incubate startups

    20 Aug 2020 , 11:13AM Maruti Suzuki will co-create technology-led mobility business solution with startups
  • Maruti Suzuki

    5 Aug 2020 , 3:11PM Maruti Suzuki: Introduces BS6 variant of “S-Cross” SUV with powerful 1.5 litre engine and advanced smart hybrid technology; positive read thru
  • Maruti Suzuki India

    5 Aug 2020 , 12:23PM As per Maruti, the rural economy is quite robust owing to a good rabi harvest and the expected normal monsoons and the sales in the rural areas are growing faster than urban areas. Maruti expects sales in H2FY21 to be near the performance of last year levels and FY22 should be better. Positive read thru.
  • Maruti Suzuki

    3 Aug 2020 , 12:00PM Maruti Suzuki July 2020 sales: Domestic market reports growth on yoy basis surpassing Pre-Covid sales; nos ahead of estimates
  • Maruti Suzuki India

    31 Jul 2020 , 11:09AM Maruti Suzuki: Retail demand in rural areas better; share of rural increases to 40% as compared to 38% in FY20; positive read thru
  • Maruti Suzuki India

    30 Jul 2020 , 12:02PM Maruti Suzuki Q1FY21 result review: Demand picking up; upgrade to Buy
  • Maruti Suzuki India

    29 Jul 2020 , 3:53PM Maruti Suzuki Q1FY21 review: Operating performance misses estimates; higher other income leads to lower than expected loss
  • Ashok Leyland, Maruti Suzuki

    28 Jul 2020 , 12:08PM Forge technological alliances to set up capacity for manufacturing ventilators; positive
  • Maruti Suzuki India

    24 Jul 2020 , 11:29AM As per media news, Maruti is eyeing to produce 87,000 to 90,000 vehicles in July 2020 (July production would be 80% more than June 2020 production of 50,000 units) and 65% of normal production. Production target is 1.17-1.2 lakh units in August 2020 (85% of normal production). Maruti is expecting surge in sales in the festive season. Positive read thru.
  • Maruti Suzuki India

    20 Jul 2020 , 12:11PM Maruti to expand CNG portfolio; aims to sell 10 lakh CNG cars over next few years compared to 1.1 lakh cars in FY20; positive read thru
  • Maruti Suzuki India

    15 Jul 2020 , 12:34PM As per media reports, Maruti Suzuki will voluntarily recall Wagon R (1 litre) manufactured between November 15, 2018 and October, 15 2019 and Baleno hatchback manufactured between January 8, 2019 and November 4, 2019. Company will inspect for a possible issue with the fuel pump. Neutral read thru for Maruti Suzuki as the faulty pump would be replaced with new ones from the vendor and there would be no financial impact on Maruti.
  • M&M, Maruti Suzuki India

    15 Jul 2020 , 10:04AM Rival Kia Motors to unveil “Konet” compact SUV on August 7, 2020; would be third launch of Kia; to increase competition in passenger vehicle space
  • Maruti Suzuki

    8 Jul 2020 , 12:22PM The production for the month of June 2020 stood at 50,742 units as compared to 111,917 units in June 2019. Maruti sales in June 2020 at 57,428 units were broadly in line with the production.
  • Maruti Suzuki India

    7 Jul 2020 , 12:08PM Maruti Suzuki India Limited: Has collaborated with Axis Bank to offer easy financing options for the potential car buyers. As a part of the tie-up, Axis Bank will offer attractive flexi EMI options to ease the liquidity and repayment stress of customers during these tough times.
  • Maruti Suzuki

    6 Jul 2020 , 11:45AM As per the company, rural demand is better than urban; June 2020 retails at 80-85% of normal as compared to wholesales at 50% of normal; positive
  • Maruti Suzuki India

    1 Jul 2020 , 12:25PM Maruti Suzuki June 2020 sales: Sales reach half of normal levels; overall sales of 57,428 units better than our estimates of 50,000 units
  • Maruti reports total sales of 57,428 units

    1 Jul 2020 , 12:22PM Maruti Suzuki sales in June 2020
  • Maruti Suzuki

    25 Jun 2020 , 11:30AM Maruti Suzuki: Has launched loyalty rewards programme for its customers
  • Maruti Suzuki

    23 Jun 2020 , 12:09PM Maruti Suzuki: Launches CNG variant of its mini SUV “S-Presso”; to widen company’s offerings in CNG space.
  • Maruti Suzuki

    17 Jun 2020 , 12:34PM Maruti Suzuki: Partners with Karur Vysya Bank to offer consumers attractive financial schemes to own a new car
  • Maruti Partners with Karur Vysya for new finance schemes to customers

    17 Jun 2020 , 11:17AM Maruti Suzuki partners with Karur Vysya Bank to offer consumers attractive financial schemes to own a new car
  • Maruti Suzuki India

    16 Jun 2020 , 3:48PM Maruti Suzuki has collaborated with IndusInd Bank to arrange attractive finance schemes to facilitate customers to purchase cars. IndusInd Bank is offering varied finance options including low EMI scheme, step-up and balloon payment options and funding 100% on-road price for customers in wake of difficult scenario due to COVID-19. IndusInd Bank has a wide portfolio that can be customised for needs of salaried, self-employed, agriculturists and businessmen.
  • Maruti Suzuki, IndusInd Bank ties up to arrange attractive finance schemes

    16 Jun 2020 , 3:47PM Maruti Suzuki ties up with IndusInd Bank to offer a range of finance options for customers
  • Maruti Suzuki

    12 Jun 2020 , 1:50PM Company launched CNG variant of “Celerio” hatchback. This is the seventh CNG offering from Maruti Suzuki. Celerio CNG is BS6 compliant and offers a mileage of 30.47 km/kg. Maruti Suzuki S-CNG vehicles are equipped with dual interdependent ECUs (Electronic Control Units) and intelligent injection system. Celerio CNG is launched at 5.61 lakh ex-showroom while the Tour variant is launched at Rs 5.68 lakh ex-showroom. This would improve the overall CNG portfolio for Maruti but share of CNG vehicles in India is small at 6-7% currently.
  • Maruti Suzuki India

    10 Jun 2020 , 11:48AM The company has cut production by 97.54% in May 2020 at 3,714 units amid coronavirus pandemic. The company had produced a total of 1,51,188 units in the same month last year. Production cut is in line with sales drop of 86% yoy impacted by COVID-19.
  • Maruti Suzuki India Ltd

    9 Jun 2020 , 12:38PM Maruti joins hands with Mahindra Finance; offers attractive financial schemes in times of COVID-19 to boost sales; sentimentally positive
  • Maruti Suzuki India

    5 Jun 2020 , 12:28PM As per Hyundai India, Passenger vehicle demand is picking up and the industry should reach 60% of normal sales in month of June 2020 as against 15-20% of normal sales reported in May 2020. Positive read thru
  • Maruti Suzuki

    3 Jun 2020 , 12:22PM Has launched teaser loan schemes to attract customers in difficult times of COVID-19. Teaser loans offer low interest rates for the first few months or years to attract customers, but rates are later increased. Sentimentally positive
  • Maruti Suzuki posts sales of 18539 units in May

    1 Jun 2020 , 11:40AM Maruti Suzuki reports total sales of 18,539 units in May 2020, including 13,865 units in domestic market
  • Maruti Suzuki posts sales of 18539 units in May

    1 Jun 2020 , 11:00AM Maruti Suzuki reports total sales of 18,539 units in May 2020, including 13,865 units in domestic market
  • Maruti Suzuki India

    29 May 2020 , 11:20AM The company re-commenced bookings from yesterday and has received bookings for 2,000 vehicles on first day
  • Maruti Suzuki

    28 May 2020 , 10:36AM Parent Suzuki Motor has stated that Maruti Suzuki is having 1 lakh bookings. Suzuki stated that May sales in India are down to 40% but dealer traffic has improved to 80% of Pre-COVID levels. Maruti is gradually ramping up capacity and plans to produce 34,000 vehicle in May and 60,000 vehicles in June 2020 (compared to installed capacity of 180,000 units). Company is gunning to retain 50% market share. Gradual ramp up in operations is positive.Also the company is exploring the possibility of entering the vehicle leasing business for its retail customers.
  • Maruti Suzuki

    27 May 2020 , 12:48PM Maruti Suzuki’s parent Suzuki has decided to defer the start of production from third line in Gujarat being built with an investment of Rs 3,800 crore till next year as a slowdown in demand due to the coronavirus is likely to keep buyer sentiment low in near term. The start of production is now planned for some time in CY2021 and not in CY2020 as planned earlier.
  • Maruti Suzuki India

    26 May 2020 , 3:28PM Maruti Suzuki India Limited: Ties up with ICICI bank to offer customised loans providing initial relief on EMI; to attract buyers
  • Maruti Suzuki India

    22 May 2020 , 12:40PM Has announced partnership with Cholamandalam Investment offering "Buy Now Pay Later" options to consumers. The offer allows flexibility to customers to pay EMI after two months of availing the loan. Automotive OEM's are launching various financial schemes to reduce the initial burden of EMI's (due to COVID-19) in order to attract customers.
  • Maruti Suzuki India

    19 May 2020 , 12:28PM Maruti Suzuki has delivered over 5,000 cars in the past few days with over 1,350 showrooms operational across the country at present. Also, Maruti Suzuki has reopened 2,124 of its 3,864 service workshops across the country. Industry experts believe on account of increasing preference for personal transport due to COVID-19 there would be surge in small car sales. However, these are initial trends and would need to watch for sustenance of demand. Maruti would benefit if there is increasing adoption of entry cars as it has about 65% market share in small cars compared to overall PV market share of 50%.
  • Maruti Suzuki

    18 May 2020 , 12:49PM As per media news, company witnesses steady increases in bookings; to restart operations at Gurugram plant from today; sentimentally positive
  • Maruti Suzuki India

    14 May 2020 , 11:14AM To supply Brezza SUV to Toyota India; company acquires stake in JJ Implex (acquisition small in size)
  • Maruti Suzuki India

    14 May 2020 , 9:14AM Maruti Suzuki India: Q4FY2020 Weak near-term outlook; recovery to take time
  • Maruti Suzuki India

    13 May 2020 , 3:50PM Maruti Suzuki Q4FY20 results: Lower than expected operating performance due to margin miss (one-time BS6 impact could have hit margins but company has not quantified the amount)
  • Maruti Suzuki India

    13 May 2020 , 11:25AM Maruti Suzuki has resumed operations at its Manesar plant after about 50 days of closure due to Covid-19 Pandemic. The facility has commenced operations on a single shift basis with up to 75% employees allowed currently. The Manesar plant makes models such as Alto, Swift, Dzire, S-Presso, Ertiga and Baleno and has an installed capacity of 8.8 lakh units per annum. Sentimentally positive.
  • Maruti Suzuki India

    12 May 2020 , 11:50AM As per media news, company to restart production at Manesar plant today with 50% manpower; delivers about 1,600 cars in the past four days; sentimentally positive
  • Maruti Suzuki India

    7 May 2020 , 9:53AM To restart production at Manesar plant; has re-opened 600 dealerships; company to offer attractive finance schemes to attract buyers.
  • Maruti Suzuki India

    6 May 2020 , 5:55PM As per media news, select dealers of the company have restarted operations after Government announced relaxations to standalone shops (except containment zones). Standalone shops were allowed to open wef from 4 May 2020. Both Arena and Nexa outlets of the dealerships are opening up. Also, Maruti has received approval from both Manesar and Haryana Government to restart manufacturing operations and the company will take a call on restarting operations.
  • Maruti to restarts manufacturing at Manesar plant

    27 Apr 2020 , 10:28AM Maruti receives permission to operate Gurgaon plant after Manesar
  • Maruti Suzuki India

    27 Apr 2020 , 10:05AM As per media reports, Government would allow Maruti Suzuki to start production at Gurugram (Gurgaon) plant with single shift. Government would allow 3700 workers at Gurugram plant. Gurugram plant manufactures engines and supplies to Manesar plant. Earlier, the company had received approval to restart Manesar plant.
  • Maruti Suzuki

    8 Apr 2020 , 9:42AM in the month of March 2020 dropped 32% yoy to 92,540 units, as against 1,36,201 units in March 2019. The steep drop in production is due to 47% yoy drop in wholesale sales on account of COVID-19. The drop in production is on expected lines.
  • Maruti Suzuki India

    1 Apr 2020 , 12:21PM March 2020 sales dropped 47% yoy to 83,792 units and were lower than our estimates of 1.15 lakh units.
  • Maruti Suzuki India sells 83,792 units in March 2020

    1 Apr 2020 , 11:02AM Maruti Suzuki sales in March 2020 and 2019-20
  • Maruti Suzuki

    30 Mar 2020 , 12:21PM Maruti Suzuki shall be assisting the government to produce ventilators and mask at its manufacturing facilities, which have suspended production currently due to Covid-19.
  • Maruti Suzuki

    23 Mar 2020 , 12:10PM Maruti will shut production and office operations at its facilities in Gurugram and Manesar, Haryana with immediate effect till further notice. Eicher Motors: Eicher Motors (Royal Enfield) has decided to suspend all operations globally, starting Monday, March 23, 2020, till March 31, 2020. Bajaj Auto: Will suspend manufacturing operations in India till March 31, 2020.
  • Maruti Suzuki

    17 Mar 2020 , 12:40PM Maruti Suzuki’s used car business (True value) has decided to transform the business from a largely car exchange-based model to a full-fledged used-car market place. Hereafter the True Value network which has 570 outlets across 280 cities, will accept used cars from any brands regardless of whether or not the customers buy Maruti cars or not. Earlier, only customers buying a new Maruti vehicle would sell their old Maruti or other brand cars to True value. This would increase the used car business for Maruti but the business is currently small (contributing about ~2% of overall profits).
  • Maruti Suzuki

    5 Mar 2020 , 10:53AM Has partnered with HDB Financial Services Limited, a leading Non-Banking Financial Company (NBFC), to provide customized and attractive car loans for customers. The tie up will facilitate loans for both new and used cars. Sentimentally positive.
  • Maruti Suzuki India

    2 Mar 2020 , 12:29PM Maruti Suzuki: Feb 2020 volumes flat on yoy basis; numbers in line with estimates
  • Maruti Suzuki

    11 Feb 2020 , 10:56AM To triple share of exports to 20% by adding more products and supplying to Toyota; positive read thru
  • Maruti Suzuki

    1 Feb 2020 , 3:06PM Maruti Suzuki: January 2020 Wholesales up 1.6%; numbers in line with estimates
  • Maruti Suzuki's domestic auto sales in Jan at 1.44 lakh units

    1 Feb 2020 , 11:07AM Maruti Suzuki sales in January 2020
  • Maruti Suzuki

    29 Jan 2020 , 11:16AM Stock update: Maruti Suzuki India Limited Q3FY2020 Results Review - Demand to remain muted in near term
  • Maruti Suzuki

    28 Jan 2020 , 2:44PM Maruti Suzuki: Operating results miss estimates driven by higher discounting; nos below expectations
  • Maruti Suzuki

    28 Jan 2020 , 11:53AM As per media news, Maruti Suzuki India (MSIL) has increased prices on select models by upto Rs 10,000 owing to increase in input costs. The new prices are effective from January 27, 2020.The price of Alto range would go up in the range of ₹6,000-₹9,000, S-Presso between ₹1,500 and ₹8,000 and WagonR between ₹1,500 and ₹4,000. Ertiga prices will go up between ₹4,000 and ₹10,000, Baleno by ₹3,000 to ₹8,000 and XL6 by up to ₹5,000. The average price hike is about 0.8%. Price hikes will enable the company to protect margins. Positive read thru.
  • Maruti Suzuki commences exports of its blockbuster model S-PRESSO

    24 Jan 2020 , 1:01PM Maruti Suzuki start exports of its chartbuster S-PRESSO to overseas market
  • M&M, Maruti Suzuki

    23 Jan 2020 , 10:57AM India’s second-largest PV manufacturer, Hyundai Motor India, has indicated that for its BS-VI vehicles, it’s not going to pass on the entire increased cost to consumers but will absorb a portion of it considering the poor demand conditions and for competitive reasons.Hyundai not fully passing on cost increases will enhance the pricing pressure in the industry and impact margins of PV players Maruti and M&M. Negative read thru.
  • Maruti Suzuki

    22 Jan 2020 , 11:29AM Rival Hyundai aims to increase market share; launches new “Aura” compact sedan and plans to launch a new MPV; negative for market leader Maruti Suzuki as it will increase competition
  • Maruti Suzuki

    21 Jan 2020 , 10:54AM Has launched BS6 version of the “Celerio” hatchback. The BS6 variant is priced at Rs 4.41 lakh (ex-showroom Delhi) for the base variant of Celerio as compared to 4.26 lakh for the BS4 variant. Cost increase on account of BS6 norms is about Rs 15,000 (about 3.5% of the price) and is largely on the expected lines. Neutral read thru.
  • Maruti Suzuki and Tata Motors

    15 Jan 2020 , 1:11PM As per media sources, owing to weak consumer sentiments, car companies such as Maruti Suzuki and Tata Motors have not raised car prices in January 2020 as announced earlier. Pricing and discount levels continue to remain at levels December 2019. Sentimentally negative.
  • Maruti Suzuki

    13 Jan 2020 , 2:16PM In order to boost sales, Company is teaming up with banks to offer vehicles at lower down payments; move to ease liquidity strain at customer end; sentimentally positive
  • Maruti Suzuki India

    10 Jan 2020 , 1:21PM As per media news, Competition Commission of India to look into allegations against the company regarding pushing buyers to purchase insurance; sentimentally negative
  • Maruti Suzuki December 2019 production numbers at 1,15,949 units

    8 Jan 2020 , 4:13PM December 2019 production numbers stood at 115,949 units, a growth of 8% yoy
  • Maruti Suzuki

    8 Jan 2020 , 2:57PM December 2019 production numbers stood at 115,949 units, a growth of 8% yoy. While the sales for the month were up 4% yoy. Positive
  • Maruti Suzuki

    1 Jan 2020 , 11:46AM Maruti Suzuki: December 2019 wholesales up 4% yoy – Numbers in line with estimates
  • Maruti Suzuki

    20 Dec 2019 , 12:04PM Rival Hyundai India has unveiled its compact sedan “Aura”. As per media, Aura has best in class looks and would be launched in 1.2 litre engines and will also have 1 litre turbocharged engine. Aura will be primarily targeted at the personal usage category and directly compete with Maruti’s bestseller Dzire. Dzire is currently top selling model for Maruti with monthly sales of about 20,000 units. Aura is company’s second car in the compact sedan segment (after Xcent) and would increase competition. Sentimentally negative for Maruti.
  • Maruti Suzuki

    17 Dec 2019 , 11:57AM Company sells 2 lakh automatic cars in FY2019; share of automatic cars to continue to increase; positive
  • M&M, Maruti

    12 Dec 2019 , 12:07PM Anand Mahindra chairman of Mahindra Group expects a revival in demand for passenger vehicles and tractors in next fiscal on the back of good rainfall and record reservoir levels. Mahindra is hopeful of the next year (FY21) particularly after April 2020 when new emission norms come into place and expects revival in demand. The street is already factoring revival in the demand in FY2021 after companies switchover to BS6 emission norms. Neutral read thru.
  • Maruti Suzuki

    12 Dec 2019 , 11:55AM Maruti Suzuki has tied up with Federal bank to provide dealer finance and customized auto retail financing solutions to customers. Sentimentally positive.
  • Maruti Suzuki India

    9 Dec 2019 , 11:27AM Production grew by 4% yoy in the month of November 2019. Recovery in volumes (4% growth in October 2019 and flattish volumes in November 2019) coupled with inventory levels coming down to normal (company corrected excess inventory in October 2019) led to increased production. This is the first month of production growth after Maruti cut production for nine consecutive months starting February 2019 till October 2019. Positive read thru.
  • Maruti Suzuki advances 3% on increase in November production

    9 Dec 2019 , 10:43AM Maruti Suzuki rises over 3% to Rs. 7,096.65, it has increased its production in November by 4.33% YoY
  • Maruti Suzuki

    6 Dec 2019 , 1:15PM Maruti Suzuki India will recall around one lakh vehicles of its smart hybrid vehicles due to the lithium-ion battery fire hazard. The second-generation smart hybrid to be recalled includes the Ciaz, the Ertiga and the recently launched XL6. Negative read thru.
  • Maruti Suzuki India sales down 1.9% in November at 150,630 units

    2 Dec 2019 , 12:20PM Maruti Suzuki total sales down by 1.9% at 1,50,630 lakh units against 1,53,539 units, YoY
  • Maruti Suzuki, M&M

    26 Nov 2019 , 11:54AM As per media news, discounts on passenger vehicles (BS 4 stocks) have come down post the end of festive season in October 2019. Discounts in the month of November 2019 are lower by Rs 4,000 to Rs 5,000 per vehicle. Discounts tend to come down post the festive season and now with the inventory coming close to normal the offers on vehicles have come down.
  • Maruti Suzuki

    22 Nov 2019 , 11:04AM Maruti will introduce petrol variants of Brezza and S Cross in Q4FY20; ahead of implementation of BS6 norms. Maruti has indicated discontinuation of diesel vehicles post BS6 as it believes customers would switch to petrol (due to high price difference between petrol and diesel). Currently Brezza and S-Cross are sold in diesel only and introduction of petrol variants would enable to largely maintain sales of these models.
  • Maruti Suzuki India

    19 Nov 2019 , 12:08PM Maruti Suzuki: As per media news, Maruti’s BS-4 Diesel models (Brezza, Dzire) witness increased demand ahead of BS-6 transition; Maruti introduces BS6 varinat of Wagon-R
  • Maruti Suzuki

    18 Nov 2019 , 2:27PM As per media news, Govt is considering proposal to re-introduce restriction on royalty payments for technology transfer; positive for Maruti if royalty rates are reduced
  • Maruti Suzuki

    11 Nov 2019 , 11:15AM The production for the month of October 2019 was lower by 21% yoy to 119,337 units. However, the wholesale sales (dispatches to dealers) were up by 5% in the month of October 2019. Negative read thru as it indicates weak sales in the coming months and also indicates further inventory correction by the company due to smooth transition to BS 6 emission norms which would come into effect from April 2020.
  • Maruti Suzuki India

    5 Nov 2019 , 12:17PM Maruti Suzuki will introduce a midsize SUV in 2022 (based on the current Brezza architecture) and a C-segment MPV in 2023 in alliance with Toyota. Both vehicles are likely to be produced at Toyota’s factory in Bidadi. Maruti is currently not present in these categories and introduction of new products would boost volumes. Positive read thru
  • Maruti Suzuki India

    4 Nov 2019 , 12:02PM As per media news, Toyota India likely to source CNG vehicles from Suzuki India; negative as supplies would be margin dilutive and enhance competition for Maruti
  • Maruti Suzuki India

    1 Nov 2019 , 1:12PM Maruti Suzuki Oct sales: Mid single digit growth driven by bunching of festive demand; nos broadly in line with estimates
  • Maruti reports total sales of 1.53 lakh units

    1 Nov 2019 , 12:44PM Maruti Suzuki sales in October 2019
  • Maruti Suzuki, M&M

    30 Oct 2019 , 10:53AM As per media sources, Korean carmaker and Hyundai India’s sister concern Kia Motors is planning to launch 4 new products in the Indian market over the next 2 years. Kia will launch an MPV in first half of 2020 and an compact SUV based on Hyundai Venue platform. Kia has received strong response for its SUV Seltos (sold 14,000 units in the first two months) and has garnered market share at expense of incumbent players Maruti and M&M. New product launches would further increase competition in Indian PV market. Negative
  • Maruti Suzuki India

    25 Oct 2019 , 11:02AM Maruti Suzuki: Stock update: Q2FY20 results review- Not out of woods yet
  • Maruti Suzuki

    14 Oct 2019 , 10:46AM The company stated that bookings and retails in first week of October (Navratra) have been better than last year and it expects current month to be better in terms of sales as compared with the same period last year. The recently launched model S-Presso has garnered over 10,000 bookings and the company plans to launch petrol versions of Vitara Brezza and S-Cross this fiscal to boost volumes. Positive read thru; October 2019 would see Dusherra and Diwali on same month as compared to spreading of these festives in Oct-Nov last year which would help in boosting sales.
  • M&M, Maruti Suzuki

    11 Oct 2019 , 10:38AM As per media news, rival Kia motors SUV (Seltos) has received more than 50,000 bookings (UV industry size is 80,000 per month) since its launch on 22nd August 2019. The company has sold about 14,000 units in the first two months of launch. Strong demand for Kia in a slowing market would increase pressure on incumbents Maruti and Mahindra & Mahindra and lead to further market share loss. Negative read thru.
  • Maruti Suzuki

    10 Oct 2019 , 3:03PM Parent Suzuki Motor has cut its FY20 sales and net income forecast by 10% and 30% respectively. Suzuki has cited decreased production in Japan, slowdown in India and exchange rate fluctuations as key reasons for cut in forecast. Maruti Suzuki contribute about 35% of profits for the parent Suzuki and cut in the forecast reflects weakness in Maruti’s performance. Negative read thru.
  • Maruti Suzuki

    3 Oct 2019 , 1:12PM Maruti Suzuki: Competitor Renault has launched an upgrade of its entry level car Kwid priced in between Rs 2.83 lakhs to Rs 4.84 lakhs with 0.8L and 1L powertrains with manual and automated transmission options. The pricing is aggressive as compared to Maruti Suzuki’s S-Presso, launched on 30th Sep 2019. This would result in heightened competitive pressures and could impact volumes of the S-Presso. Negative read thru.
  • M&M, Maruti

    1 Oct 2019 , 12:27PM To enhance exports to offset weakness in the domestic demand; Positive but exports to take longer time to ramp up
  • Maruti Suzuki overall sales falls by 24% yoy to 1.22 lakh units

    1 Oct 2019 , 11:23AM Maruti Suzuki sales in September 2019
  • Maruti Suzuki India

    1 Oct 2019 , 11:16AM Maruti Suzuki September 2019 sales: Double-digit drop continues; overall sales marginally ahead of estimates
  • Maruti Suzuki introduces its Mini-SUV S-PRESSO

    30 Sep 2019 , 1:23PM Maruti Suzuki: Launches mini SUV – SPresso at an expected price range of Rs 3.69 lakhs to Rs 4.91 lakhs; Positive read thru, but the segment size is small
  • Maruti Suzuki S-Presso to launch today

    30 Sep 2019 , 12:19PM Maruti Suzuki: As per media news, Maruti Suzuki would launch the small SUV (sub four metre) – S Presso in India today – 30th September 2019. The vehicle will be the smallest SUV styled vehicle by Maruti and will be positioned below the Vitara Brezza. S Presso will compete directly with Renault Kwid. The vehicle is expected to be priced around Rs 3.5 lakh to Rs 4.8 lakh (ex-showroom, Delhi). Positive read thru but the small SUV segment market size is small.
  • Maruti cuts prices for ex-Showroom price of 'Baleno RS' by Rs. 1 lakh

    27 Sep 2019 , 1:38PM Maruti cuts prices for ex-Showroom price of 'Baleno RS' by Rs. 1 lakh
  • Maruti Suzuki cuts car prices, days after govt slashes corporate tax

    25 Sep 2019 , 12:01PM Maruti Suzuki: In order to revive the demand, the company has announced price cuts on select models by Rs 5,000 (about 0.5% to 1.25%) thereby passing larger chunk of the benefit of recent corporate tax cuts. Negative read thru
  • Maruti Suzuki dips as car prices cut by Rs. 5000

    25 Sep 2019 , 11:56AM Maruti Suzuki slips by 3% to Rs. 6764, after company decide to reduce the price of select models
  • Maruti Suzuki expects sales of its cars higher in Sep 2019

    24 Sep 2019 , 10:53AM Maruti Suzuki: expects sales of its cars in September 2019 to be higher than the previous month. The booking levels have gone up as compared to the previous month and the company expects 29th and 30th of September 2019 to witness very high retail sales as shraddh period ends on 28th September. Also the company is planning to reduce the prices of its car so as to pass on the benefits of a tax cut, however the quantum of price cut is not stated by the company. Positive read thru
  • Maruti Suzuki dispatches fall 33% y-o-y

    3 Sep 2019 , 11:34AM The company has cut production by 34% y-o-y in August for the seventh consecutive month.
  • Maruti Suzuki cuts production by 25% in July 2019

    8 Aug 2019 , 11:00AM Maruti Suzuki's July 2019 production falls to 1,33,265 units against 1,78,533 units in July 2018
  • Maruti Suzuki July 2019 sales at 1,09,264 units

    1 Aug 2019 , 11:06AM Maruti Suzuki July 2019 sales at 109,264 units declined steeply by 34% and is way below the estimated 140,700 units
  • Maruti Suzuki July 2019 sales at 1,09,264 units

    1 Aug 2019 , 11:04AM Maruti Suzuki July 2019 overall dispatches decline steeply by 34% impacted by weak demand and likely high inventories
  • Maruti Suzuki: Q1FY2020 Result Update

    29 Jul 2019 , 11:22AM Maruti Suzuki: Q1FY2020 Result Update - Recovery not in sight; Retain Hold
  • Maruti Suzuki reports in line results for the quarter

    26 Jul 2019 , 3:25PM Maruti Suzuki: Q1FY2020 results broadly in-line with estimates
  • Suzuki Drops plans to double Capacity in India

    24 Jul 2019 , 12:46PM Maruti Suzuki: As per media news parent Suzuki Drops plans to double Capacity in India; creates uncertainty on long term production plans; sentimentally negative
  • Toyota India plans to source more models from Maruti Suzuki

    19 Jul 2019 , 10:27AM Maruti Suzuki: Toyota India is planning to source more models from Maruti Suzuki for the Indian market, apart from the four vehicles already announced - Baleno, Vitara Brezza, Ciaz and Ertiga. The vehicles sourced from Maruti will be below Rs 10-lakh category and include hatchbacks and sedans, where Toyota is not present. Negative for Maruti Suzuki as this would increase the competitive intensity and also likely to impact margins (supplies to Toyota would be margin dilutive). Recently launched Glanza (rebadged version of Baleno) is selling about 2,500 to 3,000 units per month.
  • Maruti overall sales drop 14% yoy to 124,708 units

    1 Jul 2019 , 12:25PM Maruti Suzuki June 2019: Double digit drop continues given weak industry demand and market share loss to competition; nos in-line with estimates
  • Maruti Suzuki signs inventory financing deal with BoB

    21 Jun 2019 , 2:43PM Partnership will allow Maruti to provide financing opportunities to dealers
  • Maruti Suzuki introduces CNG variants in the entry level hatchback Alto

    14 Jun 2019 , 1:36PM Maruti Suzuki: The company has introduced CNG variants in the entry level hatchback Alto. The company has also launched BS6 variant of Wagon R at price of Rs 4.34-5.33 lakh (base variant price has increased by Rs 14,000). Maruti has also upgraded Swift to BS6 complaint engine at price of 5.14-8.89 lakh (petrol base variant would see price increase of Rs 15,000). Introduction of CNG variants in Alto is Positive while Maruti has been leading the industry with rollout of BS6 variants.
  • Maruti Suzuki dips after Deutsche Bank cuts price target

    12 Jun 2019 , 2:24PM Maruti Suzuki falls by 2% to Rs. 6850.90, after global brokerage reduces price target to Rs. 6,325
  • Maruti Suzuki nos below estimates

    3 Jun 2019 , 12:24PM Maruti Suzuki: Sales drop 22% on market share loss on weak industry demand; nos below estimates
  • Maruti Suzuki shut the operations at its Manesar and Gurgaon plants

    28 May 2019 , 11:07AM Maruti Suzuki: The company has shut the operations at its Manesar and Gurgaon plants for a day to manage the rising inventory levels. Weak retail demand and continued high levels of inventory has led to company cutting production for third consecutive month. Both plants produce around 6,000-7,000 units per day. We expect wholesale dispatches to remain under pressure in the near term. Negative read-thru
  • Maruti Suzuki April 2019 production falls by 10% y-o-y

    9 May 2019 , 3:20PM Maruti Suzuki: April 2019 production dropped 10% yoy , while for the month of April company has reported volumes drop of 17% yoy due to weak demand scenario and company’s efforts to correct inventory. Over March-April 2019, Maruti’s production has dropped 15% while sales have dropped by 10%. Company is likely to continue production cuts in the near term as demand scenario is weak. Negative read thru but largely factored in the stock price.
  • Maruti Suzuki would introduce a 7-seater version of Wagnor

    8 May 2019 , 12:46PM Maruti Suzuki: To launch 7 seater version of Wagon-R in June 2019; positive read thru
  • Maruti Suzuki posts 17% drop in April sales

    2 May 2019 , 1:02PM Maruti Suzuki April 2019 sales: Drop steeply 17% yoy driven by weak industry demand, possible market share loss and high base; nos below estimates
  • Maruti Suzuki warns auto sales in India, likely to take another hit

    30 Apr 2019 , 10:13AM Maruti Suzuki, M&M: Maruti Suzuki has warned that the auto sales in India are likely to take another hit, contrary to the expectations of them improving post the Lok Sabha polls. US embargo on Iranian crude imports (could spike crude oil prices) and new emission norms (BS6) are likely to play a spoilsport. As per IHS Markit (automotive research firm) India’s passenger vehicle market is expected to post flat sales in CY2019 and sales may dip in CY2020 if PV players stop producing diesel cars due to steep cost increase post BS6 norms. Negative read thru
  • Maruti Suzuki plans to launch petrol variant

    26 Apr 2019 , 11:49AM Maruti Suzuki: Plans to launch petrol variant of bestselling “Brezza” SUV in Diwali as per media sources. Positive. Also, the company may phase out smaller diesel cars (currently about 23% of sales) post implementation of BS 6 emission norms as customer preference would shift to petrol, CNG (since diesel BS6 vehicle would become more costly) but would take a final call depending on the customer behaviour.
  • Maruti Suzuki hikes prices of baleno

    25 Apr 2019 , 11:52AM Maruti Suzuki: Hikes prices of “Baleno” hatchback diesel and Petrol RS variants by about 2%. Positive read thru
  • Toyota basis the agreement with Suzuki Motors

    24 Apr 2019 , 10:50AM Maruti Suzuki: Toyota basis the agreement with Suzuki Motors (Maruti’s Parent) shall be introducing Toyota badged version of Baleno. As per media news the launch is slated to happen by mid 2019. In addition to the Baleno, Toyota is also considering rebadged versions of Maruti's Ciaz, Ertiga & Vitara Brezza. Launch of Toyota badged cars would intensify competitive pressures. Secondly, Maruti has launched a BS6 variant of Alto 800, which is priced higher by 8-10% as compared to the outgoing one. The steep increase in prices could impact demand. Negative read thru for Maruti Suzuki.
  • Maruti cut vehicle production by around 21% in March

    5 Apr 2019 , 11:05AM The country's largest car maker cuts its production by 21% yoy in the month of March 2019
  • Maruti Suzuki cuts its production by 21% y-o-y

    5 Apr 2019 , 9:59AM Maruti Suzuki: Has cut its production by 21% yoy in the month of March 2019 producing 136,201 units as against 172,195 in March 2018. The production cut is significant and points at higher channel inventory and indicates subdued demand in near term. Negative
  • Maruti Suzuki March 2019 numbers broadly in line with estimates

    1 Apr 2019 , 11:08AM Maruti Suzuki March 2019 sales numbers decline 1.6%, Numbers broadly in line with estimates
  • Maruti Suzuki March 2019 overall sales at 158,076

    1 Apr 2019 , 10:46AM Maruti Suzuki March 2019 sales numbers decline by 1.6%
  • Maruti Suzuki raises dealer margins by Rs. 3,000 per vehicle

    19 Mar 2019 , 12:09PM Maruti Suzuki raises dealer margins by Rs. 3,000 per vehicle
  • Maruti Suzuki to cut production by 27% y-o-y

    18 Mar 2019 , 10:50AM To cut production by 27% yoy in March 2019 on back of weak demand; discounts
  • Maruti Suzuki to cut production by 27% y-o-y

    18 Mar 2019 , 10:50AM To cut production by 27% yoy in March 2019 on back of weak demand; discounts
  • Maruti Suzuki: February 2019 sales almost flattish on a YoY bases; Numbers marginally below estimates.

    1 Mar 2019 , 11:53AM February 2019 sales almost flattish on a YoY bases; Numbers marginally below estimates.
  • Maruti Suzuki February 2019 sales at 1,48,682 units

    1 Mar 2019 , 11:51AM February 2019 sales almost flattish on a y-o-y basis
  • Maruti Suzuki will discontinue production of "Omni" vans

    6 Feb 2019 , 10:27AM Maruti Suzuki: Will discontinue production of "Omni" vans as the company states it cannot upgrade Omni to meet upcoming safety regulations of mandatory airbags and ABS. The mandatory safety norms are effective from April 2019.Omni sells about 6,500 units on monthly basis forming about 4% of overall volumes. Negative read thru
  • Maruti Suzuki January sales up by 0.2% to 1.51 lakh units

    1 Feb 2019 , 10:45AM Maruti Suzuki January 2019 sales numbers at 151,721 units are flat on YoY basis
  • Maruti Suzuki January sales up by 0.2% to 1.51 lakh units

    1 Feb 2019 , 10:43AM Maruti Suzuki January sales up by 0.2% to 1.51 lakh units
  • Passenger Vehicle companies expect to continue in Q4FY2019

    24 Jan 2019 , 11:33AM Maruti Suzuki, M&M: Passenger Vehicle companies expects the subdued performance to continue in Q4FY2019. The companies expect flattish growth of 1-2% in Q4 FY2019 for the industry. The street was factoring recovery in Q4FY2019 with expectations of mid single digit growth in Q4. PV players expect FY2019 overall growth for industry to slowdown to 2-3% as against earlier growth projection of 6-7%; negative read thru
  • Maruti plans to launch Ciaz sedan with a bigger 1.5 litre diesel engine

    4 Jan 2019 , 11:58AM Maruti Suzuki upgraded Ertiga has received an overwhelming response receiving around 23,000 bookings. Currently, the Ertiga commands a waiting period of 16 weeks. Also, Maruti plans to launch Ciaz sedan with a bigger 1.5 litre diesel engine. Positive read thru
  • Maruti Suzuki December 2018 overall sales at 128,338 units

    1 Jan 2019 , 12:33PM Maruti Suzuki: December 2018 overall sales under pressure due to higher than normal channel inventory and higher competition; Numbers are in-line with estimates.
  • Maruti Suzuki December 2018 sales falls by 1.3%

    1 Jan 2019 , 10:48AM Maruti Suzuki sales for the month of December 2018 drops by 1.3%, at 1,28,338 units
  • Maruti Suzuki to proactively recall 5900 Super Carry vehicles

    26 Dec 2018 , 10:56AM Maruti Suzuki to inspect a possible defect in fuel filter of 5900 Super Carry vehicles manufactured between April 26, 2018 and August 01, 2018
  • Rival Hyundai India's Santro eats into Maruti’s mini car market shar

    11 Dec 2018 , 11:29AM Maruti Suzuki: Rival Hyundai India's Santro eats into Maruti’s mini car market share; Maruti market share to remain under pressure in near term due to strong orderlog of Santro; negative
  • December 2018 discounts higher than last year

    5 Dec 2018 , 12:23PM Maruti Suzuki, Tata Motors: December 2018 discounts higher than last year; sentimentally negative read thru
  • Maruti Suzuki falls by 12.6% y-o-y in November

    5 Dec 2018 , 11:07AM Maruti Suzuki production decline by 12.6% y-o-y to 1,35,946 units in November
  • Maruti Suzuki November sales down 0.7% at 1.53 lakh units

    3 Dec 2018 , 11:47AM Maruti Suzuki: Flat sales trend continues driven by industry weakness; sales drop marginally 0.7%; numbers marginally above estimates
  • Maruti Suzuki November sales down 0.7% at 1.53 lakh units

    3 Dec 2018 , 11:46AM Maruti Suzuki November 2018 sales dropped marginally to 153,539 units
  • Maruti Suzuki's iconic brand Swift celebrates its two million sales

    27 Nov 2018 , 10:59AM Maruti Suzuki records a sales growth of 36% with dominant market share of 29% in April-Oct 2018-19
  • Maruti increase production of its model Vitara Brezza

    20 Nov 2018 , 11:36AM Maruti Suzuki ramps up Vitara Brezza production to reduce waiting period
  • Maruti Suzuki post flat october sales

    1 Nov 2018 , 10:57AM Maruti Suzuki October 2018 dispatches at 146,766 units are flat on a YoY basis
  • Maruti Suzuki post flat october sales

    1 Nov 2018 , 10:55AM Maruti Suzuki October 2018 dispatches at 146,766 units are flat on a YoY basis
  • Competitor Hyundai eyes 30% share in compact car space

    25 Oct 2018 , 11:34AM Maruti Suzuki: Competitor Hyundai eyes 30% share in compact car space (current 20% share) with launch of Santro; Santro receives strong 23,500 bookings since launch; increased competition to be negative
  • Hyundai will price Santro at Rs. 4.45 lakh

    17 Oct 2018 , 2:59PM Hyundai already start bookings for Santro and it will be officially launched on October 23, 2018
  • Maruti Suzuki posts flat sales in September

    1 Oct 2018 , 10:36AM The country’s largest automaker sold 1.62 lakh units last month, a decline of 0.5 percent from the year-ago period
  • Maruti Suzuki boosts Baleno production

    14 Sep 2018 , 10:34AM Maruti Suzuki sells over 450,000 units of Baleno cumulatively, since its launch
  • Maruti to shift to new location

    12 Sep 2018 , 10:58AM Maruti Suzuki plans to shift Gurgaon facility to new location; new plant to have modernize facilities and machinery and to improve efficiency; positive read thru
  • Maruti Suzuki aims to sell 5 mn cars by 2030

    11 Sep 2018 , 10:33AM Maruti Suzuki aims to sell 5 mn cars p.a by 2030 (implies a CAGR of 9%) and retain its 50% market share. Maruti to launch the Electric version of the Wagon-R in 2020 and is expected to be priced around Rs 10 lakh mark. Positive.
  • Maruti to launch electric vehicles in India

    10 Sep 2018 , 2:10PM Maruti Suzuki to start testing a fleet of 50 prototypes of electric vehicles in India from October 2018. The company shall be launching electric vehicles in India in 2020 in collaboration with Toyota Motor Corporation. Further Suzuki Motor Corp is on the process of setting up a lithium ion battery plant at Gujarat with production to commence by 2020. Positive.
  • Suzuki Motor Corp to invest Rs90 bn

    4 Sep 2018 , 11:47AM Maruti Suzuki's parent, Suzuki Motor Corp (SMC) is looking to invest Rs90 bn (Rs9,000 crore) in Gujarat towards building a new plant, with a capacity of ~750,000 cars. This is in addition to the existing plant. Further SMC expects Indian passenger vehicle markets to grow to 10 mn annually by 2030 and it aims to control 50% of the market. This translates into sales of 5 mn vehicles, which is a 3 fold jump from its current sales volumes. Positive
  • Maruti Suzuki Aug 2018 sales falls by 3%

    3 Sep 2018 , 11:06AM Maruti Suzuki August 2018 sales impact by Kerala floods, overall dispatches decline 3%
  • Maruti Suzuki Aug 2018 sales falls by 3%

    3 Sep 2018 , 11:05AM Maruti Suzuki August 2018 sales impact by Kerala floods, overall dispatches decline 3%
  • Maruti Suzuki plans to develop more CNG-run engines

    24 Aug 2018 , 12:22PM Maruti Suzuki will explore the possibility of developing cars that will run on alternative fuels such as ethanol and methanol along with its efforts to launch electric vehicles. The company is also planning to develop more CNG-run engines for its cars going ahead to reduce carbon emissions. Positive read thru
  • Maruti Suzuki hike prices of car models

    17 Aug 2018 , 9:16AM Maruti Suzuki has hiked prices of its car models across portfolio by up to Rs6,100 (Ex showroom delhi). The price hike (amounts to about 0.5%) has been taken to pass on the increase in commodity and distribution costs and adverse foreign exchange rates. Positive.
  • Maruti Suzuki increases price of cars

    16 Aug 2018 , 3:15PM Maruti Suzuki announces a price change for its models owing to increase in commodity and distribution costs and adverse foreign exchange rates
  • Maruti Suzuki

    10 Aug 2018 , 11:56AM Maruti Suzuki's parent Suzuki Motor Corp conducted improper fuel economy and emissions tests on their vehicles as per media reports. Suzuki has submitted reports of their findings on their tests to the transport ministry in Japan and will publicise details. Sentimentally negative for Maruti as it is dependent on technology on parent and claim of improper tests is sentimentally negative
  • Maruti introduces AMT variant in top end versions

    9 Aug 2018 , 11:12AM Maruti Suzuki has introduced AMT variant in the top end versions of the Swift. The petrol-AMT ZXI+ has been priced at Rs7.76 lakh while the diesel-AMT ZDI+ is priced at Rs8.76 lakh (ex-showroom, Delhi). The AMT car costs about Rs50,000 more than their manual counterparts. Positive read thru
  • Maruti Suzuki launches Auto Gear Shift

    8 Aug 2018 , 12:14PM Maruti Suzuki launches the AGS (Auto Gear Shift) option in the top-end ZXi+ and ZDi+ variants of Swift. The new variant would have superior features such as LED Projector headlamps, auto headlamps, LED DRLs, precision cut two-tone alloy wheels, reverse parking sensors with camera, among others The AGS variant is priced at Rs 776,000 (petrol) and Rs 876,0000 (diesel). Both the prices are Ex showroom. Positive.
  • Maruti Suzuki will increase product prices in Aug 2018

    1 Aug 2018 , 1:34PM Maruti Suzuki will increase product prices in August 2018 to offset adverse movement in commodity prices, forex movement and higher freight expenses
  • Maruti Suzuki July 2018 nos below estimates

    1 Aug 2018 , 11:13AM Maruti Suzuki: July 2018 dispatches are flat on a y-o-y basis, UV and mini segment sales decline – Numbers below estimates
  • Maruti Suzuki July 2018 nos below estimates

    1 Aug 2018 , 11:12AM Maruti Suzuki July 2018 dispatches for the month at 164,369 nos are flat on a yoy basis
  • Commerce ministry proposes limits on royalty payments

    1 Aug 2018 , 10:01AM Maruti Suzuki; Jubilant Foodworks; HUL: Commerce ministry proposes limits on royalty payments for technology transfer; positive if implemented
  • Maruti Suzuki Q1FY19 net profit at Rs1975 cr

    26 Jul 2018 , 2:13PM Maruti Suzuki’s Q1FY2019 operational performance is marginally ahead of our estimates
  • Maruti is confident of selling 2 mn vehicles in FY2019-20

    26 Jul 2018 , 11:32AM Maruti Suzuki is Confident of selling 2 mn vehicles in FY2019-20 and looks to sell 3 mn vehicles by FY2025 in domestic market (implies industry leading 9% CAGR); – Positive
  • Maruti Suzuki to recall new Swift and new Dzire cars

    25 Jul 2018 , 10:28AM Maruti Suzuki to recall 566 new Swift and 713 new Dzire cars manufactured between May 07 2018 - July 05, 2018
  • Maruti Suzuki expands reach of Ecstar products

    20 Jul 2018 , 1:08PM Maruti Suzuki India expands reach of Ecstar products to boost aftermarket revenues
  • Maruti to add 7.5 lakh production capacity in Gujarat

    5 Jul 2018 , 12:59PM Maruti Suzuki plans to to add 7.5 lakh units manufacturing capacity from three production lines in Gujaratplant by 2020
  • Maruti Suzuki to add 7.5 lakh units capacity in Gujarat by 2020

    5 Jul 2018 , 12:14PM Positive read through for Maruti Suzuki.
  • Automobiles: June 2018 sales numbers review

    4 Jul 2018 , 11:17AM We continue to prefer Maruti Suzuki in the automotive space, given the sustained demand for its products, leading to a consistent rise in its market share in the PV segment. Ashok Leyland would also be our preferred pick, given it is a pure CV play and the best stock to play the MHCV upcycle. We also like TVS Motors (given the strong new product launch pipeline and foray in to the premium motorcycle segment) and M&M (strong traction in rural demand and new launches in the automotive space).
  • Maruti Suzuki on a strong footing

    22 Jun 2018 , 12:35PM We retain Buy rating on the stock with a revised PT of Rs. 10,500 (earlier PT of Rs. 11,085).
  • Share of automatic variants to rise in passenger vehicles

    22 Jun 2018 , 11:26AM Positive read through for Maruti Suzuki, M&M and Tata Motors.
  • Maruti Suzuki to launch mini SUV Jimny

    13 Jun 2018 , 12:07PM Positive read through for Maruti Suzuki.
  • Maruti Suzuki May 2018 overall sales up 26% YoY

    1 Jun 2018 , 11:51AM Maruti Suzuki overall sales for May 2018 at 172,512 units are up impressively by 26% YoY
  • Maruti Suzuki aims to sell 2 lakh cars with AMT

    1 Jun 2018 , 10:24AM Positive read through for Maruti Suzuki.
  • Maruti Suzuki targets 2.5 million sales by FY2023

    14 May 2018 , 10:51AM Positive read through for Maruti Suzuki.
  • Maruti Suzuki to launch refreshed Wagon R

    7 May 2018 , 11:37AM Positive read through as Maruti Suzuki to launch refreshed Wagon R with automatic transmission in Diwali this year.
  • Maruti Suzuki April sales up 14% (YoY)

    2 May 2018 , 12:52PM Maruti Suzuki reports a 14% growth in April 2018 dispatches to 172,896 units as against the estimated 171,300 units
  • Maruti Suzuki is well poised to outpace industry

    30 Apr 2018 , 10:46AM We maintain our Buy recommendation on the stock with an unchanged PT of Rs 11,085
  • Maruti Suzuki posts strong March sales nos

    2 Apr 2018 , 11:44AM Maruti Suzuki reports 14.9% increase in total sales at 1,60,598 units in March as against 1,39,763 units in the year-ago month
  • Parent Suzuki and Toyota enter in to a cross badging agreement to manufacture vehicles for each other in India; Positive for Maruti Suzuki as it would increase the volumes

    2 Apr 2018 , 10:16AM The development is Positive for Maruti Suzuki as it would be able to foray in the executive Sedan segment with the Corolla Altis from Toyota. New product in the new segment could punch up the volumes, while it would also punch up the sales for Baleno and Vitarra Brezza
  • New “Swift” clocks over 1 lakh bookings

    27 Mar 2018 , 9:48AM Positive read through for Maruti SUzuki as the new Swift clocks over 1 lakh bookings. The waiting period stands at 8-10 weeks.
  • Maruti Suzuki to launch upgraded version of Ertiga MPV

    21 Mar 2018 , 11:04AM Positive read through as Maruti Suzuki to launch upgraded version of Ertiga MPV in August 2018 to take on Upcoming Mahindra U321.
  • New Swift crossed 90,000 bookings since launch

    19 Mar 2018 , 9:20AM Positive read through for Maruti Suzuki as company aims for a double digit growth for FY2019 lead by sustained demand for Swift, Dzire, Baleno and Vitara Brezza.
  • Maruti Suzuki to launch 6 speed gearboxes in entire product range

    14 Mar 2018 , 11:01AM Positive read through for Maruti Suzuki as it is planning to launch six speed gearboxes in its entire product range from Alto to Ciaz.
  • Maruti Suzuki likely to launch sportier version of “Swift” hatchback

    1 Mar 2018 , 11:29AM Positive read through for Maruti Suzuki as it is likely to launch sportier version of Swift hatchback.
  • Maruti Suzuki receives 60k bookings for Swift

    26 Feb 2018 , 3:22PM Maruti Suzuki received 60,000 bookings for the recently launched 3rd generation Swift
  • Maruti Suzuki receives 60,000 bookings for 3rd generation Swift

    26 Feb 2018 , 3:14PM Positive read through for Maruti Suzuki as it receives 60,000 bookings for the recently launched 3rd generation Swift.
  • Maruti Suzuki's Nexa emerges as third-largest selling retail network in PV sales

    22 Feb 2018 , 12:52PM Maruti Suzuki's premium distribution network “Nexa” becomes third-largest retail network in PV sales in less than 3 years of launch.
  • Maruti Suzuki LCV Super Carry corner 2% market share

    20 Feb 2018 , 12:38PM Positive read through for the company as it is to expand dealer network and product portfolio.
  • Maruti Suzuki board approves volume based royalty payout to parent Suzuki

    19 Feb 2018 , 10:19AM Positive read through as Maruti Suzuki board approves volume based royalty payout to parent Suzuki thus to result in lower royalty for new launches;
  • Maruti Suzuki launches new 3rd generation Swift

    8 Feb 2018 , 2:02PM Maruti Suzuki launches the new 3rd generation Swift priced at an expected price of Rs4.99 Lakh
  • Maruti Suzuki to invest $2.3 billion over the next 3 years

    8 Feb 2018 , 9:59AM Positive read through as Maruti Suzuki to invest $2.3 bn over the next 3 years while parent Suzuki to pump in $0.7 Bn towards new products, R&D, electric& Hybrid vehicles and efficiency improvement.
  • Toyota and Maruti Suzuki to roll out small electric car

    7 Feb 2018 , 9:48AM Positive read through as the partnership between Japanese carmakers Toyota and Maruti's parent Suzuki will roll out a small electric car for the mass segment in India.
  • Maruti Suzuki receives over 30,000 bookings for the new Swift

    5 Feb 2018 , 10:07AM Positive read through as Maruti Suzuki receives over 30,000 bookings for the new Swift (about 2 months sales).
  • Maruti Suzuki reports 5% rise in domestic sales for January

    1 Feb 2018 , 3:17PM Maruti Suzuki January 2018 dispatches rises by 5% YoY driven by strong double digit growth in Compact and utility vehicle segments
  • Maruti Suzuki lines up Rs 4,000 cr capex for next fiscal

    30 Jan 2018 , 9:31AM Positive read through as Four new vehicles to come in 2018; expects better volumes in 2018 than 2017;
  • Maruti to showcase 18 vehicles in Auto Expo 2018

    25 Jan 2018 , 9:21AM he record launches indicate a strong product launch pipeline for market leader which would enable to strengthen its leadership position. Positive read through
  • Maruti Suzuki to launch 4 new products in the next 12-18 months

    22 Jan 2018 , 9:47AM Positive read through as the company to launch 4 new products in the next 12-18 months.
  • Maruti Suzuki to strengthen its presence in the compact car segment

    19 Jan 2018 , 4:00PM Positive read through as the company company expects much higher demand with launch of refreshed variant.
  • Maruti Suzuki hikes prices across models

    11 Jan 2018 , 12:37PM Maruti Suzuki increases prices of its models by up to Rs17,000 in order to partially offset rise in input costs.
  • Maruti Suzuki has announces a price hike ranging from Rs 1,700 to Rs 17,000

    11 Jan 2018 , 8:55AM Positive read through as Maruti Suzuki announced a price hike ranging from Rs 1,700 to Rs 17,000 (about 0.5% to 1%) across all the models to pass on the rise in commodity, administrative and distribution cost.
  • Maruti Dec 2017 sales up by 10% (Y0Y)

    1 Jan 2018 , 12:24PM Maruti Suzuki announces that its total sales rises by 10% to 1.3 lakh units in December 2017 over December 2016
  • Double digit growth continues for Maruti Suzuki

    1 Jan 2018 , 11:50AM Double digit growth continues led by robust demand; however growth moderates marginally as company undertakes plant maintenance shutdowns; nos below estimates Maruti Suzuki December 2017 sales grew a healthy 10% yoy to 130,066 units.
  • Maruti Suzuki to maintain strong sales growth momentum

    1 Jan 2018 , 9:40AM Positive read through for Maruti Suzuki as it is to maintain strong sales growth momentum in 2018 with slew of new launches
  • Maruti Suzuki enters into an agreement with Govt of Delhi

    28 Dec 2017 , 10:32AM Maruti Suzuki enters into an agreement with the Government of NCT of Delhi to set up state-of-the-art Automated Driving Test Centres across 12 locations in the city
  • Toyota to launch 10 electric vehicles

    19 Dec 2017 , 9:17AM Positive read through for Maruti as it can use Toyota's platforms to roll out EV given the technological tie up
  • Maruti Suzuki India getting bigger and stronger

    18 Dec 2017 , 10:56AM MSIL ramping Gujarat production on robust demand.
  • Maruti Suzuki to take 2% price hike across portfolio

    14 Dec 2017 , 9:22AM Positive read through for Maruti Suzuki as it will offset the impact of the rising input costs.
  • Maruti Suzuki to launch electric vehicles in India by 2020

    5 Dec 2017 , 8:51AM Positive read through for Maruti Suzuki as the company plans to launch electric vehicles in India by 2020 with technology support from parent Suzuki Motor Corp.
  • Maruti Suzuki launches cross version of Celerio

    5 Dec 2017 , 8:43AM Positive news for Maruti Suzuki as it has launched CelerioX a cross version of its hatchback Celerio.
  • Maruti Suzuki launches CelerioX at Rs5.42 lakh

    1 Dec 2017 , 2:42PM Maruti Suzuki launches “CelerioX”, a new variant of its existing hatch back Celerio
  • Maruti Suzuki launches CelerioX at Rs5.42 lakh

    1 Dec 2017 , 2:36PM Maruti Suzuki launches “CelerioX”, a new variant of its existing hatch back Celerio
  • Maruti Suzuki sales up 14% in Nov 2017

    1 Dec 2017 , 11:10AM Maruti Suzuki reports 14% YoY growth in sales for November driven by a 15% YoY growth in domestic sales
  • Suzuki acquires land in Gujarat to enhance production capacity

    23 Nov 2017 , 8:44AM Positive read through for Maruti Suzuki as parent Suzuki aims for 2 million and 3 million production target by 2020 and 2025 (implies industry leading 9% CAGR);
  • Maruti Suzuki's Baleno becomes second largest selling vehicle

    22 Nov 2017 , 8:42AM In YTD FY2018 period (April to October 2017), the volumes of Baleno increased by 64.9% yoy to 1,08,329 units and the average production of the car has been around 17,000 units per month.
  • Passenger vehicle exports under pressure

    20 Nov 2017 , 4:02PM Negative news for PV exporting companies; however, Maruti likely to have limited impact
  • Maruti Suzuki's Toyota to introduce electric vehicles in India

    20 Nov 2017 , 8:51AM Positive read through for Maruti Suzuki as Toyota aims to to introduce electric vehicles in India in 2020.
  • Maruti Suzuki's S-Cross receives strong response

    16 Nov 2017 , 8:41AM Positive read through for Maruti Suzuki as its refreshed S-Cross receives strong response and gets 11,000 bookings in less than 2 months.
  • Suzuki CEO worried over India's electric push

    3 Nov 2017 , 9:14AM Sentimentally negative news for Maruti Suzuki; however, we believe near term impact is minimal as adoption of electric vehicles would be gradual.
  • Maruti Suzuki's double digit growth continues in Oct 2017

    1 Nov 2017 , 11:13AM Maruti Suzuki's double digit growth continues on robust demand for new launches in October 2017. Numbers marginally below estimates.
  • Maruti Suzuki India to buy land parcels to strengthen dealer network

    30 Oct 2017 , 4:14PM Positive news for Maruti Suzuki India as it earmarks Rs 1,000 cr to buy land parcels this fiscal in order to strengthen dealer network.
  • Maruti Suzuki India to buy land parcels to strengthen dealer network

    30 Oct 2017 , 4:14PM Positive news for Maruti Suzuki India as it earmarks Rs 1,000 cr to buy land parcels this fiscal in order to strengthen dealer network.
  • Maruti Suzuki India reported a strong operating performance in Q2

    30 Oct 2017 , 11:11AM Maruti Suzuki India Ltd Q2FY2018 Result Update - Robust earnings outlook; maintain Buy
  • Maruti Suzuki Q2 operating performance ahead of estimates

    27 Oct 2017 , 2:52PM Maruti Suzuki reported a strong operating performance for Q2FY2018 with the operating margins significantly higher than ours and street estimates. Lower other income and higher tax lead to PAT coming in line.
  • Maruti Suzuki to fortify leadership position in utility vehicle segment - positive

    24 Oct 2017 , 8:45AM Maruti Suzuki plans 3 new launches and product variants in next four years; Positive
  • Maruti Suzuki's Dzire clocks impressive monthly sales - positive

    23 Oct 2017 , 8:46AM Maruti Suzuki's new Dzire clocked an impressive monthly sales of 31,427 units and 23,830 units in September and August 2017, surpassing sales of Alto which has been the highest selling model for more than a decade.
  • Suzuki partners with Toyota and Mazda to develop electric vehicles

    10 Oct 2017 , 8:46AM Maruti Suzuki's Parent Suzuki partners with Toyota and Mazda to develop electric vehicles; positive read thru
  • Maruti Suzuki launches new refreshed Celerio

    6 Oct 2017 , 10:14AM Maruti Suzuki launched the new refreshed Celerio priced between Rs 4.15 Lakhs – 5.35 Lakhs (ex-showroom Delhi) - Positive
  • Maruti Suzuki plans electric car; in talks with Toyota

    4 Oct 2017 , 9:21AM Maruti Suzuki is entering the electric vehicle (EV) space, according to people close to the development; positive read thru.
  • Maruti Suzuki launches an updated version of S-Cross

    3 Oct 2017 , 12:18PM Maruti Suzuki launched an updated version of its crossover S-Cross with price starting at Rs 8.49 lakh (ex-showroom Delhi). The four variants of the vehicle are priced between Rs 8.49 lakh and Rs 11.29 lakh.
  • Maruti Suzuki September 2017 sales up 9.3%

    3 Oct 2017 , 10:57AM Maruti Suzuki September 2017 sales up 9.3% YoY driven by robust demand for new launches; Numbers in line with estimates. Read details below:
  • Maruti Suzuki launches Alto 800 Utsav edition

    3 Oct 2017 , 10:37AM With an ongoing festive season, Maruti launched Alto800 Utsav Edition at price of Rs 3.94 lakh, ex-showroom, Delhi; positive.
  • Maruti Suzuki to reduce waiting time for Baleno and Brezza

    3 Oct 2017 , 9:02AM Maruti Suzuki to commence second shift at Gujarat this month to reduce waiting period for Baleno and Brezza; positive
  • Maruti to introduce Celerio X cross hatchback

    28 Sep 2017 , 10:57AM Maruti Suzuki plans to launch crossover hatch (Celerio X) this festive season; positive
  • Maruti Suzuki cars' demand shift from diesel to petrol

    27 Sep 2017 , 11:29AM Post the implementation of GST, Ciaz and Ertiga models have seen shift in the demand from diesel hybrid models to petrol variants.
  • Maruti Suzuki commences bookings for S-Cross

    26 Sep 2017 , 10:50AM Maruti Suzuki: Has commenced bookings for the new version of S-Cross, which the company plans to launch later in this week.
  • Maruti Suzuki's Dzire becomes best-selling car in country

    25 Sep 2017 , 8:47AM Maruti Suzuki: Newly launched compact sedan Dzire became the best-selling model in the country taking the pole position from its sibling Alto.
  • Maruti Suzuki targets 20% volume from Nexa showrooms

    18 Sep 2017 , 9:03AM Maruti Suzuki targets 20% volume contribution from premium Nexa showrooms in FY18 from 15% currently – positive
  • Suzuki Motor Corp to set up 3rd production line in Gujarat

    15 Sep 2017 , 12:01PM Suzuki Motor Corp lines up aggressive expansion plans at Gujarat plant; to set up a 3rd production line and set up a new lithium ion battery unit – Positive read thru.
  • Maruti Suzuki to convert existing showrooms to Arena

    14 Sep 2017 , 10:00AM Maruti Suzuki to launch Arena brand of showrooms for mass market products to get better aligned with customer preference. Positive read thru.
  • Maruti Suzuki aims to sell 2Mn vehicles yearly by 2020

    6 Sep 2017 , 8:51AM Maruti Suzuki aims to grow in double digits over the next 3-5 years and achieve its target of selling 2 mn vehicles per annum by 2020 - Positive read thru.
  • Maruti Suzuki to launch a facelift of the S-Cross in September

    4 Sep 2017 , 9:53AM Maruti Suzuki is all set to launch the facelift of the Scross by the end of this month or at the beginning of the festive season and will start accepting the booking by the September end - Positive read thru.
  • Maruti Suzuki likely to launch petrol version of Vitara Brezza

    31 Aug 2017 , 3:36PM Maruti Suzuki is expected to launch petrol version of its compact SUV Vitara Brezza later this year. It will also launch refreshed version in 2018. The facelift will get a new grille, redesigned bumper at the front and back, and a new design for the tail-lamps as well. Sentimentally Positive for stock.
  • Maruti Suzuki likely to launch petrol version of Vitara Brezza

    31 Aug 2017 , 8:38AM Maruti Suzuki is expected to launch petrol version of its compact SUV Vitara Brezza later this year. It will also launch refreshed version in 2018. The facelift will get a new grille, redesigned bumper at the front and back, and a new design for the tail-lamps as well. Sentimentally Positive for stock.
  • Maruti Suzuki targets to sell 2 lakh vehicles in FY2018

    29 Aug 2017 , 9:33AM Maruti Suzuki is likely to benefit from implementation of Seventh pay commission recommendations.
  • Maruti Suzuki July sales beat estimates

    1 Aug 2017 , 11:18AM Maruti Suzuki reports an impressive 20.6% growth in dispatches for July 2017
  • Actionable Idea: Maruti Suzuki

    21 Jun 2017 , 12:14PM Maruti Suzuki India has fastracked production at the new Gujarat plant in wake of strong demand for the recent launches

Key fundamentals

Evaluate the intrinsic value of Maruti Suzuki India Ltd stock 

Name March-25 March-24 March-23 March-22 March-21
Assets 94046.7 84015.1 61597.8 54467.9 51855.6
Liabilities 94046.7 84015.1 61597.8 54467.9 51855.6
Equity 157.2 157.2 151 151 151
Gross Profit 17785.2 16401.1 11007.7 5701.2 5345.3
Net Profit 13955.2 13209.4 8049.2 3766.3 4229.7
Cash From Operating Activities 14012.4 15167 9228 1791.2 8838.8
NPM(%) 9.18 9.37 6.84 4.26 6.01
Revenue 151900.1 140932.6 117522.9 88295.6 70332.5
Expenses 134114.9 124531.5 106515.2 82594.4 64987.2
ROE(%) 15.65 14.82 9.03 4.22 4.74

Shareholding Pattern

Corporate Action

XD-Date Dividend-Amount Dividend-% Dividend Yield(%GE) Price on that day
135 2700 1.09 11698
02 Aug 2024 125 2500 1.09 12703.35
03 Aug 2023 90 1800 1.09 8506.9
03 Aug 2022 60 1200 1.09 7717.8
05 Aug 2021 45 900 1.09 7596.25
13 Aug 2020 60 1200 1.09 5036.1
14 Aug 2019 80 1600 1.09 6905.25
14 Aug 2018 80 1600 1.09 8783.35
24 Aug 2017 75 1500 1.09 6374.05
31 Aug 2016 35 700 1.09 3871.55
26 Aug 2015 25 500 1.09 3648.4
27 Aug 2014 12 240 1.09 1956.2
13 Aug 2013 8 160 1.09 1673.15
14 Aug 2012 7.5 150 1.09 1397.45
24 Aug 2011 7.5 150 1.09 1326.45
24 Aug 2010 6 120 1.09 1333.7
18 Aug 2009 3.5 70 1.09 803
14 Aug 2008 5 100 1.09 747.05
22 Aug 2007 4.5 90 1.09 796
23 Aug 2006 3.5 70 1.09 787.85
25 Aug 2005 2 40 1.09 432.65
08 Jul 2004 1.5 30 1.09 400.6

Peers

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Ashok Leyland Ltd 236.07 -1.94 22.31 3636871.82 1057.98 2.65

Company Info

YEAR EVENTS 2000 - The Company was awarded the "Highest Exporter Award" in New Delhi. - ICRA has assigned `LAAA' rating to the Rs. 200-crore long-term non-convertible debenture programme and `A1 ' rating to the Rs.100-crore commercial paper programe of the company. - The Company has launched a new Web site for its recently introduced passenger car, the Wagon-R - www.marutiwagonr.com. - The Company has decided to introduce a new variant of the Zen specially designed for the handicapped by the end of the year. - The Company will issue bonds for Rs 200 crore at ICICI Securities and Finance Ltd. - The Company has proposed to set up a dealership on the Internet for the new models. - Maruti Udyog Ltd and Ashok Leyland Ltd (ALL) have been selected for the IRTE National Award, in recognition of their efforts towards promoting the cause of road safety, traffic managemen and environment protection. - Maruti Udyog Ltd. has taken the Zen account away from Lintas Lowe & Partners and granted it to Rediffusion DY&R. - The Company is launching Baleno's station wagon version - Baleno Altura on September 1. - Maruti Udyog is launching the Wagon R with electric power steering in two variants. - Maruti Udyog Ltd. has discontinued two of its models - Maruti 1000 and Gypsy 1000 - as part of efforts to "rationalise" product range. - Sumitomo of Japan is picking up a 47.5 per cent stake in a joint venture with Maruti Udyog Ltd for providing after sales care and service for Maurti vehicles. - Maruti Udyog Ltd. suspended vehicle production for two days on September 19 and 20 due to huge inventories of 12,000-odd units at the factory. The Company resumed the production on September 21. - Maruti Udyog Ltd. has introduced its long-awaited small car -- the Suzuki Alto in two versions, the 796cc Alto LX and the 1,061cc Alto VX 1.1. - Production at the manufacturing facilities of Maruti Udyog Ltd. came to a grinding halt on 13th of October when the employees of the company refused to sign a `Good Conduct Undertaking'. - Maruti Cars have overtaken hitherto popular Japanese brands to become the number one favourite among Sri Lankans. - The Company has launched a programme in alliance with GE Capital to provide information on the company's vehicles and services. - The Strike at the Gurgaon plant for over three months, relented and signed an agreemeent with the management. 2001 - Rights issue of equity in Maruti Udyog Ltd, which would lead to an eventual sell-off of the Government's equity in the passenger car joint venture. - Maruti Udyog is launching its first factory-fitted CNG vehicle in a bid to promote use of eco-friendly vehicles in the domestic market. - Maruti Udyog sold 37,490 units in March 2001, 28 per cent more than in February, when it sold 29,569 passenger cars. - Maruti Udyog Ltd. has awarded the Maruti Genuine Paints status to ICI Ltd's ICI Autocolor 2K. - MARUTI Udyog will invest Rs 550 crore in the current fiscal besides targeting an over 24 per cent rise in turnover at Rs 11,500 crore - Government secures the involvement of FIs in its attempt to disinvest in Maruti Udyog Ltd. - India's largest carmaker Maruti Udyog on on August 23rd launched a variant of its premium small car model 'Alto'. The new model 'Alto vxi' would be equipped with Maruti's true response electronic power steering which is safe and provides better steering control at high speed, a company official said. - Maruti Udyog Ltd on September 24 notified its proposed voluntary retirement scheme (VRS) expected to trim its 5,700 strong workforce by around 20 per cent. Close to 1,000 employees shopfloor workmen and office staff can avail the month-long VRS aimed at boosting profitability. -Maruti Udyog Ltd's first voluntary retirement scheme (VRS), which closed on October23, has found about 1,000 takers. 2002 -The government on May 14, 2002 set into motion big-ticket disinvestment in 2002-03 by announcing a two-stage process to exit from Maruti Udyog Ltd, a joint venture with Suzuki Motor Company. -Announcing the decision, Disinvestment Minister Arun Shourie said a Rs 400 crore rights issue to be completely picked up by Suzuki at Rs 3,280 per share will be accompanied by the Japanese auto major paying a control premium of Rs 1,000 crore for gaining a majority stake. -Launches Maruti Finance to offer value-added services such as extended warranty, additional service, finance for car insurance and genuine Maruti accessories -Steps into auto accessories business -Hikes prices of its cars with effect from 28th Jan 2002 -Launches Versa, the multi purpose vehicle, in deluxe version -Maruti Udyog in a tie up with Gas Authority of India enters into business of corporate lease and finance management under the brand name of N2N -Ventures into pre owned cars business branded True value -Introduces upgraded versions of Wagon-R -Special edition of Maruti 800 car launched under the name Maruti 800 Special -Stops production in one of its manufacturing plants and shifts most of its production to the other two for the next financial year -Govt and Suzuki finalise pricing over Maruti Rights Issue -Offers optional extended warranty cover for four years for all its vehicles purchased after April 1, 2002 -ICRA gives highest safety ratings to Maruti issue -Extends its Maruti Finance service to customers in Maharashtra and Goa -Bags 16,000 Alto export order from Europe -Unveils Alto variant (Alto LXi) with electronic power steering -Suzuki renominates Jagdish Khattar as MD -Steps into lease and fleet management by signing up with leading corporates such as DuPont, Gas Authority of India (Gail), Reckitt & Benckiser and Sona Koyo which will help client companies in acquiring and maintaining their fleet -Suzuki takes over control in Maruti Udyog by hiking its stake in the company from 50% to 54.2%, Maruti Udyog becomes the subsidiary of Suzuki -Suzuki restructures the company's Board of Directors, appoints Shinzo Nakanishi as the new chairman and non-retiring part-time director. Jagadish Khattar continues to be MD -Suzuki Motor Corporation (SMC) subscribes the rights issue of Maruti Udyog for Rs 399 crore -Suzuki takes control of Maruti Udyog -MUL, Daewoo, HM tie-up with Rohan Auto for LPG Kits -Unveils WagonR Pride, special limited edition version of its premium small car WagonR -Unveils Esteem Diesel version -Maruti's market share hits an all-time low of 42 per cent in July -Maruti ranked as the leading player in dealer service 2003 -Unveils ' Change Your Life' campaign to attract customers -Increases prices owing to higher input costs -Ties up with Reliance Industries Ltd (RIL) and its group companies for its business of lease and fleet management -Smart memory card rolled out by its service centre, Sharath Motors, can store information on the car's history, insurance, maintenance and all documents. The `Zoom' card comes with a personal accident cover for Rs 1 lakh -Enters into an agreement with State Bank of India (SBI) under which, each of the 12,000 branches of India's largest commercial bank is expected to sell one car per month -Launches its new AC version E2 M800 car -Kicks off the scheme of rewarding existing Maruti vehicle owners with a `loyalty bonus' ranging from Rs 8,000 to Rs 25,000 on exchange of their cars for a new Zen, WagonR, Alto, Esteem or Baleno -Launches a new limited edition version of its small car, Alto. Named `Alto Celebration' -Launches its new Sports Utility Vehicle (SUV) 'Grand Vitara XL-7', the 2700 cc vehicle, priced at Rs 15.96 lakh for the standard version and Rs 16.77 lakh for the limited edition variant -Forges a tie-up with State Bank of India (SBI) for offering co-branded financing option for buyers of Maruti vehicles (SBI-Maruti Finance) -Rolls out its four millionth vehicle -FIPB bans Overseas Corporate Bodies (OCB) from Maruti IPO -Central government picks up 0.23 per cent equity owned by the employees' trust in Maruti Udyog Ltd. (MUL) -Suzuki grants 10% discount on components to MUL -Alto overtakes Zen, WagonR in growth during 2002-03 -Suzuki gives govt undertaking to hold min 26-pc in MUL post IPO -MUL and Sumitomo Corp. of Japan increase their equity stakes to 49 per cent each in JJ Impex, a joint venture between the two, from around 47 per cent each -Increases its car market share from 50% to about 55% in last fiscal -Fixes Rs 115 as floor price for IPO -Resumes full-scale production at Gurgaon plant -Comes out with public issue, oversubscribed 7.82 times -Achieves 30-pc market share of Jammu's used-car market -Govt fixes Maruti IPO at Rs 125 per share -Kumar Mangalam Birla inducted on Maruti board as Independent Director -Gets listed at 25.6% premium at Rs 157, on the BSE -Increases the cost of its family cars by around Rs 350-1,926 -Ties up with State Bank of Mysore (SBM) to offer car finance -Appoints Mr. Manvinder Singh Banga, Chairman, Hindustan Lever Ltd., as the fourth independent director on the Board of the Company -State Bank of Travancore (SBT) and Maruti Udyog Ltd (MUL) enter in to an agreement to provide low interest loan to the persons who intend to by range of Maruti cars -Union Bank of India forges alliance with Maruti Udyog Ltd. for providing loans to Maruti's customers at competitive rates -Clocks 3 lakh units of exports -Company included in Morgan Stanley Capital International (MSCI) India Index -Slashes Alto model price by Rs 23,167 (ex showroom, Delhi) -Forays into an alliance with State Bank of Saurashtra (SBS) to provide car finance -Maruti Udyog Board approves VRS -Maruti TrueValue, the company's used car outlets, started dealing with pre-owned cars of all manufacturers -The company opened Aluminium foundry at Manesar, Harayana -Unveils revamped Zen car -Launches new version of Grand Vitara -Maruti slashes workforce by 27% via VRS 2004 -Rises volume car prices by Rs 2000 -MUL unveils new after-sales facility in Chennai -Unveils Versa Variant At Rs 3.27 Lakh -Introduces a new cut-price version of its Alto compact car on April 8th priced at Rs 2,30,000 to help buyers upgrade from the cheaper Maruti 800. - Maruti Udyog reduces the down payment figure to Rs 21,000, for purchasing India's cheapest car Maruti 800 and extends the loan repayment period from seven to eight years which will bring down the equated monthly installment (EMI) to Rs 2,499 from Rs 2,599 -Ties up with MRF to boost motorsports in India -Maruti unveils 'Bike to Car' scheme in Ahmedabad -ARBL ties up with MUL for battery supply -Maruti join hands with Indiatimes to buy and sell used cars -Maruti Udyog Ltd's (MUL) ties with State Bank of India for car financing. 2005 - Announces a price hike of Rs 2,000-3,000 across models all models except Maruti-800 on January 5, 2005. - Maruti Udyog Ltd rolls out a new-look Maruti 800 with spruced up interiors and upgrades that enable it to meet superior emission norms. -MUL sets up second driving school at Kollam -MUL to sell cars form JV with Suzuki -Maruti Udyog launches Swift in Delhi on May 25, 2005. -Maruti Udyog introduces new Alto -Maruti tops in IQS 2005 awards -Maruti unveils scheme for Kerala Govt employees 2006 -Indian car market leader Maruti Udyog on Feb 28, announced a price cut ranging between Rs 13,000-22,000 across five models, including M800 and Alto, following the cut in excise duty on small cars -MUL unveils new WagonR in Punjab. -Maruti Udyog Ltd has announced that the Company will unveil its stylish new Zen Estilo at a gala fashion show on New Delhi, tonight. 2007 -Maruti Udyog Limited has informed that Mr. Tsuneo Kobayashi, a non-executive director, has been appointed as Whole-time Director designated as Senior Joint Managing Director. The Board of Directors in their meeting held on 22nd January, 2007 has approved the above. -UTI Bank and Maruti have joined hands for giving car finance. -Maruti Udyog Ltd on May 07, 2007 the Company has launched SX4 sedan, a bold, muscular and feature-packed car, powered by the global M-series engine and built on a brand new platform. -Maruti Udyog Ltd has informed that Mr. Shinichi Takeuchi, Joint Managing Director was serving the Company's Board in the capacity of nominee director of Suzuki Motor Corporation (SMC), Japan. - Company name has been changed from Maruti Udyog Ltd to Maruti Suzuki India Ltd. 2008 - Maruti Suzuki India Ltd has inducted Mr. Kenichi Ayukawa as Additional Director of the Company with effect from July 21, 2008. - Maruti Suzuki Inks agreement with Mundra Port for a mega car - Maruti's exports to Algeria crosses 50,000 units -Registered Office of the Company has been shifted From 11th Floor, Jeevan Prakash Building, Kasturba Gandhi Marg, New Delhi - 110001 To Plot No. 1, Nelson Mandela Marg, Vasant Kunj, New Delhi- 110070. 2009 - Maruti Suzuki launches Ritz - Maruti set to launch new MUV - Maruti Suzuki launches Estilo with K-series engine and bold - Maruti begins work on its 'made-in-India' car - Maruti Suzuki launches new SX4 with VVT engine and automatic 2010 - Maruti Suzuki has rolled out a its flagship CNG engine technology called 'intelligent-Gas Port Injection' or i-GPI on five popular models. - Maruti Suzuki launched MPV Eeco at Rs 2.59 lakh - Maruti Suzuki India (MSIL) created a record of sorts by reaching the landmark of producing 10-lakh cars in a year. - Maruti Suzuki - Maruti Suzuki launched all-new WagonR - the blue eyed boy - Volkswagen agreed to jointly develop products with Maruti - Maruti sold over 1 lakh cars in May - Maruti Suzuki - Maruti Suzuki launched Alto-K10 2011 - Maruti launched new luxury model 'Kizashi' - Maruti Suzuki India, which is the subsidiary of Suzuki Motor Corporation of Japan, has been able make it to the top in the passenger car market since its foundation in the year 1983 - Maruti Suzuki launched diesel variant of SX4 - Maruti Swift relaunched at a starting price of Rs 4.22 lakh - Maruti Suzuki unveils the next generation all New Swift 2012 - Italy's Fiat and the Japanese Suzuki Motor Corp have inked a deal that would allow Maruti Suzuki India to get one lakh diesel engines. - India's largest car maker Maruti Suzuki India (MSI) launched a new variant of its compact car A-Star priced between Rs 3.67 lakh and Rs 4.47 lakh, costlier by Rs 1,000 from the current price. - Maruti Suzuki launched its new and smaller version of its entry level sedan Swift DZire sedan starting at a price of Rs 4.70 and Rs 7.09 lakh (ex-showroom Delhi) - Chief Minister, Shri Bhupinder Singh Hooda inaugurates Institute of Driving and Traffic Research at Rohtak". - Maruti Suzuki signs land deal with Gujarat Govt; to invest Rs 4,000 cr in 1st phase - Maruti Suzuki invests in new age technologies, adopts tougher environment targets for 2012-2013 - Maruti launched new Ritz at Rs 5.31 lakh - Maruti Suzuki acquires 600 acres of land to set up second facility in Gujarat 2013 - Maruti Suzuki purchases land for 4th plant in Gujarat - Maruti Suzuki releases new Wagon R model -Maruti Suzuki introduces all new SX4 with improved fuel efficiency Price remains unchanged -Maruti Suzuki's Swift Dzire and Ertiga bag India Design Mark: Good Design Award 2013 -Maruti Suzuki introduces "Ertiga Green" CNG model 2014 -Maruti Suzuki unveils premium prowess with Concept CIAZ and Global SX4 S-CROSS -Maruti Suzuki announces global debut of `Celerio' with revolutionary Auto Gear Shift -Indian Railways and Maruti Suzuki flag-off India's First Flexi Deck Auto-Wagon rake -Maruti Suzuki introduces `Celerio Green' with the acclaimed iGPI technology @ Rs 4.68 L -Maruti Suzuki commissions 1MW photovoltaic Solar Power Plant @ Manesar -Maruti Suzuki launches Ertiga Limited Edition to mark sales of 150,000 units -Maruti Suzuki launches special customer connect across its 3500 workshops through "Monsoon Fit Check" to help its customers enhance driving safety. 2015 -Maruti Suzuki Green Award for Fuel Efficiency Company bags four titles ast at NDTV Car & Bike Awards 2015 -Foundation stone ceremony of vehicle manufacturing plant in Gujarat -Maruti Suzuki launches NEXA: A New Premium Automotive Experience -Maruti Suzuki launches its first premium cross-over, S-CROSS -Maruti Suzuki introduces dual airbags and ABS on base models of Ciaz -Maruti Suzuki India - Global launch of Premium Hatchback Baleno 2016 -Maruti Suzuki launches auto gear shift equipped DZire Diesel. -Maruti introduces Alto range with driver side airbag. -Maruti Suzuki Alto touches historic 30 lakh sales milestone. -Suzuki launches India-made Baleno in Japan. -Maruti Suzuki India - Important milestones for Maruti Suzuki's driving training initiatives. -Maruti crosses 15 lakh units milestone in cumulative exports. -Maruti Suzuki Vitara Brezza bags ICOTY 2017 award. 2017 -Maruti Suzuki India.launches Ertiga Limited Editio. -Maruti Suzuki inaugurates 4th Water ATM in Manesar, extends reach to 7000 households". -Maruti Suzuki expands best-selling WagonR family with a VXi variant". -Maruti Suzuki unveils IGNIS - India's First Premium Urban Compact vehicle for the Millennials". -Maruti Suzuki India Ltd.approved the scheme of amalgamation of Maruti Suzuki India Limited ('Amalgamated Company') and seven of its wholly owned subsidiary companies, i.e.,(i) Maruti Insurance Business Agency Limited; (ii) Maruti Insurance Distribution Services Limited; (iii) Maruti Insurance Agency Network Limited; (iv) Maruti Insurance Agency Solutions Limited; (v) Maruti Insurance Agency Services Limited; (vi) Maruti Insurance Agency Logistics Limited and (vii) Maruti Insurance Broker Limited ('Amalgamating Companies'). -Maruti Suzuki NEXA marks another milestone: 200th showroom inaugurated". -Maruti Suzuki India popular car WagonR scales unique feat of cumulative two-million sales". -Maruti Suzuki Alto wrests back best-selling model tag. -Maruti Suzuki inaugurates 200th NEXA showroom in Hyderabad. 2018 -Maruti launches all-new version of Swift. -Maruti Suzuki crosses 20 mn production milestone. -Maruti Suzuki India Limited inaugurated a Centre of Excellence (CoE) at Government Polytechnic, Manesar in Haryana. 2019 -All new Maruti Baleno launched. -Maruti launches two CNG variants of WagonR S-CNG. -Maruti Suzuki launches new XL6 multipurpose vehicle. -Maruti Suzuki launches new variant of Alto. 2020 -Maruti launches BS VI compliant CNG version of Alto. -Maruti Suzuki ties up with HDB Financial Services for providing car loan. -Maruti ties up with IIMB startup hub for mobility solutions. -Maruti Suzuki launches fifth round of MAIL initiative. 2021 -Maruti Suzuki India launches India's most fuel-efficient car 'All-New Celerio'. 2022 -Maruti Suzuki achieves record exports in CY 2022; dispatches over 2.6 lakh vehicles globally. -Maruti Suzuki and IIM Calcutta Innovation Park (IIMCIP) to jointly `Nurture' early-stage startups. -Maruti Suzuki India Limited transported over 3.2 lakh vehicles using Indian railways this is the highest-ever dispatch using rail mode by the Company in a calendar year. 2023 -Maruti Suzuki India signs MoU with IDBI to provide dealer financing solutions. -Maruti Suzuki commenced exports of its premium SUV Grand Vitara to Latin America from the Kamarajar port recently. -Maruti Suzuki had reportedly signed an agreement with Kamarajar Port Limited for the export of passenger vehicles to global markets. -Maruti Suzuki showcases Concept Electric SUV eVX at Auto Expo 2023. 2024 -Maruti Suzuki India Limited has informed the Exchange about Maruti Suzuki achieves a historic production milestone of 2 million units in a calendar year. -Maruti Suzuki India Limited (MSIL), has launched the highly anticipated Epic New Swift, setting new benchmarks in the hatchback segment. -Maruti Suzuki India Limited has reached a cumulative production milestone of 3 million units for its Dzire. -Maruti Suzuki teases its first eBorn Electric SUV; Signals robust EV ecosystem for seamless ownership experience. -Maruti Suzuki signs Memorandum of Agreement with the Transport Department, Government of Bihar to automate 5 driving test tracks under its CSR initiative.

YEAR EVENTS 2000 - The Company was awarded the "Highest Exporter Award" in New Delhi. - ICRA has assigned `LAAA' rating to the Rs. 200-crore long-term non-convertible debenture programme and `A1 ' rating to the Rs.100-crore commercial paper programe of the company. - The Company has launched a new Web site for its recently introduced passenger car, the Wagon-R - www.marutiwagonr.com. - The Company has decided to introduce a new variant of the Zen specially designed for the handicapped by the end of the year. - The Company will issue bonds for Rs 200 crore at ICICI Securities and Finance Ltd. - The Company has proposed to set up a dealership on the Internet for the new models. - Maruti Udyog Ltd and Ashok Leyland Ltd (ALL) have been selected for the IRTE National Award, in recognition of their efforts towards promoting the cause of road safety, traffic managemen and environment protection. - Maruti Udyog Ltd. has taken the Zen account away from Lintas Lowe & Partners and granted it to Rediffusion DY&R. - The Company is launching Baleno's station wagon version - Baleno Altura on September 1. - Maruti Udyog is launching the Wagon R with electric power steering in two variants. - Maruti Udyog Ltd. has discontinued two of its models - Maruti 1000 and Gypsy 1000 - as part of efforts to "rationalise" product range. - Sumitomo of Japan is picking up a 47.5 per cent stake in a joint venture with Maruti Udyog Ltd for providing after sales care and service for Maurti vehicles. - Maruti Udyog Ltd. suspended vehicle production for two days on September 19 and 20 due to huge inventories of 12,000-odd units at the factory. The Company resumed the production on September 21. - Maruti Udyog Ltd. has introduced its long-awaited small car -- the Suzuki Alto in two versions, the 796cc Alto LX and the 1,061cc Alto VX 1.1. - Production at the manufacturing facilities of Maruti Udyog Ltd. came to a grinding halt on 13th of October when the employees of the company refused to sign a `Good Conduct Undertaking'. - Maruti Cars have overtaken hitherto popular Japanese brands to become the number one favourite among Sri Lankans. - The Company has launched a programme in alliance with GE Capital to provide information on the company's vehicles and services. - The Strike at the Gurgaon plant for over three months, relented and signed an agreemeent with the management. 2001 - Rights issue of equity in Maruti Udyog Ltd, which would lead to an eventual sell-off of the Government's equity in the passenger car joint venture. - Maruti Udyog is launching its first factory-fitted CNG vehicle in a bid to promote use of eco-friendly vehicles in the domestic market. - Maruti Udyog sold 37,490 units in March 2001, 28 per cent more than in February, when it sold 29,569 passenger cars. - Maruti Udyog Ltd. has awarded the Maruti Genuine Paints status to ICI Ltd's ICI Autocolor 2K. - MARUTI Udyog will invest Rs 550 crore in the current fiscal besides targeting an over 24 per cent rise in turnover at Rs 11,500 crore - Government secures the involvement of FIs in its attempt to disinvest in Maruti Udyog Ltd. - India's largest carmaker Maruti Udyog on on August 23rd launched a variant of its premium small car model 'Alto'. The new model 'Alto vxi' would be equipped with Maruti's true response electronic power steering which is safe and provides better steering control at high speed, a company official said. - Maruti Udyog Ltd on September 24 notified its proposed voluntary retirement scheme (VRS) expected to trim its 5,700 strong workforce by around 20 per cent. Close to 1,000 employees shopfloor workmen and office staff can avail the month-long VRS aimed at boosting profitability. -Maruti Udyog Ltd's first voluntary retirement scheme (VRS), which closed on October23, has found about 1,000 takers. 2002 -The government on May 14, 2002 set into motion big-ticket disinvestment in 2002-03 by announcing a two-stage process to exit from Maruti Udyog Ltd, a joint venture with Suzuki Motor Company. -Announcing the decision, Disinvestment Minister Arun Shourie said a Rs 400 crore rights issue to be completely picked up by Suzuki at Rs 3,280 per share will be accompanied by the Japanese auto major paying a control premium of Rs 1,000 crore for gaining a majority stake. -Launches Maruti Finance to offer value-added services such as extended warranty, additional service, finance for car insurance and genuine Maruti accessories -Steps into auto accessories business -Hikes prices of its cars with effect from 28th Jan 2002 -Launches Versa, the multi purpose vehicle, in deluxe version -Maruti Udyog in a tie up with Gas Authority of India enters into business of corporate lease and finance management under the brand name of N2N -Ventures into pre owned cars business branded True value -Introduces upgraded versions of Wagon-R -Special edition of Maruti 800 car launched under the name Maruti 800 Special -Stops production in one of its manufacturing plants and shifts most of its production to the other two for the next financial year -Govt and Suzuki finalise pricing over Maruti Rights Issue -Offers optional extended warranty cover for four years for all its vehicles purchased after April 1, 2002 -ICRA gives highest safety ratings to Maruti issue -Extends its Maruti Finance service to customers in Maharashtra and Goa -Bags 16,000 Alto export order from Europe -Unveils Alto variant (Alto LXi) with electronic power steering -Suzuki renominates Jagdish Khattar as MD -Steps into lease and fleet management by signing up with leading corporates such as DuPont, Gas Authority of India (Gail), Reckitt & Benckiser and Sona Koyo which will help client companies in acquiring and maintaining their fleet -Suzuki takes over control in Maruti Udyog by hiking its stake in the company from 50% to 54.2%, Maruti Udyog becomes the subsidiary of Suzuki -Suzuki restructures the company's Board of Directors, appoints Shinzo Nakanishi as the new chairman and non-retiring part-time director. Jagadish Khattar continues to be MD -Suzuki Motor Corporation (SMC) subscribes the rights issue of Maruti Udyog for Rs 399 crore -Suzuki takes control of Maruti Udyog -MUL, Daewoo, HM tie-up with Rohan Auto for LPG Kits -Unveils WagonR Pride, special limited edition version of its premium small car WagonR -Unveils Esteem Diesel version -Maruti's market share hits an all-time low of 42 per cent in July -Maruti ranked as the leading player in dealer service 2003 -Unveils ' Change Your Life' campaign to attract customers -Increases prices owing to higher input costs -Ties up with Reliance Industries Ltd (RIL) and its group companies for its business of lease and fleet management -Smart memory card rolled out by its service centre, Sharath Motors, can store information on the car's history, insurance, maintenance and all documents. The `Zoom' card comes with a personal accident cover for Rs 1 lakh -Enters into an agreement with State Bank of India (SBI) under which, each of the 12,000 branches of India's largest commercial bank is expected to sell one car per month -Launches its new AC version E2 M800 car -Kicks off the scheme of rewarding existing Maruti vehicle owners with a `loyalty bonus' ranging from Rs 8,000 to Rs 25,000 on exchange of their cars for a new Zen, WagonR, Alto, Esteem or Baleno -Launches a new limited edition version of its small car, Alto. Named `Alto Celebration' -Launches its new Sports Utility Vehicle (SUV) 'Grand Vitara XL-7', the 2700 cc vehicle, priced at Rs 15.96 lakh for the standard version and Rs 16.77 lakh for the limited edition variant -Forges a tie-up with State Bank of India (SBI) for offering co-branded financing option for buyers of Maruti vehicles (SBI-Maruti Finance) -Rolls out its four millionth vehicle -FIPB bans Overseas Corporate Bodies (OCB) from Maruti IPO -Central government picks up 0.23 per cent equity owned by the employees' trust in Maruti Udyog Ltd. (MUL) -Suzuki grants 10% discount on components to MUL -Alto overtakes Zen, WagonR in growth during 2002-03 -Suzuki gives govt undertaking to hold min 26-pc in MUL post IPO -MUL and Sumitomo Corp. of Japan increase their equity stakes to 49 per cent each in JJ Impex, a joint venture between the two, from around 47 per cent each -Increases its car market share from 50% to about 55% in last fiscal -Fixes Rs 115 as floor price for IPO -Resumes full-scale production at Gurgaon plant -Comes out with public issue, oversubscribed 7.82 times -Achieves 30-pc market share of Jammu's used-car market -Govt fixes Maruti IPO at Rs 125 per share -Kumar Mangalam Birla inducted on Maruti board as Independent Director -Gets listed at 25.6% premium at Rs 157, on the BSE -Increases the cost of its family cars by around Rs 350-1,926 -Ties up with State Bank of Mysore (SBM) to offer car finance -Appoints Mr. Manvinder Singh Banga, Chairman, Hindustan Lever Ltd., as the fourth independent director on the Board of the Company -State Bank of Travancore (SBT) and Maruti Udyog Ltd (MUL) enter in to an agreement to provide low interest loan to the persons who intend to by range of Maruti cars -Union Bank of India forges alliance with Maruti Udyog Ltd. for providing loans to Maruti's customers at competitive rates -Clocks 3 lakh units of exports -Company included in Morgan Stanley Capital International (MSCI) India Index -Slashes Alto model price by Rs 23,167 (ex showroom, Delhi) -Forays into an alliance with State Bank of Saurashtra (SBS) to provide car finance -Maruti Udyog Board approves VRS -Maruti TrueValue, the company's used car outlets, started dealing with pre-owned cars of all manufacturers -The company opened Aluminium foundry at Manesar, Harayana -Unveils revamped Zen car -Launches new version of Grand Vitara -Maruti slashes workforce by 27% via VRS 2004 -Rises volume car prices by Rs 2000 -MUL unveils new after-sales facility in Chennai -Unveils Versa Variant At Rs 3.27 Lakh -Introduces a new cut-price version of its Alto compact car on April 8th priced at Rs 2,30,000 to help buyers upgrade from the cheaper Maruti 800. - Maruti Udyog reduces the down payment figure to Rs 21,000, for purchasing India's cheapest car Maruti 800 and extends the loan repayment period from seven to eight years which will bring down the equated monthly installment (EMI) to Rs 2,499 from Rs 2,599 -Ties up with MRF to boost motorsports in India -Maruti unveils 'Bike to Car' scheme in Ahmedabad -ARBL ties up with MUL for battery supply -Maruti join hands with Indiatimes to buy and sell used cars -Maruti Udyog Ltd's (MUL) ties with State Bank of India for car financing. 2005 - Announces a price hike of Rs 2,000-3,000 across models all models except Maruti-800 on January 5, 2005. - Maruti Udyog Ltd rolls out a new-look Maruti 800 with spruced up interiors and upgrades that enable it to meet superior emission norms. -MUL sets up second driving school at Kollam -MUL to sell cars form JV with Suzuki -Maruti Udyog launches Swift in Delhi on May 25, 2005. -Maruti Udyog introduces new Alto -Maruti tops in IQS 2005 awards -Maruti unveils scheme for Kerala Govt employees 2006 -Indian car market leader Maruti Udyog on Feb 28, announced a price cut ranging between Rs 13,000-22,000 across five models, including M800 and Alto, following the cut in excise duty on small cars -MUL unveils new WagonR in Punjab. -Maruti Udyog Ltd has announced that the Company will unveil its stylish new Zen Estilo at a gala fashion show on New Delhi, tonight. 2007 -Maruti Udyog Limited has informed that Mr. Tsuneo Kobayashi, a non-executive director, has been appointed as Whole-time Director designated as Senior Joint Managing Director. The Board of Directors in their meeting held on 22nd January, 2007 has approved the above. -UTI Bank and Maruti have joined hands for giving car finance. -Maruti Udyog Ltd on May 07, 2007 the Company has launched SX4 sedan, a bold, muscular and feature-packed car, powered by the global M-series engine and built on a brand new platform. -Maruti Udyog Ltd has informed that Mr. Shinichi Takeuchi, Joint Managing Director was serving the Company's Board in the capacity of nominee director of Suzuki Motor Corporation (SMC), Japan. - Company name has been changed from Maruti Udyog Ltd to Maruti Suzuki India Ltd. 2008 - Maruti Suzuki India Ltd has inducted Mr. Kenichi Ayukawa as Additional Director of the Company with effect from July 21, 2008. - Maruti Suzuki Inks agreement with Mundra Port for a mega car - Maruti's exports to Algeria crosses 50,000 units -Registered Office of the Company has been shifted From 11th Floor, Jeevan Prakash Building, Kasturba Gandhi Marg, New Delhi - 110001 To Plot No. 1, Nelson Mandela Marg, Vasant Kunj, New Delhi- 110070. 2009 - Maruti Suzuki launches Ritz - Maruti set to launch new MUV - Maruti Suzuki launches Estilo with K-series engine and bold - Maruti begins work on its 'made-in-India' car - Maruti Suzuki launches new SX4 with VVT engine and automatic 2010 - Maruti Suzuki has rolled out a its flagship CNG engine technology called 'intelligent-Gas Port Injection' or i-GPI on five popular models. - Maruti Suzuki launched MPV Eeco at Rs 2.59 lakh - Maruti Suzuki India (MSIL) created a record of sorts by reaching the landmark of producing 10-lakh cars in a year. - Maruti Suzuki - Maruti Suzuki launched all-new WagonR - the blue eyed boy - Volkswagen agreed to jointly develop products with Maruti - Maruti sold over 1 lakh cars in May - Maruti Suzuki - Maruti Suzuki launched Alto-K10 2011 - Maruti launched new luxury model 'Kizashi' - Maruti Suzuki India, which is the subsidiary of Suzuki Motor Corporation of Japan, has been able make it to the top in the passenger car market since its foundation in the year 1983 - Maruti Suzuki launched diesel variant of SX4 - Maruti Swift relaunched at a starting price of Rs 4.22 lakh - Maruti Suzuki unveils the next generation all New Swift 2012 - Italy's Fiat and the Japanese Suzuki Motor Corp have inked a deal that would allow Maruti Suzuki India to get one lakh diesel engines. - India's largest car maker Maruti Suzuki India (MSI) launched a new variant of its compact car A-Star priced between Rs 3.67 lakh and Rs 4.47 lakh, costlier by Rs 1,000 from the current price. - Maruti Suzuki launched its new and smaller version of its entry level sedan Swift DZire sedan starting at a price of Rs 4.70 and Rs 7.09 lakh (ex-showroom Delhi) - Chief Minister, Shri Bhupinder Singh Hooda inaugurates Institute of Driving and Traffic Research at Rohtak". - Maruti Suzuki signs land deal with Gujarat Govt; to invest Rs 4,000 cr in 1st phase - Maruti Suzuki invests in new age technologies, adopts tougher environment targets for 2012-2013 - Maruti launched new Ritz at Rs 5.31 lakh - Maruti Suzuki acquires 600 acres of land to set up second facility in Gujarat 2013 - Maruti Suzuki purchases land for 4th plant in Gujarat - Maruti Suzuki releases new Wagon R model -Maruti Suzuki introduces all new SX4 with improved fuel efficiency Price remains unchanged -Maruti Suzuki's Swift Dzire and Ertiga bag India Design Mark: Good Design Award 2013 -Maruti Suzuki introduces "Ertiga Green" CNG model 2014 -Maruti Suzuki unveils premium prowess with Concept CIAZ and Global SX4 S-CROSS -Maruti Suzuki announces global debut of `Celerio' with revolutionary Auto Gear Shift -Indian Railways and Maruti Suzuki flag-off India's First Flexi Deck Auto-Wagon rake -Maruti Suzuki introduces `Celerio Green' with the acclaimed iGPI technology @ Rs 4.68 L -Maruti Suzuki commissions 1MW photovoltaic Solar Power Plant @ Manesar -Maruti Suzuki launches Ertiga Limited Edition to mark sales of 150,000 units -Maruti Suzuki launches special customer connect across its 3500 workshops through "Monsoon Fit Check" to help its customers enhance driving safety. 2015 -Maruti Suzuki Green Award for Fuel Efficiency Company bags four titles ast at NDTV Car & Bike Awards 2015 -Foundation stone ceremony of vehicle manufacturing plant in Gujarat -Maruti Suzuki launches NEXA: A New Premium Automotive Experience -Maruti Suzuki launches its first premium cross-over, S-CROSS -Maruti Suzuki introduces dual airbags and ABS on base models of Ciaz -Maruti Suzuki India - Global launch of Premium Hatchback Baleno 2016 -Maruti Suzuki launches auto gear shift equipped DZire Diesel. -Maruti introduces Alto range with driver side airbag. -Maruti Suzuki Alto touches historic 30 lakh sales milestone. -Suzuki launches India-made Baleno in Japan. -Maruti Suzuki India - Important milestones for Maruti Suzuki's driving training initiatives. -Maruti crosses 15 lakh units milestone in cumulative exports. -Maruti Suzuki Vitara Brezza bags ICOTY 2017 award. 2017 -Maruti Suzuki India.launches Ertiga Limited Editio. -Maruti Suzuki inaugurates 4th Water ATM in Manesar, extends reach to 7000 households". -Maruti Suzuki expands best-selling WagonR family with a VXi variant". -Maruti Suzuki unveils IGNIS - India's First Premium Urban Compact vehicle for the Millennials". -Maruti Suzuki India Ltd.approved the scheme of amalgamation of Maruti Suzuki India Limited ('Amalgamated Company') and seven of its wholly owned subsidiary companies, i.e.,(i) Maruti Insurance Business Agency Limited; (ii) Maruti Insurance Distribution Services Limited; (iii) Maruti Insurance Agency Network Limited; (iv) Maruti Insurance Agency Solutions Limited; (v) Maruti Insurance Agency Services Limited; (vi) Maruti Insurance Agency Logistics Limited and (vii) Maruti Insurance Broker Limited ('Amalgamating Companies'). -Maruti Suzuki NEXA marks another milestone: 200th showroom inaugurated". -Maruti Suzuki India popular car WagonR scales unique feat of cumulative two-million sales". -Maruti Suzuki Alto wrests back best-selling model tag. -Maruti Suzuki inaugurates 200th NEXA showroom in Hyderabad. 2018 -Maruti launches all-new version of Swift. -Maruti Suzuki crosses 20 mn production milestone. -Maruti Suzuki India Limited inaugurated a Centre of Excellence (CoE) at Government Polytechnic, Manesar in Haryana. 2019 -All new Maruti Baleno launched. -Maruti launches two CNG variants of WagonR S-CNG. -Maruti Suzuki launches new XL6 multipurpose vehicle. -Maruti Suzuki launches new variant of Alto. 2020 -Maruti launches BS VI compliant CNG version of Alto. -Maruti Suzuki ties up with HDB Financial Services for providing car loan. -Maruti ties up with IIMB startup hub for mobility solutions. -Maruti Suzuki launches fifth round of MAIL initiative. 2021 -Maruti Suzuki India launches India's most fuel-efficient car 'All-New Celerio'. 2022 -Maruti Suzuki achieves record exports in CY 2022; dispatches over 2.6 lakh vehicles globally. -Maruti Suzuki and IIM Calcutta Innovation Park (IIMCIP) to jointly `Nurture' early-stage startups. -Maruti Suzuki India Limited transported over 3.2 lakh vehicles using Indian railways this is the highest-ever dispatch using rail mode by the Company in a calendar year. 2023 -Maruti Suzuki India signs MoU with IDBI to provide dealer financing solutions. -Maruti Suzuki commenced exports of its premium SUV Grand Vitara to Latin America from the Kamarajar port recently. -Maruti Suzuki had reportedly signed an agreement with Kamarajar Port Limited for the export of passenger vehicles to global markets. -Maruti Suzuki showcases Concept Electric SUV eVX at Auto Expo 2023. 2024 -Maruti Suzuki India Limited has informed the Exchange about Maruti Suzuki achieves a historic production milestone of 2 million units in a calendar year. -Maruti Suzuki India Limited (MSIL), has launched the highly anticipated Epic New Swift, setting new benchmarks in the hatchback segment. -Maruti Suzuki India Limited has reached a cumulative production milestone of 3 million units for its Dzire. -Maruti Suzuki teases its first eBorn Electric SUV; Signals robust EV ecosystem for seamless ownership experience. -Maruti Suzuki signs Memorandum of Agreement with the Transport Department, Government of Bihar to automate 5 driving test tracks under its CSR initiative.

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Parent Organisation

Maruti Suzuki India Ltd.

Founded

24/02/1981

Managing Director

Mr.Hisashi Takeuchi

NSE Symbol

MARUTIEQ

FAQ

The current price of Maruti Suzuki India Ltd is ₹ 12431.00.

The 52-week high for Maruti Suzuki India Ltd is ₹ 12490.00 and the 52-week low is ₹ 12385.00.

The market capitalization of Maruti Suzuki India Ltd is currently ₹ 390833.84. This value can fluctuate based on stock price movements and changes in the number of shares outstanding.

To buy Maruti Suzuki India Ltd shares, you need to have a brokerage account. First, choose a reputable brokerage firm, open an account, and complete the necessary KYC procedures.

To invest in Maruti Suzuki India Ltd, you need a brokerage account. After opening an account and completing the KYC process, you can fund your account and use the trading platform to purchase Maruti Suzuki India Ltd shares.

The CEO of Maruti Suzuki India Ltd is Mr.Hisashi Takeuchi, who has been leading the company with a vision to expand its renewable energy portfolio and drive sustainable growth.

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