MARUTI.NS - Maruti Suzuki India Limited
| Previous close | 9,658.60 |
| Open | 9,675.50 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's range | 9,611.10 - 9,713.90 |
| 52-week range | 7,625.15 - 9,800.00 |
| Volume | |
| Avg. volume | 455,212 |
| Market cap | 2.917T |
| Beta (5Y monthly) | 0.60 |
| PE ratio (TTM) | 35.42 |
| EPS (TTM) | 271.81 |
| Earnings date | 26 Apr 2023 |
| Forward dividend & yield | 90.00 (0.93%) |
| Ex-dividend date | 03 Aug 2023 |
| 1y target est | 10,234.50 |
ReutersMaruti Suzuki India expects chip shortage to ease in Q2
Maruti Suzuki India Ltd expects some recovery in chip shortages in the second quarter, an executive at the country's top carmaker said on Monday. "Chip shortage will continue in Q1 but we are expecting some recovery in Q2, although visibility on semiconductor supply remains limited," Shashank Srivastava, senior executive, marketing and sales, said on a call. The auto industry has been battling with semiconductor shortages and higher raw material prices since the COVID-19 pandemic.
ReutersIndia's Maruti to boost capacity to keep up with demand
BENGALURU (Reuters) -Maruti Suzuki India Ltd said on Wednesday it plans to ramp up capacity to meet demand for passenger vehicles in the country and abroad, after strong sales in the segment helped the carmaker top quarterly estimates. Indians bought a record 4 million passenger vehicles in fiscal year 2022-23, led by demand for sports utility vehicles. Maruti's results are seen as a key indicator of private consumption in India.
ReutersMaruti Suzuki India to hike prices to pass on input cost pressures
Maruti Suzuki India Ltd said on Thursday it would raise prices across models come April, as high domestic inflation and new emission norms pressure the country's top car maker. The unit of Japan's Suzuki Motor did not say how much prices of cars would go up by, or which models will be impacted. Maruti joins rival Tata Motors and two-wheeler maker Hero Motocorp, who have also said they would raise prices by 5% and 2% respectively, as they grapple with increased costs to meet new emission norms.
ReutersIndia's top carmaker Maruti's profit doubles on strong demand
BENGALURU (Reuters) -Maruti Suzuki India Ltd beat quarterly profit estimates and reported improved margins on Tuesday as the country's biggest carmaker benefitted from strong demand for its passenger cars, helped by festive sales. Profit for Maruti, which has over 40% market share in the country's passenger vehicles segment, more than doubled to 23.51 billion rupees ($288.5 million) in the quarter ended Dec. 31, from 10.11 billion rupees a year ago. Maruti's results are seen as a key indicator of private consumption in the country, with the auto sector carrying more than 50% weightage in calculating the country's economic growth.
ReutersSuzuki Motor's India unit unveils concept electric SUV, sees 2025 launch
GREATER NOIDA, India (Reuters) -Suzuki Motor Corp's Indian unit showcased a concept electric sport utility vehicle (SUV) at India's biennial car show on Wednesday, with the Japanese car maker's president saying the car would be launched in 2025. The mid-sized vehicle, known as the 'eVX', will be powered by a 60 kWh battery pack offering up to 550 kilometres of driving range, according to Maruti Suzuki India.
ReutersExclusive-Indian car makers propose tax cut on imports in trade deal with Britain
Indian car makers have proposed cutting to 30% the tax rate on imported cars as part of a trade deal with Britain, sources told Reuters, an unprecedented move that could ease access to one of the world's most protected automobile markets. It is the first time Indian car makers have backed such cuts, caving to pressure from a government that wants them to give up their protectionist position and lower entry barriers, sources with direct knowledge of the matter said. Lobby group the Society of Indian Automobile Manufacturers (SIAM) has written to the government backing phased cuts to 30% over five years, following a grace period of five years with none, three sources said, speaking on condition of anonymity.
ReutersMaruti, India's top carmaker, open to partnerships to secure supply chain
Maruti Suzuki is open to forming partnerships with auto part makers to secure its future supply chain and maintain its leadership position, the chairman of India's top-selling carmaker said in an interview. Partnering with suppliers in its early years contributed significantly to Maruti's success in India, where it has 43% share of the car market, and also helped establish a supply chain for combustion engine cars, R C Bhargava told Reuters. With growing demand for more technology in cars and a shift to 'greener' powertrains like electric and hybrid, automotive supply chains globally are changing and need large investments to keep pace.
ReutersMaruti Suzuki feels squeeze as costs hit India's top carmaker
Maruti Suzuki India Ltd, the country's top carmaker, said on Wednesday rising raw material costs had eaten into its margins despite more sales at higher prices, hurting quarterly profit which came in below analyst estimates. Maruti recorded a profit of 10.13 billion rupees ($126.79 million) for the quarter that ended on June 30, compared with 4.41 billion rupees a year ago when production was hampered by COVID-19-related disruptions. "The increase in prices of commodities adversely impacted the operating profit ... the company was forced to increase prices of vehicles to partially offset this impact," Maruti said in a statement.
ReutersIndia's top carmaker hopes govt will support 'green' tech beyond EVs
India's top-selling carmaker, Maruti Suzuki, believes the government will show support for "green" car technology beyond full electric vehicles (EVs), such as hybrid, if it benefited the country, the company's chief executive said. The comments come after Maruti unveiled its first strong hybrid car in India, the Grand Vitara sport-utility vehicle (SUV), seen as key to helping recover ground lost to competitors such as Hyundai Motor and Kia Motor.
StockopediaThe Maruti Suzuki India share price - here is what analysts think
Trading recommendations from company analysts can offer a glimpse of what the experts think the future holds. Their 'buy', 'hold' and 'sell' ratings reflect th...