Maruti Suzuki rides high on reporting 5% rise in total sales in February 2023

Maruti Suzuki India is currently trading at Rs. 8758.80, up by 133.00 points or 1.54% from its previous closing of Rs. 8625.80 on the BSE.

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Maruti Suzuki India

The scrip opened at Rs. 8630.05 and has touched a high and low of Rs. 8772.00 and Rs. 8620.10 respectively. So far 5918 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 5 has touched a 52 week high of Rs. 9768.65 on 31-Oct-2022 and a 52 week low of Rs. 6540.00 on 08-Mar-2022.

Last one week high and low of the scrip stood at Rs. 8772.00 and Rs. 8534.20 respectively. The current market cap of the company is Rs. 263685.68 crore.

The promoters holding in the company stood at 56.37%, while Institutions and Non-Institutions held 39.74% and 3.89% respectively.

Maruti Suzuki India’s total wholesales increased 5 per cent to 1,72,321 units in February 2023. The company had dispatched 1,64,056 units to its dealers in February 2022. Domestic wholesales rose 11 per cent to 1,55,114 units as compared with 1,40,035 units in February last year. Total exports last month however dropped 28 per cent to 17,207 units from 24,021 units in February 2022.

Maruti Suzuki India is an automobile manufacturer in India. It provides passenger cars, utility vehicles and vans. The firm also offers pre-owned car sales, fleet management and car financing services.

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