 "Maruti Suzuki overtakes Tata Motors and M&M combined in m-cap")
Maruti Suzuki, the country’s largest car maker, is now valued higher by the market than the combined one of the two other listed car makers, Tata Motors and Mahindra & Mahindra, for the first time.
The Suzuki-owned car maker’s market capitalisation (m-cap) hit Rs 2.25 lakh crore on Friday as its stock closed at a new high of Rs 7,451 on the BSE. The combined m-cap of Tata Motors (Rs 1.348 lakh crore) and M&M (Rs 88,599 crore) amounted to Rs 2.23 lakh crore at Friday’s close.
With Friday’s three per cent rally, Maruti has also emerged as the eighth most valued
