Maruti Suzuki India rises over 5%, records sharpest gain in 5 weeks

With today's gain, the stock has outperformed the market by gaining 14 per cent, as compared to a 9 per cent rise in the S&P BSE Sensex.

Shares of Maruti Suzuki India rallied 5.5 per cent to Rs 5,798 on the BSE on Wednesday, recording its sharpest intra-day gain in the past five weeks. Earlier, on May 13, the stock of automobiles major had surged 7.5 per cent during the intra-day trade.

The country's largest carmaker has partnered with IndusInd Bank and Karur Vysa Bank for vehicle financing to help spur sales after the resumption of operations following lockdown relaxations.

Today, Maruti Suzuki India (MSIL) said it has partnered with Karur Vysya Bank to offer consumers simpler and flexible financing schemes to own a new car. On