Page 22 - Maruti Suzuki India

Maruti Suzuki Q4 profit declines 10% YoY to Rs 1,166 cr, misses estimates

Maruti Suzuki India's net profit slipped on account of lower sales volume and increase in commodity prices

RIL, pvt banks take Sensex 558 pts up; Nifty tops 14,650; Nifty Metal up 3%

Hindalco, L&T, Tata Steel, Divis Labs, Reliance Industries, Bajaj Finance, and SBI were the top gainers on the 50-share pack

Maruti Q4 preview: PAT seen up 32% YoY; commodity prices to dent margins

The company is scheduled to report its Q4FY21 numbers on Tuesday, April 27. Here is what leading brokerages expect.

Top trading ideas by Anand Rathi: Buy Bajaj Finance, DLF, Maruti

The recent correction in the markets dragged Bajaj Finance's from the high of Rs 5,800 towards Rs 4,400-mark

Maruti Suzuki hikes prices by up to Rs 22,500 to offset input costs

Barring Celerio and Swift, all the models of the company will be covered under the price increase exercise

Maruti logs highest ever sales of CNG cars at 157,000 units in FY21

Maruti Suzuki India (MSI) on Wednesday said it has sold over 1.57 lakh CNG cars in FY21, its highest ever in a fiscal. The auto major had sold 1,06,444 CNG units in 2019-20. MSI sells a range of factory-fitted CNG cars, including Alto, Celerio, Wagon-R, S-PRESSO, Eeco, Ertiga, Tour S and Super Carry. "We see CNG as a technology that has set a new benchmark in green fuel mobility. Maruti Suzuki offers its customers the widest options of factory- fitted CNG-powered cars. "At the same time, CNG is becoming one of the most preferred alternative fuels due to its economic cost of running (as compared to high prices of petrol and diesel) and improved CNG filling infrastructure," MSI Executive Director (Marketing & Sales) Shashank Srivastava said. With the government's clear focus on expansion of CNG outlets in the country, the company is confident of greater acceptance of factory-fitted CNG vehicles, even in challenging times, he added. MSI's S-CNG vehicle range is aligned to the ...

Weak product cycle could lead to further market share loss for Maruti

Higher commodity prices could worsen its margin profile

India's largest carmaker Maruti Suzuki reports March sale at 167,014 units

The country's largest carmaker Maruti Suzuki India (MSI) on Thursday reported total sales of 1,67,014 units in March

Sensex dips 627 pts as investors book profit on last trading day of FY21

The S&P BSE Sensex and Nifty50 have rallied 68 per cent and 70.8 per cent, respectively in FY21

Bear spread strategy on Maruti Suzuki by Nandish Shah of HDFC Securities

Short build-up was seen in the Maruti Futures' where we have seen 69 per cent (prov) rise in the Open Interest with price falling by 4 per cent

Maruti Suzuki to substantially increase vehicle prices from April

Maruti Suzuki India (MSI) on Monday said it will "substantially" increase the prices of its entire product portfolio from next month in order to offset the impact of high input costs.

Maruti Suzuki to raise prices in April to tackle higher costs

Over the past year the cost of company's vehicles has been impacted adversely due to increase in various input costs, the company said

Scrapping policy will depend on integrity of fitness centres: R C Bhargava

The policy statement for the first time recognises that there is a need to ensure that vehicles are fit for continued use, says Bhargava

Indian Oil, Israel's Phinergy to manufacture special batteries in India

Maruti Suzuki and Ashok Leyland sign letter of intent with new JV for using aluminium-air systems.

Maruti service network crosses 4,000 outlets; 208 workshops added

Maruti Suzuki India (MSI) on Wednesday said its service network has crossed 4,000 outlet mark across the country, covering 1,989 towns and cities

Maruti Suzuki achieves 2 million vehicle export milestone from India

The country's largest carmaker Maruti Suzuki India (MSI) on Saturday said it has achieved the milestone of 20 lakh cumulative exports. The auto major achieved the milestone as a batch of products comprising S-Presso, Swift and Vitara Brezza left for South Africa from the Mundra Port in Gujarat. "The company has been exporting vehicles for past 34 years much before India became a prominent player in the global automobile business.This early global exposure helped the company enhance its quality and attain global benchmarks," MSI MD and CEO Kenichi Ayukawa said in a statement. The automaker currently exports 14 models comprising nearly 150 variants, to over 100 countries, he noted. "Vehicles manufactured at our facilities in India have found high acceptance owing to global standards of quality, safety, design and technology," Ayukawa said. Going forward, the company has aligned itself with the evolving needs of customers in African and Latin American nations, he noted. "With a flur

Maruti Suzuki pre-owned car unit True Value crosses 400,000 unit sales

The country's largest carmaker Maruti Suzuki India (MSI) on Thursday said its pre-owned car unit True Value has crossed 40 lakh sales milestone. True Value celebrates the sales of 4 million pre-owned cars from a network of independent outlets across the country, MSI said in a statement In line with market trends, the automaker had upgraded its True Value outlets in 2017, offering a seamless amalgamation of online to offline car buying experience. "The pre-owned car market in India is highly unorganised and there are very few players providing safe, reliable and transparent buying and selling experience to buyers. "True Value was set up to overcome these issues and ensure that buyers of the pre-owned car get the same experience as new car buyers," MSI Executive Director (Marketing & Sales) Shashank Srivastava said. The outlets are digitally integrated through website and app so that customers can access details of all the cars available at True Value outlets from the comfort of ...

Maruti Suzuki reports 4.3% increase in total sales to 160,752 units in Jan

The country's largest car maker Maruti Suzuki India reported a 4.3% increase in total sales to 1,60,752 units in January

Maruti Suzuki dips 7% in two days post Q3 results on margin concerns

The stock was trading lower for the sixth straight trading day, having fallen 10 per cent during this period

HDFC twins, RIL drive Sensex 834 pts up; Nifty tops 14,500; midcaps outrun

Stock market LIVE updates: India VIX cools off 6%