Page 2 - Maruti Suzuki Stocks

Stocks to watch on May 14: Shriram Finance, Zomato, DLF, TCS, Maruti Suzuki

Shriram Finance announced that board has approved the sale of its housing finance subsidiary Shriram Housing Finance to Warburg Pincus for Rs 4,630 crore

Maruti Suzuki falls marginally despite strong Q4; brokerages remain upbeat

The fall came as investors booked profit after the company posted strong March quarter performance

Maruti Suzuki eyes export of 300,000 units in FY25, 800,000 by 2030

On the back of record exports last fiscal, Maruti Suzuki India is confident of its overseas shipments crossing 3 lakh units in FY25 as part of gradual scaling up to meet the target of up to 8 lakh units by 2030, according to a senior company official. The company plans to launch more models in its various export markets that span over 100 countries while also enhancing distribution network, having taken best practices from India such as making bank finance available at dealerships, strengthening service facilities and parts availability to the export markets. "Till about three years ago our exports were in the range of 1 to 1.2 lakh cars a year. Both as a national vision and as a business ambition, we decided to scale up drastically and from those levels and in 2022-23 we reached about 2.59 lakh units exports and in 2023-24 we completed 2.83 lakh," Maruti Suzuki India Executive Director Corporate Affairs Rahul Bharti told PTI. He further said, "The interesting part of this is that i

Expect some impact on costs due to ongoing Red Sea crisis: Maruti Suzuki

Maruti Suzuki may see some increase in costs due to the rerouting of vessels amid the ongoing Red Sea crisis, according to a senior company official. The auto major, which exported around 2.7 lakh cars last calendar year, however, noted that it does not expect the issue to have a very big impact on the company's overseas shipments. "We are seeing some logistical challenges because of the Red Sea issue. And there may be some increase in costs because of risk or because of rerouting of vessels but it should not be significant," MSI Executive Officer (Corporate Affairs) Rahul Bharti said in an analyst call. The lead time of dispatches might change, and there may be some uncertainty in vessels coming and picking up their consignments, among others, he noted. That is a small issue, which is quite common in the export business, Bharti said. Red Sea strait is crucial for 30 per cent of global container traffic and 12 per cent of global trade. About 80 per cent of India's merchandise trad

Automobile major Maruti Suzuki hikes prices by 0.45% across models

Maruti Suzuki India on Tuesday said it has increased prices of its entire model range with immediate effect. An estimated weighted average of increase across models is 0.45 per cent, the auto major said in a regulatory filing. This indicative figure is calculated using ex-showroom prices of models in Delhi and will come into effect from January 16, 2024, it added. Maruti Suzuki India (MSI) sells a range of cars starting from Alto to Invicto, priced between Rs 3.54-28.42 lakh (ex-showroom).

Maruti Suzuki's 2024 launches: Know about new cars, prices, specs, and more

Maruti will also join the EV bandwagon with its first born-electric SUV, the eVX, which is slated to be launched in India towards the end of 2024

Maruti Q2 preview: Focus on SUVs, lower costs to aid margins, say analysts

Maruti Suzuki India Q2 preview: At the bottomline level, analysts expect the company's standalone net profit to rise up to 66 per cent year-on-year

Maruti eyeing bigger pie of global car market, aims to 3X exports by 2030

Maruti Suzuki reported its best-ever exports which reached 259,333 units for the financial year 2022-23

Maruti Suzuki Q1FY24 results: Net profit up 145% YoY, revenue up 22%

The company approved the termination of the contract manufacturing agreement with Suzuki Motor Gujarat Private Limited (SMG)

Maruti Suzuki looking to replicate diesel engine frugality with hybrid, CNG

Maruti Suzuki has clarified that it will not get into diesel vehicles and instead focus on developing and introducing CNG and strong hybrid vehicles

Bookings begin for Maruti Suzuki MPV Invicto at Rs 25,000; launch on July 5

This is Maruti's own version of the Toyota Innova, the best-selling premium multi-purpose vehicle (MPV) in the country

Maruti sitting on 100,000 plus pending deliveries as MPV market expands

The challenge is more pronounced for the CNG variants of these vehicles

Maruti's Jimny priced at Rs 12.74 lakh ex-showroom; check specifications

With Jimny, Maruti wants to achieve more than what it did with the Gypsy by making it a truly mass-market vehicle

Stocks to Watch: Axis Bank, Maruti, ConCor, HFCL, Zomato, BoB, Gold related

Stocks to Watch: Delta Corp, L&T Finance Holdings and PVR are the three stocks in F&O ban period on Tuesday.

Maruti looks to regain market share in SUV segment with 4 new models

Cars will be across all price segments in a market where company's rivals have lead

Supply crisis, market share loss in SUV put Maruti's stock under pressure

Margin improvement for market leader in passenger vehicles may take time, say analysts.

Maruti Suzuki India surges 11% in 2 days, nears 52-week high

The stock was quoting higher for the fourth straight day and trading close to its 52-week high of Rs 8,400 touched on January 13, 2021

Maruti Suzuki shares decline over 2% after September sales data

Shares of Maruti Suzuki India (MSI) on Friday dipped over 2 per cent after the company reported 46.16 per cent decline in sales in September. The stock dipped 2.39 per cent to close at Rs 7,159.40 on the BSE. During the day, it declined 3.28 per cent to Rs 7,093.50. On the NSE, it dipped 2.39 per cent to close at Rs 7,162.30. The country's largest carmaker Maruti Suzuki India on Friday reported 46.16 per cent decline in sales at 86,380 units in September. The company had sold 1,60,442 units in September last year, MSI said in a statement. Domestic sales slipped 54.9 per cent to 68,815 units last month as against 1,52,608 units in September 2020, it added. "Sales volume of the company in September 2021 was adversely impacted due to shortage of electronic components. The company took all possible measures to limit the adverse impact," the auto major stated.

Maruti Suzuki to hike prices across models from Sept; stock rises 2.9%

The hike could be steeper than last three rounds, pushed by an exponential increase in prices of raw materials such as steel and copper, analysts said

Demand recovery, new launch hopes drive gains for Maruti Suzuki

Price hikes effective from July 1 could offset input cost pressures