The firm will raise prices for some car models due to a rise in some input costs
Having cornered 50 per cent share of India's car market, MSIL is one of the biggest employers in the country.
The country's largest carmaker Maruti Suzuki India (MSI) on Friday reported a 20.2 per cent increase in sales to 160,226 units in December
The stock of Maruti Suzuki India might show further strength if it moves above 7,620
The new Maruti Suzuki Jimny is the 4th generation model of the popular Maruti Suzuki Gypsy
Automobile major Maruti Suzuki's commercial vehicle Super Carry has reached a cumulative sales of more than 70,000 units in the last four years.
With 15 models and a market share of close to 50 per cent, it rules the Indian market, selling almost 1.5 million units every year - rolling out one model every ten seconds
Sources also confirmed that the company plans to utilise the BS-VI compliant diesel powertrain in the Ertiga and Vitara Brezza to start with in the domestic market
Valuations factor in the volume rebound, leaving little upside from the current levels
Maruti Suzuki India also announced a planned hike in prices on Wednesday
Online service 'Smart Finance' to cover 30 cities, Company says this will result in improvement of enquiry to sales conversion
Raw material prices like steel,aluminium, copper and rubber are increasing with the full impact of cumulative increases to be felt in Q3 and Q4 of this financial year
Passenger vehicle retail sales in November witnessed a year-on-year rise of 4.17 per cent to 2,91,001 units as Diwali-Dhanteras period led to rise in vehicle registrations
The company had produced nearly 1,42,000 units in the same month last year.
Realty stocks are showing strong upside momentum
Carmakers concentrated on reducing inventory while factory production was lesser this month due to holidays, and November auto sales fell below estimates as a result
The economy is on the mend but sustained recovery will take time: that's the picture you get by studying the July-September quarter results of 1,286 listed companies. Devangshu Datta reads the numbers
India's front line health workers will be the first to be inoculated once an effective vaccine is available. More headlines in our evening roundup.
According to recent sales data, Maruti sold 3.9 lakh units, comprising 3.70 lakh units in domestic and 22,511 units in exports, during the quarter under review
But final cost of leasing may outrun cost of ownership