Maruti Suzuki will absorb 3,500 freshers for workshops this year
15 new models, network expansion focus for next 5 years
The hike is effective from today, the company said
The stock hit a record high of Rs 4,888 after the company reported 12.7% YoY growth in total sales at 137,116 units in July 2016
Maruti commands a 46% share in the domestic passenger vehicles' (cars, utility vehicles and vans) market and Hyundai has another 17%
Market leader's domestic sales in July seen at 125,778 against 110,405 units in July 2015
Maruti Suzuki aims to have 250 Nexa outlets by March 2017, up from 150 currently
The stock hit a high of Rs 4,699 and a low of Rs 4,570 so far during the da
Operational performance in line with the expectations; volumes also expected to improve
Net sales increased 12% to Rs 14,654 cr
Although it is reliant on just one car to drive growth, sales have picked up over the past year
Maruti Suzuki shunned conventional wisdom when it recycled an old name to brand a new car. A year later the gamble is paying off
It's successful model Swift has been displaced from the 3rd position by rival Hyundai's Grand i10
The company is coming up with the 2.5 lakh capacity third plant in Gujarat
Srivatsa joins in place of Delna Avari who exited in April to start her own venture
Maruti's June sales in the domestic market stood at 92,133 units against 1,02,626 units in same month last year
Clocks 100,000 units in domestic sales
Expanding portfolio, distribution reach should help it capitalise on higher spending from govt sectors
The firm had advanced its maintenance closure due to the fire at Subros after which supply of car AC units had stopped
Report 10% sales growth in domestic market; Maruti sold 1,13,162 vehicles, while Hyundai sold 41,351 units