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Maruti Suzuki India Ltd (MRTI.NS)

MRTI.NS on National Stock Exchange of India

8,510.95INR
18 May 2018
Change (% chg)

Rs-186.55 (-2.14%)
Prev Close
Rs8,697.50
Open
Rs8,700.80
Day's High
Rs8,725.00
Day's Low
Rs8,496.00
Volume
603,507
Avg. Vol
509,575
52-wk High
Rs9,996.40
52-wk Low
Rs6,689.25

Latest Key Developments (Source: Significant Developments)

Maruti Suzuki India April Total Sales Up 14.4 Pct
Tuesday, 1 May 2018 

May 1 (Reuters) - Maruti Suzuki India Ltd ::SAYS APRIL TOTAL SALES OF 172,986 VEHICLES VERSUS 151,215 VEHICLES LAST YEAR.SAYS APRIL TOTAL DOMESTIC SALES OF 164,978 VEHICLES VERSUS 144,492 VEHICLES LAST YEAR.SAYS APRIL PASSENGER CARS SALES OF 126,744 VEHICLES VERSUS 109,505 VEHICLES LAST YEAR.SAYS APRIL EXPORT SALES OF 8,008 VEHICLES VERSUS 6,723 VEHICLES LAST YEAR.  Full Article

Maruti Suzuki India Chairman Says Rising Fuel Costs Will Have Adverse Effect On Automobile Demand
Friday, 27 Apr 2018 

April 27 (Reuters) - Maruti Suzuki India Ltd Chairman R C Bhargava::SAYS BOARD APPROVED IN PRINCIPLE SETTING UP OF EMPLOYEE WELFARE FUND THIS YEAR.SAYS SETTING UP FUND FOR RESEARCH, FUND TO RECEIVE ONE PERCENT OF NET PROFIT OF PREVIOUS YEAR.SAYS EMPLOYEE WELFARE FUND TO RECEIVE ONE PERCENT OF NET PROFIT OF PREVIOUS YEAR.SAYS BY 2021, ALL MARUTI CARS TO FOLLOW "NEW ROYALTY FORMULA".SAYS RISING FUEL COSTS WILL HAVE AN ADVERSE EFFECT ON AUTOMOBILE DEMAND.SAYS STILL CONFIDENT OF 10 PERCENT ANNUAL GROWTH IN COMPANY'S VEHICLE SALES.SAYS IMPLEMENTING OF EURO VI GUIDELINES IN INDIA WILL FURTHER BRING DOWN SALES OF DIESEL VEHICLES.SAYS WILLING TO WORK OUT A PARTNERSHIP WITH OIL COMPANIES TO PUSH INCREASED ADOPTION OF CNG-BASED AUTOMOBILES.  Full Article

Maruti Suzuki India March Qtr Profit Up 10 Pct
Friday, 27 Apr 2018 

April 27 (Reuters) - Maruti Suzuki India Ltd ::MARCH QUARTER PROFIT 18.82 BILLION RUPEES VERSUS PROFIT OF 17.11 BILLION RUPEES LAST YEAR.CONSENSUS FORECAST FOR MARCH QUARTER NET PROFIT WAS 21.10 BILLION RUPEES.MARCH QUARTER TOTAL REVENUE FROM OPERATIONS 211.66 BILLION RUPEES VERSUS 207.51 BILLION RUPEES LAST YEAR.RECOMMENDED FINAL DIVIDEND OF 80 RUPEES PER SHARE.SAYS INCREASE IN EFFECTIVE TAX RATE IMPACTED NET PROFIT IN QUARTER.  Full Article

Maruti Suzuki India Defers Plan To Launch Its First Fully Hybrid Vehicle-CNBC Tv18 Citing Sources
Tuesday, 27 Mar 2018 

March 27 (Reuters) - Maruti Suzuki India Ltd ::MARUTI SUZUKI INDIA DEFERS PLAN TO LAUNCH ITS FIRST FULLY HYBRID VEHICLE -CNBC TV18 CITING SOURCES.MARUTI SUZUKI INDIA ALSO LOOKS TO RE-EVALUATE FUTURE OF ITS MICRO HYBRID SEGMENT - CNBC TV18 CITING SOURCES.HIGHER TAXATION ON HYBRID VEHICLES POST GST BIG PART OF REASON FOR MARUTI'S MOVE - CNBC TV18 CITING SOURCES.  Full Article

Maruti Suzuki India's Dec Total Sales Up Over 10 pct
Monday, 1 Jan 2018 

Jan 1 (Reuters) - Maruti Suzuki India Ltd ::SAYS DEC TOTAL SALES OF 130066 VEHICLES VERSUS 117,908 VEHICLES LAST YEAR.SAYS DEC TOTAL DOMESTIC SALES OF 119286 VEHICLES VERSUS 106,414 VEHICLES LAST YEAR.SAYS DEC PASSENGER CARS SALES OF 87864 VEHICLES VERSUS 81,092 VEHICLES LAST YEAR.SAYS DEC EXPORT SALES OF 10780 VEHICLES VERSUS 11,494 VEHICLES LAST YEAR.  Full Article

Maruti Suzuki India Says Expects To Launch First Electric Car By 2020
Thursday, 21 Dec 2017 

Dec 21 (Reuters) - Maruti Suzuki India Ltd Chairman R. C. Bhargava speaking to reporters: :MARUTI SUZUKI INDIA CHAIRMAN BHARGAVA SAYS TOYOTA TO GIVE EV TECHNOLOGY TO MARUTI.MARUTI SUZUKI INDIA CHAIRMAN: MARUTI TO SELL AND SERVICE CARS IN SUZUKI-TOYOTA PARTNERSHIP, POSSIBLY MANUFACTURE.MARUTI SUZUKI INDIA CHAIRMAN: EXPECT TO LAUNCH FIRST ELECTRIC CAR BY 2020, TO SET UP SOME CHARGING STATIONS ONCE SALES BEGIN.MARUTI SUZUKI INDIA CHAIRMAN SAYS MAKING SMALL ELECTRIC CARS THAT ARE AFFORDABLE WILL BE A CHALLENGE.MARUTI SUZUKI INDIA CHAIRMAN SAYS DON'T SEE A CASE FOR STOCK SPLIT.  Full Article

Maruti Suzuki India Nov Total Sales Up 14 Pct
Friday, 1 Dec 2017 

Dec 1 (Reuters) - Maruti Suzuki India Ltd ::SAYS NOV TOTAL SALES OF 154600 VEHICLES VERSUS 135,550 VEHICLES LAST YEAR.SAYS NOV TOTAL DOMESTIC SALES OF 145300 VEHICLES VERSUS 126,325 VEHICLES LAST YEAR.SAYS NOV PASSENGER CARS SALES OF 107660 VEHICLES VERSUS 96,767 VEHICLES LAST YEAR.SAYS NOV EXPORT SALES OF 9300 VEHICLES VERSUS 9,225 VEHICLES LAST YEAR.  Full Article

Maruti Suzuki India total sales up about 9 pct in October
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - Maruti Suzuki India Ltd ::Says Oct total sales of 146,446 vehicles versus 133,793 vehicles last year.Says Oct total domestic sales of 136,000 vehicles versus 123,764 vehicles last year.Says Oct passenger cars sales of 99,077 vehicles versus 92,886 vehicles last year.Says Oct export sales of 10,446 vehicles versus 10,029 vehicles last year.  Full Article

Maruti Suzuki India forecasts double digit growth this FY
Friday, 27 Oct 2017 

Oct 27 (Reuters) - Maruti Suzuki India Ltd chairman R C Bhargava::Says co will grow in double digits this fiscal year‍​.Says economic conditions are becoming better for carmakers‍​.Says co talked about share split but don't see incentive to do it ‍​.Says Suzuki Motor has been working on electric vehicles‍​.Says partnership agreement with Toyota includes discussion on hybrid, electric technology.Says co will make electric cars but can't commit to a date‍​.Says future of hybrid cars in india depends on GST rate and cess on such cars‍​.Says no clear roadmap to reach all electric vehicles by 2030‍​.  Full Article

Maruti Suzuki India Sept-qtr profit up about 3 pct
Friday, 27 Oct 2017 

Oct 27 (Reuters) - Maruti Suzuki India Ltd ::Sept quarter profit 24.84 billion rupees.Sept quarter total revenue from operations 217.68 billion rupees versus 203.23 billion rupees last year.Consensus forecast for Sept-quarter net profit was 22.29 billion rupees.The profit alert was first sourced from TV and later confirmed from a company press release at the Bombay Stock Exchange.  Full Article

Indian shares inch higher; Bajaj Auto gains

May 22 Indian shares looked set to snap a five-session losing streak on Tuesday, but gains were limited as the political situation in the southern state of Karnataka continued to be fluid, while investors awaited quarterly numbers from State Bank of India and Cipla Ltd due later in the day.