Maruti, Tata Motors rise on price hike hopes

Fri Dec 7, 2012 12:28pm IST

A worker cleans a parked car at the Maruti Suzuki's stockyard on the outskirts of Jammu October 30, 2010. REUTERS/Mukesh Gupta/Files

A worker cleans a parked car at the Maruti Suzuki's stockyard on the outskirts of Jammu October 30, 2010.

Credit: Reuters/Mukesh Gupta/Files

Related Topics

Stocks

   

Reuters Market Eye - Shares in Maruti Suzuki(MRTI.NS) gain 3.4 percent on media reports of price hike in January.

Among other auto gainers, Tata Motors (TAMO.NS) rises 2.1 percent while Mahindra and Mahindra (MAHM.NS) gains 2.1 percent.

Dealers say January may see a lot of auto manufactures going for price hike after December inventory gets sold off.

General Motors Co's Indian unit said on Thursday it will increase car prices in the country by 1-3 percent from January due to high input costs and currency fluctuation.

FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

GROUP OF 20

REUTERS SHOWCASE

Modi Speaks

Modi Speaks

PM Modi says al Qaeda will fail in India - CNN.  Full Article 

Alibaba Listing

Alibaba Listing

Alibaba surges on massive demand in trading debut  Full Article 

Importing Rice

Importing Rice

Top rice exporter India importing over 100,000 T on temporary supply squeeze.  Full Article 

GSK Fined

GSK Fined

China hands drugmaker GSK record $489 mln fine, sentences executives.  Full Article 

HMT in Demand

HMT in Demand

Fans rush to HMT as watchmaker marks time.  Full Article 

Apple Not Cool?

Apple Not Cool?

Some consumers say Apple is losing its "cool" factor  Full Article 

Asian Games 2014

Asian Games 2014

Full coverage of the 17th Asian Games as Incheon.  Full Coverage 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage