MARKET EYE-Maruti Suzuki gains on benefits from weaker yen

Thu Dec 20, 2012 12:20pm IST

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* Maruti Suzuki shares gain 0.75 percent on bets a
steep depreciation in the yen will boost earnings by
reducing the costs of imports from Japan.
* Since hitting a low of 1.3838 on July 25, the INR/JPY
 has risen to the current level of 1.5314.
* Traders also cite a report in The Economic Times that Maruti
Suzuki is looking to enter the small pick-up truck segment. 
link.reuters.com/jas74t
* A spokesman for Maruti Suzuki declines to comment on the
company's future product plans when contacted by Reuters.

 (manoj.dharra@thomsonreuters.com/henry.foy@thomsonreuters.com)
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