Maruti Suzuki India Ltd (MRTI.NS)
|Market Cap (Mil.):||Rs464,765.31|
|Shares Outstanding (Mil.):||302.08|
* Maruti Suzuki India Ltd shares up 3.9 percent on value buying after falling about 8 percent in the last five sessions. * Traders also say the yen looks overbought versus the dollar in the short term and therefore may weaken, generating a tactical buy call on Maruti. * A weak yen ensures cheaper imports of parts and a smaller royalty payment to its parent Suzuki Motor Corp. * The dollar remained sluggish against the yen on Friday, but gained a foothold above 95 after plunging to a two-month tro
MUMBAI - Maruti Suzuki India, the country's biggest carmaker by sales, said it would shut production for a day at both of its plants on Friday to adjust inventory levels in response to falling sales.
MUMBAI, June 6 - Maruti Suzuki India Ltd , the country's biggest carmaker by sales, said it would shut production for a day at both of its plants on Friday to adjust inventory levels in response to falling sales.
* India's main BSE index falls 0.62 percent and the broader NSE index is down 0.66 percent. * Shares in Maruti Suzuki India Ltd fall 2.4 percent after the automaker's sales declined 14.4 percent in May, compared with a year earlier. * Sun Pharmaceutical Industries Ltd falls 2.3 percent on media reports the company is in talks to buy Sweden's Meda AB for between $5 billion and $6 billion to boost its generics business in developed markets. * However, Infosys Ltd gain 4.6 percent on bets the r
MUMBAI, June 3 - Shares in Maruti Suzuki India Ltd fell as much as 3.6 percent on Monday after the carmaker said sales declined 14.4 percent in May compared to a year ago.
June 1 - Maruti Suzuki India Ltd's vehicle sales in May:
* India's main share index gains 0.63 percent to trade above the psychologically important level of 20,000, while the broader NSE index is up 0.6 percent. * Both indexes hit their highest intraday level since Jan. 29. * Little impact seen from data showing the country's industrial output accelerated to 2.5 percent in March from a year earlier, stronger than consensus forecasts for 2 percent growth. * Investors say consumer price index on Monday and wholesale inflation data on Tuesday, will be t
(Corrects release dates for the consumer price index and wholesale inflation data in the fifth paragraph. The dates had also been reported incorrectly in earlier items.) * India's main share index gains 0.33 percent and the broader NSE index is up 0.3 percent.Ÿ * State Bank of India gains 1.2 percent, up for a second day after state-run banks Punjab National Bank and Union Bank of India Ltd reported a sequential improvement in asset quality for the January-March quarter. * Shares in Maruti Su
* Shares in Maruti Suzuki India Ltd gain 2.1 percent after the Japanese yen weakens to above 100 to the dollar on Friday and on optimism after the parent company Suzuki Motor Corp posted on Thursday a record profit in the financial year ended March. * Maruti Suzuki's profit margins are set to show even stronger gains in the current quarter as India's biggest car maker reaps an even greater windfall from cheaper yen-denominated imports of components. (email@example.com /; a
May 1 - Maruti Suzuki India Ltd's vehicle sales in April: April 2013 April 2012 pct chg DOMESTIC SALES 90,523 90,255 +0.3 PASSENGER CARS 76,509 72,939 +4.9 EXPORTS 6,779 10,160 -33.3 TOTAL SALES 97,302 100,415 -3.1 NOTE: Maruti Suzuki, controlled by Japan's Suzuki Motor Corp , is India's largest car maker by sales and also makes commercial vehicles. (Reporting by Matt