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Maruti Suzuki India Ltd (MRTI.NS)

MRTI.NS on National Stock Exchange of India

7,357.95INR
18 Jan 2019
Change (% chg)

Rs21.70 (+0.30%)
Prev Close
Rs7,336.25
Open
Rs7,345.00
Day's High
Rs7,379.95
Day's Low
Rs7,318.00
Volume
334,555
Avg. Vol
840,276
52-wk High
Rs9,929.00
52-wk Low
Rs6,500.00

Latest Key Developments (Source: Significant Developments)

Maruti Suzuki India Says December Total Sales Down 1.3 Pct
Tuesday, 1 Jan 2019 

Jan 1 (Reuters) - Maruti Suzuki India Ltd ::SAYS DECEMBER TOTAL SALES OF 128,338 VEHICLES VERSUS 130,066 VEHICLES LAST YEAR.SAYS DECEMBER TOTAL DOMESTIC SALES OF 121,479 VEHICLES VERSUS 119,286 VEHICLES LAST YEAR.SAYS DECEMBER PASSENGER CARS SALES OF 83,729 VEHICLES VERSUS 87,864 VEHICLES LAST YEAR.SAYS DECEMBER EXPORT SALES OF 6,859 VEHICLES VERSUS 10,780 VEHICLES LAST YEAR.  Full Article

Maruti Suzuki India Exec Says Target To Achieve Double Digit Sales Growth For Year Looks Difficult
Wednesday, 19 Dec 2018 

Dec 19 (Reuters) - Maruti Suzuki India Ltd Chairman RC Bhargava and exec RS Kalsi::MARUTI SUZUKI INDIA EXEC SAYS EV SUBSIDY SCHEME NOT VIABLE FOR SMALL CAR OWNERS.MARUTI SUZUKI INDIA EXEC SAYS ELECTRIFICATION OF TWO-WHEELERS IS FAR MORE EFFECTIVE THAN CARS.MARUTI SUZUKI INDIA EXEC SAYS ACHIEVING TARGET OF DOUBLE DIGIT SALES GROWTH FOR THE YEAR “LOOKS TO BE DIFFICULT”.  Full Article

Maruti Suzuki India Implements Price Increase For Different Models
Wednesday, 5 Dec 2018 

Dec 5 (Reuters) - Maruti Suzuki India Ltd ::SAYS IMPLEMENTS PRICE INCREASE FOR DIFFERENT MODELS.COST OF CO'S VEHICLES HAS BEEN IMPACTED ADVERSELY DUE TO INCREASE IN COMMODITY PRICES AND FOREIGN EXCHANGE RATES, ETC.PRICE INCREASE SHALL VARY FOR DIFFERENT MODELS.BECOME IMPERATIVE TO PASS ON SOME IMPACT OF ADDITIONAL COST TO CUSTOMERS VIA PRICE INCREASE ACROSS VARIOUS MODELS IN JAN 2019.  Full Article

Maruti Suzuki India Says Oct Total Sales Rise 0.2 Pct
Thursday, 1 Nov 2018 

Nov 1 (Reuters) - Maruti Suzuki India Ltd ::SAYS OCTOBER TOTAL SALES OF 146,766 VEHICLES VERSUS 146,446 VEHICLES LAST YEAR.SAYS OCTOBER TOTAL DOMESTIC SALES OF 138,100 VEHICLES VERSUS 136,000 VEHICLES LAST YEAR.SAYS OCTOBER PASSENGER CARS SALES OF 101,516 VEHICLES VERSUS 99,077 VEHICLES LAST YEAR.SAYS OCTOBER EXPORT SALES OF 8,666 VEHICLES VERSUS 10,446 VEHICLES LAST YEAR.  Full Article

Maruti Suzuki India Chairman: Will Continue To Make Best Efforts To Achieve 10 Pct Sales Growth This Yr
Thursday, 25 Oct 2018 

Oct 25 (Reuters) - Maruti Suzuki India Ltd ::CHAIRMAN SAYS INCREASE IN VEHICLE INSURANCE COSTS HAS HAD AN IMPACT ON BUYER SENTIMENT, COST OF CAR OWNERSHIP.CHAIRMAN SAYS WILL CONTINUE TO MAKE BEST EFFORTS TO ACHIEVE 10 PERCENT SALES GROWTH THIS YEAR, WILL NOT BE AN EASY TASK.CHAIRMAN SAYS WE ARE RAMPING UP PRODUCTION OF CNG VEHICLES.CHAIRMAN SAYS WILL PHASE OUT ALL BS-IV VEHICLES BEFORE APRIL 1, 2020 TO MEET SUPREME COURT ORDER.CHAIRMAN SAYS FESTIVAL SEASON DOES NOT SEEM TO BE SHOWING ANY KIND OF GREAT BUOYANCY OVER LAST YEAR.CHAIRMAN SAYS SALES DURING FESTIVE SEASON MAY BE ONLY MARGINALLY DIFFERENT FROM LAST YEAR.CHAIRMAN SAYS TYPICALLY KEEP ONE MONTHS INVENTORY WITH DEALERS, CURRENT STOCK WITH THEM IS LOWER THAN THAT.CHAIRMAN SAYS HAVE INCREASED DISCOUNTS ON VEHICLES DURING THE QUARTER.CHAIRMAN SAYS MARGINS IMPACTED BY 120 BASIS POINTS IN FIRST HALF OF FISCAL YEAR DUE TO WEAK CURRENCY.CHAIRMAN SAYS SALES IN URBAN MARKETS SLOWER THAN RURAL AREAS WHERE MONSOON HAS BEEN GOOD, HELPING SALES GROWTH.  Full Article

Maruti Suzuki India Sept-Qtr Profit Falls 9.8 Pct
Thursday, 25 Oct 2018 

Oct 25 (Reuters) - Maruti Suzuki India Ltd ::SEPT QUARTER PAT 22.40 BILLION RUPEES.CONSENSUS FORECAST FOR SEPT QTR NET PROFIT WAS 20.28 BLN RUPEES.SEPT QTR TOTAL REVENUE FROM OPS 224.33 BLN RUPEES VS 217.68 BLN RUPEES LAST YEAR.SEPT QTR PROFIT WAS 24.84 BLN RUPEES LAST YEAR.Q2 OPERATING PROFIT FELL DUE TO INCREASE IN COMMODITY PRICES, ADVERSE FOREIGN EXCHANGE MOVEMENT AND HIGHER SALES PROMOTION EXPENSES.THE PROFIT ALERT WAS FIRST SOURCED FROM TV AND LATER CONFIRMED FROM A RELEASE ON THE NATIONAL STOCK EXCHANGE.  Full Article

Maruti Suzuki India Flags-Off Proto-Type Electric Vehicles For Field Test
Tuesday, 9 Oct 2018 

Oct 9 (Reuters) - Maruti Suzuki India Ltd ::SAYS CO FLAGGED-OFF PROTO-TYPE ELECTRIC VEHICLES FOR FIELD TEST FROM GURUGRAM FACILITY.  Full Article

Maruti Suzuki India Says To Recall Super Carry Vehicles
Wednesday, 3 Oct 2018 

Oct 3 (Reuters) - Maruti Suzuki India Ltd ::SAYS MARUTI SUZUKI TO RECALL SUPER CARRY VEHICLES.SAYS RECALL FOR SUPER CARRY VEHICLES TO INSPECT FOR A POSSIBLE DEFECT IN FUEL PUMP ASSEMBLY.640 VEHICLES IN DOMESTIC MARKET MANUFACTURED BETWEEN JAN 20 2018 TILL JULY 14 2018 WILL BE COVERED IN THIS RECALL CAMPAIGN.  Full Article

Maruti Suzuki India To Increase Prices Across Various Models In Aug
Wednesday, 1 Aug 2018 

Aug 1 (Reuters) - Maruti Suzuki India Ltd ::MARUTI SUZUKI INDIA - THERE HAS BEEN ADVERSE MOVEMENT IN COMMODITY PRICES AND FOREIGN EXCHANGE RATES WHICH IS PUTTING PRESSURE ON THE BOTTOM LINE.SAYS INCREASE IN FUEL PRICES HAS FURTHER ADDED TO COST DUE TO INCREASE IN FREIGHT.MARUTI SUZUKI - "HAS BECOME IMPERATIVE FOR US TO PASS ON SOME IMPACT OF ADDITIONAL COST TO CUSTOMERS THROUGH PRICE INCREASE ACROSS VARIOUS MODELS IN AUG 2018".PRICE INCREASE SHALL VARY FOR DIFFERENT MODELS.  Full Article

Maruti Suzuki India June Quarter Profit Rises 27 Pct
Thursday, 26 Jul 2018 

July 26 (Reuters) - Maruti Suzuki India Ltd ::JUNE QUARTER PROFIT 19.75 BILLION RUPEES VERSUS PROFIT OF 15.56 BILLION RUPEES LAST YEAR.CONSENSUS FORECAST FOR JUNE QUARTER NET PROFIT WAS 22.71 BILLION RUPEES.JUNE QUARTER TOTAL REVENUE FROM OPERATIONS 224.59 BILLION RUPEES VERSUS 197.77 BILLION RUPEES LAST YEAR.  Full Article

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Exclusive: Modi's 'Make in India' a casualty as steel, auto firms spar over sourcing

NEW DELHI India's steel ministry is putting pressure on automakers to use locally made steel by refusing to back down on tougher import rules despite warnings that the new regulations could disrupt the production of cars, government and industry sources said.