Edition:
India

Maruti Suzuki India Ltd (MRTI.NS)

MRTI.NS on National Stock Exchange of India

5,769.10INR
19 Jul 2019
Change (% chg)

Rs-113.25 (-1.93%)
Prev Close
Rs5,882.35
Open
Rs5,885.00
Day's High
Rs5,910.95
Day's Low
Rs5,710.10
Volume
1,228,672
Avg. Vol
888,703
52-wk High
Rs9,929.00
52-wk Low
Rs5,710.10

Latest Key Developments (Source: Significant Developments)

Maruti Suzuki India Says June Total Sales Down
Monday, 1 Jul 2019 

July 1 (Reuters) - Maruti Suzuki India Ltd ::SAYS JUNE TOTAL SALES OF 124708 VEHICLES VERSUS 144,981 VEHICLES LAST YEAR.SAYS JUNE TOTAL DOMESTIC SALES OF 114861 VEHICLES VERSUS 135,662 VEHICLES LAST YEAR.SAYS JUNE PASSENGER CARS SALES OF 83952 VEHICLES VERSUS 102,530 VEHICLES LAST YEAR.SAYS JUNE EXPORT SALES OF 9847 VEHICLES VERSUS 9,319 VEHICLES LAST YEAR.  Full Article

Maruti Suzuki India, Bank Of Baroda Join Hands To Support Dealer Inventory Financing
Friday, 21 Jun 2019 

June 21 (Reuters) - Maruti Suzuki India Ltd ::SAYS CO, BANK OF BARODA JOIN HANDS TO SUPPORT DEALER INVENTORY FINANCING.  Full Article

Maruti Suzuki India Cuts Production On Surging Inventories - BTVI, Citing Sources
Monday, 27 May 2019 

May 27 (Reuters) - Maruti Suzuki India Ltd ::RESORTS TO UNSCHEDULED PRODUCTION CUT ON SURGING INVENTORIES - BTVI, CITING SOURCES.DECLINES TO COMMENT TO REUTERS ON PRODUCTION HALT.  Full Article

Maruti Suzuki India Exec Says Expect Production, Sales To Grow 4-8 Pct This Fiscal Year
Thursday, 25 Apr 2019 

April 25 (Reuters) - Maruti Suzuki India Ltd Chairman R. C. Bhargava::MARUTI SUZUKI INDIA LTD EXEC SAYS ANNUAL SALES BELOW COMPANY’S EXPECTATIONS OF DOUBLE DIGIT GROWTH.MARUTI SUZUKI INDIA LTD EXEC SAYS DO NOT EXPECT THE MARKET TO AUTOMATICALLY PICK UP AFTER ELECTIONS.MARUTI SUZUKI INDIA LTD EXEC SAYS PREDICTION OF GOOD MONSOON WILL HELP AUTO SALES.MARUTI SUZUKI INDIA LTD EXEC SAYS UNFAVOURABLE FACTORS TO GROWTH INCLUDE UNCERTAINTY ABOUT FUEL PRICES, STRICTER EMISSION NORMS.MARUTI SUZUKI INDIA LTD EXEC SAYS EXPECT PRODUCTION AND SALES TO GROW BY BETWEEN 4-8 PERCENT THIS FISCAL YEAR.MARUTI SUZUKI INDIA LTD EXEC SAYS WILL DISCONTINUE DIESEL VARIANT OF ITS LIGHT COMMERCIAL VEHICLE FROM FY20 DUE TO STRICTER EMISSION NORMS.MARUTI SUZUKI INDIA LTD EXEC SAYS EBITDA MARGINS CONTRACTED BY ABOUT 3 PERCENT IN Q4.MARUTI SUZUKI INDIA LTD EXEC SAYS SALES IN RURAL MARKETS ARE GROWING BUT AT A SLOWER PACE.MARUTI SUZUKI INDIA EXEC SAYS SAW NEGATIVE SALES GROWTH IN URBAN MARKET LAST FISCAL, MORE OPTIMISTIC ABOUT GROWTH IN RURAL MARKETS.MARUTI SUZUKI INDIA EXEC SAYS WILL PHASE OUT ALL DIESEL CARS FROM APRIL 2020.  Full Article

Maruti Suzuki India CFO Says Planned Capex For This Fiscal Year Is 45 Bln Rupees
Thursday, 25 Apr 2019 

April 25 (Reuters) - Maruti Suzuki India Ltd Ajay Seth, CFO::MARUTI SUZUKI INDIA LTD EXEC SAYS PLANNED CAPEX FOR THIS FISCAL YEAR IS 45 BILLION RUPEES UP FROM 40 BILLION RUPEES LAST YEAR.MARUTI SUZUKI INDIA LTD EXEC SAYS EBITDA MARGIN FOR THE YEAR WAS 14 PERCENT DOWN FROM 15.9 PERCENT LAST YEAR.  Full Article

Maruti Suzuki India Says Overall Market Was Slow This Year
Thursday, 25 Apr 2019 

April 25 (Reuters) - Maruti Suzuki India Ltd ::SAYS "THIS WAS A DIFFICULT YEAR BECAUSE OF ADVERSE FOREIGN EXCHANGE RATES AND INCREASE IN COMMODITY PRICES".OVERALL MARKET WAS SLOW THIS YEAR, HAD TO BE SUPPORTED BY HIGHER SALES PROMOTION EXPENSES.SLOW OVERALL MARKET PARTIALLY OFFSET BY COST REDUCTION EFFORTS.  Full Article

Maruti Suzuki India Approves Reappointment Of Kenichi Ayukawa As CEO
Wednesday, 27 Mar 2019 

March 27 (Reuters) - Maruti Suzuki India Ltd ::APPROVED REAPPOINTMENT OF KENICHI AYUKAWA AS MANAGING DIRECTOR & CEO FOR 3 YEARS.  Full Article

Maruti Suzuki India To Recall 5,900 Super Carry Vehicles
Wednesday, 26 Dec 2018 

Dec 26 (Reuters) - Maruti Suzuki India Ltd ::SAYS MARUTI SUZUKI TO MARUTI SUZUKI TO PROACTIVELY RECALL 5900 SUPER CARRY VEHICLES.WILL INSPECT A POSSIBLE DEFECT IN FUEL FILTER OF 5900 SUPER CARRY VEHICLES MANUFACTURED BETWEEN 26TH APRIL - 1ST AUGUST 2018 .  Full Article

Maruti Suzuki India Says July Total Sales Fall Marginally
Wednesday, 1 Aug 2018 

Aug 1 (Reuters) - Maruti Suzuki India Ltd ::SAYS JULY TOTAL SALES OF 164,369 VEHICLES VERSUS 165,346 VEHICLES LAST YEAR.SAYS JULY TOTAL DOMESTIC SALES OF 154,150 VEHICLES VERSUS 154,001 VEHICLES LAST YEAR.SAYS JULY PASSENGER CARS SALES OF 112,131 VEHICLES VERSUS 111,803 VEHICLES LAST YEAR.SAYS JULY EXPORT SALES OF 10,219 VEHICLES VERSUS 11,345 VEHICLES LAST YEAR.  Full Article

Toyota, Suzuki Agree To Start Discussing Joint Projects For Technological Development, Vehicle Production
Friday, 25 May 2018 

May 25 (Reuters) - Maruti Suzuki India Ltd::TOYOTA AND SUZUKI AGREE TO START DISCUSSING JOINT PROJECTS FOR TECHNOLOGICAL DEVELOPMENT, VEHICLE PRODUCTION, AND MARKET DEVELOPMENT.  Full Article

Indian shares battered by budget outcome, global rout

July 8 Indian stock markets fell on Monday, in line with broader Asia on strong U.S. jobs data, while the government's move to tax share buybacks and increase minimum public shareholding in listed companies disappointed domestic investors.