At close of trade, the company's market capitalisation stood at Rs 1,58,902.37 crore on the BSE.
On Monday, the car manufacturer resumed operations at its Gurugram plant in Haryana after about 55 days of closure because of the coronavirus-led lockdown
With the SOPs in place, over 1,350 Maruti Suzuki showrooms, and over 300 True Value outlets are operational now
During the quarter, Maruti sold a total of 385,025 vehicles, lower by 16% over the same period previous year
During the quarter, Maruti sold a total of 385,025 vehicles, lower by 16% over the same period previous year
Maruti Suzuki's stock tumbled 41.35 per cent in Q4FY20 as compared to the 29.42 per cent decline in Nifty50 index in the same period
Plan to cut down payments, offer digital shopping & doorstep delivery
From the time a customer walks into the showroom till the final delivery of the vehicle, all processes have been scientifically studied, says the company
The Nifty Auto index fell 7.33 per cent as compared to 5.1 per cent decline in the Nifty50 index
Ashok Leyland and Hero MotoCorp surged over 10 per cent each
Incentive hikes, credit period extension among steps taken to support them during corona crisis
Supply chain glitches and unavailability of labour also a deterrent
At present, traders are advised to keep following stock-specific approach
At the index level, the Nifty Auto index was down 1.4 per cent as compared to 1.3 per cent decline in the Nifty50 index
Amid the nationwide lockdown to check the Covid-19 spread, India will quietly transition to BS-VI, the most stringent emission standard for the automobile industry anywhere in the world
The company would work with AgVa Healthcare to rapidly scale up production of ventilators with intention of reaching a volume of 10,000 units per month, it added.
Firm says it had begun upgrading its engines to BS VI in 2016 after Govt announced the 2020 deadline. At that time, Indian auto sector hadn't even shifted to BS IV completely
Maruti Suzuki India (MSI) on Monday said it has launched BS-VI compliant CNG version of its multi-purpose van Eeco, priced between Rs 4.64 lakh and Rs 5.06 lakh (ex-showroom Delhi). The company had first introduced Eeco in January 2010 and has sold around 6.7 lakh units of the model till date. "The multi-purpose van has earned the distinction of being ideal for family travel, while simultaneously being a dependable business vehicle. Taking forward its legacy, Eeco BS6 S-CNG is designed to deliver optimum performance, safety, engine durability, convenience and mileage," MSI Executive Director (Marketing & Sales) Shashank Srivastava said in a statement. The Eeco CNG variant comes equipped with factory fitted S-CNG kit which is calibrated to deliver optimum performance and enhanced drivability across all kinds of terrains, the statement said. Maruti Suzuki Eeco is offered in a wide range of 12 variants with 5-seater, 7-seater, cargo and ambulance options. Having already sold 1 ...
The company increased production of its mini cars comprising Alto, and S-Presso by 5.16 per cent at 29,676 units as against 28,221 units in the year-ago month.
Domestic sales dropped 1.6 per cent to 1,36,849 units last month as against 1,39,100 units in February 2019