Page 38 - Maruti Suzuki

GST, rising input costs hurt Maruti Q1 numbers

The net sales of country's biggest car maker expanded almost 17% to Rs 17,132 crore

Futuristic carmaker: Maruti Suzuki plants training workers, upgrading tech

The company aims to sell 2 million units annually

Maruti drives past combined m-cap of Tata Motors and M&M

Maruti Suzuki, the country's largest car maker, is now valued higher by the market than the combined one of the two other listed car makers, Tata Motors and Mahindra & Mahindra, for the first time. The Suzuki-owned car maker's market capitalisation hit Rs 2.25 lakh crore on Friday as its stock closed at a new high of Rs 7,451 on the BSE. The combined market cap of Tata Motors (Rs 1.348 lakh crore) and M&M (Rs 88,599 crore) amounted to Rs 2.23 lakh crore at Friday's close. With Friday's three per cent rally, Maruti has also emerged as the eighth most valued entity among those listed. It is now ahead of information technology major Infosys (Rs 2.17 lakh crore) and energy giant Oil and Natural Gas Commission (Rs 2.17 lakh crore). A month before, it had ranked 10th. A 12 per cent rally in the stock over four weeks has enabled Maruti to overtake Infosys, ONGC and Indian Oil. And, is valued higher than parent Suzuki. The stock has surged 79 per cent in 12 months on improving sales, .

Past 7K, Maruti Suzuki still has enough vroom to keep going

Strong product line & higher mix of premium vehicles will help improve margins & gain market share

Maruti Suzuki targets selling 3 lakh automatic cars annually by 2020

The company currently sells around 94,000 units per annum of vehicles with AGS

Maruti Swift outruns Alto as best selling hatchback in April

Seven of the company's models are among the top 10 best selling models in the Indian market

Maruti inches close to combined market cap of Tata Motors, M&M

A speedy ride in stock price has brought the market value of Maruti Suzuki, the country's largest car maker, quite closer to the combined market cap of two leading domestic auto makers- Tata Motors and M&M. The stock price of Suzuki promoted company closed at a new high of Rs 6,952 at the BSE on Tuesday, taking its market cap to Rs 210,024 crore, just about Rs 1,100 crore lower to the combined market cap of Rs 211,186 crore between Tata Motors (Rs 126,264 crore) and M&M (Rs 84,922 crore). Maruti's stock has surged 16 per cent in the new financial year which started last month. A key trigger behind the surge was the April sales volume which registered an increase of 19 per cent to a new monthly record of 151,215 vehicles. Another positive influence came in form of the record annual profit of Rs 7,337 crore for last year, up 37 per cent over FY16. Year after year it has shown a volume growth higher to average industry's performance. In FY17, its volumes grew by almost ten per ..

5 less known Maruti facts: Workers take 2,545 steps to finish every car

Maruti consumes about 70,000 litres of paint every day to colour the 5,000 cars manufactured daily

Maruti Suzuki opens bookings for all new Dzire

The model has been contributing to around 50% of vehicle sales in the compact sedan segment

Maruti Suzuki hits new high post April sales; m-cap crosses Rs 2 lakh crore

The stock up 2.7% at Rs 6,700, up 2.7% after MSIL reported domestic sales of 144,492 units in April

Maruti sells record 144,081 cars in April, domestic volumes up 23%

Maruti Suzuki has started the new financial year on a strong footing

Maruti Suzuki hits new high; m-cap inches closer to Rs 2 lakh crore mark

The stock moved higher by 3.3% to Rs 6,580, also its record high on the BSE.

Challenging FY17: Rising commodity, forex slow down Maruti's Q4 profit

However, full-year net up 37%, at record Rs 7,337 cr; board recommends dividend of Rs 75 a share

Maruti: Favourable product mix more important than before

While Maruti Suzuki may have beaten the demonetisation blues in terms of its sales volumes, March quarter (Q4) financial performance point to the intense competitive landscape, which is possibly holding it back from fully passing off cost pressure through price hikes. Consider this, even after its revenues grew by 20 per cent in Q4 to Rs 18,005 crore, beating analysts' expectations, Maruti's net profit grew by 15.8 per cent year-on-year to Rs 1,709 crore, lower than Bloomberg estimates of Rs 1,771 crore. It was also the slowest net profit growth in FY17.A large part of the pressure may be attributed to operating margins or profitability taking a hit in Q4 due to increasing costs of raw materials such as steel, aluminium and rubber and strengthening Japanese Yen against Indian rupee. Therefore, even if Maruti has undertaken cost reduction measures or improved its economies of scale, it didn't help arrest the fall in profitability. While a few analysts believe that the dip in ...

Maruti's most expensive car, S-Cross, crosses its first major milestone

It was after a long gap Maruti came up with a product that was priced well above Rs 1 million mark

Maruti 's new Dzire will roll out on 16 May: What to expect

Maruti Suzuki India's Dzire sales declined by 14.67% at 1,99,878 units in financial year 2016-17

Entry of new players will help us emerge stronger: Maruti Suzuki MD

Hoping to perform better than the industry in FY18, says Maruti Suzuki MD Kenichi Ayukawa

Maruti Suzuki to sell Ciaz through Nexa showrooms from April 1

Ciaz will join the existing NEXA line-up of S-Cross, Baleno and Ignis from April 1

6 Maruti models among top 10 best-selling PVs in Feb, Alto retains top spot

The company's compact sedan Dzire was second with 14,039 units compared with 13,888 in Feb 2016

Maruti Suzuki aims to improve upon own FY17 performance

Maruti Suzuki, the country's largest car maker, is drawing up an aggressive strategy for another year of double-digit growth in the domestic market. The company is set to bid the current financial year adieu with a growth rate of about 11 per cent in domestic sales on the back of products like Baleno and Brezza.The car manufacturer, which commands a 47 per cent share in the domestic passenger vehicle market, has seen an easing of capacity constraint after parent Suzuki inaugurated its plant in Gujarat last month."Our recent models like Baleno and Brezza are doing well. The network, including Nexa, is healthy and growing. The Gujarat plant will improve product availability. FY18 will be an important year in our medium-term goal of 2 million vehicle sales by 2020. Like in the past four-five years, we want to do better than the market next year," said Kenichi Ayukawa, managing director, Maruti Suzuki India.Maruti plans to launch two new models in FY18. The sustained demand for existing ..