Maruti Suzuki India Ltd Share Price (MARUTI)

Maruti Suzuki Shares Hit Record High Ahead of Q4 Results - 23 Apr, 2024

Shares of Maruti Suzuki India Ltd crossed Rs 13,000 mark for the first time, up 26% YTD, ahead of its Q4 results on April 26. Analysts expect strong performance driven by healthy growth in passenger vehicle segment and rationalisation of hybrid taxation. Out of 50 analysts tracking Maruti, 40 have a Buy recommendation.

Maruti Suzuki Develops EV SUV With Toyota - 22 Apr, 2024

Maruti Suzuki collaborates with Toyota to develop an electric SUV in India, while also planning to launch a feature-rich 2024 Dzire sedan.

Maruti Suzuki and Toyota to Launch Sixth Shared Product in India - 21 Apr, 2024

Maruti Suzuki and Toyota are set to launch their sixth shared product in India, the Taisor. The collaboration has already produced successful models like the Glanza, Urban Cruiser, Hyryder, Invicto, and Rumion MPV.

Maruti Suzuki Swift Receives Significant Updates for 2024 - 19 Apr, 2024

The 2024 Maruti Suzuki Swift will feature a brand-new Z-Series petrol engine, 6 airbags as standard, and significant exterior and interior updates. The hatchback received a 4-star rating in the Japan New Car Assessment Programme (JNCAP) crash test.

Maruti Suzuki's New Launches & Price Hike - 18 Apr, 2024

Maruti Suzuki is set to launch new-gen Swift and Dzire with major updates. Bernstein maintains an outperform rating on Maruti Suzuki and raises target price to Rs 14,400. Maruti Suzuki Swift gets a price hike of up to Rs 39,000 ahead of next-gen launch.

Maruti Suzuki Faces Tax Demand, Expected to Lead Growth in OEMs Segment - 17 Apr, 2024

Maruti Suzuki is facing a tax demand of Rs 2.5 crore from CESTAT Chandigarh for a four-year period, which it plans to contest in the country's highest court. The automaker is also expected to lead the growth in the OEMs segment due to favorable import conditions.

Maruti Suzuki India Reports Growth in Revenue and Production Milestone - 16 Apr, 2024

Maruti Suzuki India is expected to report double-digit growth in revenue and margin while achieving a production milestone of 30 million vehicles in India. The highly-anticipated 2024 Maruti Suzuki Swift is set to make its debut in May, while the company aims to increase production capacity to 4 million units by FY2030.

Maruti Suzuki Set to Launch New-Gen Swift in India - 15 Apr, 2024

Maruti Suzuki is preparing to launch the updated Swift in India next month, featuring a fresh look, upgraded features, and mild-hybrid technology. The hatchback will compete with the Hyundai Grand i10 Nios and Tata Tiago. The new Swift boasts several design updates, including LED headlights and redesigned tail lights, as well as safety features such as six airbags.

Maruti Suzuki Commissions Additional Assembly Line at Manesar Facility - 14 Apr, 2024

Maruti Suzuki India has commissioned an additional vehicle assembly line at its Manesar facility, increasing manufacturing capability to 9 lakh vehicles per annum. The automaker also led the passenger vehicle segment with a shipment of 2,80,712 units in FY24.

Maruti Suzuki EV Spotted; Exports 18 Models - 13 Apr, 2024

Maruti Suzuki is set to launch its upcoming eVX electric SUV soon in India. The company also exported 18 models to around 100 countries, including key markets in Africa, Latin America, Asia, and the Middle East.

Maruti Suzuki Aims to Export 800,000 Units by 2030 - 12 Apr, 2024

Maruti Suzuki India Ltd aims to export 800,000 units by 2030 as part of its strategic expansion strategy. In FY24, the company achieved a historic milestone in exports, reaching 283,067 units.

Maruti Suzuki Dominates Indian PV Market; Hikes Prices of Swift and Grand Vitara - 11 Apr, 2024

Maruti Suzuki maintains its dominance in the Indian passenger vehicle market with sales of 17,59,881 units in FY24. The company expands its NEXA portfolio to seven models, including the popular Baleno. Maruti Suzuki also increases the prices of Swift and Grand Vitara. Its hybrid cars, Grand Vitara and Invicto, remain among the top-selling affordable hybrids in India.

Maruti Suzuki Reports Strong Q3 Results, Increases Manufacturing Capacity - 10 Apr, 2024

Maruti Suzuki India Ltd has reported a strong Q3 FY24 result with a 33.27% YoY increase in consolidated net profit. The company also announced a price hike for its Swift hatchback and select variants of the Grand Vitara SUV. Additionally, it has increased its total manufacturing capacity from 2.25 million units to 2.35 million units with a new assembly line at its Manesar plant. Analysts expect further growth in Q4 FY24.

Maruti Suzuki's Production Capacity Expanded; Morgan Stanley Raises Target Price - 09 Apr, 2024

Maruti Suzuki India has expanded the production capacity of its Manesar facility by 100,000 units per annum. Morgan Stanley raised the target price on the stock to ₹14,322 and expects it to rally further. The company aims to double its capacity to 4 million vehicles per annum over the next 7-8 years.

Maruti Suzuki Aims to Boost Exports Significantly; Tops Retail Sales in India - 08 Apr, 2024

Maruti Suzuki targets significant export growth, aiming for 3 lakh units by FY24-25 and 8 lakh units by 2030. The company also topped retail sales of passenger vehicles in India for FY24 with 1.6 million units sold. Other news includes the launch of Toyota Urban Cruiser Taisor, Manoj Gautam succeeding Rajesh Uppal as IT Head, and Nuvama Institutional Equities predicting revenue growth for Maruti.

Maruti Suzuki Targets Significant Export Growth - 07 Apr, 2024

Maruti Suzuki India is confident of surpassing 3 lakh units in overseas shipments for FY25 as part of a strategic scaling process aiming for up to 8 lakh units by 2030. The company plans to introduce additional models across its expansive export markets while also bolstering its distribution network.

Maruti Suzuki India Ltd Stock Up by 24% in Last Three Months - 06 Apr, 2024

Maruti Suzuki India Ltd's stock has seen a significant increase of 24% over the last three months. The company's financial indicators, specifically ROE, have been studied to determine its long-term market outcomes.

Maruti Suzuki Announces Top Management Reshuffle Amid Expansion Plans - 05 Apr, 2024

Maruti Suzuki has surpassed a significant production milestone, announced a major top management reshuffle, and stands to benefit from potential tax rationalisation on hybrid vehicles. Additionally, Partho Banerjee has been appointed as Senior Executive Officer - Marketing and Sales.

Maruti Suzuki Expands Footprint in Indian Auto Market - 04 Apr, 2024

Maruti Suzuki is making strong inroads in India's SUV and off-roader segments, expanding into untapped rural auto markets, building a robust network of sales and service points, introducing dealership inventory funding, and collaborating with Toyota. The company has also surpassed the three crore units production milestone and digitized its customer service. Analysts have mixed views on the stock, with Macquarie maintaining a neutral call and Morgan Stanley retaining an overweight rating.

Maruti Suzuki Achieves Production Milestone, Plans Expansion - 03 Apr, 2024

Maruti Suzuki achieved the milestone of producing over 30 million vehicles in India. The company plans to expand its annual production capacity to 4 million units by FY 2030-31 with two new greenfield plants. Maruti Suzuki also offered discounts on its Nexa range, while its overall volume grew by 10% YoY last month. The board will consider Q4FY24 results and dividend later this month.