Maruti Suzuki is currently trading at Rs. 1163.00, up by 0.65 points or 0.05% from its previous closing of Rs. 1162.45 on the BSE.
The scrip opened at Rs. 1163.00 and has touched a high and low of Rs. 1169.95 and Rs. 1156.50 respectively. So far 5407 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1599.90 on 01-Nov-2010 and a 52 week low of Rs. 1087.15 on 24-Jun-2011.
Last one week high and low of the scrip stood at Rs. 1258.00 and Rs. 1133.30 respectively. The current market cap of the company is Rs. 33584.35 crore.
The promoters holding in the company stood at 54.21% while Institutions and Non-Institutions held 36.72% and 9.07% respectively.
Maruti Suzuki India, the country's largest carmaker is likely to roll out a global car by 2017, as it strengthens the R&D activities. The company will start working on a global car at its new R&D centre at Rohtak. The company will develop the car with some assistance from parent Suzuki Motor Corp, targeting the European and Japanese markets. The global car will be developed mainly by Indian engineers.
The car will be powered by an 800cc engine and will be positioned along with the company's current best seller 'Alto'. MSI is spending up to Rs 1,500 crore to set up a R&D centre at Rohtak, which will be SMC's only such significant centre outside Japan, to scale up its vehicle development programme and become self-reliant.
In the past, MSI engineers had participated in the development of global models, which have been introduced in India, such as Swift and Ritz. MSI is at present working on an indigenously developed small car for the Indian market that is likely to be launched next year.
| Company Name | CMP |
|---|---|
| Maruti Suzuki | 10784.50 |
| Mahindra & Mahindra | 2899.40 |
| Hyundai Motor India | 1758.85 |
| Mercury Metals | 87.00 |
| Hindustan Motors | 30.12 |
| View more.. | |
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