EQUITY
Maruti Suzuki India inches up on reporting 4.7% increase in total sales in April 2024
May-02-2024

Maruti Suzuki India is currently trading at Rs. 12807.50, up by 1.05 points or 0.01% from its previous closing of Rs. 12806.45 on the BSE.

The scrip opened at Rs. 12762.85 and has touched a high and low of Rs. 12840.00 and Rs. 12520.00 respectively. So far 6910 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 13066.85 on 24-Apr-2024 and a 52 week low of Rs. 8605.30 on 02-May-2023.

Last one week high and low of the scrip stood at Rs. 13048.90 and Rs. 12520.00 respectively. The current market cap of the company is Rs. 402906.90 crore.

The promoters holding in the company stood at 58.19%, while Institutions and Non-Institutions held 38.57% and 3.24% respectively.

Maruti Suzuki India has reported a 4.7 per cent increase in total sales at 1,68,089 units in April 2024. The company had dispatched a total of 1,60,529 units to its dealers in the same month last year. Total domestic passenger vehicle sales were 1,37,952 units in April 2024 compared to 1,37,320 units in the year-ago period. Sales of mini segment cars, comprising Alto and S-Presso, declined to 11,519 units in April 2024 as against 14,110 units in April 2023. 

Sales of compact cars, including Baleno, Celerio, Dzire, Ignis, Swift and WagonR, also fell to 56,953 units in April 2024 over 74,935 units in the year-ago month. Utility vehicles, consisting of Brezza, Ertiga, Fronx, Grand Vitara, Invicto, Jimny and XL6, clocked sales of 56,553 units in April 2024 from 36,754 units earlier. Sales of vans were 12,060 units in April as against 10,504 units a year ago, while that of light commercial vehicle Super Carry stood at 2,496 units from 2,199 units in April 2023. The company’s exports in April 2024 stood at 22,160 units compared to 16,971 units in the same month last year. 

Maruti Suzuki India is an automobile manufacturer in India. It provides passenger cars, utility vehicles and vans. The firm also offers pre-owned car sales, fleet management and car financing services. 

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