Maruti Suzuki share price right now: Car maker crosses Rs 4 lakh crore market cap; stock zooms 50% in 12 months


Maruti Suzuki share price right now: Maruti Suzuki India’s shares surged 4% on Wednesday, hitting a recent 52-week excessive of Rs 12,722.70 on the (*12*) Stock Exchange (NSE). The firm now boasts a market capitalisation of Rs 4 lakh crore, becoming a member of an elite group of 13 different shares with related valuations above this mark.
These embrace Reliance Industries, Tata Consultancy Services, HDFC Bank, ICICI Bank, Bharti Airtel, State Bank of India, Infosys, LIC, ITC, HUL, L&T, Bajaj Finance, and HCL (*4*).
According to an ET report, Maruti Suzuki India’s stock has soared over 50% in the previous 12 months, with a 23% enhance in 2024 up to now. While its 1-year returns lag behind Nifty Auto’s 77%, it has outperformed the index year-to-date, as Nifty Auto’s returns stand at simply over 14% this 12 months. The surge in Maruti Suzuki India’s share price is partly attributed to the weakening Japanese yen, which hit a 34-year low in opposition to the greenback just lately.
Also Read | Top SME IPOs primarily based on returns: Why holding smaller shares for an extended length is sensible
The yen’s decline to 151.97 per greenback, the bottom since 1990, follows the Bank of Japan’s rate of interest hike after years of free financial coverage. Maruti advantages from the weaker yen as its import prices lower.
The firm posted sturdy December quarter numbers, with a consolidated web revenue enhance of over 33% to Rs 3,206.8 crore and a 14.5% YoY income development to Rs 33,512.8 crore.

Nilesh Desai
Nilesh Desai
The Hindu Patrika is founded in 2016 by Mr. Nilesh Desai. This website is providing news and information mainly related to Hinduism. We appreciate if you send News, information or suggestion.


Please enter your comment!
Please enter your name here

Share post:



More like this