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<\/div>\nThe company’s market valuation went up by Rs 10,520 crore.<\/p>\n<\/div>\n
New Delhi: <\/b><\/p>\n
Shares of Maruti Suzuki India were in the limelight today, climbing nearly 4 per cent, taking its market valuation higher by Rs 10,519.95 crore.<\/p>\n
The stock rallied 3.61 per cent to settle at Rs 9,994.5 apiece on the BSE. During the day, it jumped 4 per cent to a 52-week high of Rs 10,036.70.<\/p>\n
On the NSE, it moved up by 3.55 per cent to end at Rs 9,990.1 per piece. During the day, shares of the carmaker advanced 4 per cent to reach its 52-week high of Rs 10,036.95.<\/p>\n
The stock was the biggest gainer among the Sensex firms.<\/p>\n
The company’s market valuation climbed Rs 10,519.95 crore to Rs 3,01,913.92 crore on the BSE, in line with a surge in its share price.<\/p>\n
Maruti Suzuki India (MSI) today launched the new Invicto at introductory prices ranging from Rs 24.8-Rs 28.4 lakh as it looks to gain a foothold in the premium three-row multi-purpose vehicle segment.<\/p>\n
The company is looking to double its turnover to around Rs 1.68 lakh crore by 2030-31 from the \u00a0FY22 level in line with parent Suzuki Motor Corporation’s global growth strategy, company Managing Director and CEO Hisashi Takeuchi said on Wednesday.<\/p>\n
The company expects India to “play a very big role” in Suzuki Motor Corporation’s goal to achieve a global turnover of Rs 4.32 lakh crore in FY30-31, which would be exactly double the turnover of Rs 2.16 lakh crore achieved in FY21-22, he said.<\/p>\n
Maruti Suzuki India clocked net sales of Rs 83,798 crore in 2021-22. Takeuchi was speaking at the sidelines of the company’s launch of premium multi-purpose vehicle Invicto, marking the mass market carmaker’s entry in the over Rs 20 lakh segment.\u00a0
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(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)<\/i><\/p>\n<\/div>\n