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Maruti Suzuki zooms 6% on car price hike

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SI Reporter Mumbai
Last Updated : Jan 21 2013 | 1:39 AM IST

Maruti Suzuki has rallied 6% to Rs 1,063 on reports that the company has raised prices of all its vehicles by 0.3-3.4% due to high input costs and rupee depreciation.

“India's top carmaker, has raised prices of all its vehicles by 0.3-3.4 percent due to adverse foreign exchange movements and a rise in commodity prices,” a Reuters report suggests.

A combined 824,642 shares have changed hands on the counter till 1118 hours on the NSE and BSE.

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First Published: Jan 17 2012 | 11:32 AM IST

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