Maruti Suzuki India gained 0.31% to Rs 3,561 at 9:35 IST on BSE after the company said that it unveiled the refreshed edition of its bestseller DZire with over 13% improved fuel efficiency on 23 February 2015.
The company made announcement after market hours yesterday, 23 February 2015.
Meanwhile, the S&P BSE Sensex was up 28.63 points or 0.1% at 29,003.74.
On BSE, so far 785 shares were traded in the counter as against average daily volume of 38,515 shares in the past two weeks.
The stock hit a high of Rs 3,573 and a low of Rs 3,555 so far during the day. The stock had hit a record high of Rs 3,758 on 28 January 2015. The stock had hit a 52-week low of Rs 1,551 on 4 March 2014.
The stock had underperformed the market over the past one month till 21 February 2015, falling 1.63% compared with 1.04% fall in the Sensex. The scrip had, however, outperformed the market in past one quarter, gaining 6% as against Sensex's 2.26% rise.
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The large-cap car maker has equity capital of Rs 151.04 crore. Face value per share is Rs 5.
Aggressively priced at Rs 5.07 lakh onwards, the new DZire sports contemporary styling, superior comfort & convenience features and enhanced fuel efficiency. Besides, the new DZire is being introduced in four new body colours and will be available in both, petrol and diesel fuel options, Maruti Suzuki said.
Pegged as India's most fuel efficient car the new DZire returns a mileage of 26.59 kilometers per liter (kmpl) on diesel, up by around. 13%. The petrol trim comes with a fuel efficiency improvement of over 9% with a certified fuel efficiency of 20.85 kmpl. (fuel efficiency is as certified by Test Agency under Rule 115 of CMVR 1989).
The petrol versions of car is priced from Rs 5.07 lakhs to Rs 6.80 lakhs, while diesel versions are priced from Rs 5.99 lakhs to Rs 7.81 lakhs, ex-showroom Delhi.
Maruti Suzuki's net profit rose 17.8% to Rs 802.16 crore on 15.4% rise in total income to Rs 12704.72 crore in Q3 December 2014 over Q3 December 2013.
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