Maruti Suzuki India rose 0.91% to Rs 3,493 at 9:06 IST on BSE after the company announced that it has launched its first compact urban sport utility vehicle Vitara Brezza at a striking price point.
The announcement was made after market hours yesterday, 8 March 2016.On BSE, so far 8,746 shares were traded in the counter, compared with an average volume of 80,250 shares in the past one quarter. The stock hit a high of Rs 3,500 and a low of Rs 3,441.15 so far during the day. The stock hit a record high of Rs 4,789 on 23 November 2015. The stock hit a 52-week low of Rs 3,202.10 on 29 February 2016.
The large-cap company has an equity capital of Rs 151.04 crore. Face value per share is Rs 5.
Maruti Suzuki India (MSIL) announced that it has launched its first compact urban sport utility vehicle (SUV), Vitara Brezza, at a striking price point. Bookings for the Vitara Brezza also opened yesterday, 8 March 2016 at the company's 1,799 dealer network across the country, MSIL said. With Vitara Brezza, MSIL is now present across all critical segments of the passenger vehicle market, the company said in a statement. The introductory price for the base variant of Vitara Brezza is Rs 6.99 lakh ex-showroom Delhi and Rs 7.35 lakh ex-showroom Mumbai.
Maruti Suzuki India's net profit rose 27.1% to Rs 1019.30 crore on 20.4% growth in net sales to Rs 14767.70 crore in Q3 December 2015 over Q3 December 2014.
Japanese parent Suzuki Motor Corporation held 56.21% stake in Maruti Suzuki India (as per the shareholding pattern as on 31 December 2015).
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