Home / Markets / News / Maruti Suzuki India surges 11% in 2 days, nears 52-week high

Maruti Suzuki India surges 11% in 2 days, nears 52-week high

The stock was quoting higher for the fourth straight day and trading close to its 52-week high of Rs 8,400 touched on January 13, 2021

Premium

Maruti Suzuki India’s royalty payments to parent Suzuki Motor Corp, which used to be investors’ concern till three years ago, touched the lowest in a decade in the financial year ended March 31.

SI Reporter Mumbai

3 min read Last Updated : Nov 17 2021 | 2:08 PM IST

Shares of Maruti Suzuki India (MSIL) were up 4 per cent at Rs 8,347 on the BSE in Wednesday’s intra-day trade, surging 11 per cent in past two trading days on media reports that the company has received the state government's approval for setting up a third passenger vehicle manufacturing plant in Haryana in Sonipat district. The stock of car & utility vehicles maker were quoting higher for fourth straight trading day and were trading close to its 52-week high of Rs 8,400 touched on January 13, 2021.

Maruti already has two manufacturing plants in Haryana with a combined

Topics : Buzzing stocks Maruti Suzuki Market trends auto stocks Maruti Suzuki stocks

What you get on BS Premium?

Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
Pick your 5 favourite companies, get a daily email with all news updates on them.
Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
Preferential invites to Business Standard events.
Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.

VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in