Country's largest car maker Maruti Suzuki may look at splitting the stock following the recent sharp run in prices.
At the company's 35th AGM, chairman R C Bhargava said a proposal to this effect will be put before the board for consideration. Bhargava was responding to a query from one of the shareholders.
The company's stock has surged sharply in recent months on improved profitability and double digit growth in sales. It hit a new high of Rs 5,448.90 at the BSE today. With a market cap of over Rs 163,000 crore, the company is valued more than the parent Suzuki Motor Corp.
