Maruti Suzuki India (MSIL) rose 0.59% to Rs 5,509.30 after the car major said it collaborated with IndusInd Bank to arrange attractive finance schemes for car buyers.
MSIL on Tuesday (16 June) said IndusInd Bank has offered a variety of finance options including low EMI scheme, step-up and balloon payment options and funding 100% on-road price for the vehicles.
MSIL is engaged in the manufacture, purchase and sale of motor vehicles, components and spare parts (automobiles). Its consolidated net profit rose 4.13% to Rs 1,586.90 crore on a 3.8% increase in net sales to Rs 19,655.50 crore in Q3 December 2019 over Q3 December 2018.
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