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Maruti Suzuki gains on introducing BS6 compliant S-CNG variant of mini SUV-SPRESSO

  • bitnet infotech
  • June 23, 2020
  • 4:05 am

Maruti Suzuki India is currently trading at Rs. 5944.00, up by 46.30 points or 0.79% from its previous closing of Rs. 5897.70 on the BSE.

The scrip opened at Rs. 5900.00 and has touched a high and low of Rs. 5949.00 and Rs. 5900.00 respectively.

The BSE group ‘A’ stock of face value Rs. 5 has touched a 52 week high of Rs. 7755.00 on 29-Oct-2019 and a 52 week low of Rs. 4002.00 on 03-Apr-2020.

Last one week high and low of the scrip stood at Rs. 5970.00 and Rs. 5426.25 respectively. The current market cap of the company is Rs. 178157.76 crore.

The promoters holding in the company stood at 56.28%, while Institutions and Non-Institutions held 38.32% and 5.40% respectively.

Maruti Suzuki India has introduced the BS6 compliant S-CNG variant of its Mini SUV, S-PRESSO. The introduction of the S-CNG variant is in line with the company’s commitment to expand its green vehicle portfolio in the country, under its Mission Green Million. The SPRESSO factory fitted SCNG variant offers enhanced safety, improved performance and unmatched convenience.

As the first automobile player in the country to offer factory-fitted CNG cars over a decade back, today Maruti Suzuki has the largest portfolio of green cars on the road. The company has achieved highest ever sales of ecofriendly CNG powered cars in FY 2019-20. The Company sold 106,443 factory-fitted CNG vehicles across India. With green mobility in focus, Maruti Suzuki has witnessed 15.5% CAGR increase in its CNG sales in the past five years. This is a testimony to the company’s customers accepting technologically advanced, ecofriendly and safe mobility solutions.

Maruti Suzuki India (formerly known as Maruti Udyog) is an automobile manufacturer in India. It provides passenger cars, utility vehicles and vans. The firm also offers pre owned car sales, fleet management and car financing services.

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