Slideshow | Bandhan Bank and Maruti among 10 buying ideas for 10-39% returns
Brokerages bet on these 10 stocks for 10-39 percent return.15-05-2020
15-05-2020
Brokerages cut earnings estimates for Maruti
Kotak Institutional Equities has maintained its sell' call on the stock.14-05-2020
MARUTI SUZUKI INDIA LTD. - 532500 - Shareholding for the Period Ended March 31, 2020
Maruti Suzuki India Ltd has submitted to BSE the Shareholding Pattern for the Period Ended March 31, 2020. For more details, kindly Click here14-05-2020
MARUTI SUZUKI INDIA LTD. - 532500 - Fixes Book Closure for Dividend & AGM
Maruti Suzuki India Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from August 15, 2020 to August 26, 2020 (both days inclusive) for the purpose of Payment of Dividend & Annual General Meeting (AGM) of the Company to be held on August 26, 2020.The dividend payment date is August 31, 2020 subject to the approval of the shareholders in the ensuing annual general meeting.14-05-2020
Maruti's margins a cause of concern: Axis Securities
Management needs to provide more clarity on labour dislocation'13-05-2020
Earnings Call Transcript - Q4FY20 for Maruti Suzuki India
Conference Call with Maruti Suzuki Management and Analysts on Q4FY20 and Full Year Earnings Performance and Outlook. Listen in to the full earnings transcript. Highlights from Ajay Seth, CFO Financial year 2019-20 began with considerable challenges with sluggish economic growth in India and worldwide. Weak credit growth and challenges in the financial sector slowed down economic expansion. This slowed down overall demand environment. The government of India and RBI took some bold measures, and the economic environment started to show improvement in the latter part of 2019-20. However COVID19 brought the economy to a screeching halt. For the auto sector, all negative factors struck together with full force. We have not witnessed such a huge demand contraction. Major factors that affected the sales: increase in selling price due to regulation, increase in insurance premium and taxes, reduced credit availability and increased downpayment requirements. Uncertainties among customers such as anticipation of GST reduction, shifts from BSIV to BSVI, kept customers indecisive. At the end of the year COVID19 brought sales to a halt. The company increased efforts to reach out to customers. Targeted digital outreach was kept up. To ensure credit availability, the company tied up with leading commercial banks and rural banks. Maruti tied up with finance companies like Bank of Baroda, Kotak Mahindra, HDFC Finance and so on. The company sold 8 lakh BSVI vehicles during the year. The company launched new models to cater to growing interest in the EV space. The shift towards petrol vehicles is more obvious now, with diesel share now falling below 20% market share. Petrol vehicle sales account for 94% of sales in Q4FY20. There is growing interest in CNG vehicles as well. The company saw exports decline 6%, exporting 1,200,171 vehicles. Domestic and export together saw volume decline overall of 16.1% in FY20. Capacity utilization fell much below that of the previous year. Higher sales plus weak utilization together significantly impacted profit margins. The company partially offset this by cost reduction measures. Net sales in FY20 saw a decline of 13.7% over last year. Net profit fell by 24.7% compared to last year. In Q4FY20 saw volumes fall by 16%. Net sales fell by 17.1% and net profit fell by 28.1% YoY in this quarter.13-05-2020
MARUTI SUZUKI INDIA LTD. - 532500 - Announcement under Regulation 30 (LODR)-Acquisition
AGREEMENT WITH SUMITOMO CORPORATION - JAPAN & SUMITOMO CORPORATION INDIA PRIVATE LIMITED13-05-2020
MARUTI SUZUKI INDIA LTD. - 532500 - Supply Of Another Product To Toyota Kirloskar Motor Pvt. Ltd.
Supply of another product to Toyota Kirloskar Motor Pvt. Ltd.13-05-2020
MARUTI SUZUKI INDIA LTD. - 532500 - Announcement under Regulation 30 (LODR)-Change in Directorate
Appointment of Independent Director13-05-2020
Maruti Suzuki Reports 28% Decline In Fourth Quarter Profit
The company's net profit fell to Rs 1,292 crore for the three months ended March 31, compared with Rs 1,796 crore a year earlier13-05-2020