Maruti Suzuki India posts 9% drop in wholesales at 1,39,347 units in Dec

Maruti Suzuki India Ltd on Sunday reported a 9 per cent decline in total wholesales at 1,39,347 units in December 2022 compared to the year-ago month. The company had clocked a total sales of 1,53,149 units in the same month in 2021, Maruti Suzuki India (MSIL) said in a statement. Total domestic wholesales were at 1,13,535 units last month as against 1,26,031 units in December 2021, down 9.91 per cent, it added. Sales of mini cars comprising Alto and S-Presso were lower at 9,765 units as compared to 16,320 units in the year-ago month. Similarly, sales of compact cars consisting of models such as Baleno, Celerio, Dzire, Ignis, Swift, Tour S and WagonR were lower at 57,502 units as against 69,345 units in December 2021, it said. On the other hand, utility vehicles such as Brezza, Ertiga, S-Cross, XL6 and Grand Vitara clocked higher sales last month at 33,008 units as against 26,982 units in the year-ago period. "The shortage of electronic components had some impact on the productio
01-01-2023

Near-term challenges stay for autos but outlook positive; top picks by Sharekhan

Maruti Suzuki, Eicher among top bets for Sharekhan by BNP Paribas. Monthly dispatches of the automobile sector are expected to grow YoY in December, while declining MoM led by seasonality and production constraints
30-12-2022

Maruti Suzuki slips 3%, hits over 5-month low

The taxes on motor vehicles in India have historically been among the highest in the world and need to be rationalised, MSIL Chairman RC Bhargava said at an event on Monday.
21-12-2022
Bigul

Maruti Suzuki India seeks correct accounting of GHG emission benefits of ethanol

CEO Takeuchi says in the journey of decarbonisation, bio-fuels like ethanol are set to play a major and significant role
13-12-2022
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MARUTI SUZUKI INDIA LTD. - 532500 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

Aligned to Government's clean and green initiatives, Maruti Suzuki unveils India's first mass segment Flex Fuel prototype car
12-12-2022

Mahindra Scorpio-N SUV scores 5 stars in GNCAP crash test while Maruti Suzuki Swift, Ignis score 1 star

The Mahindra Scorpio-N was tested with two frontal airbags and ABS, but did not have standard Electronic Stability Control (ESC) or side curtain airbags
12-12-2022
Bigul

MARUTI SUZUKI INDIA LTD. - 532500 - Intimation Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015

Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
07-12-2022

Are midcaps a good buy in this market? Neeraj Dewan of Quantum Securities answers

"Valuation wise what Maruti has been trading on last 10-15 years average it is already trading above that, so that valuation comfort, which was there earlier in automotive stocks especially Maruti is not there, so I would actually prefer Mahindra & Mahindra in this slot where valuation wise it is much more attractive than where Maruti is."
06-12-2022
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