Maruti Suzuki to advance maintenance shutdown to May 1, to May 9, 2021 from June

As part of the car manufacturing process, Maruti Suzuki uses a small amount of oxygen in its factories while relatively much larger quantities are used by the manufacturers of components. In the current situation, we believe that all available oxygen should be used to save lives. Accordingly, Maruti Suzuki has decided to advance its maintenance shutdown, originally scheduled for June, to 1st to 9th May. Production in all factories will close for maintenance during this period.

The Company has been informed that Suzuki Motor Gujarat has taken the same decision for its factory.

Shares of MARUTI SUZUKI INDIA LTD. was last trading in BSE at Rs.6558.2 as compared to the previous close of Rs. 6640.6. The total number of shares traded during the day was 83804 in over 10661 trades.

The stock hit an intraday high of Rs. 6705 and intraday low of 6540. The net turnover during the day was Rs. 553127647.

Source : Equity Bulls

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