Maruti Suzuki India Ltd to increase price in January 2023

Maruti Suzuki India Limited continues to witness increased cost pressure driven by overall inflation and recent regulatory requirements. While the company makes maximum effort to reduce cost and partially offset the increase, it has become imperative to pass on some of the impact through a price increase.

The Company has planned this price increase in January, 2023 which shall vary across models.

Shares of Maruti Suzuki India Limited was last trading in BSE at Rs. 8815.10 as compared to the previous close of Rs. 8956.40. The total number of shares traded during the day was 17525 in over 3410 trades.

The stock hit an intraday high of Rs. 8936.00 and intraday low of 8756.80. The net turnover during the day was Rs. 154650409.00.

Source : Equity Bulls

Keywords

MarutiSuzukiIndia INE585B01010 PriceIncrease January2023