The stock was the biggest gainer among the Sensex firms.
Shares of Maruti Suzuki India
were in the limelight today, climbing nearly 4 per cent, taking its market
valuation higher by ₹ 10,519.95 crore.
The stock rallied 3.61 per cent
to settle at ₹ 9,994.5 apiece on the BSE. During the day, it jumped 4 per cent
to a 52-week high of ₹ 10,036.70.
On the NSE, it moved up by 3.55
per cent to end at ₹ 9,990.1 per piece. During the day, shares of the carmaker
advanced 4 per cent to reach its 52-week high of ₹ 10,036.95.
The stock was the biggest gainer
among the Sensex firms.
The company's market valuation
climbed ₹ 10,519.95 crore to ₹ 3,01,913.92 crore on the BSE, in line with a
surge in its share price.
Maruti Suzuki India (MSI) today
launched the new Invicto at introductory prices ranging from ₹ 24.8-Rs 28.4
lakh as it looks to gain a foothold in the premium three-row multi-purpose
vehicle segment.
The company is looking to double
its turnover to around ₹ 1.68 lakh crore by 2030-31 from the FY22 level
in line with parent Suzuki Motor Corporation's global growth strategy, company
Managing Director and CEO Hisashi Takeuchi said on Wednesday.
The company expects India to
"play a very big role" in Suzuki Motor Corporation's goal to achieve
a global turnover of ₹ 4.32 lakh crore in FY30-31, which would be exactly
double the turnover of ₹ 2.16 lakh crore achieved in FY21-22, he said.
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Maruti Suzuki India clocked net sales of ₹ 83,798 crore in 2021-22. Takeuchi was speaking at the sidelines of the company's launch of premium multi-purpose vehicle Invicto, marking the mass market carmaker's entry in the over ₹ 20 lakh segment.
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