1 week Ago
Maruti Suzuki shares gained 1.71 per cent to ₹1,2039.85 at 11.
37 AM on the BSE on Friday following the company’s announcement of its December 2024 production figures. According to its exchange filing, Maruti Suzuki produced 157,654 vehicles in December 2024, compared to 121,028 units in the same month of 2023. Production of passenger vehicles reached 155,553 units, a 29.
8 per cent jump from December 2023. The “Mini + Compact” segment, comprising popular models like Alto, Swift, and WagonR, continued to drive production with 77,524 units. Utility vehicles, including Brezza, Ertiga, and Jimny, also saw robust growth, contributing 64,212 units to the overall production.
Furthermore, production of Super Carry, Maruti Suzuki’s popular LCV, reached 2,101 units in December 2024. This strong production performance from Maruti Suzuki reflects the positive momentum in the Indian automotive market. The company’s focus on expanding its product portfolio, particularly in the growing SUV and utility vehicle segments, appears to be paying off.
The stock hit a 52-week high of ₹13,675.00 on August 1, 2024 and a low of ₹9,738.40 on January 18, 2024 on the BSE.
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