Maruti Suzuki India Limited, formerly known as Maruti Udyog Limited, is an automobile manufacturer in India. Its the largest car maker in the country.
As of July 2018, it had a market share of 53% of the Indian passenger car market.
Maruti was established in February 1981 with production starting in 1983. As of May 2007, Government of India, through Ministry of Disinvestment sold its complete share to Indian financial institutions and no longer has any stake in Maruti Udyog.
Maruti got listed in 2003 after an IPO in which the price was fixed as Rs125/- per share.
IPO: JUNE 2003
IPO PRICE: Rs.125/- per share
Price on 22/10/2018: Rs.6732/- per share
As of July 2018, it had a market share of 53% of the Indian passenger car market.
Maruti was established in February 1981 with production starting in 1983. As of May 2007, Government of India, through Ministry of Disinvestment sold its complete share to Indian financial institutions and no longer has any stake in Maruti Udyog.
Maruti got listed in 2003 after an IPO in which the price was fixed as Rs125/- per share.
IPO: JUNE 2003
IPO PRICE: Rs.125/- per share
Price on 22/10/2018: Rs.6732/- per share
MARUTI SUZUKI STOCK PRICE JUNE 19, 2003 TO 22ND OCTOBER 2018 (SOURCE: NSE)
Maruti has followed a very successful business strategy to retain and gain marketshare.
- India centric portfolio and pricing.
- Cost efficient production model.
- Optimal cost of ownership.
- Present across most price segments.
(Source: Wikipedia, marutisuzuki.com, nseindia.com)
DISCLAIMER : THIS BLOG IS FOR INFORMATION AND NOT TO SOLICIT ANY BUSINESS. PAST PERFORMANCE IS NOT AN INDICATION OF THE
PERFORMANCE OF STOCK IN FUTURE.
