Maruti Suzuki India shares edge down in weak market session

9 articles · Updated · MarketWatch · May 8

The stock fell 0.30% to 13,725.40 rupees on Friday as the BSE Sensex dropped 0.66% to 77,328.19.
Maruti Suzuki still outperformed Ashok Leyland and Eicher Motors, which fell 1.29% and 0.40%, while Atul Auto gained 1.10%.
The shares closed 20.99% below their 52-week high of 17,371.60 rupees, and trading volume of 22,986 was below the 50-day average of 36,395.

Despite record sales, Maruti's stock is lagging. What hidden pressures are challenging the undisputed king of India's roads?

As rivals race ahead in the EV market, can Maruti Suzuki's massive distribution network still guarantee its future dominance in India?