Maruti Suzuki India shares slip 1.77% in market downturn
Updated
Updated · MarketWatch · May 11
Maruti Suzuki India shares slip 1.77% in market downturn
12 articles · Updated · MarketWatch · May 11
The stock closed at 13,482.30 rupees on Monday as the BSE Sensex fell 1.70% to 76,015.28.
Maruti Suzuki ended 22.39% below its 52-week high of 17,371.60 rupees reached on 5 January.
Its performance was mixed against peers: Ashok Leyland dropped 4.18%, Eicher Motors 1.32% and Atul Auto 1.20%, while trading volume of 24,277 stayed below the 50-day average of 36,778.
As geopolitical fears tank its stock, can Maruti Suzuki’s record sales signal a surprising market rebound?
With the oil crisis hitting hard, is Maruti's gradual EV shift a fatal flaw or a calculated masterstroke?