Announcement

Collapse
No announcement yet.

Maruti Overtakes Japanese Parent Suzuki In Market Value

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Maruti Overtakes Japanese Parent Suzuki In Market Value

    Maruti Suzuki has achieved a feat no other Indian company with a foreign parent has ever done. The nation's No. 1 automaker has outgrown Suzuki Motor in market value. Maruti's stock surged 65% in the past year, swelling its market capitalisation to $19.73 billion (Rs 1.26 lakh crore) based on Tuesday's closing stock price of Rs 4,158.80 on the Bombay Stock Exchange. Japanese parent Suzuki is valued at $19 billion. Maruti has recently also ousted Tata Motors as India's most valuable automotive company.
Working...
X