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.
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Maruti Overtakes Japanese Parent Suzuki In Market Value
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