Maruti Suzuki and Hyundai Motor Shares Saw a Rise of ~3% in Early Trade Amid Rising Festive Demand

On September 23, 2025, shares of leading carmakers in India, Maruti Suzuki India Ltd. and Hyundai Motor India, are on investors’ radar after witnessing a notable spike in customer interest and vehicle deliveries on the first day of Navratri. The surge aligns with the recent implementation of the GST 2.0 reforms

Maruti Suzuki Reports Best Navratri Start in 35 Years

Maruti Suzuki announced a record-breaking response over the weekend, receiving approximately 80,000 inquiries and delivering nearly 30,000 passenger vehicles on Sunday alone. The company described it as its strongest Navratri opening in 35 years.

Since announcing additional price cuts on September 1, beyond the reductions from the revised GST structure, the automaker has recorded over 75,000 new bookings, averaging around 15,000 per day, a 50% increase over typical booking volumes.

Maruti Suzuki shares opened ~3% higher, reaching a daily high of ₹16,272.45 at 09:20 AM, after opening at ₹16,130.05 on BSE.

Also Read: GST Rate Cut: Maruti Swift, Dzire, Baleno, Fronx and Brezza Prices Reduced By Up To ₹1.10 Lakh

Hyundai Motor Posts Best Single-Day Sales in Five Years

Hyundai Motor India echoed similar sentiments, attributing its strong performance to both Navratri's auspicious beginning and the positive market sentiment driven by the GST 2.0 reforms. On the first day of Navratri, Hyundai reported around 11,000 dealer billings, marking its highest single-day sales performance in five years.

Hyundai Motors shares opened with gains of over 2%, reaching a day high of ₹2,839.95 at 09:20 AM.

Strategic Price Cuts Boost Festive Demand

To further capitalise on the festive sentiment, Maruti Suzuki recently passed on the full benefit of the revised GST rates to customers, along with temporary promotional discounts, particularly targeting entry-level models to attract two-wheeler owners.

Hyundai, too, rolled out festive offers earlier this month, aiming to tap into the increased buyer sentiment during this key sales period.

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