Maruti Suzuki Shares in Focus After Launch of All-New Dzire

On November 11, 2024, Maruti Suzuki India, launched the latest model of its popular Dzire compact sedan in India, a new Dzire with a 5-star Global NCAP safety rating.
Fuel Efficiency and Advanced Safety Features
The petrol variant offers a fuel economy of 24.79 km/l in the Petrol MT version, while the S-CNG variant provides an even higher efficiency of 33.73 km/kg. This exceptional fuel performance ensures cost-effectiveness and long-term savings for its owners.
It includes 6 airbags, 3-point ELR seatbelts, and ESP® with Hill Hold Assist, providing enhanced stability and control. The car also comes with ABS with EBD, ensuring optimal braking performance, and ISOFIX child seat anchorages for added safety of younger passengers.
In October 2024, Maruti Suzuki India Limited achieved its highest-ever monthly sales volume, reaching a total of 206,434 units.
Within the compact sub-segment—which includes popular models like the Baleno, Celerio, Dzire, Swift, Ignis, and WagonR—the company recorded sales of 65,948 units. This marks a decrease compared to October 2023, when sales in this segment stood at 80,662 units.
According to financial results released in late October, Maruti Suzuki India reported a 17% year-on-year decline in net profit for the second quarter of FY25.
Maruti Suzuki India Share Price Performance
On November 11, 2024, Maruti Suzuki share price settled at ₹11,404.95. The share opened at ₹11,310.70 on BSE.
About Maruti Suzuki India
Maruti Suzuki India Limited is the leading automobile manufacturer in India, renowned for its wide range of cars that cater to various segments, including hatchbacks, sedans, SUVs, and compact cars. Established in 1981, it is a subsidiary of the Japanese automaker Suzuki Motor Corporation. Maruti Suzuki has a dominant presence in the Indian automotive market, known for producing affordable, fuel-efficient, and reliable vehicles.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.
Published on: Nov 11, 2024, 5:18 PM IST
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