Maruti Suzuki Share Price Gain Over 3% After Strong December Sales

Shares of Maruti Suzuki rose by more than 3% on Wednesday after the automaker reported a robust 30% year-on-year (YoY) increase in December 2024 car sales, reaching 1,78,248 units compared to 1,37,551 units in December 2023.

Strong Sales Performance

In its latest stock exchange filing, Maruti Suzuki India Limited announced that its total sales for December 2024 stood at 1,78,248 units. This includes:

• Domestic Sales: 1,32,523 units.
• Sales to Other OEMs: 8,306 units.
• Exports: A record-high monthly export figure of 37,419 units.

The impressive performance highlights the automaker’s strong demand across domestic and international markets, reinforcing its leadership position in the Indian automobile sector.

Stock Reaction

On January 01, 2025, Maruti Suzuki India share price traded 3.13% higher at ₹11,198.05 at 2:54 PM (IST). Maruti Suzuki India share price reached a 52-week high of ₹13,675 on August 01, 2024 , and a 52-week low of ₹9,738.40 on January 18, 2024. As per BSE, the total traded volume for the stock stood at 9463 shares with a turnover of ₹10.45 crore.

At the current price, Maruti Suzuki India Shares are trading at a price-to-earnings (P/E) ratio of 25.65x, based on its trailing 12-month earnings per share (EPS) of ₹436.50, and a price-to-book (P/B) ratio of 4.03, according to exchange data. The stock has a beta value of 0.66, indicating its volatility in relation to the broader market.

Shareholding Details

As of September 30, 2024, promoters held a 58.19% stake in Maruti Suzuki India shares, while Foreign Institutional Investors (FIIs) owned 17.68%, and Domestic Institutional Investors (DIIs) held 20.75%.

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