Maruti Shares Fall On Union Trouble At Gurgaon Plant

Shares in Maruti dropped despite markets gaining ground on reports of Union trouble brewing at the company's Gurgaon plant.

Maruti Shares Fall On Union Trouble At Gurgaon Plant
Maruti Suzuki India: Quotes, News
BSE 13766.95BSE Quote46.4 (-0.34%)
NSE 13770.00NSE Quote48 (-0.35%)
The Times of India reported that Kuldeep Janghu, general secretary of the powerful Maruti Udyog Kamgar Union (MUKU) was suspended after a scuffle he had with a manager who was supervising workers.

The shares of Maruti were last trading lower by 1 per cent at Rs 3970 on the National Stock Exchange. The company has had a history of problems at some of its plants in the past.

A few years back Maruti had labour problems at its Manesaar plant and had even threatened shutting down the plant.

GoodReturns.in

Notifications
Settings
Clear Notifications
Notifications
Use the toggle to switch on notifications
  • Block for 8 hours
  • Block for 12 hours
  • Block for 24 hours
  • Don't block
Gender
Select your Gender
  • Male
  • Female
  • Others
Age
Select your Age Range
  • Under 18
  • 18 to 25
  • 26 to 35
  • 36 to 45
  • 45 to 55
  • 55+