For Quick Alerts
Subscribe Now  
For Quick Alerts
For Daily Alerts

Maruti Rallies On Hike In FII Stake


Shares in Maruti Suzuki rallied after the Reserve Bank of India (FII) hiked the FII limit to 40 per cent in the company from 24 per cent.

Maruti Rallies On Hike In FII Stake
Maruti Suzuki India: Quotes, News
BSE 6250.00BSE Quote43.05 (0.69%)
NSE 6254.35NSE Quote45.8 (0.73%)
Maruti has been an out performer this year with the shares seeing a sharp rally after the company has managed to chalk out improved results quarter-on-quarter.

Fall in inputs costs has also helped the company post a better performance. The stock of Maruti was last trading higher by one per cent at Rs 4353. Maruti is the nation's top passenger car maker, which has managed to have a solid stranglehold in the markets for many years now.

The company plans a rapid expansion to increase its market share and has also entered various segments to boost sales.

Read more about: maruti rbi fii
Story first published: Tuesday, September 15, 2015, 11:47 [IST]
Company Search
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more