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Maruti Suzuki

Maruti Suzuki launches limited edition of Swift

in Stock-News

ShareMaruti Suzuki India, country`s largest car manufacturer today launched limited edition of Swift, the iconic premium small car brand. The limited edition car is branded – `Swift one million edition`. The `Swift one million edition` is available in Vi version (petrol) at a price of Rs 4,83,079 (ex-showroom, Delhi). Only 1,000 units of this celebrations [...]

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Maruti tracking CNG road map to launch cng variants

in Stock-News

Share India’s top car maker Maruti Suzuki today said it was closely tracking the road map of the Compressed Natural Gas (CNG) outlets in the country to launch CNG variants of its popular vehicles. The company is planning to launch soon factory-fitted CNG variants of its five bestsellers — Alto, compact cars Estilo and WagonR, [...]

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Markets rise most in 6 wks; ICICI up 3.9%

Nifty

ShareIndian shares notched their best single-day percentage-point gain in 6 weeks to close 1.2% higher on Monday, boosted by in-line corporate earnings, strong July auto sales and a pick up in manufacturing expansion, with firm world equities also supporting sentiment. Financials led the gains with top private lender ICICI Bank rising as much as 4.2% [...]

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Maruti Suzuki –Buy- Kotak Securities

Broker tips

ShareMaruti Suzuki India (MSIL) is the largest player in the Indian car market with 50% market share. MSIL is way ahead of its competitors with its strong brand equity and excellent dealer network. Indian car industry is at the cusp of strong long term growth and the entry of global auto giants in the Indian [...]

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Maruti Suzuki –Sell- Anand Rathi

Broker tips

ShareIn April 2010, Maruti Suzuki posted robust volume growth of 29.7% y-o-y (declining 2.2% m-o-m) to 93,058 units. This is the smallest mom decline ever for MS for April over March. It has thus sustained the run-rate for the past three months for April as well. Volume growth was driven by domestic demand growing 23% [...]

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Maruti shares hit 6 month low, pull back, on recall

Stock-News

ShareThe company’s shares initially fell about 2% to Rs1,310 but quickly pulled into positive territory and then eased again Shares in Maruti Suzuki pulled back after sliding to a six-month-low early on Wednesday, a day after India’s top carmaker said it was recalling 100,000 of its A-Star hatchbacks sold overseas and in India. Maruti, in [...]

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Maruti Suzuki : Stock Recommendations

Broker tips

ShareMaruti Suzuki India (MSI) reported robust volume growth in November 2009 (of 66.6% y-o-y and 2.8% m-o-m) to 87,807 units. The low base of November 2008 has inflated the y-o-y growth figure. However, we are impressed by the m-o-m 6.7% domestic sales growth, which is the highest mom growth in November for MSI since FY04. [...]

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