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MarketScreener Homepage  >  Equities  >  NATIONAL STOCK EXCHANGE OF INDIA  >  Maruti Suzuki India Ltd    MARUTI   INE585B01010

MARUTI SUZUKI INDIA LTD

(MARUTI)
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Maruti Suzuki India : Baleno drives past four glorious years; over 6.5 lakh delighted customers

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11/27/2019 | 10:44am EST

New Delhi : Maruti Suzuki NEXA's premium hatchback Baleno celebrates its 4th year anniversary with over 6.5 lakhs happy customers. Launched in October 2015 and a true symbol of 'Make in India,' the premium hatchback Baleno has enjoyed unparalleled leadership in its segment. Customers are delighted upon driving the Baleno owing to its unique Liquid Flow Design, Best in class cabin, cutting edge technology features packed with class-leading safety.

Aligning to its customer demands, new Baleno with the Next Generation Smart Hybrid technology was introduced in January 2019 offering Idle Start Stop (ISS) and power re-generation. Baleno is also country's first BS6 compliant premium hatchback.

Commenting on the 4th year benchmark, Mr. Shashank Srivastava, Executive Director, Marketing & Sales, Maruti Suzuki India Limited, said 'Baleno since inception has been a leader. Retailed from our premium channel NEXA, Baleno attracted new set of customers to Maruti Suzuki family. Baleno is the perfect choice for those looking for a premium hatchback. Continuous alignment with our customer's expectations and desires along with periodic technological upgrades has kept Baleno ahead of the curve. It has been our constant endeavour through the years to introduce new technology and add attractive features to make the Baleno the most aspired for hatchback in the market.'

Built on NEXA's values of Create and Inspire, Baleno is the fastest premium hatchback to reach the 6-lakh milestone in the country. Customers can buy Baleno from over 360 NEXA showrooms in more than 200 cities and towns across India.

Baleno with bold looks and unique liquid flow design has redefined the premium compact segment. It comes with technologically advanced features such as new 17.78 cm Smartplay infotainment system, multi information display and the option of CVT transmission. Its class-leading comfort and driving pleasure with high safety standards makes Baleno, the most preferred choice among new age customers.

Issued by:

Corporate Communications,

Maruti Suzuki India Limited,

1, Nelson Mandela Road,

Vasant Kunj, New Delhi

Ph: 91-11-4678 1000

Email: corp.comm@maruti.co.in

Website: www.nexaexperience.com

Twitter: @maruti_corp ; @nexaexperience

(C) 2019 Electronic News Publishing, source ENP Newswire

Stocks mentioned in the article
ChangeLast1st jan.
MARUTI SUZUKI INDIA LTD -0.36% 6756.6 End-of-day quote.-6.17%
SUZUKI MOTOR CORPORATION -1.89% 4930 End-of-day quote.7.71%
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Financials (INR)
Sales 2020 788 B
EBIT 2020 46 262 M
Net income 2020 60 936 M
Finance 2020 382 B
Yield 2020 1,18%
P/E ratio 2020 33,4x
P/E ratio 2021 26,4x
EV / Sales2020 2,11x
EV / Sales2021 1,88x
Capitalization 2 041 B
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Last Close Price 6 756,60  
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Managers
NameTitle
Kenichi Ayukawa Chief Executive Officer, Executive Director & MD
Ravindra Chandra Bhargava Non-Executive Chairman
Ajay Seth CFO & Senior Executive Officer-Finance
Masami Nishio Executive Officer-Finance & Information Technology
Rajesh Uppal Senior Executive Officer-Human Resources & IT
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