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    MARUTI   INE585B01010

MARUTI SUZUKI INDIA LTD

(MARUTI)
  Report
Delayed NSE India Stock Exchange  -  05/20 07:16:36 am EDT
7586.60 INR   +2.46%
05/20Inflation crimps Indian firms as rural millions cut spending
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05/16Maruti Suzuki finalises land site for new manufacturing plant in Haryana
AQ
05/15Maruti Suzuki Plans $1.4 Billion Investment to Build New Manufacturing Plant in Haryana, India
MT
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Maruti, Axis Bank help Indian shares break 5-day losing streak

01/25/2022 | 05:40am EDT
A man walks past the Bombay Stock Exchange (BSE) building in Mumbai

BENGALURU, Jan 25 (Reuters) - Indian shares snapped their worst losing streak in more than 10 months on Tuesday, helped by top domestic car maker Maruti Suzuki soaring on better-than-expected margins and Axis Bank on the back of strong earnings.

The blue-chip NSE Nifty 50 index closed 0.75% higher at 17,277.95, while the S&P BSE Sensex climbed 0.64% to 57,858.15, after five straight sessions of heavy losses driven by foreign investor selling.

The indexes fell as much as 1.9% earlier in the session, in line with global peers, driven by tensions between the West and Russia over Ukraine and expectations of a more hawkish U.S. Federal Reserve.

Maruti Suzuki posted a bigger-than-expected drop in quarterly profit. But its shares surged 6.8% as a series of price hikes last year, aimed at mitigating rising material costs, helped improve margins.

Axis Bank ended 6.8% higher on its best day in nearly a year after the private-sector lender beat estimates for quarterly profit.

Oil-to-retail conglomerate Reliance Industries, India's most valuable company, settled 0.2% lower after falling as much as 3% earlier in the session.

The Nifty IT index, the biggest casualty of the recent sell-off, ended down 0.33%, marking its seventh straight session of losses.

Among individual stocks, India's No. 2 telecom operator Bharti Airtel climbed 3.2% after saying it would consider a preferential share issue. Local media reported that Alphabet Inc's Google may subscribe to the issue.

Nifty component Cipla closed up 1.5% ahead of its quarterly results.

Indian markets are closed on Wednesday for a holiday and will resume trading on Thursday. (Reporting by Chris Thomas in Bengaluru; Editing by Ramakrishnan M.)


© Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
ALPHABET INC. -1.34% 2178.16 Delayed Quote.-24.81%
AUSTRALIAN DOLLAR / US DOLLAR (AUD/USD) 0.28% 0.7052 Delayed Quote.-3.01%
AXIS BANK LIMITED 3.55% 673.2 End-of-day quote.-0.79%
BHARTI AIRTEL LIMITED 2.11% 687.7 End-of-day quote.0.56%
BRITISH POUND / US DOLLAR (GBP/USD) -0.03% 1.2483 Delayed Quote.-7.89%
CANADIAN DOLLAR / US DOLLAR (CAD/USD) 0.14% 0.7794 Delayed Quote.-1.43%
CIPLA LIMITED 4.31% 978.4 Delayed Quote.3.63%
EURO / US DOLLAR (EUR/USD) 0.22% 1.05713 Delayed Quote.-6.97%
INDIAN RUPEE / US DOLLAR (INR/USD) -0.59% 0.012844 Delayed Quote.-3.79%
MARUTI SUZUKI INDIA LTD 2.46% 7586.6 Delayed Quote.2.16%
NEW ZEALAND DOLLAR / US DOLLAR (NZD/USD) 0.38% 0.64048 Delayed Quote.-6.67%
NIFTY 50 2.89% 16266.15 Delayed Quote.-6.27%
NIFTY 500 2.54% 13895.05 Delayed Quote.-7.34%
NIFTY IT 1.54% 28789.4 Delayed Quote.-25.61%
RELIANCE INDUSTRIES LTD 5.83% 2624.45 Delayed Quote.10.82%
S&P GSCI PETROLEUM INDEX 0.35% 405.6679 Real-time Quote.48.16%
SENSEX 30 2.91% 54326.39 Real-time Quote.-6.74%
US DOLLAR / RUSSIAN ROUBLE (USD/RUB) 0.00% 61.75 Delayed Quote.-17.11%
All news about MARUTI SUZUKI INDIA LTD
05/20Inflation crimps Indian firms as rural millions cut spending
RE
05/16Maruti Suzuki finalises land site for new manufacturing plant in Haryana
AQ
05/15Maruti Suzuki Plans $1.4 Billion Investment to Build New Manufacturing Plant in Haryana..
MT
05/13India's biggest carmaker Maruti to set up manufacturing plant in north
RE
05/13Maruti Suzuki India Limited Finalises Land Site for New Manufacturing Plant in Haryana
CI
05/05INDIA'S LEADING NETWORK OF PROFESSIO : Mobile app and website for customer convenience
AQ
05/03Nomura Adjusts Maruti Suzuki India's Price Target to 8,627 Indian Rupees From 9,113 Rup..
MT
05/02Maruti Suzuki India's Consolidated Net Profit Rises in Fiscal Q4
MT
05/02Maruti Suzuki India's April Production Declines
MT
05/02MARUTI SUZUKI INDIA : Newspaper Advertisements
PU
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Analyst Recommendations on MARUTI SUZUKI INDIA LTD
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Financials
Sales 2022 877 B 11 269 M 11 269 M
Net income 2022 35 920 M 462 M 462 M
Net cash 2022 424 B 5 453 M 5 453 M
P/E ratio 2022 64,5x
Yield 2022 0,66%
Capitalization 2 292 B 29 453 M 29 453 M
EV / Sales 2022 2,13x
EV / Sales 2023 1,68x
Nbr of Employees 16 025
Free-Float 43,6%
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Technical analysis trends MARUTI SUZUKI INDIA LTD
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Income Statement Evolution
Consensus
Mean consensus -
Number of Analysts 0
Last Close Price 7 586,60
Average target price
Spread / Average Target -
EPS Revisions
Managers and Directors
Hisashi Takeuchi Chief Executive Officer & Managing Director
Ajay Seth Chief Financial Officer
Ravindra Chandra Bhargava Non-Executive Chairman
Rajesh Uppal Chief HR & Information Technology Officer
C. V. Raman Chief Technical Officer
Sector and Competitors
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