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Maruti Suzuki Mcap crosses ₹4 lakh cr, shares locked at over 3% upper circuit

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Maruti Suzuki Share Price Today: Shares of India’s largest car manufacturer were locked at over three per cent upper circuit to hit a 52-week high mark of 12,724.95 apiece on the BSE earlier today as the firm’s market capitalisation (Mcap) breached 4 lakh crore-mark in intra day trade.

On Wednesday, March 27, shares of Maruti Suzuki opened at 12,265.05 and gained 3.74 per cent to hit a 52-week high of 12,724.95 apiece on the BSE. Shares settled 2.16 per cent higher at 12,520.30 apiece on the BSE. During the day, the automaker’s market valuation jumped to 4,00,075.70 crore mark. At the close of trade, the Mcap remained at 3,94,575.23 crore.

Maruti Suzuki Q3 Results

Maruti Suzuki reported over 33 per cent jump in its consolidated net profit for the quarter ended December 2023 at 3,206.8 crore compared to 2,406.1 crore reported in the year-ago period. The automaker’s revenue for the quarter came in at 33,512.8 crore compared to 29,251.1 crore in the year ago, registering a 14.5 per cent YoY growth.

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Published: 27 Mar 2024, 07:47 PM IST

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