Maruti Suzuki shares surge over 6% as UP govt waives registration fee for hybrid cars
Maruti Suzuki shares gained over 6% on Tuesday, July 9, on the news that the Uttar Pradesh government had announced a registration fee waiver for hybrid cars.
Maruti Suzuki shares gained over 6% on Tuesday, July 9, on the news that the Uttar Pradesh government had announced a registration fee waiver for hybrid cars.
The auto major has added a vehicle assembly line to the existing Plant-A of the three manufacturing plants functioning at Manesar, in Haryana
This strategic move will grant Maruti Suzuki a commanding equity stake of over 6.44% in Amlgo Labs, solidifying its position in the realm of technological innovation
The country's largest carmaker had dispatched 1,67,520 units in October 2022
Total sales in the month include domestic sales of 153,106 units, sales to other OEM of 5,726 units and exports of 22,511 units
Maruti Suzuki's board approved the issuance of equity shares to the SMC on Tuesday
Maruti Suzuki expects the demand for exports to continue to grow and export volumes are projected at 7.5 lakh to 8