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The stock opened at ₹2,283.95 against the previous close of ₹2,265.25 and rose 2.6 per cent to the intraday high of ₹2,324.60 in trade so far

However, the stock cooled off slightly and around 10:35 am, it was up 2.24 per cent at ₹925.85

The new price will come into effect from March 6, Sunday, the company said.

Maruti Suzuki India, Tata Motors, Toyota Kirloskar Motor, Honda Cars, Skoda and Audi also plan for the price rise.