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HomeINVESTMENTMassive Share Jump Today After Government Decision; New Exemption Is Expected

Massive Share Jump Today After Government Decision; New Exemption Is Expected

Maruti Suzuki India Ltd (NSE: MARUTI): The primary reason for the increase in the share price of Maruti Suzuki India Ltd is the choice of Uttar Pradesh. Buying a hybrid car in Uttar Pradesh has now become cheaper because the price of such cars has come down to Rs 4 lakh. 

The Uttar Pradesh government has announced to make the registration charges of these cars zero.

Know The Whole Matter

After this decision of the Yogi Adityanath government, the price of hybrid cars running on petrol, diesel, and battery has come down.

Around 100 hybrid vehicles were sold monthly throughout Uttar Pradesh during the last fiscal year. After the new announcement of the state government, instructions were given to keep hybrid vehicles at par with electric vehicles (EV).

Uttar Pradesh is one of the largest markets for electric vehicles in the country and this new exemption is expected to increase the sales of expensive hybrid vehicles here.

Strong hybrid cars complete short-distance journeys with electric motors only, while petrol-diesel engines are necessary for mild hybrid cars.

8% registration charges had to be paid on strong hybrid cars priced below Rs 10 lakh and 10% registration charges had to be paid on cars priced above this amount.

Now the ex-showroom price of these hybrid vehicles has come down by about 10% in Uttar Pradesh.

Maruti Suzuki India Ltd Stock Performance

Current Price₹ 12,821
52-wk High₹ 13,074 
52-wk Low₹ 9,254
5 Days Return6.71%
1 Month Return1.07%

Key Fundamentals Parameters

Market Cap₹ 4,03,096 Cr.
Stock P/E29.9
Book Value₹ 2,724
Dividend1.00 %
ROCE23.7 %
ROE18.3 %
Face Value₹ 5.00
P/B Value4.60
OPM13.1 %
EPS₹ 429
Debt₹ 119 Cr.
Debt to Equity0.00

Maruti Suzuki India Ltd Shareholding Pattern

Promoters Holding
Mar 202356.48%
June 202356.48%
Sept 202356.48%
Dec 202358.19%
Mar 202458.19%
FII Holding
Mar 202321.11%
Jun 202321.87%
Sep 202321.85%
Dec 202320.60%
Mar 202419.64%
DII Holding
Mar 202318.57%
Jun 202318.07%
Sep 202318.15%
Dec 202317.64%
Mar 202418.86%
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Govt. Holding
Mar 20230.06%
Jun 20230.06%
Sep 20230.06%
Dec 20230.06%
Mar 20240.06%
Public Holding
Mar 20233.78%
Jun 20233.51%
Sep 20233.45%
Dec 20233.50%
Mar 20243.24%

Maruti Suzuki India Ltd Share: Last 5 Years’ Financial Condition

Last 5 Years’ Sales:

2020₹ 75,660 Cr
2021₹ 70,372 Cr
2022₹ 88,330 Cr
2023₹ 117,571 Cr
2024₹ 141,858 Cr

Last 5 Years’ Net Profit:

2020₹ 5,678 Cr
2021₹ 4,389 Cr
2022₹ 3,880 Cr
2023₹ 8,211 Cr
2024₹ 13,488 Cr

Conclusion

This article provides a detail guide about Maruti Suzuki India Ltd share.

The information and forecasts provided result from the analysis of our research team, the company’s basics and history, experience and various technical analyses. 

Also, we’ve talked in depth about the shares’ prospects and growth possibilities.

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