Maruti Suzuki’s decline in production by 9.6%

Maruti Suzuki’s decline in production in April was 9.6% on a year-on-year basis.

In April 2018, Maruti produced 1,47,669 vehicles in the same period of 2019 compared to 1,63,368 vehicles. Compact vehicles (DZire, Baleno, Swift, Silario, Ignis) produced 0.44% lower than 83,709 units to 83,411 units.

On the other hand, Maruti’s total passenger vehicle production declined by 11.9%, mid-range vehicles production by 25.7% and production of small vehicles like Alto and Wagon-R was 37.1%.

However, Maruti Suzuki’s light commercial vehicles (super carriages) production increased 48.5% to 2,967 units against 1,998 units. Maruti’s utility vehicle production grew by 8.4%, while the decline in van production was recorded at 25.8%.

On the other hand, Maruti Suzuki’s share in the BSE fell to Rs 6,649.00 from the previous closed level of 6,631.75 rupees and till now it has slipped to the lowest level of Rs 6,625.00. At around 3pm, Maruti’s shares are trading at Rs 6,643.85, with a rise of Rs 12.10 or 0.18%. At this price, Maruti Suzuki’s market capitalization is Rs 2,00,697.46 crore. At the same time, its last 52-week peak is Rs 9,922.85 and the low level is Rs 6,324.35.

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