Car prices will not increase: RC Bhargava

RC Bhargava, Chairman, Maruti Suzuki Limited (MSIL), expects the company to close FY13 with 5.5-6% growth
  • Language
  • App
  • Subscriptions
  • Specials
  • Sign-In
  • Register
GeStepAhead Realasset
moneycontrol.com

Home » News » Business

Feb 20, 2013, 02.03 PM | Source: CNBC-TV18

Car prices will not increase: RC Bhargava

RC Bhargava, Chairman, Maruti Suzuki Limited (MSIL), expects the company to close FY13 with 5.5-6% growth

Like this story, share it with millions of investors on M3

Car prices will not increase: RC Bhargava

RC Bhargava, Chairman, Maruti Suzuki Limited (MSIL), expects the company to close FY13 with 5.5-6% growth

Post Your Comments

Share Cancel

Diesel deregulation annuls any chances of higher excise duty

- RC Bhargava (Chairman)

RC Bhargava, chairman, Maruti Suzuki (MSIL), expects the company to close FY13 with 5.5-6 percent growth. He says that though the auto sector will remain under pressure in 2013, he does not anticipate car prices to be hiked anytime soon. Stating that diesel deregulation annuls any chances of higher excise duty, he feels labour troubles will continue till companies settle wage issues with workers.

Maruti Suzuki India’s sales dipped in FY12 because of the workers’ strike at its Manesar plant.

Maruti Suzuki stock price

On May 25, 2016, at 13:20 hrs Maruti Suzuki India was quoting at Rs 4038.00, up Rs 120.50, or 3.08 percent. The 52-week high of the share was Rs 4789.00 and the 52-week low was Rs 3202.10.


The company's trailing 12-month (TTM) EPS was at Rs 151.33 per share as per the quarter ended March 2016. The stock's price-to-earnings (P/E) ratio was 26.68. The latest book value of the company is Rs 936.03 per share. At current value, the price-to-book value of the company is 4.31.

Ads by Google

Buy, Hold, Sell ? Hear it first on M3
Car prices will not increase: RC Bhargava

See all

Get started using your favorite social network

or

Login using moneycontrol ID

Username
Password

Need help logging in? Reset password.

Don´t have an account? Sign Up

Get started using your favorite social network

or

Simply sign up using this short form

* mandatory

UserName*

Username should be atleast 4 character

Password*

Password should be 8 or more characters,
atleast 1 number, 1 symbol & 1 upper case letter

Alert

Your Password should contain
  • 8 or more characters
  • At least 1 number
  • At least 1 symbol
  • At least 1 upper case letter
Confirm Password*
Email
Already have an account? Login