Feb 20, 2013, 02.03 PM IST
RC Bhargava, Chairman, Maruti Suzuki Limited (MSIL), expects the company to close FY13 with 5.5-6% growth
Diesel deregulation annuls any chances of higher excise duty
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 December 10, 2013, Maruti Suzuki India closed at Rs 1750.20, down Rs 13.25, or 0.75 percent. The 52-week high of the share was Rs 1777.80 and the 52-week low was Rs 1217.00.
The company's trailing 12-month (TTM) EPS was at Rs 100.73 per share as per the quarter ended September 2013. The stock's price-to-earnings (P/E) ratio was 17.38. The latest book value of the company is Rs 615.03 per share. At current value, the price-to-book value of the company is 2.85.
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