Feb 20, 2013, 02.03 PM IST | 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

Diesel deregulation annuls any chances of higher excise duty

RC Bhargava


Maruti Suzuki

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 July 22, 2014, Maruti Suzuki India closed at Rs 2512.80, down Rs 25.5, or 1 percent. The 52-week high of the share was Rs 2663.00 and the 52-week low was Rs 1217.00.

The company's trailing 12-month (TTM) EPS was at Rs 92.13 per share as per the quarter ended March 2014. The stock's price-to-earnings (P/E) ratio was 27.27. The latest book value of the company is Rs 707.16 per share. At current value, the price-to-book value of the company is 3.55.

Set email alert for


video of the day

See 8000 Nifty by Dec, bullish energy, cap goods: Religare

Explore Moneycontrol

Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.