Maruti Suzuki drops over 3% ahead of exclusion from MSCI

Country's largest car maker Maruti Suzuki fell more than 3 percent in early trade on Thursday as the stock will be excluded from the MSCI India index, index provider MSCI said in a statement on Wednesday after completing its February index review.
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Feb 14, 2013, 01.03 PM | Source: Moneycontrol.com

Maruti Suzuki drops over 3% ahead of exclusion from MSCI

Country's largest car maker Maruti Suzuki fell more than 3 percent in early trade on Thursday as the stock will be excluded from the MSCI India index, index provider MSCI said in a statement on Wednesday after completing its February index review.

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Maruti Suzuki drops over 3% ahead of exclusion from MSCI

Country's largest car maker Maruti Suzuki fell more than 3 percent in early trade on Thursday as the stock will be excluded from the MSCI India index, index provider MSCI said in a statement on Wednesday after completing its February index review.

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Country's largest car maker Maruti Suzuki fell more than 3 percent in early trade on Thursday. The stock will be excluded from the MSCI India index, index provider said in a statement on Wednesday after completing its February index review.

The changes will take place of the close of trade on February 28, MSCI added.
 
At 10:27 hours IST, shares lost 2.94 percent to Rs 1,490.20 on Bombay Stock Exchange.

In the previous trading session too, the stock fell 1.48 percent to close at Rs 1,535.40. Shares tanked 9 percent in six consecutive sessions while declined 3 percent in last one month.

Maruti Suzuki stock price

On April 29, 2016, Maruti Suzuki India closed at Rs 3794.95, up Rs 46.50, or 1.24 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 25.08. 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 4.05.

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