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Reuters Market Eye - Shares in Maruti Suzuki India gains 3.4 percent on media reports of price hike in January.
Dealers say January may see a lot of auto manufactures going for price hike after December inventory gets sold off.
General Motors Co's Indian unit said on Thursday it will increase car prices in the country by 1-3 percent from January due to high input costs and currency fluctuation.
Maruti Suzuki stock price
On August 22, 2014, Maruti Suzuki India closed at Rs 2784.35, up Rs 14.80, or 0.53 percent. The 52-week high of the share was Rs 2823.95 and the 52-week low was Rs 1217.00.
The company's trailing 12-month (TTM) EPS was at Rs 96.45 per share as per the quarter ended March 2014. The stock's price-to-earnings (P/E) ratio was 28.87. The latest book value of the company is Rs 694.45 per share. At current value, the price-to-book value of the company is 4.01.
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