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Dec 07, 2012, 03.54 PM IST | Source: Reuters

Maruti, Tata Motors rise on price hike hopes

Reuters Market Eye - Shares in Maruti Suzuki India gains 3.4 percent on media reports of price hike in January.

Maruti, Tata Motors rise on price hike hopes

Reuters Market Eye - Shares in Maruti Suzuki India gains 3.4 percent on media reports of price hike in January.

Among other auto gainers, Tata Motors rises 2.1 percent while Mahindra and Mahindra gains 2.1 percent.

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 November 28, 2014, Maruti Suzuki India closed at Rs 3336.10, up Rs 73.35, or 2.25 percent. The 52-week high of the share was Rs 3397.60 and the 52-week low was Rs 1541.25.


The company's trailing 12-month (TTM) EPS was at Rs 102.82 per share as per the quarter ended September 2014. The stock's price-to-earnings (P/E) ratio was 32.45. 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 4.80.

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