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.
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Dec 07, 2012, 03.54 PM | 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.

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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.

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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 May 27, 2016, Maruti Suzuki India closed at Rs 4141.35, up Rs 24.20, or 0.59 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 27.37. 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 4.42.

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