The stock gained shortly after the price cut update and was trading at Rs 12,441.45 per share on the NSE, up 0.31 percent.
The CNG trim of the model, which is based on the latest generation of Alto K10, is tagged at Rs 5.7 lakh.
Both the models scored zero stars for child occupant protection as per the Global NCAP's latest round of crash tests.
The affected Maruti models are Alto K10, S-Presso, Eeco, Brezza, Baleno and Grand Vitara. The recall is being undertaken to inspect and replace Airbag Controller .
The highest priced AMT trim accounts for 34% of the bookings, followed by VXi+, VXi at 28% each, LXi 8% and the base version 2%
Semiconductor supplies have reached 95 percent levels and not 100 percent and the situation may remain the same for the entire second quarter of FY23, said Shashank Srivastava
Depending on the variant, the ex-showroom price in Delhi and NCR region shall vary from Rs 3.65 lakh to Rs 4.44 lakh.
Maruti Suzuki India said as many as 20,427 units of its premium crossover model S-Cross need possible replacement of a faulty brake part and announced a 'free service campaign' to rectify the problem
Alto 800 variants with driver airbag are priced between Rs 2.62 lakh and 3.78 lakh while Alto K10 is priced between Rs 3.45 lakh and Rs 4.08 lakh (ex-showroom Delhi).
The company had introduced the auto gear shift (AGS) technology in the country through its small car Celerio, which was launched in February 2014.
The company has added that there is no concern if the right hand side door, both front and rear, is completely latched. If the door is half-latched, then the door may open if pressure is applied from inside, it said.
The company will proactively inspect and replace the 'right hand door latch assembly' of 19,780 units of Alto 800 and 13,318 units of Alto K10, Maruti Suzuki India (MSI) said in a statement. "From customer perspective, there is no concern if the right hand side door (front and rear) is completely latched.
Rohit Paradkar pits the new Alto K10 of Maruti Suzuki against the Hyundai Eon. For more watch accompanying video.
Maruti Suzuki launched the new Alto K10 in India at Rs 3.06 lacs ex-showroom.
Country's largest car maker Maruti Suzuki India is investing up to Rs 4,000 crore in the next 2-3 years in key areas like product development, R&D and marketing infrastructure, a senior MSIL official said today.
The new version comes with Maruti‘s automatic transmission technology first seen in the Celerio
Auto industry body SIAM has lowered its auto sales growth forecast for FY13 to 0-1 percent, but warnings of sluggish demand is not stopping Maruti Suzuki from hiking prices or going in for new launches.
Reports of a possible price hike for Maruti Suzuki cars were doing the round. RC Bhargava, Chairman of Maruti Suzuki however, told CNBC-TV18 that he cannot comment on the issue.