Maruti Suzuki shares hit ₹13,000 for first time, stock up 26% YTD. What’s driving the rally?

SummaryThe jump in Maruti Suzuki’s shares indicate an optimistic market sentiment for the company ahead of the release of its Q4 results on April 26. The automobile major had reported a 15% YoY growth in domestic sales in March 2024.The shares of Maruti Suzuki, India’s largest car manufacturer in terms of market share, climbed to a record high on Tuesday, April 23. The stock peaked to ₹13,000 apiece on the National Stock Exchange (NSE), which is the highest scrip value scaled by the…
Read More…

Source: https://upstox.com/news/market-news/stocks/maruti-suzuki-shares-hit-indian-rupee13000-for-first-time-whats-driving-the-rally/