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  4. Maruti Suzuki shares hit four-year high

Maruti Suzuki shares hit four-year high

New Delhi, Jan 7: Maruti Suzuki shares jumped 3.3 per cent to hit a four-year high on Monday on hopes of better earnings due to good sales for passenger vehicles. Due to depreciation of Japanese

India TV Business Desk Published : Jan 07, 2013 12:58 IST, Updated : Jan 07, 2013 13:00 IST
maruti suzuki shares hit four year high
maruti suzuki shares hit four year high

New Delhi, Jan 7: Maruti Suzuki shares jumped 3.3 per cent to hit a four-year high on Monday on hopes of better earnings due to good sales for passenger vehicles. Due to depreciation of Japanese Yen, margins were also believed to go higher.




CLSA's upgrade of Maruti Suzuki to 'buy' from 'sell' also helped boost the stock, traders said.

At 12:58 am, Maruti shares were up 3.11 per cent at Rs 1,592.
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