The stock of the country's largest passenger vehicle maker, Maruti Suzuki India (MSIL), has been hitting successive all-time highs over the past three trading sessions. The rally in the scrip has helped it notch over a 21 per cent gain since the start of February, outperforming the National Stock Exchange Nifty Auto Index. The gains for the leader of small passenger cars have been more recent, as the company still trails the Nifty Auto over one- and two-year periods.
Seven years after it announced Nexa, there's no mistaking the seriousness with which Maruti wants the segment to grow, says Pavan Lall.
The company has adopted a smart move here by not pulling out the original Swift Dzire.
Maruti India seems to be setting an example for the industry with cars that are cheaper yet their fuel efficiency and performance is second to none.
Maruti India started year 2012 with a bang and launched 5 cars, and promises to launch five more this year.
Maruti Alto or Hyundai Eon? The comparison is here!
Hyundai eyes sales of three lakh units this year.
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