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Maruti Suzuki stock rises as company shares first teaser of e Vitara SUV

Maruti Suzuki stock rises as company shares first teaser of e Vitara SUV

The e Vitara is built on the HEARTECT-e platform specially designed for Battery Electric Vehicles (BEV).

Aseem Thapliyal
Aseem Thapliyal
  • Updated Dec 20, 2024 1:39 PM IST
Maruti Suzuki stock rises as company shares first teaser of e Vitara SUVMaruti Suzuki E Vitara Electric SUV: Maruti stock gained 1.06% to Rs 11,072.40 against the previous close of Rs 10954.95 on BSE. Market cap of the firm stood at Rs 3.45 lakh crore.

Shares of Maruti Suzuki India Ltd rose 1% on Friday even as the car maker informed that it would introduce its first eBorn - e VITARA, in India at Bharat Mobility Global Expo 2025. Maruti stock gained 1.06% to Rs 11,072.40 against the previous close of Rs 10954.95 on BSE. Market cap of the firm stood at Rs 3.45 lakh crore. Total 4058 shares of the firm changed hands amounting to a turnover of Rs 4.46 crore.

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In a year, the stock rose 9% and gained 29% in two years.

The e Vitara is built on the HEARTECT-e platform specially designed for Battery Electric Vehicles (BEV). The car is equipped with state-of-the-art technology and advanced safety features which will enable e VITARA to offer a superior driving experience, said Maruti.

Partho Banerjee, Senior Executive Officer, Marketing & Sales, Maruti Suzuki India Limited, said, “The e VITARA is a testament of our unwavering commitment to sustainable mobility and technological innovation. With decades of automotive expertise, we have combined advanced electric technology with a customer-first approach to deliver something truly transformative. At Maruti Suzuki, we have always believed that to promote EV adoption, we need to create a holistic ecosystem that simplifies customers' battery electric vehicle ownership journey.”

Disclaimer: Business Today provides stock market news for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.

ABOUT THE AUTHOR

Aseem Thapliyal
Aseem Thapliyal

A journalist with over 12 years' experience, who tracks trends in the share market and writes stock market stories. An active follower of Sensex and Nifty, I capture stocks in news and analysis by share market experts and brokerages on their outlook and price targets. I cover company news/earnings leading to a rally or crash in particular stocks or stock market indices. Also track impact of global stock markets on their Indian peers. I have worked with Live Mint and NDTV Profit in previous stints. My hobbies are exploring new places, travelling, watching movies, spending time with friends and family, watching web series, playing cricket and football. I have completed graduation from Delhi University along with a PG Diploma in journalism from IIMC. I can be reached easily via social media platforms.

Published on: Dec 20, 2024 1:17 PM IST