Please Tell Us Your City

Knowing your city will help us provide relevant content to you.

Sorry! No matching results found. Try again.Error Identifying Your Location.

Log in to CarWale

Please enter your password
Forgot password?
Please enter your registered email

Sign up to CarWale

Please enter your name
+91
Please enter your mobile number
Please enter your password
Please enter your password
Ad

Maruti Suzuki is India’s most valuable automotive company

July 19, 2015, 12:53 PM IST by Pratheek Kunder
Maruti Suzuki is India’s most valuable automotive company

Maruti Suzuki has dethroned Tata Motors and took way the tag of India’s most valuable automotive company. Tata Motors, which held this title for many years, is now the second most valuable automotive company in India.

Maruti Suzuki has topped market capitalisation among Indian automakers for the first time since March 2010. The company’s stock ended at Rs 4,180 on Thursday, an increase of 0.61 per cent, for a market capitalisation of Rs 1.26 lakh crore. Tata Motors closed at Rs 395.10, up 0.2 per cent, for a market value of Rs 1.13 lakh crore. Both the companies have played the game of cat and mouse between 2008 and 2010.

One of the major reasons why the Gurgaon-based manufacturer performed well is because a slew of very good product launches, increase in profit margin and favourable foreign currency impact. On the other hand, Tata Motors had a poor domestic performance. However, Jaguar Land Rover performed more than decent in Europe and North America but the recent slowdown in China sales gave a big blow to Tata Motors’ overall figures. Additionally, Maruti Suzuki is expected to perform well in the next few months as well, as the Seventh Pay Commission will increase the salaries of the government employees considerably. 

Show CommentsHide Comments
Ad
  • Upcoming Cars

Tata HarrierTata Harrier

Jan 2019

16L - ₹ 22L
Tata 45XTata 45X

Mar 2019

8L - ₹ 10L
Nissan KicksNissan Kicks

Jan 2019

10L - ₹ 15L
Maruti Suzuki Wagon R FaceliftMaruti Suzuki Wagon R Facelift

Jan 2019

4L - ₹ 6L
Kia SPKia SP

Jul 2019

14L - ₹ 20L
All Upcoming Cars
Ask the experts1800 2090 230Mon-Fri (9 AM - 8 PM)
Sat (9 AM - 5:30 PM)
Sun (9 AM - 7 PM)
Toll free

Select your city to avail offers

Currently available only in