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Auto stock jumps after receiving approval to invest ₹7,410 Cr to set up new plant in Haryana

Prominent auto manufacturer is expanding its Kharkhoda facility with a third plant, investing ₹7,410 crore to boost annual production capacity to 7.5 lakh units by 2029.
Auto stock surges as company secures ₹7,410 Cr investment approval for new Haryana plant.
Auto stock surges as company secures ₹7,410 Cr investment approval for new Haryana plant.

Introduction:

Leading auto manufacturer has approved the establishment of a third plant at Kharkhoda, increasing the total production capacity to 7.5 lakh units annually by 2029. The expansion, requiring ₹7,410 crore investment, aims to meet rising market and export demands.

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Share price movement of Maruti Suzuki:

On March 27, 2025, Maruti Suzuki India Ltd opened at ₹11,740.05, up 0.07% from its previous close of ₹11,731.70. The stock reached a high of ₹11,824.70 (0.79%) and a low of ₹11,650.00. By 1:17 PM, it traded at ₹11,721.00 with a market cap of ₹3,68,511.26 crore.

Maruti Suzuki Expands Kharkhoda Production:

Maruti Suzuki India Limited has approved setting up a third plant at Kharkhoda with a capacity of 2.5 lakh vehicles per year. This expansion will increase the facility’s total capacity to 7.5 lakh units annually by 2029.

The company will invest ₹7,410 crore through internal accruals to meet growing market demand, including exports. Kharkhoda’s first plant began operations in February 2025, and another plant is under construction, reinforcing Maruti Suzuki’s leadership in India’s automotive sector.

Recent news on Maruti Suzuki:

As of January 29, 2025, Maruti Suzuki India Ltd reported a 16.2% Y-o-Y rise in Q3FY25 net profit to ₹3,726.9 crore, driven by strong SUV demand, CNG vehicle sales, and festive season growth.

Stock performance of Maruti Suzuki for Period of 1 week, 6 months, and 1 year:

Maruti Suzuki India Ltd delivered a 0.03% return over the past week, declined by 13.0% in the past six months, and recorded a 6.20% decline over the past year.

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Shareholding pattern of Maruti Suzuki:

ParticularsDec 2024Sep 2024Jun 2024
Promoter58.30%58.20%58.20%
FII15.50%17.70%19.00%
DII23%20.90%19.50%
Public3.30%3.20%3.30%
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About Maruti Suzuki:

Maruti Suzuki India Ltd (NSE: MARUTI), established in 1981, is India’s leading passenger vehicle manufacturer. A subsidiary of Suzuki Motor Corporation, it produces and sells cars, components, and spares, with SMC holding a 56.28% equity stake.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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