Maruti Suzuki trades higher on the bourses

Maruti Suzuki trades higher on the bourses

Jul 25,2014   02:41 Hrs IST

Maruti Suzuki India is currently trading at Rs 2510.85, up by 11.20 points or 0.45% from its previous closing of Rs 2499.65 on the BSE. The scrip opened at Rs 2512.70 and has touched a high and low of Rs 2536.85 and Rs 2498.00 respectively. So far 19914 shares were traded on the counter. The BSE group 'A' stock of face value Rs 5 has touched a 52 week high of Rs 2663.00 on 02-Jul-2014 and a 52 week low of Rs 1217.00 on 28-Aug-2013. Last one week high and low of the scrip stood at Rs 2572.00 and Rs 2480.00 respectively. The current market cap of the company is Rs 75991.26 crore. The promoters holding in the company stood at 56.21% while Institutions and Non-Institutions held 36.04% and 7.75% respectively. Maruti Suzuki India (MSIL) has trained over two million people under its safe driving initiative at its various driving training facilities in the country. The company had started its safe driving initiative with Institute of Driving Training and Research (IDTR) in partnership with Delhi Government in the year 2000. At present, the company manages six IDTRs including two in NCR and one each in Dehradun, Baroda, Rohtak and Bahadurgarh, in partnership with state governments. These institutes offer learner and refresher courses, including to commercial vehicle drivers. Maruti Suzuki also collaborates with its dealers who manage and operate nearly 320 Maruti Driving Schools (MDS) across the country. MDS are neighbourhood driving schools that are equipped with driving simulators and offer a mix of class-room and practical training by trained instructors (including women). Over half the people trained at MDS are women.