Espresso Shot of the Day -Maruti Suzuki India Ltd up by 6.88 percent

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Espresso Shot of the Day -Maruti Suzuki India Ltd up by 6.88 percent

January 25, 2022
Espresso Shot of the Day -Maruti Suzuki India  Ltd up by 6.88 percent

MARUTI  SUZUKI INDIA LTD. 8600.60  (+6.88%) BSE – INE585B01010 | Jan 25, 2022


Cars are what Maruti Suzuki builds. Experiences are what it creates. Experiences fuelled by innovations, forward thinking and a commitment to bring the very best to Indian roads. From the day the iconic Maruti 800 was launched in 1983, the company has been spearheading a revolution of change. Turning an entire country’s need for driving into its love for driving. However, tastes and demands keep on evolving with each new generation of Indians. This has not been looked at by Maruti Suzuki as a challenge, but as an inspiration to go beyond traditional boundaries of car making. Infusing design and technology is one such step it has taken to make its cars meet new-age expectations smoothly. Today, Maruti Suzuki has its eyes set firmly on the possibilities of tomorrow. And everybody is invited on this journey.

Recent Drivers

  • On Jan 25, 2022, the company announced that it will shortly commence work on its new manufacturing facility in Sonipat, Haryana.
  • On Jan 18, 2022, the company launched the CNG variant of the all-new Celerio.
  • On Jan 15, 2022, the company increased prices of its models by up to 4.3% with immediate effect to partially offset the impact of the rise in input costs.
  • On Dec 9, 2021, the company reported that its premium hatchback Baleno has crossed the cumulative sales milestone of 1 million units.
  • On Nov 30, 2021, the company reported that it has increased prices of all non-cargo variants of its Eeco van by Rs 8,000.
  • On Oct 29, 2021, the company reported net sales at Rs 20,550.9 crores in Sept 2021, up 9.57% from Rs 18,755.6 crores in Sept 2020.
  • On Oct 29, 2021, the company reported quarterly net profit at Rs 486.9 crores in Sept 2021.
(Sources: Business Standard, Moneycontrol, Economic Times)


Technical Force*

  • S&P BSE SENSEX month till date gain up by -0.68%
  • Traded on 52-week-high value: 8661.6
  • 3 months avg. NSE volume: 747,702
  • Quantity traded: 72,465 | Deliverable quantity: 20,044 (27.66%)
  • Stock price has jumped more than 35% from one-year-low level: 6301.2 (Feb 24, 2021)
  • Daily RSI (14) is in Oversold territory today
  • 52-week-high: 8661.6 | 52-week-low: 6301.2


Key Pivot  (Yearly)

R4

R3

R2

R1

PP /FIB PP

S1

S2

S3

S4

Pivot Point

-

10549.67

9474.83

8450.87

7376.03

6352.07

5277.23

4253.27

     -

Fibonacci Pivot

9474.83

8673.09

8177.77

7858.76

7376.03

6893.31

6574.29

6078.97

5277.23


Today’s Close

8600.60

SMA

BSE

10 DAY

8138.75

20 DAY

7920.97

50 DAY

7643.06

200 DAY

7237.69


Some Key Ratios (Source: BSE)

Market Cap: 2, 59,806.98 crores

PE: 64.57

OPM%: 6.71

ROE%: 7.88

Promoters holding%: 56.37

Prev. Close: 8047.3


*Chart and Technical Force data from the Binge desktop app
The scope and usability of this information/data is time-sensitive and market-based, and as such the same may become outdated for the investment decisions of clients, for which Sharekhan Comtrade bears no responsibility. References to securities do not constitute a recommendation to buy, sell or hold such securities. The user assumes the entire risk of any use made of this information. Each recipient of this document should make such investigations as it deems necessary to arrive at an independent evaluation of an investment in the securities of companies referred to in this document and should consult his own advisors to determine the merits and risks of such an investment. Sharekhan Comrade Private Limited is under no obligation to update the information in this document from time-to-time.


Chandresh Khona
by Chandresh Khona

Product Offerings Head

A teacher, writer, travel buff and now Espresso's Product Offerings Head. Ten years here has allowed me to lead the digital team at Sharekhan. My true passion lies in stock market charts.