Auto giant, Maruti Suzuki witnessed a stellar buying on Monday’s trading session and ended on a bullish note. The performance in the company comes after it hiked prices across models with effect from January 15, 2021.
The company’s price hikes across models owing to an increase in various input costs.
The weighted average price increase in ex-showroom Prices (Delhi) across Models is 1.7%. The new prices are effective from today i.e. 15th January 2022.
On Sensex, Maruti Suzuki stock closed at Rs8250 per piece higher by Rs167.85 or 2.08%.
The stock neared its record high level. The stock had hit an intraday high of Rs8369 per piece earlier today which is just shy of the 52-week high of Rs8,369.50 per piece.
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