Suzuki Tells India Suppliers To Adopt 6-Day Production Week Amid Quality Push: Report
Maruti Suzuki is in focus.
· NDTV Profit
Suzuki wants Indian suppliers to limit production operations to six days a week, with a full day for maintenance as Maruti targets 4 million vehicles by 2030.
The analysis
Against that, the stock is -1.6% on the day at ₹11,264.00, and has returned -19.3% over three months. It sits 35% below its 52-week high, which means a good deal of bad news was already in the price. The auto sector has moved -4.1% over the same period, so Maruti Suzuki is running 15.2 points behind its peers.
For Maruti Suzuki, the question is how much of this is already reflected in the price and how much re-rates the auto peer set alongside it.
Market context
- The company directly in focus is MARUTI.
- Sector exposure: Auto.
In this story
Related coverage
Taking Stock: Market fails to hold on to day#39;s gains, ends marginally higher
Tata Motors PV, Maruti Suzuki, Ashok Leyland, auto stocks drop up to 3% as RBI signals rate cuts are ‘off the table’
Maruti Suzuki Share Price Live Updates: Maruti Suzuki's Current Market Price Analysis
Ola Electric shares fall 10% as firm fixes price for ₹1,000-cr rights issue
Stock Market Crash LIVE: Sensex Tanks Over 1,200 Points, Nifty 50 Below 22,200; ITC, JSW Steel, IndiGo Among Top Losers