Maruti Suzuki Share Price
The shares of Maruti Suzuki India, the country’s largest car manufacturer, continued their tremendous boom and touched another record height on Tuesday. Today, the auto share rose by about 1% to Rs 15,384 in the Intra-Day trade. With this, Maruti Suzuki’s stock has increased by 41% in 2025 so far, which is the highest year after 2017. The company’s market cap will soon be 5 lakh crores.
Today’s market cap also reached close to Rs 5 lakh crore, which is just 0.40% less than the current 4.8 lakh crore rupees. After crossing the 4 lakh crore mark in March 2024, it took 16 months to add about Rs 80,000 crore to the Maruti market cap. At the same time, according to BSE data, there are currently 12 companies whose market value is more than 5 lakh crores.
Why did Maruti Suzuki shares run?
Recently, after the cut in GST rate cut from the central government, almost all auto companies have got relief. Because GST cut will reduce the prices of all the vehicles and this is expected to increase demand in this sector. The brokerage firm is also assuming that Maruti will benefit the most from GST deduction. Sales of small cars, which are considered petrol models with engine capacity less than 1,200 cc and diesel model with engine capacity less than 1,500 cc and whose length does not exceed 4 meters. In recent years, the buyers were slowing down to the big, facilitated SUV.
But as GST rates on affordable cars are reduced from 28% to 18%, expectations are increasing that the demand for budget-friendly models may reopen again. Maruti Suzuki’s sales remained sluggish in August due to weak demand for small cars, which fell from 0.6% to 1,80,683 units from year to year. Meanwhile, many vehicle manufacturers have announced a cut in the prices of all their variants to make the benefit of GST deduction to customers. Maruti Suzuki is also expected to amend its prices soon.
How much car can be priced
In an interview to Financial Express, Chairman R.C. Bhargava indicated a significant reduction in the prices of cars. He said that Alto can be about Rs 45,000 cheaper, while WagonR prices could be cut by Rs 60,000-70,000. According to domestic brokerage JM Financial, Maruti Suzuki has about 68% stake in small cars in domestic sales and the tax deduction will only benefit them, which can reduce prices by 11-13%.