Maruti Suzuki Car Price Increased: The country’s number one car company Maruti Suzuki has shocked its customers. Maruti has announced to increase car prices from January 2025. Maruti Suzuki has increased the prices of its cars by 4 percent from January 2025. Maruti Suzuki has given official information about this to the stock exchange.
Maruti shares ran up
As soon as this news came, there was a huge jump in the shares of Maruti and it came down to Rs 11,270 per share. A rise of Rs 105.85 or about one percent is being seen in the shares of Maruti Suzuki and its market cap has come directly to Rs 3.54 lakh crore.
What reason did the company give for increasing the price?
In view of rising input costs and operational costs, the company plans to increase the prices of its cars from the end of January 2025. The price is expected to increase by up to 4 percent and will vary depending on the model. However, the company has also said that it constantly tries to optimize costs and minimize the impact on its customers, but there may be a need to pass on some part of the increased cost to the market, due to which this decision has been taken. .
Today’s latest decision of RBI can also have an impact
Today the Reserve Bank has reduced the cash reserve ratio for banks and reduced it from 4.5 percent to 4 percent. Due to this, banks will have additional cash which will enable them to provide more funds and give more loans. Banks will have more capital for home loans, car loans etc. and this will impact car loan takers as well, which will increase the number of auto loans and Maruti Suzuki will also be able to benefit from it.
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