NSE Symbol: MARUTI | BSE Code: 532500
Previously known as Maruti Udyog Limited, the Maruti Suzuki India Limited, is one of the biggest automobile manufacturers in India. The company had manufactured the Maruti 800 which became one of the most popular cars across India. The Company has been recently awarded by the Gold Exceed Award 2017 for achieving excellent standards of health, safety, and environment at the workplace.
The Maruti enterprise was established in February 1981, but production began only in the year 1983. It started manufacturing with Maruti 800 from the concept of Suzuki Alto Kei Car. A private enterprise was inaugurated on November 16, 1970, with an objective to provide technical knowledge for the manufacturing, design, and assembly of an entirely original motor car.
A business entity called Maruti Limited was established under the Companies Act in the year 1971. Due to the efforts of Dr. V. Krishnamurthy, Maruti Udyog Limited was set up. In the year 2000, it became the premier car company in India to bring out a Call center for the customer and internal services.
Mr. RC Bhargava-Chairman
Mr. Bhargava became the Chairman of Maruti Suzuki India Limited in the year 2007. In the year 2003, he was the Director of Maruti Udyog Limited. He holds an MS degree in Mathematics from Allahabad University. He also pursued Master of Arts in Developmental Economics from Williams College, Williamstown, MS, USA.
Mr.Kenichi Ayukawa-Managing Director and CEO
Mr.Ayukawa came on board of Suzuki Motor Corporation in 1980. He's a law graduate from Osaka University in Japan. Previously, he has served as an MD of Pak Suzuki Motor Company from May 2004 to June 2008. He had served as the Executive General Manager at Suzuki Motor Corporation, Japan, before joining as the MD at Maruti Suzuki India Limited.
A graduate from the faculty of Law from the Chuo University, Mr. Suzuki joined as the Director of Maruti Suzuki India Limited in the year 2002. In 2000, he was the Chairman and CEO of Suzuki Motor Corporation. He shouldered the responsibility of the President and the CEO of Suzuki Motor Corporation. Under his able guidance, the group has achieved significant milestones.
Stocks of Maruti Suzuki India Limited can be traded on any of the two stock exchanges, namely, NSE and BSE. The codes for the same are mentioned below:
Maruti Suzuki India Limited, 1, Nelson Mandela Road, Vasant Kunj, New Delhi, Pin-110070
In the last financial year, the share prices of Maruti Suzuki India Limited have shown a substantial increase. The company is also showing consistency with an increase in the number of units been manufactured in the last quarter. The company has gained a 3% increase in the net profit at Rs.1,799 crore which shows that the company is planning to take their revenue and turnover to greater heights. Hence, it will be a good idea to invest in the shares of Maruti Suzuki India Limited for a long term. It would be wise to buy the company's stocks now as they have been experiencing an upward trend in the last financial years.
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