Maruti Suzuki to raise CNG capacity from January
Maruti Suzuki India plans to raise CNG vehicle production capacity from January 2027 after selling nearly 87,000 CNG vehicles in October. OI Charts data showed short build-up in futures, with the ₹12,000 call and ₹10,000 put holding the largest open interest.
pre-market1 source ↓machine-written, see hownot a recommendation
- MARUTI close
- ₹11,397
- On the day
- -0.25%
- Futures OI, short build-up
- +0.7%
- Put-call ratio
- 0.77
- Max pain
- ₹11,500
Maruti Suzuki India plans to increase its CNG vehicle production capacity from January 2027 as demand continues to exceed supply across hatchbacks, sedans and SUVs. The company sold nearly 87,000 CNG vehicles in October, representing approximately 40% of its domestic volume, while its current monthly CNG production capability stands at around 85,000–86,000 units. The company has not disclosed the size of the planned capacity increase.
The capacity constraint is extending customer delivery timelines and limits the company’s ability to convert demand into immediate sales. The planned expansion should provide additional production headroom across multiple passenger-vehicle segments, although the near-term effect will depend on when the added capacity becomes operational and how quickly pending orders are cleared. CNG demand remains an important volume driver for the passenger-vehicle sector 🚗, particularly as buyers seek lower running costs.
OI Charts data for 30 Oct 2026 showed the stock closing at ₹11,397, down 0.25%, with volume of 280,448 shares. The stock was up 1.8% over five sessions but remained down 5.1% over 20 sessions, and traded near the lower end of its 52-week range of ₹11,102–₹17,370. The derivatives setup showed short build-up, with futures open interest rising 0.7% to 2,458,450 shares and futures trading at a 1.18% premium. The put-call ratio was 0.77.
Key levels and developments to track:
- January 2027: the timing of the additional CNG capacity and any disclosure on its size.
- Monthly sales releases: whether production growth reduces waiting periods and lifts CNG deliveries.
- The ₹12,000 call strike had the largest open interest, while the ₹10,000 put strike had the largest put open interest. Max pain for the 23 Nov 2026 expiry was ₹11,500, providing the main options-market reference around the current price.
The capacity move follows management commentary during the October sales briefing and keeps CNG availability central to the company’s volume outlook. ⚙️
Source: Autocar Professional, 01 Nov 2026
Not investment advice. For informational purposes only.