Maruti Suzuki approves ₹10,189 crore expansion plan
after close1 source ↓written by the desknot a recommendation
- capacity expansion plan
- ₹10,189 crore
- by 2029
- 250,000 vehicles per annum
- to an intraday
- 2.38%
- on March 24
- ₹12,650
Maruti Suzuki's board has approved a ₹10,189 crore capacity expansion plan at its Gujarat plant, aiming to add 250,000 vehicles per annum by 2029, subject to market conditions. Shares rose 2.38% to an intraday high of ₹12,650 on March 24, reflecting positive market sentiment. This investment will also enhance common infrastructure for future plants.
Not investment advice. For informational purposes only.