Maruti Suzuki launches upgraded light commercial vehicle ‘Super Carry’

Maruti Suzuki launches upgraded light commercial vehicle ‘Super Carry’

by 5paisa Research Team Last Updated: Apr 17, 2023 - 05:24 pm 882 Views
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With the launch of the New Super Carry, Maruti Suzuki has also introduced a new CNG Cab Chassis variant.

Launch of Super Carry

Maruti Suzuki India (MSIL) has launched its upgraded Light Commercial Vehicle - Super Carry. Built for those who value superior quality and performance, the Super Carry is now powered by Maruti Suzuki’s 1.2L Advanced K-Series Dual Jet, Dual VVT engine. 

Maruti Suzuki’s Super Carry mini-truck is powered by a 4-cylinder engine that now delivers improved performance with a Max Power of 59.4kW (80.7PS) at 6000 rpm and 104.4 Nm of Max Torque at 2900 rpm in the petrol model. The new engine is mated to an upgraded five-speed manual transmission that offers improved grade ability which enables customers to drive up steeper gradients than earlier. 

With the launch of the New Super Carry, Maruti Suzuki has also introduced a new CNG Cab Chassis variant. The mini-truck is also available in CNG Deck, Gasoline Deck and Gasoline Cab Chassis variants. 

Stock Price Movement 

On Monday, the stock opened at Rs 8807.05 and touched a high and low of Rs. 8821.65 and Rs. 8650 respectively. The BSE group 'A' stock of face value of Rs 5 has touched a 52-week high and low of Rs 9768.65 and Rs 7062.65, respectively. Last one week high and low of the scrip stood at Rs 8821.65 and Rs 8400.05 respectively. The current market cap of the company is Rs 2,61,994.04 crore. 

The promoters holding in the company stood at 56.37%, while Institutions and Non-Institutions held 39.74% and 3.89% respectively.  

Company Profile 

Maruti Suzuki India is an automobile manufacturer in India. It provides passenger cars, utility vehicles and vans. The firm also offers pre-owned car sales, fleet management and car financing services. The Company was established in 1981. A joint venture agreement was signed between the Government of India and Suzuki Motor Corporation (SMC), Japan in 1982. It became a subsidiary of SMC in 2002. It is the market leader in the passenger vehicle segment in India. In terms of production volume and sales, the Company is now SMC’s largest subsidiary. SMC currently holds 56.37% of its equity stake. 

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