Maruti Suzuki’s stock pricing beats Ferrari; became one of top five most valuable brands in the market
Maruti Suzuki is on a high with its stock pricing increasing higher than ever. In 2017 alone, the auto manufacturer’s stock price increased by a whopping 86%. Not only that, this year only Maruti’s stock pricing touched the all time high five figure mark. Apart from that, it hs beatedn Ferrari as well in terms of market value and also became one of the top five most valuable brands in the country.
This impressive success is coming on the back of the high demand and good sales of the new crop of cars from this Indo-Japanese car brand that has been ruling the domestic market for quite long time. In recent times, Maruti Suzuki has launched couple of exciting new products that have played major role in the brand’s success story.
Also read: Upcoming Maruti Suzuki Cars in 2017-2018 (10 Cars)
While Maruti Suzuki Dzire has consolidated its pole position in the highly in demand compact sedan segment, Vitara Brezza too gave the auto major a strong foothold in the highly competitive compact SUV category. Apart from that, Baleno premium hatchback and newly introduced facelifted S-Cross crossover too are doing very well.
Maruti Suzuki recently launched the new Celerio that has refreshed its appeal further. Alongside these, the brand continues its reign in the small car segment with popular models like Alto, Wagon-R etc. Soon to be launched new Swift and Ciaz facelift too have helped in improving the stock pricing of the brand.
While the above mentioned cars helped the brand to post an increasing stock price, salary hike under seventh pay commission and a good monsoon across the country have played pivotal role in increasing Maruti Suzuki’s overall sales. Presently, Maruti Suzuki holds market capital of around Rs. 3 lakh crore that is much more than the combined market capital value of Tata Motors, Mahindra and Hero MotoCorp.
Also read: 2017 New Maruti Suzuki Dzire Test Drive Review
With such performance in the Indian auto market and 50% of market share, the small car giant is likely to enjoy the golden run in domestic market over next 5 years, as there is no close competition from other brands. The stable industry growth and benefit from emission norm change will also help the brand to sustain its stock market run.