Maruti Suzuki Announces Vehicle Price Hike from April 2025

Maruti Suzuki Announces Vehicle Price Hike from April 2025

Market Performance

Maruti Suzuki, India's largest passenger car manufacturer, announced a price increase for its vehicles starting in April 2025. Following this announcement, the company's stock price moved upward nearly 2%.

Announcement of Price Increase

The company attributed the price adjustment to escalating input costs and increasing operational expenses. The increase is expected to be up to 4%, with variations depending on the model. In a regulatory filing on March 17, Maruti Suzuki stated that while efforts are made to optimize costs and minimize the impact on consumers, a portion of the additional costs will be passed on to the market.

Sales Performance

February 2025 Sales Data:

  • Total Sales: 199,400 units, reflecting a 0.97% growth from 197,471 units in February 2024.
  • Domestic Sales: 163,501 units.
  • Sales to Other OEMs: 10,878 units.
  • Exports: 25,021 units, marking a 13.5% decline year-on-year.
  • Passenger Vehicle (PV) Sales: 160,791 units, recording a 0.32% year-on-year increase from 160,271 units in February 2024.

Stock Price Trends

  • One-Month Performance: Decline of over 9%.
  • Year-to-Date (YTD) Growth: Increase of 3.3%.
  • Six-Month Performance: Drop of 5.2%.
  • One-Year Performance: Modest gain of 1%.
  • Two-Year Performance: Surge of 40%.
  • Five-Year Performance: Gain of 107%.

As of 9:55 AM on March 17, 2025, Maruti Suzuki's share price was trading 1.99% higher at ₹11,737.10 per share on the BSE.

Conclusion

Maruti Suzuki's decision to raise vehicle prices comes in response to escalating input and operational costs. Despite some sales and stock performance fluctuations, the company maintains its market position with steady long-term growth trends.

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