Maruti Suzuki FY 08 Performance at FinGad.com

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Categorie: Equities
Submitted 4 months ago by

Narasimhan , Owner at Krish Systems

COMPANY BACKGROUND Maruti Suzuki India limited one of the leading automobile manufacturers in India was established during 1980s and Suzuki partnership was started in Feb 1981. The Government of India sold its major stake, periodically in the past 10 years, to the technical collaborator and presently the majority stake of the company is held by Japan’s Suzuki motor company. In September 2007 the company’s name Maruti Udyog was changed as Maruti Suzuki. Indian Government recently sold its 18.2% stake in the company to Indian financial Institutions, and 54.2% is owned by Suzuki of Japan. The Company’s car stable has 11 brands including Maruti 800, Omni, Zen, Alto, WagonR, Gypsy, Sumo, Esteem, Baleno, Swift, the MPV and Spots vehicle Grand Vitara. The company’s manufacturing plant is located in Gurgaon, which is capable of manufacturing 3, 50,000 units per annum. More than half the numbers of cars sold in ... More...

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