Maruti Suzuki India Ltd (MSIL) reaches ₹4 lakh crore market cap, becoming the 19th Indian listed company to do so.

Maruti Suzuki India Ltd (MSIL) reached a market capitalization of ₹4 lakh crore, becoming the 19th listed Indian company to achieve this milestone. The auto major's shares surged 23% in 2022, driven by a 33% increase in net revenue due to strong export performance and growth in the premium utility vehicle segment. The company is expected to outperform the industry in the SUV segment and rural market.

March 27, 2024
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