Maruti Suzuki Shares Jump 4.62% – Strong Start to the New Year

New Delhi, India – Country’s largest passenger car maker, Maruti Suzuki India Ltd rose 4.62 percent today, January 2, 2025 after witnessing sales jumping a tremendous 30 percent in December. Responding very positively to this good news and reflecting investor optimism about performance, the share price of Maruti rose 2 percent yesterday, January 1 2025. Total sales of 1,78,248 units for the month of December 2024 may be generated. As compared to last year total of 1,37,551 units for the same month.

The products of all categories sold through strong demand, which supports the sale. Light Commercial Vehicle Domestic Sales Sold to Toyota Kirloskar Motor 1,32,523 units in December 2023. This was up by 24.44% from the previous year December 2023 total of 1,06,492 units. Total Passenger Car Sales In India rose with a high growth of 24.18% at 1,30,117 units in December 2023 compared to 1,04,778 units in December 2023. All these factors helped increase the Maruti share price.

Maruti Suzuki’s exports also rose by 39.2% at 37,419 units from 26,884 units in the same month last year. The growth in exports would only continue to mark Maruti Suzuki’s increasing global presence, and the brand would capture overseas markets. Investor confidence and the price of Maruti shares would keep surging upward in this manner.

Even though the sales have been quite good, the company has also announced that car prices will hike by up to 4% from January 2025. The company pointed out that despite its best effort to optimize costs and pass them on to customers, some percentage of the higher cost would indeed have to be passed on to the market. This also kept the investors closely monitoring the statement because it might reflect on the share price of Maruti in coming months.

Maruti Suzuki Earnings Before Interest, Tax, Depreciation, and Amortization for the quarter ended September of 2024 came in at a three-quarter low. The margin fell by 100 basis points to 11.9%. CNBC-TV18 expected it to be 11.7%, so that is 20 basis points less than that. Profits declined on account of a stable realisations and increased cost of advertisements. Even so, the Maruti share price might have continued going up to as high as 2.78% on January 1, 2025, when it reached ₹11,160.05. From the all-time high of ₹13,680, it has dipped 18%, but the stock has risen around 9% in the last calendar year.

The positive sales in December 2024 indicate that Maruti Suzuki is more effective in its market and, hence it can survive in business and change with the trend. Improvement in exports and domestic sales highlights the steps the company is taking to capture local markets and international markets, thereby leading to an increased maruti share price.

As Maruti Suzuki continues its pursuit of improving operation efficiency to beat the growing expenses and the change in the dynamics of market movement, focusing on customer satisfaction shall be imperative in sustaining growth along with supporting maruti share price.