Maruti Suzuki has been taking all recommended precautions in its operations against the spread of COVID-19, which includes sanitization and hygiene, temperature checks, maximizing video-conferencing and minimizing contact, closing employee travel, health and distancing advisories to employees and following all government directions on the subject.
As a next step, the Government policy now requires closure of production and accordingly the company has taken a decision on production closure.
The Company will shut production and office operations at its facilities in Gurugram and Manesar, Haryana with immediate effect till further notice. The R&D Centre at Rohtak will also remain closed.
The duration of this shutdown will depend upon Government policy.
Shares of MARUTI SUZUKI INDIA LTD. was last trading in BSE at Rs.5077.1 as compared to the previous close of Rs. 4826.05. The total number of shares traded during the day was 111209 in over 17193 trades.
The stock hit an intraday high of Rs. 5222 and intraday low of 4815.35. The net turnover during the day was Rs. 561559935.