Maruti Suzuki India Limited expects adverse impact on vehicle production in September 2021

Owing to a supply constraint of electronic components due to the semiconductor shortage situation, Maruti Suzuki India Limited is expecting an adverse impact on vehicle production in the month of September in both Haryana and its contract manufacturing company, Suzuki Motor Gujarat Pvt. Ltd. (SMG) in Gujarat.

Though the situation is quite dynamic, it is currently estimated that the total vehicle production volume across both locations could be around 40% of normal production.

Shares of Maruti Suzuki India Ltd. was last trading in BSE at Rs. 6844.25 as compared to the previous close of Rs. 6797.1. The total number of shares traded during the day was 27646 in over 4605 trades.

The stock hit an intraday high of Rs. 6871.65 and intraday low of 6764.2. The net turnover during the day was Rs. 188805620.

Source : Equity Bulls

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