Maruti Suzuki shares gain 1.5% as Swift 2018 priced below Rs 5 lakh launched at Auto Expo 2018

By: |
Updated: February 08, 2018 1:27 PM

Maruti Suzuki Swift 2018: Maruti Suzuki shares gained over 1.5% on Thursday as the new model of Maruti Suzuki Swift 2018 was launched at the ongoing Auto Expo 2018 in Greater Noida for an amount below Rs 5 lakh.

Maruti Suzuki Swift 2018: The introductory model of new Maruti Swift 2018 is priced at Rs 4.99 lakh.

Maruti Suzuki Swift 2018: Maruti Suzuki shares gained over 1.5% on Thursday as the new model of Maruti Suzuki Swift 2018 was launched at the ongoing Auto Expo 2018 in Greater Noida for an amount below Rs 5 lakh. Shares of Maruti Suzuki India zoomed as much as 1.65% to the day’s high of Rs 9,060 on NSE while the stock rose 1.54% to the day’s high of Rs 9,057 on BSE. Kenichi Ayukawa, Managing Director & CEO was present at the exclusive launch event of Swift 2018. Following the ongoing event of Auto Expo 2018, Maruti Suzuki shares were among the top 10 gainers among the S&P BSE Sensex components.

(Check the live share prices of Maruti Suzuki here)

India’s largest automaker Maruti Suzuki India presented the all-new Maruti Swift 2018 at the mega event of Auto Expo 2018. Maruti Suzuki Swift had been a pioneering journey so far after the carmaker architected Maruti Suzuki Swift for the first time in the year 2005. Maruti Suzuki had already launched the latest version of its flagship model Maruti Suzuki Dzire earlier last year. The introductory model of Maruti Suzuki Swift 2018 is priced at Rs 4.99 lakh.

On presenting Maruti Suzuki Swift 2018, Kenichi Ayukawa said, “Brand Swift is loved for its bold stance, broad shoulders and unmistakable road presence. With this latest evolution, these hallmark features have gone to the next level.” The all-new Swift 2018 benefits from a new infotainment system with Apple Carplay and Android Auto compatibility. With the revised NVH levels, the Maruti Suzuki Swift 2018 will also boast of a rear parking camera and revised Air Conditioning performance. In terms of safety, the 2018 all-new Swift gets ABS, EBD and ISOFIX mounts as standard.

Meanwhile today, Indian stock markets strengthened further after yesterday’s breather with Sensex jumping 482 points and Nifty hovering around 10,600-level as a rally in shares of HDFC, HDFC Bank, Infosys, Reliance Industries and Tata Consultancy Services uplifted the benchmark indices. The S&P BSE Sensex zoomed as much as 482.32 to hit the day’s high of 34,565.03 while Nifty advanced 137.6 points to mark the day’s high of 10,614.3 in the late morning trades. Earlier yesterday, the Monetary Policy Committee headed by RBI Governor Urijit Patel concluded its two-day bi-monthly policy meeting by keeping the key policy rates unchanged. A value-buying amid almost all sectors was seen in the Indian equities on Thursday after the massive wipeout in the three-day tenure from 2 February to 6 February 2018 led by the global sell-off in equities across world markets.

Get live Stock Prices from BSE, NSE, US Market and latest NAV, portfolio of Mutual Funds, Check out latest IPO News, Best Performing IPOs, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Financial Express is now on Telegram. Click here to join our channel and stay updated with the latest Biz news and updates.

Next Stories
1Analyst Corner – NMDC: Maintain ‘hold’ with revised TP of Rs 182 per share
2Analyst Corner – TTK Prestige: Maintain ‘buy’ with unchanged TP of Rs 9,897
3U.S. Stocks: Nasdaq hits record high as factory activity scales new peak