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August 22, Tuesday 2017 10:51 AM       

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       AUTOMOBILE Next Article: GM to stop selling cars in India by 2017 end  
       Maruti overtakes Infosys, ONGC in market capitalisation
 
         Posted on :17:44:11 Jun 10, 2017
   
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       Last edited on:17:44:11 Jun 10, 2017
         Tags: Maruti, Infosys, ONGC
 
NEW DELHI: Maruti Suzuki zipped past Infosys and ONGC in market capitalisation (m-cap) as its stock rose by 3 per cent today, adding Rs 6,563 crore to the value. The stock gained 3 per cent to end at Rs 7,451 on BSE. During the day, it went up by 3.25 per cent to Rs 7,469 -- its 52-week high. It was the top gainer on the BSE benchmark Sensex.
 
On NSE, the stock moved up by 2.97 per cent to close at Rs 7,464.85. Following the gains, the company's m-cap rose by Rs 6,562.85 crore to Rs 2,25,079.85 crore. With this the company stood at the eighth position in the top-10 m-cap ranking chart, ahead of Infosys and ONGC.
 
Infosys' market valuation stood at Rs 2,17,899.66 crore, while that of ONGC was Rs 2,17,074.17 crore at end of trade.
 
Also, the m-cap of Maruti alone is more than the combined valuation of auto majors Tata Motors (Rs 1,34,896.92 crore) and Mahindra & Mahindra (Rs 88,598.83 crore).
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       AUTOMOBILE
Next Article: GM to stop selling cars in India by 2017 end
 
 
AUTOMOBILE HEADLINES
Chinese passenger car now being manufactured in Pak  
Datsun India launches more powerful redi-GO 1.0L  
Ducati launches the all new Scrambler Desert Sled in India  
Hero MotoCorp phases out select models, variants  
Maruti overtakes Infosys, ONGC in market capitalisation  
GM to stop selling cars in India by 2017 end  
India eyes all-electric car fleet by 2030  
Honda Activa now world's largest selling two-wheeler  
Tata Safari Storme replaces Maruti Gypsy in Indian Armed Forces  
Made-in-India Jeep to hit market by June  
Tata Motors launches compact sedan Tigor in Rajasthan  
Maruti, Hyundai clock record yearly sales in 2016-17  
Nissan launches new version of Terrano  
Renault India sales up 26.8% in February at 11,198 units  
Volvo eyes long haul transportation segment in India  
JLR launches Made-in-India Jaguar XF at Rs 47.50 lakh onwards  
Ambassador brand now gets a new owner in Peugeot  
Car sales up 11%; passenger vehicles up 14% in Jan  
Delhi HC seeks Centre, AAP govt reply on plea against faulty CNG kits  
Mercedes hits currency recall speed bump, lowers sales target  
BMW to offer new version of i3 electric car in 2017  
Porsche launches Macan variant priced at Rs 76.84 lakh  
Mercedes launches two convertibles priced up to Rs 2.25 cr  
Toyota launches Fortuner variants priced up to Rs 31.12 lakh  
Maruti, Hyundai lead robust car sales in October  
 
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