Maruti Suzuki shares are under focus after Suzuki Motor stopped production of its Swift model cars in Japan from May 26. As of 10:21 AM, the shares were trading 0.72% lower at Rs 12,075.00.
The production halt, initially planned through June 6, is linked to China’s restrictions on rare earth materials, according to a report by Nikkei. Suzuki has not provided an official comment on the issue.
Maruti Suzuki India shares opened at ₹12,200, reaching a high of ₹12,257 and a low of ₹12,016 in today’s trading session. The stock remains below its 52-week high of ₹13,680 but comfortably above the 52-week low of ₹10,725.
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