Maruti Suzuki shares experienced a notable 2% increase in morning trading after the company unveiled its first all-electric SUV, the e-Vitara.

This launch marks a significant milestone for the automaker, as the e-Vitara will be manufactured at Suzuki’s modern plant in Gujarat and is based on the eVX concept car showcased at the Indian Auto Expo 2023.

With the e-Vitara, Maruti Suzuki not only aims to strengthen its position in the electric vehicle market but also sets a precedent for future developments in sustainable mobility.

Maruti Suzuki’s stock opened at ₹11,042.00, reaching a high of ₹11,275.00 and a low of ₹11,011.90 during the trading session.

As of 10:04 am, Maruti Suzuki shares were trading 1.60% higher at Rs 11,228.95 on the NSE.

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TOPICS: Maruti Suzuki