Maruti Suzuki shares surpass the Rs 12,000 threshold; CLSA anticipates the automaker to continue leading the CNG market.

On March 20, during midday trading, shares of Maruti Suzuki, the biggest automaker in India, surpassed the Rs 12,000 threshold. The stock was up about 3.41 percent, or Rs 11,992.50, at 1:40 pm.

Maruti will continue to hold a 72 percent market share, which is the top position in the CNG PV segment, according to a recent analysis from stockbroker CLSA. According to the brokerage business, CNG PVs would have a larger market share in FY2030—22% as opposed to 15% in FY2024.

Maruti will continue to hold a 72 percent market share, which is the top position in the CNG PV segment, according to a recent analysis from stockbroker CLSA. Stocks like Maruti Suzuki and Tata Motors will profit from the increase in CNG passenger vehicles, according to the trading firm. According to CLSA’s forecasts, the market share of CNG PVs will increase from 15% in FY2024 to 22% in FY2030. The firm claimed that the gain may be attributed to CNG vehicles’ reduced operating expenses.

General News Platform – https://ihtlive.com/
Entertainment News Platforms – anyflix.in
Construction Infrastructure and Mining News Platform – https://cimreviews.com/
Podcast Platforms – https://anyfm.in