Maruti Suzuki’s Share Price Declines 1%; Launches Baleno Regal Edition

On October 14, 2024, Maruti Suzuki India Limited (MSIL) launched the new Baleno Regal Edition, a special version of its popular premium hatchback, the New Age Baleno. This new edition will be available across all variants, including the automatic and CNG options. 

The Baleno Regal Edition aims to enhance the vehicle’s appeal with added cabin comfort and stylish design elements, offering a personalised touch that caters to customer preferences. To sweeten the deal, the Regal Edition comes with complimentary accessory kits, providing significant value for customers seeking a technologically advanced and aesthetically pleasing hatchback.

The introduction of the Baleno Regal Edition reflects Maruti Suzuki’s commitment to meeting the evolving demands of the Indian automobile market. With an emphasis on design and functionality, the new edition is poised to attract a wide range of customers looking for modern features and stylish enhancements in their vehicles.

In addition to the Baleno Regal Edition, Maruti Suzuki announced a board meeting scheduled for October 29, 2024, where the directors will review and approve the unaudited financial results for the quarter ending September 30, 2024. 

Post these announcements, on October 15, 2024, Maruti Suzuki’s share price opened at ₹12,709.00, showing an increase from the previous close of ₹12,537.85. As of 11:23 AM, the stock was trading at ₹12,409.85, down by 1.02%. 

The share price recently touched a 52-week high of ₹13,680 on August 1, 2024.

Earlier this month, on October 8, 2024, Maruti Suzuki introduced the Grand Vitara Dominion Limited Edition, available in the Alpha, Zeta, and Delta variants across both petrol and CNG fuel types. This edition enhances the popular SUV’s appeal with distinct style upgrades, reinforcing Maruti Suzuki’s dedication to innovation and customer satisfaction in an increasingly competitive market.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.