Maruti Suzuki Sees Notable Revision in Its Stock Evaluation Amid Strong Market Performance

Maruti Suzuki India has recently seen a notable adjustment in its evaluation, reflecting the company's ongoing performance in the competitive passenger car market. On January 2, 2025, the stock experienced a gain of 3.55%, outperforming its sector by 1.23%. This marks the third consecutive day of gains for Maruti Suzuki, with a total increase of 7.4% over this period.
The stock reached an intraday high of Rs 11,625.35, showcasing a rise of 3.6% during the trading session. In terms of moving averages, Maruti Suzuki's stock is currently positioned above the 5-day, 20-day, and 50-day moving averages, although it remains below the 100-day and 200-day moving averages.

In the broader context, the automobiles sector has also shown positive momentum, gaining 2.32%. Notably, Maruti Suzuki's one-day performance of 3.51% significantly outpaced the Sensex, which recorded a modest increase of 0.84%. Additionally, over the past month, Maruti Suzuki has achieved a performance of 3.25%, contrasting with the Sensex's decline of 1.35%.

In light of these developments, Maruti Suzuki has been added to MarketsMOJO's list, indicating a shift in its market standing.