Maruti Suzuki Stock Holds Steady, Recovers from Intraday Low on April 17th
Maruti Suzuki India Ltd (NSE: MARUTI) experienced a day of notable intraday fluctuation but ultimately closed nearly flat on the National Stock Exchange today, April 17th. As of 3:30 pm IST, the leading automaker’s stock price was recorded at 11,665.00 INR.
This closing figure represents a marginal gain of just +1.00 INR, or 0.0086%, compared to the previous close. While the net change was minimal, the trading session saw significant movement.
The stock opened the day at 11,664.00 INR, identical to the previous closing price. Early trading saw the shares dip, hitting an intraday low of 11,525.00 INR. However, Maruti Suzuki stock demonstrated resilience, staging a recovery and climbing throughout the late morning and afternoon sessions. The shares reached an intraday high of 11,728.00 INR, showcasing considerable buying interest before settling back towards the closing price.
Key financial data points presented alongside the stock performance include a substantial market capitalization of 3.67 Lakh Crore INR. The company’s Price-to-Earnings (P/E) ratio stands at 25.22, and it offers a dividend yield of 1.07%.
The day’s trading occurred well within the stock’s 52-week range, which has seen a low of 10,725.00 INR and a high of 13,680.00 INR. Today’s performance, despite the flat closing, indicates underlying support and recovery capability within the established trading range.
