Maruti Suzuki India has increased prices ranging from Rs 1700 to Rs 17000 (ex-showroom Delhi) across models, owning to increase in commodity and other administrative and distribution costs.
The new prices are effect from 10 January 2018.
The stock had outperformed the market over the past one month till Jan. 10, 2018, rising 3.83% compared with the Sensex's 3.56% rise. It outperformed the market in past one quarter, gaining 18.93% as against 7.86% rise in the Sensex.
Shares of the company declined Rs 35.60, or 0.38%, to trade at Rs 9,348.55 at the BSE (10.29 a.m., Thursday).