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Promoters held 0.0 per cent stake in the company as of 30-Jun-2023, while FII and DII ownership stood at 16.45 per cent and 13.13 per cent, respectively.

A total of 19,939 shares changed hands on the counter till 12:07PM (IST)

The stock quoted a 52-week high price of Rs 2027.55 and low of Rs 1434.6.

​Breakout from three months consolidation and daily stochastic is in buy mode.

The stock hit a 52-week high of Rs 131 on 13th January 2023 but failed to hold on to the momentum. It found support above Rs 100 level once in May 2023 and then again in June 2023.

As of 30-Jun-2023, promoters held 0.0 per cent stake in the company, while FIIs held 7.48 per cent and domestic institutional investors had 0.25 per cent.

Nuvama does not see any material impact of the block deal in the near term in the MSCI. In a note, the brokerage further said that the promoter stake sale could slightly result in a weight-up in the next few days in the FTSE index, potentially resulting in an inflow of $5.5mn and 0.9 million shares getting added to the said index.

​Now, it appears that most of those headwinds are largely behind. The regulatory challenges are behind and the price has largely been absorbed by the consumers.

Maruti Suzuki India, incorporated in the year 1981, is a Large Cap company (having a market cap of Rs 296642.62 Crore) operating in Auto sector.

A total of 24,923 shares changed hands on the counter till 11:16AM (IST)