Maruti Suzuki surges on robust December sales and bullish outlook

Maruti Suzuki India Ltd (MSI) shares rallied for the second consecutive session on January 2, reflecting strong investor confidence following the company’s impressive December car sales and optimistic management commentary. At 10:45 am, Maruti Suzuki's stock was trading three per cent higher at Rs 11,545, maintaining upward momentum.

December sales jump thirty per cent
MSI recorded a robust thirty per cent year-on-year increase in total wholesales, delivering 1,78,248 units in December 2024 compared to 1,37,551 units a year earlier. Domestic sales, including light commercial vehicles and supplies to Toyota Kirloskar Motor, surged 24.44 per cent to 1,32,523 units. Exports also contributed significantly, rising to 37,419 units from 26,884 units in December 2023, marking a year-on-year growth of nearly 40 per cent.

Focus on innovation and electrification
Looking ahead, MSI has ambitious plans to bolster its market leadership. Banerjee confirmed the company’s participation in the upcoming Bharat Mobility Global Expo, where it plans to showcase its comprehensive electric vehicle ecosystem and unveil the production-ready electric Vitara. The automaker’s commitment to staying technology-agnostic ensures it can cater to diverse consumer preferences while maintaining its competitive edge.

A strong start to 2025
Maruti Suzuki’s upbeat December sales capped a year of recovery and growth for the auto sector. With a strategic focus on innovation and expanding its EV portfolio, the company is well-positioned to maintain its momentum in 2025.

As domestic demand and export opportunities remain robust, Maruti Suzuki’s trajectory underscores investor confidence in India’s largest passenger car manufacturer.