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Maruti Suzuki held on to most of its early gains near the close on the NSE on Tuesday. At 3.15 pm Maruti was trading at ₹1,866.30 up 7.35 per cent on ₹1,738.45 at close on Friday.
IndusInd Bank was trading at ₹483.30 as against ₹468.15 at close last week. This represented a gain of 3.24 per cent.
Power Grid Corporation was quoting at ₹101.30. This was a gain of 3 per cent on Friday's close at ₹98.35.
State Bank of India was trading at ₹1,700.85 as against ₹1,654.15 at close last Friday. This was a gain of 2.82 per cent.
ITC made rapid gains to trade at ₹355.85, up 2.49 per cent on its previous close of ₹347.20.
PTI adds: Shares of Maruti Suzuki India today surged nearly 10 per cent after the company decided to seek minority shareholders’ approval for the controversial Gujarat plant, which its parent Suzuki Motor Corp had decided to takeover from it.
After a strong opening, shares of the carmaker further zoomed 9.37 per cent to ₹1,899.90 — its 52-week high on the BSE.
On the NSE, the stock jumped 9.81 per cent to touch a one-year peak of ₹1,909.
Under pressure from institutional investors, Maruti Suzuki India on Saturday decided to seek minority shareholders’ approval after tweaking some of the earlier proposals for the controversial Gujarat plant, which its parent Suzuki Motor Corp had decided to takeover.
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